Compliance Management

Archax has selected Scila Surveillance and Scila AML to help it bolsters its market surveillance and anti-money laundering capabilities.

UR Islamic Bank will implement Capital Banking Solutions integrated compliance platform to help prevent money laundering and tax evasion in Iraq.

Nigeria-based OnePipe, which builds APIs to help banks partner with FinTechs and digital services, has reportedly raised $3.5m in seed funding.

A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.

fonoa has raised $25m in investment capital to help it expand its global tax solutions.

The Securities and Exchange Board of India (SEBI) has published an investor charter aimed at those who invest in securities markets.

RegTech company PassFort has partnered with financial market data firm Refinitiv to establish a digital know-your-customer (KYC) solution for challenger institutions.

The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.

A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.

The overwhelming majority of corporate audit and compliance workers in large firms find the access to information to be difficult, a report from Sinequa claims.