EBA enhances proportionality in resolution planning with new technical standards
The European Banking Authority (EBA) has released its updated final draft implementing technical standards (ITS) on resolution planning reporting.
Verified identity platform Persona secures $200m to tackle AI fraud and digital trust
Persona, a San Francisco-based verified identity platform, has raised $200m in a Series D funding round, valuing the company at $2bn.
Digital identity firm ID.me secures $275m financing from Ares Management
ID.me, a digital identity wallet provider, has secured a $275m credit facility from Ares Management, a global alternative investment firm.
The critical role of FATCA and CRS compliance in fund administration
FATCA and CRS are crucial global regulatory frameworks aimed at increasing tax transparency and preventing tax evasion. TAINA, which offers a fully automated FATCA...
Understanding the 3 stages of money laundering: How AML integration protects businesses
Money laundering is a global issue, undermining economies and enabling illicit activities by disguising illegal funds as legitimate. This pervasive challenge affects financial institutions and high-risk industries, making Anti-Money Laundering (AML) measures essential to combat it effectively.
How AI slashes ESRS compliance time by 50% for sustainable reporting
As sustainability reporting becomes more demanding, companies face significant challenges in gathering, organising, and producing reports.
New Napier AI report highlights $3.13trn potential savings with AI in AML compliance
Napier AI, a RegTech company offering a range of compliance tools and services, has launched its inaugural AI / AML Index, revealing that artificial intelligence could enable global economies to save $3.13trn annually by enhancing the detection and prevention of money laundering and terrorist financing.
Tookitaki’s anti-financial crime technology garners investment for growth in key Asian markets
Tookitaki, a leader in anti-financial crime software, has recently secured a strategic investment from True Global Ventures (TGV) Opportunity Fund.
Unlocking AML capabilities: How graph databases revolutionise financial crime detection
Graph databases and network analysis have become pivotal in the field of Anti-Money Laundering (AML), offering a sophisticated approach to understanding and disrupting financial...
Navigating the shadows: How to detect and prevent deepfakes in digital media
Deepfakes are deceptive creations, ranging from audio to videos, manipulate genuine footage to fabricate scenarios that never actually happened.
