Compliance Management

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.

ORX, a global association of operational risk professionals, has launched the world’s first industry-wide Controls Library for operational risk.

Berlin-based GreenTrade has reportedly closed its pre-seed round, as it builds its blockchain-based marketplace for carbon credits and impact claims.

LexisNexis Risk Solutions will help Darlington Building Society onboard customers and bolster financial crime prevention and compliance screening.

In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.

Stockholm-based sustainability platform Worldfavor has raised €10.2m in its Series A round to aid its growth and expansion plans.

Equals Group, a payments services provider, has partnered with Featurespace to embed fraud prevention technology across its platforms.

OneBanx, a shared banking innovator, has chosen PassFort’s workflow solution to create a seamless onboarding experience for business customers.

The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.

Back in 2012, Clausematch was born. The RegTech firm – competing in an industry which was at the time very young and green – has seen a lot over the past decade. What are some of its finest moments and what does it plan to do in the future?