Tag: Compliance

Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.

As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.

Ascent, an AI-powered regulatory intelligence solution, has partnered with Halo Ai to transform how risk and compliance teams work through automation.

Hawk AI, a software developer for issuers, banks, FinTechs and payment firms, has joined the Visa Fintech Partner Connect program.

Financial planning and analysis platform DataRails has scored $50m in its Series B funding round.

Offsetted, a climate tech software business, has launched an ESG compliance solution aimed at helping the financial industry reduce their environmental impact.

Fraud complaints to the Financial Ombudsman Service (FOS) soared during the Covid-19 pandemic, 44% higher in 2020 compared to 2019.

The UK’s Financial Conduct Authority (FCA) is seeking comments on the potential competition benefits and harms from Big Techs entering retail financial services sectors.

Combating fraud continues to be a major challenge in the UK. Last year, over £1.3bn was stolen by fraudsters in the UK in 2021, according to Feedzai. However, technology is still making a change.

Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.