RegTech

Identifying the legitimacy of businesses and merchants is not just a routine procedure – it's an essential protective measure for banks and financial institutions. But how can you verify if a business is legitimate? Fenergo delves into the concept of KYB.

Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.

EBA Clearing has recruited a raft of European banks to undertake data model training for a new fraud fighting feature for account-to-account and instant payments.

Salesforce has announced a series of new features for its Net Zero Cloud sustainability management solution, aimed to help streamline the ESG reporting process.

CertifID has revealed that it has raised $20m across its Series B funding round, as it looks to protect the real estate industry from fraud.

With the future regarding UK corporate governance and audit reform seemingly as murky as ever, businesses are being forced to prepare compliance measures, for potential legislature reform that they don't know will be indefinitely implemented. Diligent tries to unpick the jargon, and shed some light onto parliamentary proceedings. 

Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.

Comprehensive management of new and emerging risks is vital for any company aiming to ensure compliance and maintain a strong financial position. For insurance companies, however, it becomes doubly crucial as risk is the very basis of their value, and product, this is why solutions such as loss control could become the next big opportunity for insurers.

FinTech company, Hadrius, dedicated to innovating in the realm of SEC compliance, has recently announced their successful acquisition of a significant seed investment.

Payhawk has partnered with Lune to launch a new platform, designed to help companies make more sustainable decisions related to company spending.