VendorInfo unveils bank account verification service to tackle payment fraud

VendorInfo, a segment of the Financial Operations Networks (FON), is renowned for offering specialised self-service vendor portals. These portals provide precise and timely tools, ensuring security, controls, compliance, efficiency, and scalability.

Regulatory penalties for global financial institutions see sharp decline in H1 2023

Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).

EU’s Digital Identity Wallet: A leap forward in secure personal data control

The European Parliament and the Council of the EU have arrived at a provisional political agreement on the key elements of the proposal for...

Navigating the 2023 banking regulations: proactive compliance is key

Regulatory change in the banking industry appears to be on the horizon for 2023. Regional banks are already grappling with an intricate web of state, federal, and international compliance obligations.
5 biggest technology innovations in RegTech

5 biggest technology innovations in RegTech

With the regulatory environment constantly changing, firms are looking towards technology to help. With so many different solutions available, Aveni has outlined the five biggest technology innovations companies should be looking at.

France hits Microsoft with €60m fine

The National Commission for Technology and Freedoms, France’s privacy watchdog, has slapped Microsoft with a €60m fine.

CloudWave acquires Sensato for healthcare data security

CloudWave, a provider of healthcare data security has acquired Sensato Cybersecurity, a managed cybersecurity services company.

BNPL chiefs could face two years in jail for using loophole, FCA warns

The Financial Conduct Authority (FCA) has said buy now, pay later heads could face up to two years in jail if they fail to tow the line on financial promotion rules.
Fraud complaints drop after pandemic, but are slowly rising

Fraud complaints drop after pandemic, but are slowly rising

Complaints to the Financial Ombudsman Service (FOS) soared during the Covid-19 pandemic, reaching levels 44% higher in 2020 compared to 2019.

How to prepare for UK SOX

In a recent webinar by RegTech firm Diligent, the company outlined how companies can prepare for UK SOX, which is legislation similar to the US Sarbanes-Oxley Act.

Download the FREE RegTech100 report


Download the RegTech100 report for 2022 with details on each solution

Essential training, knowledge and forward-thinking in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

50,000+ RegTech leaders get exclusive industry stories delivered every week