Hawk AI adds AML veteran as US general manager
RegTech Hawk AI has appointed AML and fraud industry stalwart Steve Liu as its general manager for the US.
Cyber risk management solution dev KYND launches Ready for Brokers service
KYND, a cyber risk management solution developer, has released its industry-first KYND Ready for Brokers service.
Trade surveillance RegTech Eventus names new managing director in APAC
Trade surveillance and market risk solution developer Eventus has named Scott Leader – former Workday executive director – as its new managing director, APAC.
US offers $15m bounty to track down Conti ransomware group leaders
The US government has revealed it is willing to put a total of $15m to track down the leaders of the Conti ransomware gang.
HKMA initiates timeline for mandatory reference checking regime
The Hong Kong Monetary Authority (HKMA) has announced a one-year transition period to allow authorised institutions to prepare for and implement the first phase of the new Mandatory Reference Checking regime.
Mining Capital Coin’s CEO charged for alleged $62m fraud scheme
An indictment was unsealed that charges Mining Capital Coin’s CEO for allegedly orchestrating a $62m global investment fraud scheme.
EBA unveils paper on environmental risk role in prudential framework
The European Banking Authority (EBA) has launched a discussion paper on the role of environmental risks in the prudential framework for credit institutions and investment firms.
Email compromise scams found to cause $43bn in losses globally
The FBI has claimed that losses from business email compromise and email account compromise have surpassed $43bn worldwide.
Majesco and CyberCube respond to growing cyber insurance demand
Majesco, a provider of cloud insurance software solutions for insurance business transformation, has partnered with CyberCube to support growing demand for cyber insurance products.
Mobile operators to generate $27bn through multi-factor authentication
Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.