Signicat and Strise Announce Strategic Partnership to Unify Customer Verification and AML Automation Into a Single Solution
- 3 days 4 hours ago
- AML and KYC
Signicat, Europe’s leading provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AML automation specialist Strise. Together, they are launching an integrated solution for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. This collaboration aims to simplify regulatory processes, enabling businesses to meet complex compliance requirements with efficiency and ease, from onboarding... more
Regula Recognized as a Representative Vendor in the Gartner Market Guide for KYC Platforms for Banking
- 4 days 1 hour ago
- AML and KYC
Gartner® Market Guide for KYC (Know Your Customer) Platforms for Banking acknowledges Regula for Regula Document Reader SDK and Regula Face SDK.
Iwoca SME Expert Index: Cutting Taxes Is Key to SME Growth, Say Finance Brokers
- 1 week 2 days ago
- Tax Authorities
More than a third (38%) of finance brokers say lower taxes are needed to boost SME growth this year, according to iwoca’s latest SME Expert Index. This is double the next choice of reforming business rates (19%). Economic worries
eToro Achieves SOC 2 Type II Compliance Certification
- 1 week 3 days ago
- Compliance
Trading and investing platform eToro, announced it has achieved SOC 2 Type II compliance certification, demonstrating a strong commitment to operational excellence throughout its cryptoasset custody operations.
PhotonPay Enhances Global Payment Solutions With Robust Compliance and Risk Solutions
- 1 week 5 days ago
- Compliance
Fintech compliance is an increasingly important aspect of the financial industry. As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. PhotonPay, a leading digital financial infrastructure provider, drives innovation through global licenses, strategic partnerships with top financial institutions, and local teams delivering secure and scalable payment solutions worldwide.
CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices
- 4 weeks 1 day ago
- Compliance
The Consumer Financial Protection Bureau (CFPB) today ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions, including advertising inaccurate fees and failing to properly disclose exchange rates and other costs. Wise allows customers to send, receive, and store remittances through a mobile app and prepaid accounts and debit cards. The CFPB found the company misled customers in the United... more
REPAY and Worth Partner for KYB and Underwriting Tools to Speed Merchant Onboarding and Vendor Enrollment
- 1 month 7 hours ago
- AML and KYC
REPAY , a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation.
Finastra’s User Connect Series Emphasizes the Need for Productivity and Growth, Offers Strategies for Compliance
- 1 month 1 week ago
- Compliance
Finastra, a global provider of financial software applications, hosted leaders from community banks and credit unions across the United States to discuss trends and innovation in consumer, commercial and mortgage lending. The User Connect series, open to current Finastra lending customers, took place in Chicago, Illinois; Scottsdale, Arizona; and Orlando, Florida.
Nearly Three-Quarters of Businesses Feel Overburdened in the Fight Against Financial Crime
- 1 month 1 week ago
- Compliance
New data released by SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, found that almost three-quarters (72%) of regulated companies feel overwhelmed by ongoing anti-financial crime compliance demands.
Eastnets Satisfies Requirements For The EU Digital Operational Resilience Act (DORA)
- 1 month 1 week ago
- Compliance
Eastnets, a global leader in compliance and payments solutions, announces that it satisfies the requirements of the EU’s Digital Operational Resilience Act (DORA), ensuring readiness ahead of its enforcement on January 17, 2025.
Profile Software Introduces AI-Driven Solution For DORA Compliance
- 1 month 1 week ago
- Compliance
Profile, a leading global financial solutions provider, announces the development and release of a cutting-edge solution within its AI.Adaptive platform. This new offering is designed to assist banks and financial organisations in ensuring compliance with the DORA, the European Digital Operational Resilience Act framework.
Singapore’s Financial Sector Must Brace For Heightened Regulatory Scrutiny And Enforcement Action In 2025
- 1 month 2 weeks ago
- Compliance
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced today the findings of its annual report on global financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from US$6.57 billion in 2023 to US$4.6 billion—a reduction of 30%. The APAC region as a whole saw the total penalty value drop by 98%, from US$1.41... more
Ryan Completes Acquisition of Altus Group’s Property Tax Services Business
- 1 month 3 weeks ago
- Tax Authorities
Ryan, a leading global tax services and software provider, is pleased to announce the successful completion of its CAD $700 million acquisition of the property tax services business of Altus Group Limited.
Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports
- 2 months 1 week ago
- Compliance
The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 million civil penalty to settle the SEC’s charges.
ZBD Becomes First To Receive EU MiCAR License Approval
- 2 months 1 week ago
- Compliance
ZBD, the innovative payments company at the forefront of digital economies, today announced it has become the first company to receive approval for the new European Union (EU) crypto-asset service provider license under MiCAR (Markets in Crypto-Assets Regulation). This landmark achievement represents a major milestone both in crypto-asset regulation in the EU and in ZBD's journey to build a digital-native payments platform on top of the Bitcoin... more
