MAP FinTech outlines best execution monitoring compliance importance
European RegTech leader MAP FinTech has underlined how RegTech companies can remain compliant with best execution obligations going forward.
Can modern technology assist regulated institutions in their AML commitments?
Technology has the potential to combat money laundering and terrorist financing (AML/CFT) therefore making compliance faster, cheaper and more efficient, according to a new blog post by Sigma...
The Monetary Authority of Singapore launches new competition for data analytics and AI solutions
The Monetary Authority of Singapore (MAS) has launched a new competition designed to accelerate the development of AI and data analytics (AIDA) solutions.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Financial anti-crime startup Quantexa snags $153m to accelerate growth
UK-based Quantexa has raised $153m in a funding round led by Warburg Pincus along with a slew of undisclosed blue-chip investors as it seeks...
FCA slaps Lloyds Bank’s insurance division with £90m fine for misleading customers
The Financial Conduct Authority (FCA) fined the insurance division of Lloyds Bank £90.7m for sending misleading renewal quotes to nine million customers.
The regulator stated...
Two fifths of UAE consumers experience online fraud attempts
Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.
Consent management platform Didomi nets $40m in Series B funding
Didomi, which makes managing consent for customer data easier, has bagged $40m in its Series B round, which was led by Elephant and Breega.
Organisations spend around $1.7m each minute on combating cyber threats
There are around 648 cyber threats every minute and this crime costs organisations $1.7m each minute, according to a study from RiskIQ.
Blockpit nets $10m to support international expansion of crypto tax reporting service
Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.
