Almost half (48%) of regulated firms in the UK reported seeing a rise in financial crime attempts in the past 12 months, with a further 26% confirming they have been victims themselves - according to new research by leading RegTech firm SmartSearch.
Avast Global Risk Report shows businesses in the United Kingdom have a monthly risk ratio of 11% of getting attacked by any type of PC malware
Symphony Acquires StreetLinx To Offer The Most Complete And Secure Verified Identity Directory In Financial Services
Symphony - the leading markets' infrastructure and technology platform - will now offer the most complete and secure verified directory in the financial services industry as it has acquired the counterparty mapping platform StreetLinx. This acquisition adds over 200 institutional counterparties to the more than 1000 institutions already served by Symphony.
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Elron, a leading Israeli early-stage tech investment company, announced a new managerial appointment. Mr. Elik Etzion has been appointed to lead the Enterprise Software and Cyber Investments at Elron. Etzion will be responsible for identifying and accompanying companies specializing in Cybersecurity and Enterprise Software spaces. He will take over the role as of July 2021.
Data presented by the
Jumio’s Automation Surpasses 1 Million Verifications Per Day as Company Celebrates 118% Increase in Revenue
Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced it is now processing more than one million daily identity verifications, the vast majority of which are completely automated. By consistently setting new records, Jumio has already cleared over 100 million different transactions so far in 2021 alone, with YTD revenue growing more than 118% year-over-year.
An Amazon selling support associate was recently arrested by the FBI after issuing more than $90,000 in fraudulent refunds to himself and people he knew. The former Amazon employee used different buyer accounts to purchase electronics and took advantage of his position to issue refunds without returning the products. This is an example of insider fraud.
Compliance Professionals Call on The Regulators to Give More Guidance on Aml Effectiveness, New Research From Lexisnexis® Risk Solutions Reveals
An overwhelming majority of compliance professionals say the lack of guidance and support from regulators is contributing to a significant delay in implementing the latest anti-money laundering (AML) regulations, according to new research released today by LexisNexis® Risk Solutions, the global data and analytics provider.
ComplyAdvantage Announces ComplyLaunch™ A New Risk & Compliance Program Helping Early-Stage Startups To Transact With Trust
ComplyAdvantage, a global data technology company transforming financial crime detection, today announced a new early-stage anti-money laundering (AML) program aimed at growth-focused startups called ComplyLaunch™.
MYPINPAD Set to Transform Mobile Devices Into Payment Terminals Following Australian Payments Network Certification
MYPINPAD, a global leader in secure personal authentication solutions has received certification from the Australian Payments Network (AusPayNet), the self-regulatory body for Australian payments. Australian payment regulations stipulate that all new card-acceptance technology must undergo an evaluation to assess the security, integrity and network operability and be approved by AusPayNet prior to market deployment.
Acronis, a global leader in cyber protection, today introduced a new partner portal that delivers greater support and enhanced marketing and sales capabilities to the service providers, distributors, and resellers in the #CyberFit Partner Program.
ClauseMatch Graduates from TechNation LawTech Sandbox Pilot Advancing the Solution for Digital Regulation
ClauseMatch has become one of the five innovative tech pioneers to successfully complete LawTech Sandbox, the new programme by TechNation UK. ClauseMatch is an award-winning global compliance technology company (RegTech) that automates policy management and regulatory change management at financial institutions and other regulated organisations. The first cohort of LawTech launched back in November 2020.
Financial super app, Revolut, has announced it is building on its previous partnership with identity data intelligence experts, GBG, as the category leaders work together to tackle the rise of online fraud and promote the safe adoption of digital services through customer onboarding solutions, including Know Your Customer (KYC) and Anti Money Laundering (AML).