Tag: regulatory compliance

Recordkeeping violations continue to rise, with fines now surpassing $4bn since 2021 due to employees' use of unauthorised communication channels. Regulatory bodies have underscored that merely having off-channel policies is insufficient.

As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.

Kaizen has successfully completed its first external funding round, securing a £42m investment from Guidepost Growth Equity.

nCino, a leader in intelligent banking solutions, has announced a definitive agreement to acquire FullCircl, a top UK-based SaaS platform.

Tookitaki, a leader in anti-financial crime software, has recently secured a strategic investment from True Global Ventures (TGV) Opportunity Fund.

Security remains a critical concern within the software industry. Since 2000, a staggering number of individuals—over 3.5 billion—have had their personal data compromised due to security breaches. The complexity and breadth of software applications today only widen the potential for vulnerabilities, highlighting the urgency for robust security measures.

Key United States RegTech investment stats in H1 2024: United States RegTech funding dropped by 18% in H1 2024 YoY California emerged as the...

Key Canadian RegTech investment stats in H1 2024: Canadian RegTech funding increased by 86% YoY Trend analysis showed Canadian RegTech deal volume for the...

ACA Group, a leader in governance, risk, and compliance (GRC) solutions within the financial services sector, has recently taken a significant step to enhance its international reach by acquiring Effecta Compliance Group.

KYC regulations serve as a critical safeguard in Mexico, a country identified by the U.S. Department of State as a major conduit for laundering money derived from drug trafficking, corruption, and other illegal activities.