The European Banking Authority releases new ICT and security risk guidelines
The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.
Citigroup fined £43.9m for regulatory reporting failures
The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.
Westpac’s chairman and CEO to step down amid AML scandal
Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.
The third annual RegTech100 list has been revealed to celebrate the most innovative companies...
This list identifies the world’s most promising enterprises developing solutions to solve financial services firms and other businesses’ risk management, compliance and cybersecurity concerns.
Almost eight-in-ten US merchants have experienced fraud as fears with online payment fraud rise
Nearly eight in ten US merchants have experienced some form of fraud since they started their operations, according to the latest American Express research...
TruNarrative partners with French AI firm Bleckwen to expand its financial crime solution
Leeds-headquartered TruNarrative’s financial crime platform has added Bleckwen, the French fraud detection and prevention specialist, to the fold.
Westpac accused of 23 million anti-money laundering and counter-terrorism breaches
One of Australia’s biggest banks could be facing massive fines after the country’s top financial accused it of breaking the law 23 million times.
Crypto compliance platform TRM scores $4.2m round
Cryptocurrency compliance and risk management platform TRM has scored $4.2m in a new funding round.
SEC rewards three whistleblowers for helping stop securities fraud
The US Securities and Exchange Commission (SEC) has financially rewarded three individuals for submitting a tip which alerted the regulator to fraud scheme targeting retail investors.
Silent Eight to expand its team after closing $6.2m round
Silent Eight, which uses AI to combat money laundering and terrorism financing, is looking to grow its team after closing $6.2m funding round.