EBA warns drain of talent will impact regulation of crypto
A chair of the European Banking Authority (EBA) has said European regulators are facing challenges in finding talent to help regulate the cryptocurrency industry.
How KYC can fight fraud in FinTech
As the FinTech sector continues to grow, so does the prevalence and cost of fraud. As such, security remains one of the biggest challenges the sector is facing today. eID outlines the role KYC in onboarding new customers has to play.
Russia-linked cyberattack hits Spanish research center
Spain’s leading scientific research center has been targeted by a cyberattack that has origin links to Russia.
RegTech startup Compliance.ai lands $6m in funding
Compliance.ai has landed $6m in funding from existing investor Cota Capital and first-time backer JAM FINTOP.
Continuous compliance automation platform RegScale bags $20m Series A
Continuous compliance automation software platform RegScale has closed its Series A round on $20m.
Cybrary scores $25m in financing raise
Cybrary, a company that sells access to a platform focused on cybersecurity workforce education and training, has raised $25m from a Series B round.
EBA launches consultation on internal ratings-based systems handbook
The European Banking Authority (EBA) has launched a consultation on its supervisory handbook for the validation of internal ratings-based systems.
CaixaBank launches Climate Risk Unit as part of its Sustainability Directorate
CaixaBank has launched its Climate Risk Unit as part of its Sustainability Directorate, which has seen it bolster its commitment to sustainability.
SEC charges numerous firms for identity theft prevention deficiencies
The SEC has separately charged JP Morgan Securities, UBS Financial Services and TradeStation for deficiencies relating to the prevention of customer identity theft.
ID-Pal teams with Lerex for fraud protection
Identity verification provider ID-Pal will help payment solution provider Lerex Technology with its identity verification, e-verification and anti-money laundering and KYC requirements.