Eventus on enhancing financial compliance through strong team collaboration
An innovative collaboration approach to financial regulation is being advocated by Eventus, a leading regulatory technology (RegTech) firm, in their latest 'Compliance in Focus' series.
A deep dive into AML non-compliance costs and Flagright’s AI-driven solution
In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.
Smurfing in money laundering: How Flagright’s AI tools are reshaping the battle
Dive into the intricate world of smurfing, a subtle form of money laundering, and learn about the transformative role Flagright's AI-powered tools are playing...
Navigating the AML compliance journey: When is it time to hire an AML Officer?
Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in...
Zoom, Theta Lake boost partnership with advanced security-focused integration
Since 2018, Theta Lake, has formed a strong partnership with Zoom, one of the world's leading video conferencing platforms.
Singapore bolsters green economy with mandatory climate reporting
Singapore is taking significant steps to cement its position as a global business hub and a leader in sustainability.
EU faces investor backlash over Sustainability Reporting Standards overhaul
A collective of key investor-related stakeholders have published a joint statement urging the EC to reconsider its proposed changes to the ESRS.
Exploited loophole causes major $20m security breach for Revolut
In 2022, Revolut faced a significant security breach, leading to a loss of $20m due to a fault in its payment processing system, as...
Layer-1 blockchain firm Shardeum nets $5.4m in strategic funding
Shardeum, a "highly-scalable EVM-based layer-1 blockchain deploying dynamic state sharding," has successfully closed a $5.4m strategic investment round.
IDEX Biometrics and Beautiful Card Corporation ramp up biometric smart card production in Asia
IDEX Biometrics, a global leader in fingerprint biometrics, has entered into a collaboration with Beautiful Card Corporation (BCC), one of the world's leading smart card manufacturers, to increase the distribution of biometric smart cards in Asia.