FinCEN eyes modernised regulatory regime for AML/CFT in the US
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.
Young and old people found to be most prone to falling victim to phishing
A large-scale phishing study by ETH Zurich has found that the youngest and oldest people are most likely to click on phishing links.
Smarsh: Future-proofing Compliance in a Hybrid Work World
Leveraging Communications Data as an Enterprise Strategic Asset
ZeroFox to go public, joins forces with IDX for cybersecurity
Cybersecurity firm ZeroFox has entered into an agreement with special purpose acquisition company (SPAC) L&F Acquisition Corp to become a publicly traded company and will also acquire digital privacy company IDX.
SEC punishes JPMorgan for recordkeeping failures with $125m fine
The Securities and Exchange Commission (SEC) has fined JPMorgan $125m due to ‘widespread and longstanding failures’ by the bank to maintain and preserve written communications.
FCA confirms new rules on climate-related financial disclosures
The Financial Conduct Authority (FCA) has published two policy statements that confirm the final rules and guidance to promote better climate-related financial disclosures.
Noname Security joins the cyber unicorn club following Series C
US-based API security firm Noname Security has secured the unicorn horn after a recent $135m Series C pushed its valuation over $1bn.
How QuantaVerse is applying AI and machine learning to improve AML program effectiveness
Innovations in anti-money laundering (AML) are leading to many businesses reenvisioning how they approach compliance. As financial institutions welcome modern technologies to better adhere to regulations, they realise other benefits from automating their AML practices, says QuantaVerse Founder David McLaughlin.
Cloud security remediator Dazz bags $60m funding
US cloud security remediation firm Dazz has secured $60m from a funding raise.
Regnology unveils ESG reporting module for Abacus360 Banking
RegTech firm Regnology has launched a first ESG reporting module for its flagship product Abacus360 Banking.