MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
SmartStream expands global reach with cloud-native AI service launch
Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.
Cyber risk greater threat than a financial crash, Federal Reserve chair warns
The chairman of the US Federal Reserve Jerome Powell has claimed he is more worried about cyber risk than the possibility of another financial crash.
DoControl introduces SaaS security platform following funding injection
New York-headquartered network security firm DoControl has commercially launched its fully automated SaaS security platform on the back of receiving $10m in Series A funding.
Thirdfort bags £1.5m to accelerate LegalTech platform development
RegTech startup Thirdfort has snared £1.5m in fundraising as it seeks to ramp up product development.
SafeGuard Cyber pulls in $45m to scale risk protection platform
Virginia-based cybersecurity firm SafeGuard Cyber has secured $45m in equity and debt financing to help expand its reach in the digital risk protection market.
Robust trade surveillance program reinforces market integrity in digital asset markets
Digital asset venues are finding a robust trade surveillance program reinforces market integrity and attracts investors used to operating in more transparent environments, according to regulatory expert Joseph Schifano.
Aclaimant secures $15m Series B to support innovation, team expansion
Chicago-based Aclaimant has closed a $15m Series B equity and debt funding round led by Next Coast Ventures (NCV).
Abrigo capitalises on 30% revenue growth with fresh strategic investment
Abrigo, a provider of compliance, risk and lending services, has received a strategic investment from funds managed by Carlyle.