Reporting

Despite banks investing countless resources to counter cybercriminals, social engineering attacks and phishing schemes are still rampant. However, with OneSpan's Cronto transaction signing solution, banks can not only mitigate fraud risks but also boost user experience.

Compliance Solutions Strategies (CSS) has expanded its collaboration with legal firm aosphere to integrate the latter’s market data services with CSS’ investment monitoring platform.

Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.

The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.

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?

UK-based Quantexa has raised $153m in a funding round led by Warburg Pincus along with a slew of undisclosed blue-chip investors as it seeks to accelerate regional expansion and develop new products in areas including banking and insurance.

With the ever-changing regulatory framework and the proliferation of threats, every business – irrespective of the sector it is in - needs effective and updated policies and procedures. To ensure policy management, it is key to embed the culture of compliance within the organisation.

The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BofE) has launched a paper aiming to boost diversity and inclusion in finance.

A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.