Compliance Management

UAE’s digital leap: How regulatory sandboxes fuel AML compliance

UAE’s digital leap: How regulatory sandboxes fuel AML compliance

The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.
With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.

eflow Global launches enhanced eComms Surveillance tool

With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.
Navigating the complex world of customer due diligence regulations

Navigating the complex world of customer due diligence regulations

Customer Due Diligence (CDD) stands as a cornerstone in the ongoing battle against money laundering and terrorist financing. It compels regulated entities to collect and verify personal details—name, address, date of birth, and government-issued identification—from customers to authenticate their identities and assess potential financial crime risks.
Rising regulatory challenges propel the necessity for robust entity verification

Rising regulatory challenges propel the necessity for robust entity verification

In today's intricate business environment, understanding the entities with which companies conduct business is becoming increasingly vital.
Abaxx and Eventus partner to enhance trade surveillance in new commodity exchange

Abaxx and Eventus partner to enhance trade surveillance in new commodity exchange

Eventus, a leader in comprehensive, at-scale trade surveillance software, and Abaxx Technologies, a pioneer in financial software and market infrastructure, have announced their collaboration.
EU regulatory updates to strengthen liquidity management in investment funds

EU regulatory updates to strengthen liquidity management in investment funds

The European Securities and Markets Authority (ESMA), a pivotal regulator and supervisor within the EU, has launched a public consultation on draft guidelines and technical standards pertaining to the revised Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive.
EBA issues new guidelines to enforce travel rule

EBA issues new guidelines to enforce travel rule

The European Banking Authority (EBA) today announced the introduction of new Guidelines concerning the 'travel rule' for fund and crypto asset transfers.
HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech, through its DRYiCE solution, has launched its latest product, IntelliOps Event Management (HCL IEM), which promises to revolutionize IT operations with its AI-powered...
Norm Ai secures $27m Series A to revolutionise RegTech with AI

Norm Ai secures $27m Series A to revolutionise RegTech with AI

Norm Ai, an emerging leader in the RegTech arena, has successfully completed a significant Series A fundraising initiative, amassing $27m.
How the UAE's exit from the FATF grey list boosts international business

How the UAE’s exit from the FATF grey list boosts international business

The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.

News Stories

13books Capital secures £121m fund for FinTech start-ups

13books Capital secures £121m fund for FinTech start-ups

13books Capital, a venture capital firm established in 2019, has announced the closure of a new fund valued at £121m aimed at investing in the most promising founders in the FinTech sector.
Dopay secures $13.5m in Series A extension to expand digital payroll in emerging markets

Dopay secures $13.5m in Series A extension to expand digital payroll in emerging markets

Dopay, an innovative FinTech player, has recently completed a strategic $13.5m Series A extension round.
PEXX's new $4.5m investment boosts its stablecoin payment innovations

PEXX’s new $4.5m investment boosts its stablecoin payment innovations

PEXX, a FinTech startup specializing in stablecoin-to-fiat payment platform, announced today that it has closed a $4.5m seed funding round.
Xapien secures $10m to transform compliance with AI-driven research

Xapien secures $10m to transform compliance with AI-driven research

Xapien, a pioneering AI due diligence provider, announced today its successful $10m Series A funding round, led by YFM Equity Partners.
Boosting cybersecurity, CultureAI raises $10m from top investors

Boosting cybersecurity, CultureAI raises $10m from top investors

CultureAI, a leading Human Risk Management Platform, announced today that it has closed a $10m Series A funding round.

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