How RegTech is becoming more than just a subset of FinTech
The 2010s saw business leaders realise the importance of compliance. However, RegTech could get even bigger in the next decade, believes Kristoff Zammit Ciantar, CEO of KYC Portal.
Australian authorities arrest members of suspected Vietnamese criminal network over money laundering charges
Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.
FCA and the Bank of England tell financial firms it’s time to get rid...
The traditional way banks calculated interest rates if it would borrow from other banks is about to end. And it is time financial services firms prepare for it.
How Brexit could change one of the most important laws for financial firms
With days left until the UK officially leaves the EU, David Clee, CEO of MirrorWeb, explains how the divorce may change how British businesses operate.
Global money laundry fines totalled $8.14bn in 2019
The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup.
Australian and UK regulators team up to fight money laundering and terrorism financing
Two regulatory watchdogs in Australia and Britain have signed a memorandum of understanding (MOU) to tighten their collaboration in their fight against financial crimes.
The global transaction monitoring software market expected to be worth $26.41bn by 2026
Keeping a close eye on financial transactions has become big business and it is about to get bigger.
Travelex ransomware scandal spirals to affect Samsung Pay’s international money transfer services
Samsung Pay has been forced to suspend its international money transfer services as it has been drawn into Travelex’s ransomware problems.
The FCA aims to make savings easier for people through new proposals
The Financial Conduct Authority (FCA) believes the savings market could be working better for people.
Securrency scores $17.65n in its Series A
Securrency, a blockchain technology developer for the financial and regulatory sectors, has scored $17.65m in its Series A.
