RegTech firm Ascent unveils new compliance offering
Ascent, a firm that claims it helps users comply more efficiently, accurately and cost-effectively, has launched its Compliance Confidence Scorecard.
CyberTech startup Oleria secures $8m in its seed
CyberTech startup Oleria has secured $8m in its seed funding round, which was led by Salesforce Ventures.
European Commission unveils green claims rules to prevent consumer greenwashing
The European Commission has unveiled a new directive that will require companies to verify their environmental claims and labels.
Crypto lobby group calls for UK ‘white list’ to prevent market restrictions
CryptoUK has called for UK banks to be given a ‘white list’ of registered crypto firms to avoid firms in the industry getting ‘debanked’.
What is transaction monitoring in 2023?
The traditional focus of transaction monitoring has been to help regulated firms in the banking and finance sector to detect and prevent money laundering.
KYC firm Encompass launches pKYC maturity model
Encompass Corporation, a provider of a KYC automation platform, has unveiled its perpetual KYC maturity model.
FCA completes preliminary review on ESG benchmarks
The Financial Conduct Authority (FCA) has revealed it has completed a preliminary review on ESG benchmarks.
RegTech Alloy teams with Kyckr to streamline KYB checks
Alloy, an identity decision firm for banks and FinTechs, has partnered with corporate KYC company Kyckr to streamline KYB checks.
Could new PRA legislation put SME lending at risk?
A study by Allica Bank has found plans by the UK Prudential Regulation Authority to change bank capital rules could put £44bn of SME lending at risk.
President Biden vetoes anti-ESG legislation
President Biden has issued the first veto of his presidency after the Republican-led House of Representatives voted to overturn ESG considerations in ERISA plans.