Company News

The US Securities and Exchange Commission (SEC) has charged James Velissaris, the former founder and chief investment officer of Infinity Q Capital Management, with overvaluing assets by more than $1bn while pocketing tens of millions of dollars in fees.

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.

The ISSB is poised to finalise its Inaugural Jurisdictional Guide by mid-year, marking a stride towards global consistency in sustainability.

A new deal will see Japanese cybersecurity company Trend Micro will support a Kazakhstan government initiative known as the Concept of Cyber Security or Kazakhstan Cyber Shield.

The global financial world faces an enduring challenge - money laundering. Long dominated by traditional methods, this is now changing.

A recent report from Alessa by Tier1 Financial Solutions has underlined the key trends to watch out for in AML compliance in 2022.

A recent case study by financial crime prevention firm Acuminor has detailed how banks can improve their stance of tackling the financial crime threats they face through its risk-focused technology.

Digital innovation is reshaping the risk landscape for insurers, revolutionising the way they assess, manage, and mitigate risks. Through the advent of advanced data analytics, artificial intelligence, and automation technologies, insurers are gaining unprecedented insights into risk factors, enabling them to make more informed decisions and respond swiftly to emerging threats.

The number of identity theft complaints in the US increased during 2019 by 47%, with a total of 650,000 incidents reported, data from PreciseSecurity.com claims.

In a recent eBook by RegTech firm Clausematch, the company deep-dived into the topic of personal liability for chief compliance officers.