Protecting sensitive information – How KYC Portal handles security
Solutions for onboarding and due diligence handle very sensitive and critical data on subjects. Before implementing a tool, a firm needs to be confident the data will be held safely.
ESMA publishes paper setting out plans to change MiFID II reporting requirements
The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.
ING Group named leading institution in financial crime risk
ING Group has been listed as the leading institution in financial crime risk management in a ranking from Elucidate, a risk quantification platform.
Terranova Security secures non-dilutive financing
Cybersecurity platform Terranova Security has collected $9m in non-dilutive financing from BDC Capital's Growth and Transition Capital division.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
EBA repeals PSD1 internet payments security guidelines
The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).
MagicCube to solve issues with chip shortage with fresh funding
MagicCube, a software-based security technology, has collected $15m in a funding round, as it looks release new tools.
How Zeidler Group’s new CFO is driving its push with data-powered legal services
Asset managers typically have to use multiple law firms to handle their compliance processes, with expensive and laborious processes; however, Zeidler Group is leveraging data and technology to resolve this issue.
Digital signatures are the secret to standing out
As more people move towards online interactions with financial services organisations, firms are prioritising ways to improve the quality of these customers’ and employees’ interactions. Digital signatures could be the core feature to make a firm stand out from the crowd.
