Industry News

In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.

DNA Payments, a fully vertically integrated omnichannel payments firm, has teamed with Mastercard to deliver Click to Pay for merchants across the UK and Europe. 

A lawsuit has been initiated by a coalition of ten Republican-led states against the U.S. SEC newly adopted climate-related disclosure rules.

In the fight against financial crime, suspicious activity reports (SARs) are vital and it is important to get them right. How is this done?

The world of finance is on the brink of a significant transformation, especially for investment advisors in the United States. On February 15th, 2024, a pivotal announcement was made by the Financial Crimes Enforcement Network (FinCEN) that is set to redefine the landscape of anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance.

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.

RelyComply, a leading firm in the RegTech sector, has recentlyexpanded its innovative platform with a new feature, goAML.

Cisco, a cloud and cybersecurity solutions provider, is planning to acquire Valtix, an early-stage Silicon Valley startup in the cloud network security business.

Tarsal, a security data movement and quality platform, has recently concluded its seed funding round, raising $6 million.

The progress made in the gender equality fight is cause for celebration. But the FinTech industry must not be complacent, there is a long way to go.