RegTech

Facebook has added a new perk to its bug bounty program that will pay bonus rewards to researchers based on the time it takes the social network to fix a vulnerability after it's found and reported by bug hunters.

European RegTech leader MAP FinTech has underlined how RegTech companies can remain compliant with best execution obligations going forward.

When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?

Technology has the potential to combat money laundering and terrorist financing (AML/CFT) therefore making compliance faster, cheaper and more efficient, according to a new blog post by Sigma Ratings.

Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.

The Monetary Authority of Singapore (MAS) has launched a new competition designed to accelerate the development of AI and data analytics (AIDA) solutions.

The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.

Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.

Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.

Argentina-based anti-fraud company Vu Security has reportedly collected $12m in its Series B funding round.