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Identity verification platform Onfido has pulled in $50m in it’s funding round led by Softbank Investment and Salesforce Ventures. Other participants to the round included... Read More

New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes.  The FMA has published its... Read More

The UK’s Financial Conduct Authority (FCA) and US Securities and Exchange Commission (SEC) have signed two memoranda of understandings (MoU) to reaffirm cooperation following Brexit.... Read More

The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it... Read More

Regulatory reporting platform Cappitech has released its insights tool for peer review regulatory analysis. The company’s goal is to help financial institutions improve their data... Read More

Konsentus has formed a strategic partnership with Token.io to provide European financial institutions with an accelerated solution for PSD2 compliance. The deadline for financial institutions... Read More

Bolton Labs has acquired fellow cybersecurity company Phylasso Security, increasing its reach to the Southeast Asian market. Philippines-based Phylasso Security is an end-to-end cybersecurity solution... Read More

The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a... Read More

Compliance automation platform Ascent RegTech has launched seven new regulators into its platform. The new regulators are: US-based FFIEC (Federal Financial Institutions Examination Council), FRB (Federal Reserve... Read More

 Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes. By... Read More