Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
Europol makes a move against airline fraudsters
Europol has made 79 arrests after a crackdown on airline fraud which involved 60 countries, 56 airlines and 12 online travel agencies.
FinTech NorthOne lands $67m in Series B raise
New York-based FinTech NorthOne has raised $67m in a Series B funding round to expand its platform across new verticals.
FCA proposes changes to climate-related disclosures
The UK’s Financial Conduct Authority proposes the introduction of climate-related disclosure rules for the most prominent listed commercial companies in December 2020.
Trov launches end-to-end digital renters insurance in partnership with Lloyds
On-demand insurance platform Trov has released its end-to-end digital renters’ insurance application which has been built in partnership with Lloyds Banking Group.
Sentinels widens leadership team with CPO appointment
RegTech firm Sentinels has expanded its leadership team with the appointment of Christian Roberts to the role of chief product officer.
Wealth Dynamix joins Mayor’s International Business Programme to support international growth
Client lifecycle management solution developer Wealth Dynamix has joined the latest accelerator cohort of the Mayor’s International Business Programme.
Robinhood now has ten million people on its platform
Stock-trading unicorn Robinhood has revealed that over ten million people have accounts on the platform.
How KYC processes differ internationally
With the more becoming ever more digitalised, the need for strong KYC and AML practices have never been more important. How do they differ internationally?
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
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