US House to reintroduce finance bill aimed at boosting data transparency
The US House of Representatives is planning to use its current session – running to November 2022 – to reintroduce the Financial Transparency Act (FTA).
Cybercriminal forum offers $100k prize for stealing cryptocurrency assets
A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.
More depth needed to protect against cyberattacks, US Attorney General claims
US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.
FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.
Cybavo looks to speed up global expansion with $4m pre-Series A raise
Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.
FCA warns UK banks and FinTechs on Afghanistan financial crime threat
Britain’s watchdog Financial Conduct Authority (FCA) warned banks to be vigilant about the risk of being used for criminal operations such as terrorist financing or money laundering in Afghanistan as the Taliban completes its takeover of the country.
CFTC slaps Citibank with $1m fine for violating swap dealer regulation
The Commodity Futures Trading Commission (CFTC) has imposed a $1m fine on Citibank and Citigroup Global Markets for failing to comply with certain swap dealer requirements.
US security firm Rhombus Systems inks $10m Series A
Smart security camera startup Rhombus Systems has secured $10m in capital from a Series A funding round.
Cyber firm Shield-IoT secures $7.4m from led Series A
Mass-scale IoT and IIoT network cybersecurity firm Shield-IoT has raised $7.4m from a Series A financing raise.
The five pillars of strong corporate KYC compliance
Founded in 2015, Know Your Customer provides digital onboarding solutions to financial institutions and regulated organisations globally. The company builds its KYC platform as an interconnected set of web apps, APIs, databases and pre-trained machine learning models – and is helping to change the game in digital corporate onboarding.
© FinTech Global © Copyright 2024. All rights reserved.
