Tag: Compliance
The road from manual KYC to corporate digital identity
The evolution from manual KYC practices to Corporate Digital Identity (CDI) represents a significant shift within the banking sector.
Sopra Banking Software partners with Finom to boost compliance in French...
Sopra Banking Software (SBS), a leader in providing integrated banking software, announces a strategic partnership with Finom, a cutting-edge financial services provider dedicated to SMEs and entrepreneurs.
Enhance voice compliance in FinTech with Theta Lake and Webex Calling
In today's fast-paced digital landscape, financial services organisations face the dual challenge of maintaining regulatory compliance while ensuring efficient communication. The integration of Theta...
Enhancing cybersecurity in finance: The critical role of application security testing
In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience and accessibility, has also significantly increased the vulnerability of financial institutions to cyber threats. It is now more crucial than ever to implement stringent cybersecurity measures.
FCA calls for stricter yet fairer treatment of politically exposed persons
The Financial Conduct Authority (FCA) has recently mandated that financial institutions, including banks, payment firms, and lenders, enhance their protocols to ensure fair treatment of politically exposed persons (PEPs).
BlackRock allocates $150bn for decarbonisation funds
BlackRock Inc., the largest asset manager globally, has revised its decarbonisation investment guidelines, designating $150bn for funds that evaluate energy transition risks and opportunities.
Although...
eflow Global launches enhanced eComms Surveillance tool
With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.
Apple avoids massive EU fines by opening NFC technology to third-party...
Apple has avoided substantial fines from the European Commission by agreeing to open its NFC chip technology, which allows iPhone users to make contactless payments,...
Rising regulatory challenges propel the necessity for robust entity verification
In today's intricate business environment, understanding the entities with which companies conduct business is becoming increasingly vital.
Key pitfalls firms should avoid when implementing CSRD
The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies.
