Has the pandemic changed financial crime?
In a world that is continuing to become more connected and less restricted by place, there are growing challenges surrounding the increasingly fluid nature of financial crime. Prior to 2020, financial crime in the digital world was already growing. However, with the onset of the pandemic, this practice was set to skyrocket.
Israel-based RegTech startup Apono closes its seed round
Israel-based Apono, which helps enhance permission management, has reportedly raised $5m in its seed round.
Hawk:AI and Weavr to deliver risk management for embedded finance
Hawk AI, Germany-based software provider of anti-money laundering surveillance technology for banks, payment firms and FinTechs, has partnered with Weavr to deliver contextual risk management for embedded finance.
The link between environmental crime and money laundering
A recent post by RegTech firm Acuminor has examined the connection between environmental crime and financial crime and why it matters.
SEC proposes rule changes on climate-related disclosures for investors
The US Securities and Exchange Commission has put forward rule changes to require registrants to include certain climate-related disclosures in their statements and reports.
MAS links with CDP to bolster access to quality ESG data
The Monetary Authority of Singapore (MAS) has signed a memorandum of understanding with non-profit CDP to promote sustainability disclosures access to quality ESG data.
Shufti Pro secures Series A for identity verification
Shufti Pro, identity verification solution provider, has raised $20m in Series A funding led by Updata Partners.
Bank of England urges crypto firms to ensure sanctions enforcement
The Bank of England has called on crypto companies to make sure sanctions are enforced in light on the continuing conflict between Russia and Ukraine.
Hawk AI, IXOPAY link to bolster payment and AML surveillance coaction
German RegTech Hawk AI has partnered with IXOPAY, a payment orchestration platform, to provide the former clients with a better fraud prevention offering.
ECB calls on banks to improve climate risk disclosures
A recent assessment by the European Central Bank (ECB) on the progress European banks are making in disclosure climate risks has revealed a lot more is yet to be done on this front.