Transaction Monitoring

The European Parliament has postponed a vote on crypto asset regulation after a leaked draft included a provision that sought to ban cryptocurrencies.

The Federal Reserve Board has proposed changes to how financial firms get access to the US Central Bank’s payment system, a report by PYMTS has revealed.

The National Bank of Pakistan has agreed to pay $55m in fines imposed on its New York branch by three US regulators.

The Bank for International Settlements (BIS) has launched a green bond fund that is dedicated to aid the financing of green projects in Asia Pacific.

Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.

The European Union is getting closer to agreeing sanctions on Russia that would ban trading on Russian state bonds amongst other things.

AuthenticID has established a cross-product strategic partnership with 1Kosmos to provide a suite of identity proofing and authentication solutions for governments, corporations, and individuals.

The growth of non-fungible tokens (NFTs) has been stratospheric over the past two years, with the market showing no signs of slowing down in 2022. After recently hitting a $41bn value at the end of 2021, the number of prying regulatory eyes on the industry are growing. Will this be the year we see wholesale regulation on NFTs?

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

After a strong 2021, many RegTech companies are looking ahead to the new year with optimism for another year of advancement and greater innovation. With the pandemic still raging on, 2022 could be another year for RegTech companies to further ingrain themselves into the system. What trends should the industry look out for this year?