Industry News

J.P. Morgan Securities has been ordered to pay a $200m civil penalty due to alleged shortcomings in its surveillance systems.

The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke with Napier AI to offer valuable insights into this transformation.

AuditBoard has reached an agreement to be acquired in a transaction valued at over $3bn, by Hg.

Islamic car finance platform Ayan Capital, a London-based fintech startup, has successfully closed a £2.3m debt and equity seed round.

Userfront, a transformative auth and identity platform for SaaS businesses, has concluded its latest funding round, raising $5.3m.

A report by LexisNexis Risk Solutions highlights the key role of FinTech in shaping the landscape of digital fraud attacks globally, with a particular...

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams. However, with so much noise in the market, finding the right solution is like finding a needle in a haystack. FinTech Global spoke to several RegTech providers for an insight into what to look for.

Cytora, has introduced the Risk Flow Academy, a pioneering digital learning platform designed for commercial insurance professionals. This free resource is the first of its kind to offer comprehensive training in digital risk processing, setting a new standard for the industry.

Muinmos has partnered with Blade Labs to tackle the fragmented and ineffective KYC processes that currently exist in the Web3 space.

BaFin has recently imposed a €9.2 million fine on German FinTech firm N26 due to anti-money laundering failures.