RegTech

SMEs want more education around Open Banking – Intuit Quickbooks claims

Despite Open Banking first being revealed two years ago, there is still a lot of confusion around what it actually is, a new study from Intuit QuickBooks claims.

Kamma raises £3.6m to tackle Net Zero in UK properties

London-based RegTech Kamma has raised £3.6m as it looks to deliver Net Zero in UK homes and commercial properties.

AXA XL and Slice Labs to give Microsoft customers cybersecurity insurance and protection

Microsoft’s business customers are about to get a serious upgrade in their cybersecurity protection and insurance to cover it.
Tenable

Tenable set to bolster cloud security through Ermetic acquisition for $265m

Tenable, an exposure management platform provider, has penned down a definitive agreement to acquire Ermetic for $265m.

Telleroo becomes Tribe Payments’ first Bankbox customer

Tribe Payments, the PayTech startup, has unveiled the first client using its new API-led banking solution.
TikTok

TikTok faces $368m fine for neglecting children’s data privacy in Europe

TikTok recently received a $368m fine by European regulators for its negligence in ensuring children's data privacy.

Australian authorities arrest members of suspected Vietnamese criminal network over money laundering charges

Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.
Muinmos

Muinmos, TConsult partner to streamline digital investor tax declarations

Muinmos and TConsult, two prominent entities in the financial sector, have inked a deal focusing on digital tax solutions.

How Sweden aims to become a FinTech superpower

The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the growth....
Paytm

Paytm Payments Bank faces hefty INR 5.4 crore fine due to KYC negligence

Paytm Payments Bank has been penalised INR 5.4 crore by the RBI owing to its failure to adhere to KYC instructions.

News Stories

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.

Insured Nomads welcomes Sven Thorslund to leadership team

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

CLARA Analytics and Origami Risk deepen partnership to fast-track AI adoption in insurance

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.
Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

Delos Insurance and Lloyd’s of London to expand vacant home insurance in California

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.
QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

QBE NA launches specialised healthcare liability practice

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.
Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

A comprehensive guide to Know Your Customer procedures

Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

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