Industry News

Exterro, a leading provider of GRC software, has acquired Zapproved, a provider of e-discovery software known for its strong customer outcomes.

The Council and the European Parliament have made a significant step forward by reaching a provisional agreement on the Net-Zero Industry Act (NZIA).

Fraud prevention and identity verification firm iDenfy has partnered with Finora to automate compliance and secure the onboarding process.

In the fast-evolving landscape of financial regulation, the significance of stringent recordkeeping cannot be overstated. Recent enforcement actions by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have underscored this, with fines exceeding $1.5bn handed down to Wall Street firms for recordkeeping violations.

TrueLayer, an open banking platform, has launched what it claims is the first-ever automated onboarding product using open banking APIs. 

Avast, a software provider, has been ordered to pay $16.5m and cease the sale or licensing of web browsing data for advertising purposes.

The Financial Conduct Authority (FCA) has named the members of its Innovation Advisory Group, which will join as the group meets later this month.

The PRI has formally announced the initial details of its 2024 reporting framework, marking a crucial development for PRI signatories. Scheduled to open in May...

The PSR has published a consultation on guidance to support PSPs providing correct data when they report authorised push payment scams to regulators.

India's Financial Intelligence Unit (FIU) has imposed a fine of ₹54.9m ($662,565) on Paytm Payments Bank, the banking arm of Paytm (PAYT.NS). According to Reuters,...