Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today published its second annual Identity Fraud Report, which identifies fraud trends and statistics based on millions of identity checks across 21 industries and over 500,000 fraud cases between 2021-2022.

Medius, a leading provider of AP Automation and wider spend management solutions, today announces the full integration of OnPay Solutions into the Medius platform, providing an end-to-end payments offering for customers in North America.

Cybercriminals stole almost £1.7 billion of crypto funds through cryptocurrency exploits in the first half of 2022 alone, according to data based on the numbers provided by Slowmist Hacked, which collects information about disclosed attacks against blockchain projects.

Tuum, the next-generation core banking platform, has today announced the appointment of Giorgio Daher as UK Sales Director. The appointment is part of the company’s wider strategy to support strong demand for Tuum’s technology in the UK , including the opening of a new office in London.

RiskLogix Solutions, an award-winning solution provider for governance, risk and compliance (GRC) software today announces that 7IM, a  leading asset management company with over £19 billion of assets under management, has selected the RiskLogix GRC software solution, aCCelerate GRC +,  for its integrated risk management program.

Millennial investors opted for US and Health stocks in Q3 as they brace their finances for a winter recession, according to new data from smart money app Plum. 

The three months to September 2022 saw a notable increase in the allocation of funds to American Dream, which tracks US firms from the S&P 500. American Dream took 15.49% of investment in September 2022, up from 11.94% in July.

A new survey from cybersecurity company Nixu reveals significant security concerns among Northern European organizations. 39% of respondents assess themselves as having poor or deficient cybersecurity maturity. The survey also reveals that supply chain security is increasing its importance as a key issue, the focus on risk management is surprisingly low, and deep expertise is the service providers’ most valued quality. Additionally, cybersecurity budgets are often not optimally spent.

Vantage (or “Vantage Markets”), the multi-asset broker, has launched social trading on the

T-Scape, a leading digital technology services company, announced today that Western Asset, one of the world’s leading active fixed-income investment managers, has renewed its agreement with the company, specifically for its corporate action application, iActs, with the signing of a new multi-year contract. 

Centralis Group today announced the further expansion of its Governance, Risk and Compliance service line and Cayman Islands business operations with the appointment of offshore anti-money laundering (AML) specialist Gary McLean. Gary will lead a new independent anti-money laundering risk management team that will focus on the provision of specialised AML services to alternative investment funds domiciled in all major jurisdictions.