Tag: Compliance

European data regulators deployed €2.92bn in GDPR fines last year, a year-on-year increase of 168%, according to a survey from DLA Piper.

The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.

Electronic IDentification, which offers KYC and AML software, has released a report exploring the role of CDD in banking.

Spanish FinTech platform Divilo has announced a collaboration with AI-powered transaction monitoring company ThetaRay to boost its fraud protection.

MSafe, which is developing the first multi-signature wallet solution on the Aptos / Move blockchain ecosystem, has received $5m in its seed round.

Hybrid work has split teams across multiple locations, but teamwork and collaboration are still the core of any organisation. The speed information can be shared across an organisation can make or break the company.

Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.

The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.

Wolters Kluwer Legal & Regulatory has acquired UK and France-based Della AI, a provider of AI technology that leverages natural language processing.

Regulatory changes and pressures have never been higher. At the same time, more complex asset types are hitting the markets. As a result, firms need efficient compliance monitoring and investment transparency tools. ION’s mission is to help firms overcome these challenges.