FCA Launches New Portal Making Reporting Easier
- 8 months 4 weeks ago
- RegTech
My FCA will make it easier to fulfil regulatory responsibilities while improving user experience. Previously, firms needed to sign in to 3 different systems.
FCA’s Landmark £9.2 Million Fine On LME Underscores Need For Stronger Senior Oversight
- 9 months 5 days ago
- RegTech
Following a landmark decision by the Financial Conduct Authority (FCA) to fine the London Metal Exchange (LME) £9.2 million for serious operational failings, compliance expert Vivek Dodd, CEO of compliance training provider Skillcast, has urged regulated markets across the UK to treat this as a wake-up call - not to become complacent about the critical importance of robust training and operational preparedness.
Currenxie Secures Electronic Money Institution Authorisation From the Central Bank of Ireland
- 9 months 3 weeks ago
- RegTech
Cross-border payments company, Currenxie, today announced it has been granted authorisation as an Electronic Money Institution (EMI) by the Central Bank of Ireland. This marks a significant step in Currenxie's growth strategy as it enters the European market, with Dublin set to serve as the group's regional headquarters.
Socure Launches AI Copilot to Advance Global Watchlist Screening and Monitoring Solution
- 9 months 3 weeks ago
- RegTech
Socure, the leading provid
Mastercard Launches Anti-Money Laundering Service “TRACE” to Combat Financial Crime in Asia Pacific
- 10 months 2 weeks ago
- RegTech
Mastercard today officially announced the launch of TRACE (Trace Financial Crime) in Asia Pacific, a sophisticated network-level solution that harnesses artificial intelligence to identify and prevent money laundering and financial crime. Powered by timely and large-scale payments data from multiple financial institutions, TRACE provides holistic intelligence beyond an individual financial institution’s siloed view, enabling tracing of financial... more
Fenergo and PwC Combine Financial Crime & Technology Expertise to Accelerate Value to Financial Institutions
- 10 months 2 weeks ago
- RegTech
Fenergo, the leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), today announces that it has joined forces with PwC to accelerate the delivery of Fenergo’s AI-powered CLM and KYC solutions to financial institutions across multiple territories.
cleversoft Completes Acquisition of Fineksus
- 10 months 2 weeks ago
- RegTech
The cleversoft group has completed its acquisition of Fineksus, the leading provider of financial messaging and anti-money laundering (AML) solutions in Türkiye and the Middle East, after receiving all necessary regulatory approvals. The combination of both companies brings together cleversoft’s regulatory technology portfolio with Fineksus’ expertise in real-time transaction monitoring and fraud prevention.
Corlytics Joins FCA’s AI Spotlight Initiative to Drive Responsible Innovation
- 10 months 4 weeks ago
- RegTech
Corlytics is thrilled to be part of the FCA’s AI Spotlight initiative, which brings together leading AI professionals in financial services to showcase cutting-edge solutions, tackle key challenges and drive practical, responsible innovation in the industry. As a pioneer in regulatory risk intelligence, Corlytics is committed to harnessing AI to streamline compliance and risk management.
CUBE Completes Acquisition of Thomson Reuters Regulatory Intelligence and ODEN Businesses
- 11 months 3 weeks ago
- RegTech
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.
Increased Regulation and Embedded Finance Predicted as the Top Fintech Trends for 2025 by Mambu and Partners
- 1 year 6 days ago
- RegTech
The report identifies the top trends for 2025 including the increased adoption of AI, embedded finance, and real-time payments. The report also highlights other influential areas poised to reshape the financial landscape including emerging regulations, blockchain, and alternative lending.
Kasta Obtains Lithuanian VASP Registration, Strengthening Regulatory Foundation
- 1 year 1 week ago
- RegTech
Kasta, aiming to build the most user-friendly crypto & cash payments platform with Ka.app, has secured a Virtual Asset Service Provider (VASP) registration from Bank of Lithuania (Lietuvos Bankas) in Lithuania, marking its third European regulatory approval.
Increased Regulation and Embedded Finance Predicted as the Top Fintech Trends for 2025 by Mambu and Partners
- 1 year 2 weeks ago
- RegTech
Leading Software as a Service (SaaS) cloud banking platform Mambu, has launched its annual Partner Predictions Report for 2025.
37% Of Payments Leaders Cite Regulatory Clarity As Top Challenge In MiCA Crypto-Asset Compliance
- 1 year 2 weeks ago
- RegTech
Clear Junction, a global leader in cross-border payments for regulated financial institutions, has revealed a significant gap in the preparedness of payment industry leaders to navigate the complexities of the Markets in Crypto-Assets Regulation (MiCA) regulation, which is now in effect across the EU.
CMA Issues Letter to Monzo About Breaching Parts 3, 7, 8, and 12 of the Retail Banking Order
- 1 year 3 weeks ago
- RegTech
Part 3 of the Order requires surveys to be carried out of Personal Current Account (PCA) and Business Current Account customers about the quality of service received from their provider. On 2 occasions Monzo published incorrect / out of date survey results.
FCA Fines Barclays £40 Million
- 1 year 1 month ago
- RegTech
The FCA has fined Barclays £40 million in total for its failure to disclose certain arrangements with Qatari entities in 2008. This follows Barclays' decision to withdraw its referral of the FCA's planned action to the Upper Tribunal. The action was based on findings which included that Barclays' conduct in its October 2008 capital raising was reckless and lacked integrity - the FCA's earlier press release is linked in the notes below. The... more
