Tag: regulatory compliance

Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

Kindcard, which offers of an innovative 'Closed-Loop' payment solutions through its subsidiary Deb, has recently entered a letter of intent to potentially acquire OpenTransact (also known as Acepay, Inc.). 

OneID, the UK's leading digital identity service, has reached a new milestone in the field of Identity Verification for Know Your Customer (KYC) and Anti-Money Laundering (AML).

As the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy gain momentum, companies are prioritising their ESG reporting strategy. Central to this strategy is...

Compliance automation is a game-changer in how chief compliance officers (CCOs) present crucial regulatory compliance information to board members. This technological advancement not only makes compliance processes more efficient but also equips board members with vital knowledge for informed decision-making.

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential's hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.

In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.

Ransomware threats continue to loom large despite forecasts of reduction, with private equity portfolio companies (portcos) finding themselves prime targets post-acquisition. Cyber risk specialists KYND delves into the issues to understand the elevated risks facing portcos and discover essential steps to fortify their cyber resilience.

2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...