Hong Kong, Saudi Arabia forge partnership for FinTech innovation
The Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank (SAMA) have recently initiated a partnership.
Rising tide of fraud: UK losses surge to £593m in Q2 2023
In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.
Jericho Security nets $3m to battle generative AI-driven phishing threats
Jericho Security, an artificial intelligence cybersecurity startup founded earlier this year, announced that it has secured $3m in funding.
Adapting to Directive 8: A comprehensive guide for accountable institutions
Financial service providers, estate agents, and attorneys operating in South Africa face a critical challenge: aligning their processes with Directive 8.
Transforming KYCP application completeness: A leap in RegTech UX
A significant upgrade has been introduced to KYC Portal's application completeness feature, aiming to enhance the user experience.
Data Lakes: Transforming ESG reporting amid tightening regulations
As the European Union’s (EU) environmental, social and governance (ESG) reporting requirements become increasingly stringent and frequent, companies are grappling with how to keep up.
Navigating the complexities of AI adoption in the AML space
In a recent post by Moody's Analytics, the firm asked three key questions about driving efficiency with AI-powered screening.
Emojis and Securities law: How a simple emoji triggered a legal battle
Emojis, while being a widespread form of modern expression, can potentially cause legal problems for firms.
UK government unveils groundbreaking sustainability disclosure standards
The UK government will establish UK Sustainability Disclosure Standards (SDS) that will enable firms to report on sustainability and climate-related risks.
Streamlining compliance with KYC Portal CLM: A single customer view solution for global entities
KYC Portal CLM has developed an approach that centres on the single customer view, streamlining the process of handling data, documents, questionnaires, and screening data for a subject.