FCA reporting overhaul to save firms £100m a year
The Financial Conduct Authority (FCA), the UK's financial services regulator, has confirmed a package of reforms to transaction reporting that it claims will deliver...
Banks face rising control costs with no defensible reason
Ask a bank how many controls it operates and a confident answer is rare. Ask how many it actually needs, and which ones, and...
RMSG taps Bretton AI to scale regulator-ready compliance
Risk Management Solutions Group has struck a strategic partnership with Bretton AI to help financial institutions modernise their risk and compliance operations.
The tie-up pairs...
inforcer’s $50m Series C targets AI-driven cybercrime
inforcer has secured $50m in a Series C round headed by global software investor Insight Partners.
Insight Partners has taken a minority position in the...
Balance Theory bags $19m to end CISO budget guesswork
Balance Theory has closed a $19m Series A round to change the way enterprises allocate their security budgets.
The round was led by SYN Ventures,...
How Theta Lake keeps compliance AI accurate at scale
Building an AI-native foundation is only the beginning for compliance oversight; the harder battle is keeping machine learning models accurate, scalable and dependable over...
KYCP moves to fix broken onboarding with COT 2.1.6
Client onboarding remains one of the most friction-heavy stages in the compliance lifecycle, and abandoned or error-ridden applications carry a real cost for regulated...
Prismm warns banks face a $1.5tn deposit risk wave
Prismm, a FinTech company providing inheritance infrastructure for banks and credit unions, has launched its Deposit Mortality Index (DMI), a new measurement tool designed...
Why weak data quietly breaks AML risk scoring models
When alert queues grow faster than compliance teams can handle, genuine financial crime risk can vanish into the noise. According to ComplyAdvantage, the root...
EU’s AMLA puts high-risk banks on notice for 2028
The EU's anti-money laundering regime is undergoing its most significant structural overhaul in decades, and financial institutions that treat it as a distant policy...
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