Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank
Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
Enhancing cybersecurity in finance: The critical role of application security testing
In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience and accessibility, has also significantly increased the vulnerability of financial institutions to cyber threats. It is now more crucial than ever to implement stringent cybersecurity measures.
FCA calls for stricter yet fairer treatment of politically exposed persons
The Financial Conduct Authority (FCA) has recently mandated that financial institutions, including banks, payment firms, and lenders, enhance their protocols to ensure fair treatment of politically exposed persons (PEPs).
PSR and FCA explore the impact of digital wallets on UK consumers and businesses
The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence...
Hong Kong to fortify financial stability with new stablecoin regulations
Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
CTERA secures $80m from PSG Equity to enhance its hybrid cloud data platform
CTERA, a renowned leader in hybrid cloud data management, today announced a significant financial boost, securing $80m in a mix of primary and secondary funding from PSG Equity.
Good.Lab unveils solution to aid mid-market companies with EU CSRD compliance
Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate...
Xapien secures $10m to transform compliance with AI-driven research
Xapien, a pioneering AI due diligence provider, announced today its successful $10m Series A funding round, led by YFM Equity Partners.
Boosting cybersecurity, CultureAI raises $10m from top investors
CultureAI, a leading Human Risk Management Platform, announced today that it has closed a $10m Series A funding round.
New era of US sanctions: Preparing for a decade of enhanced compliance
As we move into the latter half of 2024, the landscape of international relations is increasingly fraught with challenges, from escalating global conflicts to...