Tag: Banking

Politically Exposed Persons (PEPs) have been a longstanding concern in the world of banking and finance, with their identification being a crucial element of anti-money laundering (AML) regulatory requirements for over two decades. Recent events, such as Russia's invasion of Ukraine, have propelled PEPs into the spotlight, as even prominent figures in British politics found themselves denied access to their bank accounts due to their PEP status, as Moody's Analytics discussed in their recent white paper.

DataVisor, renowned as the globe's top AI-driven fraud and risk platform, has stepped into the spotlight once again. In a bid to dramatically boost the...

Nationwide Building Society has surged ahead of other banking brands to have the most extensive branch network on the high street.

Flagright and Seis, both renowned players in the FinTech sector, have announced a groundbreaking partnership.

The Basel Committee has put forth a stern call for substantial enhancements in banking supervision, emphasising the necessity of vigilant oversight of banks with unsustainable business models, which it referred to as "outlier" banks.

Monzo, the UK-based digital challenger bank, has made a significant move in its quest to establish a stronger foothold in the US market.

HSBC has become the first UK bank to offer newcomers to the country the option to include international credit history when applying for a credit card.

Cleafy, a technology firm that specialises in proactive fraud prevention for digital banking, has raised €10m in a recent funding round.

Perfios, described as "India's leading B2B SaaS FinTech company", has made headlines with its latest funding announcement. The Bangalore-headquartered firm revealed its Series D funding round today, successfully raising $229m, all thanks to Kedaara Capital, a prominent private equity investor.

Scotiabank has revealed a wave of new senior leadership appointments, following the announcement that four-decade company veteran, Barb Mason, is set to retire at the end of 2023.