GAN Integrity, a provider of ethics and compliance management solutions, has rebranded and launched its new Integrity Platform.
Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.
Managed detection and response provider Lumifi Cyber has received an investment from Californian private equity firm HCAP Partners, which partnered with BOK Financial for the deal.
Revenue from crypto related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.
With the UK’s FCA having released its final guidance on Consumer Duty proposals, firms have been given new requirements they must meet.
With regulations continuously changing, there are always new challenges to overcome. To help firms stay on top, Diligent has outlined the five elements that make an effective compliance program.
Continuous compliance automation software platform RegScale has closed its Series A round on $20m.
It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.
Just 15% of financial firms monitor WhatsApp. despite rising fines for communication monitoring failings
Just 15% of financial firms are monitoring WhatsApp at all, despite rising levels of fines for communication monitoring failings, according to a report from SteelEye.
RegTech solution developer Novatus Advisory has collected £4m in an investment from UK-based venture firm Maven Capital Partners.