Swedbank comments on sanctions from Swedish regulator
Swedbank will continue to work with Sweden’s Financial Supervisory Authority (SFSA) and improve AML processes as a sanction is imposed on the bank.
Merchant payment platforms’ revenue expected to jump to $158bn in the next five years,...
The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to rise, according to a new report from Juniper Research.
GIACT launched new identity monitoring solution gIDENTIFY
Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information.
Why the global market value of RegTech could grow by $6bn between 2019 and...
A new report suggests that the global RegTech market could grow by a compound annual growth rate of 21% until 2023.
CFTC charges New York man accused of misappropriating futures and forex trading funds
Eyal Alper from New York has been charged with fraud and for allegedly misappropriating funds.
Westpac’s bill for its shabby behaviour is reaching the AUS$2bn mark
One of Australia’s biggest banks has added another AUS$341m to its misconduct costs, but is fearing that the regulator might slam it with a huge fine.
Data platform VoltDB scores $10m in its Series C round
VoltDB, an enterprise-grade data platform for real-time information streaming, has scored $10m in its Series C.
Swedbank’s quarterly earnings drop amidst money laundering scandal
The Swedish bank Swedbank has reported a dramatic drop in its quarterly earnings as it is still dealing with the fallout from a huge money-laundering scandal.
Neotas and University of Essex team up to fight financial crimes
London-based Neotas, a developer of online due diligence solutions for the financial services sector, and the University of Essex have partnered up to innovate new ways to prevent financial crimes and mitigate risk.
Wirecard has asked KPMG to audit its accounting practices after facing fraud allegations
German payments company Wirecard is wrestling with fraud allegations after an expose in the Financial Times. It has now enlisted the services of KPMG to go over its accounting practices.