Industry News

Cloudflare, a connectivity cloud company, has announced the acquisition of BastionZero, a zero-trust infrastructure access platform.

The recently launched 2024 Surveillance Benchmarking Survey & Report from 1LoD and co-sponsored by MCO (MyComplianceOffice), sheds light on the evolving landscape of surveillance across financial institutions. The insights, gathered from over 30 prominent banks globally, highlight significant developments in the ways these institutions approach compliance and surveillance.

Zūm Rails has announced the launch of a large-scale Banking as a Service (BaaS) project, aiming to expand its platform with bank-like services for enterprise clients.

Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks. As a result, detecting document fraud has become...

Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.

The SEC and CFTC have charged multiple Wall Street firms with widespread recordkeeping failures, imposing staggering penalties exceeding $2.5bn.

Culture, geography, politics, and media reporting all create challenges for name matching in a KYC or due diligence process, even when software is used...

Know Your Business (KYB) is a crucial process for verifying business entities during the onboarding phase, aimed at understanding risk factors, financial health, creditworthiness, and beneficial ownership.

In the financial industry, transaction monitoring is an essential process, particularly for businesses handling client or business financial transactions.

The role of artificial intelligence is continuing to evolve within the FinTech sector. As firms get to grips with the technology's potential, many stakeholders...