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.
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.
