Irish privacy watchdog hits Meta with €17m fine
Ireland’s privacy watchdog, the Data Protection Commission, has fined Meta €17m from violating GDPR.
EBA urges banks to meet sanction compliance and offer payment access to refugees
The European Banking Authority (EBA) has called on financial institutions to ensure compliance with sanctions against Russia and support access to basic payment accounts for refugees.
Economic sanction RegTech startup Silent Eight pockets $40m
Silent Eight, an AI-powered economic sanctions enforcement and financial crime prevention solutions, has bagged $40m in its Series B.
Eventus names software engineering veteran as CTO
Trade surveillance firm Eventus Systems has appointed Josh Bosquez to the role of chief technology officer.
Why recent global crises are changing compliance
Compliance is changing. In a world transformed by the pandemic, many companies are now conducting their compliance processes online. However, the continuing upheavals worldwide are altering the way compliance itself is conducted.
Data management technology Getvisibility bags Series A
Getvisibility, an AI-powered platform to classify and secure unstructured data, has raised €10m in its Series A funding round.
RegTech Encompass Corporation bags £25m
Encompass Corporation, a provider of automated KYC solutions, has raised £25m in a funding round.
Retailers could lose £3.64m each day through SCA failure
Retailers could lose £3.64m in sales each day as the Strong Customer Authentication (SCA) regulation deadline approaches, according to Barclaycard Payments.
EBA calls on FIs to ensure sanctions compliance against Russia
The European Banking Authority (EBA) has asked financial institutions to make sure they remain compliant with sanctions against Russia.
Will SCA be a changemaker for the UK payments market?
Strong Customer Authentication (SCA) has come into force in the UK today, almost a year after its original deadline passed.
