UK advertising watchdog upholds complaints against BitMEX for Bitcoin ad
BitMEX, the crypto derivatives exchange platform, has faced complaints regarding an ad. The British Advertising Standards Authority (ASA) has now upheld the complaints, barring the business from using the ad again.
FTC orders MoneyGram to return $115m to scammed consumers
The Federal Trade Commission (FTC) has ordered MoneyGram to return $115m in refunds to consumers who were frauded by scammers using their payment system.
Virgin Money looks to aid firms’ ESG posture with new app launch
Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.
PSR charts course for enhanced oversight in financial landscape
The PSR has called for views on its supervisory strategy, marking a step in bolstering integrity and resilience of the payment system landscape.
The cost of data breaches has gone up during Covid-19
While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.
Access management firm Lumos launches from stealth
Lumos is a new compliance and identity management solution that has launched from stealth along with a $30m funding round.
Cross-border collaboration key in taking on international scams
Sun Xueling has recently proposed the establishment of Anti-Scam Commands in different countries to tackle scams.
Are financial institutions overlooking nature-related risks?
Despite the vital role of nature in financial decision-making, a report found the majority of institutions are not giving it due consideration.
MAP FinTech expands partnership with DTCC
RegTech provider MAP FinTech is expanding its strategic collaboration with the Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry.
Certemy lands $9.7m in Series B
California-based compliance platform provider Certemy has scored $9.7m in a Series B financing raise.
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