The RBI slams State Bank of India with ₹70m fine for breaching asset classification...
The Reserve Bank of India (RBI) has imposed a ₹70m monetary penalty on the State Bank of India for failing to comply with the standards set up by the central banking institution.
UK government plans to fight fraud and economic crimes by working closely with private...
HM Treasury and the Home Office have published a new plan to fight cybercrime, fraud, the financing of terrorism and other economic crimes.
More industry collaboration will help boost the fight on fraud
Regulators need to improve how they handle the data they capture from license holders, according to a panel at the Global RegTech Summit.
South Australian Police launches new cybercrime and financial fraud division
The South Australian Police (SAPOL) has launched a new division which will focus on investigating cybercrime and financial fraud.
Securities Commission Malaysia warns investors of backing ICOs and digital asset exchanges
The Securities Commission Malaysia (SC) has issued a caution to investors against backing unauthorised initial coin offerings (ICO) and digital asset exchanges (DAX).
IXOPAY to help clients protect from fraud through new Kount deal
IXOPAY hopes to help its clients better protect themselves from fraud through its new partnership with Kount.
Reserve Bank of India fines four banks for KYC and AML failures
The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.
Tokeny receives €5m in funding from European stock exchange Euronext
Tokeny Solutions, a compliant tokenisation platform, has received a €5m investment from pan-European exchange Euronext.
Four Singapore-based RegTechs to watch
The regulatory technology sector has been growing at a feverish rate. Last year, a total of $4.4bn was invested to starups in the space around the world – 2.5-times the amount raised in 2017, data from RegTech Analyst shows.
Bleckwen launches from stealth, to reveal $10m investment close
Bleckwen, which leverages real-time behavioural analytics platform to detect fraud in payments, has come out from stealth, revealing the close of a $10m funding round.