The end of spreadsheets? How SaaS is changing regulatory management
The landscape of regulatory change management is witnessing a significant transformation, with old practices involving spreadsheets and email systems increasingly being viewed as outdated...
UK government takes action against APP fraud with new banking bill
The UK government has taken a step to combat the growing menace of APP fraud, which has seen victims lose a staggering £485m in 2022 alone.
From penalties to protection: The role of tech in banking compliance for 2024
2023 bore witness to the heightened stakes in banking compliance, with the industry facing a daunting $6.6bn in penalties for lapses
LSEG partners with SmartSearch for international verification solutions
SmartSearch, the UK’s leading provider of AML and digital compliance software, has entered into a strategic partnership with LSEG Risk Intelligence.
CyberQ Group’s global expansion fuels with £1m MEIF investment in cybersecurity sector
CyberQ Group, a cybersecurity firm based in Birmingham, has recently announced a significant financial boost, having secured £1m in venture capital investment.
Eye Security bags €36m in Series B funding to bolster cybersecurity in Europe
Eye Security, a Netherlands-based cybersecurity firm, has successfully closed a €36m Series B funding round.
ID fraud dominates UK financial sector with a 45% surge
ID fraud is poised to become the main form of bank-reported fraud, with projections finding it could represent 50% of all cases by 2025.
MAP FinTech and Brokeree Solutions forge alliance to bolster regulatory reporting
MAP FinTech has announced a strategic integration with Brokeree Solutions, a technology provider renowned for its brokerage solutions.
Moody’s reveals a disturbing rise in financial crime across Europe
Moody's has recently unveiled alarming data indicating a significant escalation in modern slavery incidents and money laundering operations throughout Europe over the last five years.
Fostering collaboration in finance: The key to overcoming AML compliance challenges
At the heart of the financial sector's efforts to combat illicit activities lies Anti-Money Laundering (AML), a crucial and complex domain.