Industry News

Moody’s research has identified alarming patterns of mass registrations of shell companies, signalling heightened risks of financial crime.

The CFPB of the United States and the European Commission have launched an informal dialogue focused on consumer finance.

Karma Wallet has announced its strategic acquisition of DoneGood, the leading marketplace for ethical and sustainable products.

NightVision, a startup entrenched in the application security testing industry, announced on Monday that it has successfully raised $5.4m in seed funding.

Transaction monitoring involves the vigilant oversight of financial flows within a business to identify and mitigate any suspicious activities that could indicate money laundering or other illegal transactions.

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.

HighRadius Corporation, a leader in Autonomous Finance software, has expanded its innovative solutions with a B2B payments platform designed to cut payment processing costs significantly.

Bim Ofolami, the Economic Secretary to the Treasury, has established an open finance task force during aspeech at the IFGS 2024 conference.

DocStribute, a RegTech firm based in London, has appoined Manila McLean as an independent Non-Executive Director.

The 2024 Surveillance Benchmarking Survey & Report from 1LoD, co-sponsored by MCO, unveils significant insights derived from thousands of discussions with surveillance leaders within the financial services sector.