AML

Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.

RegTech Electronic IDentification has proposed a solution that would use biometrics to help people set up bank accounts at ATMs.

The global market for solutions preventing money laundering is set to skyrocket to be worth $1.99bn by 2025.

Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.

More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.

The European Council has removed the Cayman Islands from its list of non-cooperative jurisdictions for tax purposes. However, not everyone is happy about the decision.

Following the release of the FinCEN Files in September, RegTech Sigma Reporting shows how old risk ratings on financial crime are often static and out of date.

Banks struggle to detect money laundering and Covid-19 is making the situation worse, according to new research from BAE System.

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

The Financial Conduct Authority has secured an order against money laundering fugitive Richard Baldwin that would force him to either pay £1.6m or face another eight years in prison.