Global conduct risk and compliance technology provider MCO (MyComplianceOffice), announced today the launch of its new Governance and Oversight suite, Know Your Risk (KYR). KYR is a modular solution that enables firms to set regulatory priorities, identify policy and procedure gaps, and deliver proof of adherence with metrics and documentation.

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a new solution to enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance.

Gatehouse Bank has today launched a mobile app, available on iOS and Android, to support customers in managing their personal savings accounts.

The app allows users to view their account balance, recent transactions, and personal information held for the account. Users can also view and delete pending, unprocessed transactions and withdraw or transfer funds between Gatehouse Bank savings accounts (if their account(s) allow this).

FNZ, the leading global wealth management platform, has led a Series-A investment in Bondsmith, the fintech providing innovative cash management and savings solutions for the wealth industry.

The world generates an estimated 2.5 quintillion bytes of data every day. Amidst this mind-boggling amount of chatter, a very real threat is lurking: cybercrime, which has increased by 600 per cent since the start of the pandemic, the United Nations reports.

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management announce that ION MarketFactory has been named ‘Best connectivity, hosting and co-location service’ at FX Markets e-FX Awards 2022.

Ophelos, the technology firm and pending B-corp using AI to radically rethink the debt resolution process in the UK, has raised its Seed round, totalling £5 million (GBP). 

Verizon recently released its 2022 Data Breach Investigations Report, giving businesses vital insights into the state of cybersecurity around the world. It contains an analysis of over 23,000 incidents and 5,200 confirmed breaches, analysed over the past.

Consumers are becoming less inclined to carry cash, for both personal safety reasons and simple convenience. The move towards a cashless society accelerated during the pandemic when more people swapped cumbersome cash for a quick card tap.