SEC rewards three whistleblowers for helping stop securities fraud
The US Securities and Exchange Commission (SEC) has financially rewarded three individuals for submitting a tip which alerted the regulator to fraud scheme targeting retail investors.
Aerospike rakes in $32m for Series D as it eyes international growth
Data solution developer Aerospike has raked in $32m for its Series D round which will help to expand its international presence.
Why are KYC solutions becoming so important?
Knowing who you are dealing with is increasingly becoming a major focus for financial firms.
Investment in the RegTech space has grown tremendously since...
Monetary Authority of Singapore managing director says there’s still more to do to ensure...
Since the financial crisis, the Monetary Authority of Singapore (MAS) has been hard at work rebuilding trust in the country’s financial services. However, the managing director believes more must be done.
Bank Millennium to deploy OneSpan’s technology to lower fraud threats
Bank Millennium has deployed OneSpan’s identity verification and e-signature technology to improve transaction security for customers.
The RegTech’s Cronto service secures transactions by empowering clients...
CFTC charges two men for fraud and for violating commodity pool operator requirements
Two men may have to pay a $2.3m fine from the U.S. Commodity Futures Trading Commission (CFTC), which is accusing them of fraud and for violating registration and commodity pool operator requirements.
UK fraud victims could be left without clear refund options as banks disagree about...
British banks have disagreed on how fraud victims should be compensated, leading to people having fallen prey to bad actors potentially being left with reduced reimbursement options in January.
Siren collects $10m in its Series A to help expansion into new markets
Siren, an investigative intelligence platform to help generate deeper insights, has scored $10m in its Series A round.
Atlantic Bridge led the round, with participation...
Silent Eight to expand its team after closing $6.2m round
Silent Eight, which uses AI to combat money laundering and terrorism financing, is looking to grow its team after closing $6.2m funding round.
India’s anti-money laundering act has been amended to allow for more KYC options
The Indian Prevention of Money Laundering Act (PMLA) has been changed to allow more flexibility for people to prove that they are who they say they are.