As the financial market hits a very turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared?
EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.
ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.
BNP Paribas has agreed to acquire Kantox, which offers automated currency risk management, for an undisclosed amount.
DBS, an Asian bank, has linked with decentralised gaming virtual world The Sandbox to launch a metaverse experience showcasing ESG initiatives and ideas.
Integrated risk management platform RiskSmart has launched in the UK following the close of a £1m investment.
CaixaBank has launched its Climate Risk Unit as part of its Sustainability Directorate, which has seen it bolster its commitment to sustainability.
With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.
Red Oak Compliance, which automates the licensing and registration process, has helped a client reduce the potential for human error in processes.
The Financial Conduct Authority (FCA) has found that some challenger banks need to improve how they assess financial crime risk.