AML

The Financial Conduct Authority (FCA) has issued a £147m fine to Credit Suisse due to severe due diligence deficiencies linked to dealings with the Republic of Mozambique.

European lender 4finance Group has deployed anti-money laundering (AML) and know your customer (KYC) compliance solutions across a host of countries.

The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.

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

Digital identity company Signicat has acquired Dutch digital identity specialist Connectis to create a stronger platform.

Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.

Napier, the London-based global financial crime compliance RegTech, is excited to unveil two new service offerings for its award-winning Anti Money Laundering (AML) platform, Napier Continuum.

As an industry that is constantly bringing in new customers and transactions, the casino sector is a key target for criminals and money launderers, claims Alessa.

Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information (PII).

The UK may have been the European RegTech leader for years, but the question is if this could change because of Brexit.