data protection

FCA issues coronavirus cryptocurrency scam warning
announcement Cryptocurrency cyber security data protection digital approach digital currency finance financial crime fraud global markets Risk Managament

FCA issues coronavirus cryptocurrency scam warning

The UK’s Financial Conduct Authority (FCA) has warned investors to avoid coronavirus-related cryptocurrency schemes that may seem too good to be true. Crypto scams are on the rise to exploit investors In a warning published on its website, the regulator says criminals and scammers are trying to take advantage of […]

Glasgow-based AutoRek Partners with Nationwide to Offer Data Management and Cloud-powered Financial Controls
announcement banking platform business development data analysis data analytics data protection data strategy digital approach digital bank Digital transformation financial research Regulatory System

Glasgow-based AutoRek Partners with Nationwide to Offer Data Management and Cloud-powered Financial Controls

Glasgow-headquartered AutoRek, a firm that provides financial controls and regulatory reporting software, has teamed up with Nationwide to offer a data management solution and cloud-powered financial controls for a three-year period, with a two-year extension plan. Gordon McHarg, managing director at AutoRek, stated: “I am really pleased to welcome an […]

SIX Group Selects Know Your Customer’s Solutions for Supplier Due Diligence
announcement application banking platform business development data protection data strategy financial services innovative solutions Regulation Reporting

SIX Group Selects Know Your Customer’s Solutions for Supplier Due Diligence

IX Group has selected Ireland and Hong Kong-based RegTech provider Know Your Customer to strengthen its procurement process and better assess the risk associated with its international suppliers. By utilising Know Your Customer’s due diligence platform, SIX Group is looking to increase the accuracy of its risk calculations on suppliers that […]

The buy-side is saving compliance and control professionals from the cold
business development Capital market Compliance compliance training data analytics data protection data strategy finance Innovation new applications regulated investment Regulation Risk Managament

The buy-side is saving compliance and control professionals from the cold

If you work in compliance or regulation in an investment bank, you probably have very good reason to fear the rise of technology. As so-called ‘Reg-tech’ has taken hold, compliance spending is banks’ new target for cost-cutting. It’s fortunate, then, that compliance jobs are still very plentiful on the buy-side. “The buy-side has […]

SentinelOne hits unicorn status after funding round
announcement cyber security data analysis data protection data strategy digital approach

SentinelOne hits unicorn status after funding round

SentinelOne, an autonomous endpoint protection company, has secured $200m in its Series E, pushing its valuation to $1.1bn. Venture capital and private equity firm Insight Partners led the round. Other investments to the round came from Tiger Global Management, Qualcomm Ventures LLC, Vista Public Strategies of Vista Equity Partners, Third […]

ZignSec launches new anti-money laundering product as the RegTech company views global markets
banking platform business development Capital market Compliance data analytics data protection data strategy global markets Money-Laundering new applications

ZignSec launches new anti-money laundering product as the RegTech company views global markets

The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still dealing with the fallout of a massive banking scandal. The identity verification venture, which went public in 2019, made the announcement at an event hosted by Sthlm Fintech Week on Monday, […]

Mode deploys selfie biometrics and ID document checking from Onfido for top compliance and user experience
announcement data analysis data protection data strategy Digital ID Digital transformation global markets Identity Fraud

Mode deploys selfie biometrics and ID document checking from Onfido for top compliance and user experience

Onfido has been selected by Mode, a fintech app that allows users to trade bitcoin, to provide automated identity verification with document analysis and facial biometrics to ensure full compliance with KYC requirements and seamless user experience for European citizens using the service, the company announced. Mode is leveraging Onfido’s […]

Why 67% of companies fear they can’t sustain privacy compliance
data analytics data protection data strategy digital approach Digital ID Emerging Technology finance global markets Identity Verification Innovation innovative solutions

Why 67% of companies fear they can’t sustain privacy compliance

True privacy depends on where and how data travels. Data privacy management and protocol got a facelift with the enactments of the General Data Protection Regulation and the California Consumer Privacy Act. Many companies failed to meet compliance standards in time for GDPR. And for companies that met the deadline, 67% fear […]

Starling Bank raises £60 million
announcement banking platform business business development Compliance data protection data strategy digital bank Emerging Technology finance financial research

Starling Bank raises £60 million

Starling Bank, “the leading UK digital bank,” has raised £60 million from its existing investors, Merian Global Investors and JTC. The investment will bring the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019. Starling has opened […]

Revolut rolls out Open Banking tool
announcement banking platform business development Capital market data protection digital approach digital bank Digital transformation Emerging Technology financial services

Revolut rolls out Open Banking tool

Revolut has launched an Open Banking feature, giving UK customers the ability to see their bank accounts from other providers from within the challenger’s app. Revolut teamed up with financial API specialist TrueLayer to enable all of its retail and business customers to see balances and transactions from other high […]