Flagright and Cleva join forces to fortify financial services for African markets
Flagright has recently announced a significant partnership with Cleva, a FinTech platform dedicated to transforming financial services for Africans.
Boosting bank security: How HCL BigFix aligns with RBI’s latest compliance demands
The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.
Will 2024 be the year of compliance technology?
As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
Coro bags $100m to reinforce cybersecurity for SMEs with Series D funding
Coro, the pioneering cybersecurity platform specifically designed for small and medium-sized enterprises (SMEs), announced today that it has secured $100m in a Series D funding round.
Treasury report unveils AI’s potential risks and rewards for financial sector cybersecurity
In a recent development that highlights the challenges and opportunities presented by AI in cybersecurity and fraud prevention, the US Treasury has released a report.
New Zealand’s central bank unveils climate risk management blueprint for finance
The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.
ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech
ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.
Philippines steps up financial innovation with new payment systems regulations
The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS), marking the first-ever comprehensive codification of payment system regulations in the Philippines.
FCA cracks down on misleading financial ads on social media
The FCA has issued a clarion call to firms and finfluencers on the imperative of maintaining legality and clarity in their social media advertisements.
London RegTech GSS secures $47m to bolster global sanctions compliance
Global Screening Services (GSS), headquartered in London, has announced a fresh infusion of $47m.