RegTech

The U.S. House of Representatives has passed a sweeping tax reform bill, dubbed the “One Big Beautiful Bill”, which is now awaiting Senate approval. Although the bill is still subject to change, it contains several proposals that could have far-reaching implications for global organisations involved in information reporting and tax withholding.

When it comes to adopting AI-powered tools, excitement often precedes caution. Demos are slick, sales pitches are polished, and expectations run high. But many firms find themselves disillusioned when promised features don’t materialise or when the tool proves too complex to use. Worse still, some discover that the outputs are fundamentally flawed, plagued by hallucinations that make the software unusable.

In a move to fortify Singapore’s anti-financial crime landscape, the Monetary Authority of Singapore (MAS) is introducing sweeping changes to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework.

Guardz, a cybersecurity company focused on serving Managed Service Providers (MSPs) and IT professionals, has raised $56m in Series B funding.

As AI quietly reshapes the financial system, regulators face a pressing question; can they trust black-box algorithms to make fair decisions? These opaque models...

The UK’s FCA has unveiled a new initiative aimed at boosting artificial intelligence (AI) adoption across the financial sector. The regulator announced the launch...

As financial institutions face a growing wave of increasingly sophisticated cyberattacks, the focus is shifting from pure defence to resilience. According to Corlytics, regulatory...

MIND, a cyber company specialising in AI-native DLP, has raised $30m in Series A funding, only seven months after emerging from stealth. The round was...

A global coalition of financial regulators, led by the UK's FCA, has taken coordinated action to clamp down on so-called “finfluencers” promoting unauthorised financial...

OneSpan has acquired Nok Nok Labs, a pioneering provider of passwordless authentication technology and a founding member of the FIDO Alliance. The acquisition is aimed...