Bank of England initiates climate stress tests to explore risks
The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Bank identity checks could push close to a quarter to competitors, survey finds
A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.
Austreme secures patent for card testing fraud detection technology
Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.
FCA warns cryptocurrency companies are failing to meet UK AML requirement
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
How can we remain cybersecure in the age of mass online participation?
As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?
Signicat acquires Encap Security to integrate mobile identity, authentication
Norwegian digital identity specialist Signicat has bought customer authentication compatriot Encap Security for an undisclosed fee.
ESMA releases final MiFID II and MIFIR market data obligations report
The European Securities and Market Authority (ESMA) has published its final report on MiFID II and MiFIR obligations concerning market data.
FCA completes transition to new data collection platform
The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.
Ransomware DarkSide made $90m in ransom payments, blockchain firm finds
Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.
