Sumsub launches first full-cycle verification and anti-fraud solution for the gaming industry
Sumsub has launched integrated solution for user verification, anti-fraud and compliance in gaming.
Sovos acquires tax software competitor 1099 Pro to broaden SME offering
Global tax software provider Sovos has purchased tax software and services company 1099 Pro for an undisclosed fee.
How banks can strengthen their risk-based approach to financial crime
A recent case study by financial crime prevention firm Acuminor has detailed how banks can improve their stance of tackling the financial crime threats they face through its risk-focused technology.
HSBC UK introduces fraud awareness app to bolster business safety
HSBC UK has launched a fraud awareness app to provide companies with news on emerging scams in real-time as well as tips and advice.
How to verify if a business is legitimate? KYB explained
Identifying the legitimacy of businesses and merchants is not just a routine procedure – it's an essential protective measure for banks and financial institutions. But how can you verify if a business is legitimate? Fenergo delves into the concept of KYB.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
Sentinels selected by Dutch neobank Brand New Day
Sentinels, a transaction monitoring and client risk management platform, has been selected by Netherlands-based neobank Brand New Day to scale its anti-money laundering (AML) controls.
The regulatory evolution: GIPS Standards gain prominence in private markets
The private markets have witnessed a substantial increase in managed assets over the last decade, attracting the attention of U.S. regulators aiming to enhance transparency through expanded regulation. With these regulatory developments, it's time to re-evaluate the Global Investment Performance Standards (GIPS), which have evolved from being the gold standard for investment performance presentation to a tool that assists advisers in meeting new regulations.
Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
EMTECH secures $4m for its financial inclusion mission
EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.