Home RegTech Financial Crime/Fraud Prevention

Financial Crime/Fraud Prevention

Westpac launches RegTech challenge

Australian bank Westpac has launched a RegTech-themed challenge for startups.

AML compliance costs firms $25.3bn per year

Anti-money laundering compliance is costing US financial services organisations $25.3bn per year, according to a new report.

FacePhi launches ‘zero risk’ security product for banks

FacePhi, a Spain-based biometrics business, has launched a new ‘zero risk’ security product for the banking sector.

Allied Wallet bolsters fraud protection with AI

Allied Wallet has added artificial intelligence features within its payment offering to create a new standard for fraud prevention.

Turkey’s Akbank taps Daon for facial recognition

Akbank has become the first bank in Turkey to deploy facial recognition for mobile banking authentication.

FINMA grants its first authorisation to a crypto company

Crypto Fund AG has become the first and only crypto company to receive authorisation from the Swiss Financial Market Supervisory Authority FINMA.

Cloudera merges with Hortonworks

Cloudera has merged with Hortonworks to create a next generation data platform and the first enterprise data cloud.

Luxembourg & Australia reach FinTech and RegTech agreement

Luxembourg and Australia have agreed to cooperate on financial innovation in each jurisdiction.

EverCompliant releases new eKYC Discovery tool

EverCompliant, a transaction laundering detection and prevention startup, has released a new eKYC Discovery tool.

EIT, the European Commission accelerator pushes eID

Electronic IDentification joins EIT to boost their businesses in the European market.

50,000+ RegTech leaders get exclusive industry stories delivered every week