RegTech

Here are the 5 main sources of onboarding-related threat to your financial institution in 2022, and here’s what to do about them.

German financial compliance company Taxdoo has raised $64m from a Series B funding round led by Tiger Global.

Cybersecurity firm PlainID has raised $75m from a Series C funding haul headed by US VC and private equity company Insight Partners.

Financial crime prevention firm Acuminor has updated its ThreatView platform to bolster its financial crime support offering.

A blogpost by Kidbrooke has detailed how financial organisations can ensure regulatory compliance and transparency when it comes to their digital financial products.

After a tough 2020, the world looked to 2021 with the optimism of a new beginning and hoped for respite from the Covid-19 pandemic. While the pandemic still looms large, businesses globally are learning how to operate in this new normal. With in-person interactions still a stretch for many, RegTech solutions are being given their time to shine.

South Korea’s Financial Services Commission and the Korea Exchange have launched an integrated ESG information platform.

The Hong Kong Monetary Authority (HKMA) will develop a green sustainable finance module for banking practitioners following recommendations from Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group.

The Financial Crimes Enforcement Network (FinCEN) has issued a consultation that is seeking comments on ways to modernise, streamline and update the US AML/CFT regulatory regime.

A large-scale phishing study by ETH Zurich has found that the youngest and oldest people are most likely to click on phishing links.