FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
RegTech news stories, resources and expert commentary on risk management, regulation and compliance technology.
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
The regtech platform helps institutions manage, structure, and source compliance and regulatory change.
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
There’s a genuine bottom-line benefit to be realised through effective risk orchestration of your compliance processes.
Barnard is to take “ultimate responsibility” for the UK regtech’s global finance and business operations.
We must ensure that banking technology follows a more planet-friendly path than plastic.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Crucial insights for fintechs seeking risk orchestration platform vendors to streamline their customer lifecycle and regulatory screening.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Core story: GOLD GETTERS – The Olympics and fintech make the perfect team.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition will boost the growth of Abrigo’s existing suite of technical accounting solutions.
Acworth’s appointment follows Encompass’ recent acquisitions of CoorpID and Blacksmith KYC.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
Baader Bank already uses Broadridge’s solutions for trading and market connectivity, and order management.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
Exploring the safe, fast and cost-effective regulatory compliance solution the industry has been looking for.
Explore expert strategies to secure banking apps and get a detailed checklist for bolstering security measures.
The start-up now plans to expand across Europe with a focus on the EU’s incoming NIS2 directive.
Cover story: CREATIVE THINKING – How a borefest could lead to the best ideas.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Learn how Italy’s major banking group Credem migrated all its clients to the ASEE Security Cloud.
Napier AI claims that since 2021, its top-line revenue has grown at more than 30% year on year.
Gupta succeeds Marina Khaustova in the role, who will now shift to the position of COO.
From first-party fraud to fraudulent templates available online, here are the most critical risks teams who fight fraud should be aware of.
Is your data strategy up to the challenge? Learn how artificial intelligence can help you reinvent marketing ops.
The new regulation was approved with 599 votes in favour, 7 against, and 35 abstentions.
The OCC says the fine relates to “systemic deficiencies” in the bank’s risk management and internal controls.
The banking group says the partnership will enhance its compliance efficiency.
Cover story: PLANT LIFE – Talking flora and quantum computing.
The EBA says it is accepting comments on the proposals via its consultation website until 18 April 2024.
Data transmission to the new CESOP database will start from 1 April.
Shearer previously served as group head of compliance product management at HSBC.
Encompass is to acquire 100% of both ING companies for an undisclosed sum.
Learn how KY3P from S&P Global Market Intelligence can help manage supplier risk and identify new sources of supply.
Moore forms the third addition to the PSR’s executive team this year.