UK firms spending £22k each hour on fighting fraud
UK financial services organisations are collectively spending £32.4bn each year on financial crime compliance (FCC), according to a report from LexisNexis Risk Solutions.
RBA releases use cases for pilot of CBDC in Australia
The Reserve Bank of Australia (RBA) has announced a collaboration with the Digital Financial Cooperative Research Centre (DFCRC) on a research project to explore potential use cases of CBDC in Australia.
The UK’s FCA will tackle competition in trade market data
The UK’s Financial Conduct Authority (FCA) has announced it will tackle competition problems with the trade market data.
The Implication of New AML/CTF Laws for Professionals in Australia
Australia is expected to reveal the details of its updated Tranche 2 anti-money laundering (AML) and counter-terrorism financing (CTF) laws towards the end of...
Cisco sets out plans to acquire Valtix to bolster cloud security
Cisco, a cloud and cybersecurity solutions provider, is planning to acquire Valtix, an early-stage Silicon Valley startup in the cloud network security business.
RegTech company Flagright adds kevin. as its newest customer
Berlin-headquartered RegTech Flagright has announced kevin., which enables businesses to accept payments directly from banks, as its newest customer.
Resistant AI’s Document Forensics solution available on Google Cloud Marketplace
Resistant AI, a fraud and financial crime prevention services provider, has made its Document Forensics solution available on Google Cloud Marketplace.
docStribute launches DLT-backed digital signing solution dSign
docStribute has launched dSign, a new digital signing solution that leverages distributed ledger technology, as well as its flagship product dSend.
Summa Equity buys majority stake in cybersecurity company Logpoint
Summa Equity has acquired a majority stake in Logpoint, a developer of a cybersecurity operations platform helping companies tackle evolving threats.
Consilient launches its Federated Learning RegTech solution to market
Consilient, which is on a mission to transform how businesses address financial crime, has launched its financial crime detection and prevention solution to market.