SEC charges BitConnect founder with $2bn cryptocurrency fraud
The US Securities and Exchange Commission (SEC) filed charges against BitConnect and its founder Satish Kumbhani, as well as a US-based promoter, Glenn Arcaro,...
Identitii unveils SaaS platform to reduce AML and CTF compliance risks
Identitii has launched a software-as-a-service platform to help firms cut non-compliance reporting risks with anti-money laundering (AML) and counter-terrorist financing (CTF).
Identity verification platform Journey.Ai receives strategic investment
Digital trusted identity platform Journey.Ai has received a strategic investment from Avaya Holdings.
FCA warns UK banks and FinTechs on Afghanistan financial crime threat
Britain’s watchdog Financial Conduct Authority (FCA) warned banks to be vigilant about the risk of being used for criminal operations such as terrorist financing or money laundering in Afghanistan as the Taliban completes its takeover of the country.
Why strengthening reconciliation functions can help companies remain compliant
Established in 2013, European and UK RegTech leader MAP FinTech specialises in regulatory reporting solutions that arise from a number of complex and challenging international regulatory requirements. As regulator attitudes continue to evolve, how does MAP FinTech think firms can maintain regulatory compliance?
US DOJ unveils fellowship program to bolster legal fight against cybercrime
The US Department of Justice (DOJ) is launching a fellowship program that is designed to develop legal expertise to deal with cyber threats that impact national security.
How can financial institutions strengthen their banking authentication processes?
A recent OneSpan webinar examined how financial institutions can get to grips with bolstering their digital banking authentication processes and secure buy-in.
SurePay bags €12.2m to help companies prevent payment fraud
SurePay, which provides confirmation of payee services, has collected €12.2m in a round led by Connected Capital.
D3 Security secures $10m funding from Vistara Growth
Security orchestration D3 Security has raised $10m in growth equity funding from Vistara Growth.
Single-factor authentication is a bad cybersecurity practice, CISA warns
The Cybersecurity and Infrastructure Security Agency (CISA) has added single-factor authentication (SFA) to its list of bad cybersecurity practices that it advises against.