FCA hands out £2m fine to The TJM Partnership
The Financial Conduct Authority (FCA) has fined The TJM Partnership £2m for failing to ensure it had effective systems and controls to identify and cut the risk of financial crime.
CFPB fines Bank of America $100m for “botching” disbursement of state unemployment benefits during...
The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100m for allegedly botching the disbursement of state unemployment benefits at the height of the pandemic.
Why collaboration helps accelerate the customer journey
With customer journey’s predominantly digitised in the modern day, companies are always looking for new ways to stand out. Key to standing out is how a company collaborates with its customers.
CyberTech Bishop Fox scores $75m from Series B
Bishop Fox, an attack surface management firm, has landed $75m from a Series B funding round headed by Carrick Capital Partners.
Switzerland introduces climate scores for investment products
Switzerland’s Federal Council has launched Swiss Climate Scores, which is based on a series of indicators focused on providing transparency into the connection of firms and global climate goals.
5 challenges of upcoming PRIIPs reporting requirements
Asset managers, insurance companies and financial institutions will soon need to comply with the EU’s new Packaged Retail and Insurance-based Investment Products (PRIIPs) Key...
Why the global risk from money laundering is growing
With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.
Cyber risk management platform KYND launches into investment management sector
Cyber risk management technology developer KYND has launched its services into the investment management sector, as cyber risks continue to surge.
Private equity and venture...
UK-based CyberTech Melius Cyber raised £350k in funding
UK-based Cybersecurity platform for SMEs Melius Cyber has reportedly raised £350,000 in funding.
UK organisations warn lawyers against advising paying ransoms
The UK’s National Cyber Security Center and the Information Commissioner’s Office have issued a letter to UK lawyers stating they should not advise the paying of ransoms.