Risk Management

The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.

The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

A report by the FBI’s Internet Crime Complaint Center (IC3) has found cybercrime complaints hiked by 100% over a 14-month period.

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

Backed by the UK Govt, Intelligent AI raised close to £1m following its graduation from the Lloyd’s Lab to develop its online Intelligent Risk platform, aimed at commercial property insurers in the UK and US.

Getting to grips with the threat of financial crime looms large in the minds of banks, especially as more of the world goes online. Not being able to manage modern financial crime could be terminal for them, but data could be the key to the solution.

Ireland’s healthcare service has temporarily been forced to shut down its computer systems as a precaution following a significant ransomware attack.

While KYC and onboarding verification have traditionally been a manual process, embracing automation and modern technology is the way ahead.

Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.