The FCA has not prosecuted a single firm under new money laundering rules introduced...
A freedom of information request has unveiled that the Financial Conduct Authority (FCA) has so far not brought in a single prosecution under the new anti-money laundering (AML) rules it introduced two years ago.
Credit Suisse’s due diligence questioned after revelations that an executive warned against a $2bn...
Credit Suisse has long claimed that it was deceived by rouge bankers when it lent $2bn in a criticised Mozambique deal.
AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
Group of central banks investigating whether the time is right to launch digital currencies...
With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.
Neocova bags $9.5m in Series A to support digitalization of community banks
Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.
Banks refuse to reimburse fraud if consumer ignores a warning message
Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.
EMC Insurance to improve fraud detection with FRISS
US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.
How RegTech is becoming more than just a subset of FinTech
The 2010s saw business leaders realise the importance of compliance. However, RegTech could get even bigger in the next decade, believes Kristoff Zammit Ciantar, CEO of KYC Portal.
Equifax reportedly to pay $1.38bn for 2017 data breach
Credit score company Equifax is reportedly set to pay $1.38bn as a settlement to its major data breach back in 2017.
Netki unveils improved identity verification tools at the North American Bitcoin Conference
Compliance and onboarding company Netki has announced the release of a new face-scanning tool to help businesses prevent fraud.