The 4 pillars of future financial crime compliance
In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is...
Truelayer joins SEPA payment account access scheme: a new era for EU payments
TrueLayer has become the first participant in the SEPA Payment Account Access Scheme (SPAA).
WaveBL raises $37m in Series B funding, advancing digital trade technology
WaveBL, the innovative leader in the digital trade document sector, has successfully secured an additional $11m in funding from new investors, specializing in the...
The future of compliance: Emerging trends and predictions for 2024
2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.
Malaysia’s ACSR to consult on ISSB Standards for enhanced sustainability reporting
The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to...
Sphera expands ESG capabilities with strategic acquisition of SupplyShift
Sphera, a leading provider of ESG performance and risk management software, data, and consulting services, has announced its acquisition of SupplyShift, a supply chain sustainability software company known for empowering businesses to build transparent, responsible, and resilient supply chains.
Anecdotes’ breakthrough in GRC tech attracts $25m Series B funding
Anecdotes, a pioneering force in enterprise GRC (Governance, Risk and Compliance) technology, has recently celebrated a significant financial achievement by closing a $25m Series B funding round.
SaaS backup pioneer Keepit boosts growth with $40m HSBC refinancing deal
Keepit, a Copenhagen-based leader in SaaS backup and recovery, has raised a $40m injection from HSBC Innovation Banking in collaboration with The Export and Investment Fund of Denmark (EIFO).
Navigating the risks of ACH payment fraud: Strategies for business safety
Automated Clearing House (ACH) payments are a staple in modern financial transactions, offering a quick and efficient means for businesses and consumers to move...
US regulatory priorities in 2023 & the coming years
In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.
