Ransomware hits $2.1bn as FinCEN highlights 2023 surge
A new analysis from the U.S. Department of the Treasury’s FinCEN has revealed the scale of ransomware activity reported by financial institutions, showing more...
Can data make sense of an ever-changing rulebook?
Regulation has never been a fixed destination; it’s a moving target shaped by new risks, political shifts and rapid technological change. For financial institutions,...
Compliance teams need certified Teams recording
Voice communication and virtual meetings have become the backbone of how regulated employees interact, particularly in financial services.
Regulators are increasingly asking firms not...
New SEC guidance on transaction-based compensation
For years, many industries have used separate business entities to receive compensation on behalf of independent contractors, often for tax reasons or administrative efficiency....
Why Tranche 2 is raising professional liability exposure
Gatekeeper professions such as lawyers, accountants, real estate agents and TCSPs are facing tightening regulatory scrutiny as Tranche 2 reforms continue to expand AML...
Helmet Security bags $9m to secure agentic AI
Helmet Security, an emerging cyber company focused on protecting communications between artificial intelligence systems, has raised new capital to boost its platform as enterprises...
Lumia raises $18m to scale agentic AI governance tools
Lumia, an AI security and governance platform helping enterprises adopt autonomous systems safely, has completed an $18m seed round.
The company, founded by cybersecurity specialists,...
Best AML transaction monitoring tools ranked
Transaction monitoring has become one of the most decisive areas of modern Anti-Money Laundering (AML) programmes, particularly as financial crime evolves in sophistication.
In...
Why tick-box compliance is failing financial firms
A Court of Appeal decision has sent shockwaves through regulated financial firms, signalling a dramatic shift in expectations around client categorisation.
The case centred...
The ultimate guide to KYC verification
For compliance and risk officers, finding the balance between rigorous fraud prevention and a smooth onboarding experience can often feel like walking a tightrope....
