Financial services organisations still unsure about data protection laws despite spending £79m on compliance
Data security laws are continuing to be a problem for businesses despite them having paid millions on compliance, according to a new study from Tanium, the security company.
UK authorities launch Regulatory Initiatives Grid to help firms struggling because of COVID-19
UK financial market stakeholders have joined forces in a new effort to help financial services firms prepare for upcoming regulatory work.
Brexit hasn’t gone away because of the coronavirus – the FCA says
The Financial Conduct Authority (FCA) has warned businesses that they still need to get act together when it comes to Brexit, despite COVID-19.
MCO works with Governor Software to boost compliance
MCO (MyComplianceOffice) has formed a strategic partnership with Governor Software to help companies better track compliance requirements.
Accenture acquires NIKE Group to bolster its RegTech and compliance capabilities
Leading professional services firm Accenture has bought NIKE Group, an Italian consulting firm that provides regulatory technology services and solutions to financial services firms. The financial terms of the deal were not disclosed.
SteelEye offers 90 days of free communications surveillance to support remote workers
With social distancing rules having forced many professionals to work from home, SteelEye has decided to offer its compliance technology for free to businesses.
SmartSearch launches new facial recognition feature to strengthen its anti-money laundering platform
In a bid to up the ante in the fight against dirty money, SmartSearch has added a new facial recognition feature to its digital anti-money-laundering (AML) platform to bolster security in the days of COVID-19.
Theta Lake offers three months free access to its compliance tools in new RingCentral...
US RegTech venture Theta Lake has teamed up with communications company RingCentral to boost its clients' compliance efforts as the number of remote workers grow due to the COVID-19 pandemic.
FCA offers new guidance after UK government updates the Coronavirus Business Interruption Loan Scheme...
The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog has offered guidance as to what this will be regulated.
Why do financial firms still get data laws wrong?
Nine out of ten financial services firms struggle to comply with data privacy laws. However, this has presented RegTech companies with new opportunities.
