Tag: financial regulation

Chancellor Rachel Reeves has unveiled the UK Treasury’s new “Scale-Up Unit”, a government initiative designed to strengthen the country’s position as a global FinTech...

The American Fintech Council has urged the CFPB to uphold fee prohibitions and preserve consumer access to financial data. The appeal comes as the...

The IRSG, a leading cross-sectoral body representing UK-based financial and professional services, has launched its new Global Regulatory Coherence Dashboard. The initiative is designed...

Zeidler Group has introduced new AI and automation features to its ongoing fund governance service, aiming to make regulatory compliance faster and more reliable...

Bank of England governor Andrew Bailey has said that regulators should embrace AI to help them identify risks in the financial services sector before...

When navigating financial checks, customers often encounter terms like source of funds (SOF) and open banking. While they may sound technical, both play a...

Compliance teams across the financial sector are grappling with overwhelming volumes of communications. From emails to messaging apps, the daily flood of interactions now...

Fraud prevention in banking is being reshaped as cybercriminals exploit AI tools to launch sophisticated scams. SymphonyAI, a provider of AI SaaS solutions, noted that...

The Australian Securities and Investments Commission (ASIC) has released a landmark report revealing that it has removed more than 9,240 pages of regulation this...

The risk-based approach (RBA) has become a central pillar of financial crime compliance worldwide, replacing outdated one-size-fits-all models with flexible frameworks that adapt to...