Is the metaverse the next frontier for banks?
Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.
DataRails scores $50m for its Series B
Financial planning and analysis platform DataRails has scored $50m in its Series B funding round.
Why should risk and compliance professionals care about the move to ESG?
ESG is all the rage in 2022. With many companies now turning towards more sustainable practices and investors making more sustainable investment decisions, why should those involved in risk and compliance care?
SEC suggests rule amendments to enhance and standardise disclosures
The Securities and Exchange Commission (SEC) has proposed rule amendments to enhance and standardise disclosure regard cyber risk management, strategy, governance and incident reporting by public firms.
Italian watchdog slaps ClearView AI with €20m fine
Italy’s data privacy watchdog has given US-based RegTech firm ClearView AI a €20m fine over controversies surrounding its facial recognition software.
How financial institutions can remain compliant in the face of Russian sanctions
As the fighting between Russia and Ukraine forces continue, national governments globally are increasingly imposing severe sanctions on Russia and its financial sector.
Crypto tax platform BearTax nets $3.2m in seed capital
BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.
How networks are imperative to detecting lending fraud
The rise of fraud, specifically lending fraud, during the pandemic has been a hot topic for discussion. In a time where fraud is becoming more commonplace, how can industry fight back?
Philippines’ central bank stiffens reporting standards for payment system operators
The Bangko Sentral ng Pilipinas (BSP) has placed firm reporting standards for operators of payment systems in a move to make the Philippines’ payment system strong and more efficient.
Singapore’s Docsumo scores seed funding
Singapore-headquartered Docsumo, which helps firms automate decisions from customer documents, has netted $3.5m in its seed funding round.
