Tag: financial institutions

As financial institutions face a growing wave of increasingly sophisticated cyberattacks, the focus is shifting from pure defence to resilience. According to Corlytics, regulatory...

One in every fifty children is now a victim of identity theft each year, according to new findings released by LSEG Risk Intelligence.

Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions. According to Consilient, deeply embedded legacy...

When financial institutions work together, the results can be transformative. That was the clear takeaway from The Great Fraud Showdown, a webinar co-hosted by...

As financial institutions increasingly embrace digital transformation and AI-powered compliance solutions, one critical gap often holds back long-term success: the absence of a clearly...

The European Banking Authority (EBA) has launched a public consultation on proposed amendments to disclosure requirements under the Capital Requirements Regulation (CRR3), aiming to reduce reporting complexity and align sustainability obligations with the European Commission’s broader goal to simplify ESG reporting.

Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.

Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...

64% of executives reported improved risk visibility as main benefit of RegTech solutions Key Global RegTech trends for 2025: 1,802 executives across 63 territories shared...

Fincom, a RegTech company specialising in anti-money laundering (AML) compliance, has completed its Series B funding round, marking a significant step in its international expansion plans.