Risk Management

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.

Regnology has been on quite a journey. Previously known as BearingPoint RegTech and founded in 1994 it subsequently rebranded under the name Regnology in 2021 following its merger with Vizor Software. As the world slowly emerges from the chaos of the last few years, the newly named company is ready for new opportunities in a world where RegTech is in increasingly high demand.

Effectiv, a developer of no-code risk management service, has scored $4m in its seed funding round.

The US Securities and Exchange Commission has put forward rule changes to require registrants to include certain climate-related disclosures in their statements and reports.

Shufti Pro, identity verification solution provider, has raised $20m in Series A funding led by Updata Partners.

In a new webinar series, Alessa explores the various elements of customer risk. In its latest one, it examines how firms can assess products and services, activity patterns and behaviours to uncover illicit activity.

As the fighting between Russia and Ukraine forces continue, national governments globally are increasingly imposing severe sanctions on Russia and its financial sector.