Tag: Financial Services

Auquan, an AI trailblazer in the financial sector, has recently revealed that it successfully closed a seed funding round amounting to $3.5m.

Kore, a RegTech SaaS platform that enables large financial firms to accelerate regulatory compliance, has secured a significant financial boost.

Money Service Businesses (MSBs) have emerged as a crucial part of the financial ecosystem, bridging a gap that once only traditional banks would fill.

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

1Kosmos, an innovator in unifying identity proofing and passwordless authentication, today announces the launch of its distributed identity cloud service, BlockID, on NayaOne, a principal FinTech ecosystem platform serving financial service providers.

BBVA, a leading Spanish banking group, has recently unveiled its new global financial crime prevention unit.

Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained...

ACA has launched a new offering that enables investment firms to outsource their performance measurement and reporting functions.

Levine Leichtman Capital Partners (LLCP), an international private equity firm, has made a significant investment in cleversoft Group, a top-tier provider of regulatory software for the financial services sector.

OneMain, a firm specializing in loans for people with "nonprime" credit histories, has been fined by the New York DFS due to cyber lapses.