Tagged: compliance

July 24, 2023 @ 11:46 pm By Omar Faridi  |  

Yokoy, a provider of an AI-powered spend management suite, is setting new standards in invoice management with its strategic partnership with Pagero, a platform provider for globally compliant e-invoicing. Yokoy seamlessly integrates with Pagero’s cloud-based e-invoicing solution “to provide a 100% digitized and fully automated… Read More

July 24, 2023 @ 7:50 am By Omar Faridi  |  

Elliptic – which claims to be the global leader in cryptoasset risk management – is proud to announce that it has been selected by Current Consulting Group as the trusted blockchain analytics provider to fulfil its crypto compliance requirements. Current Consulting Group is “an independent… Read More

July 23, 2023 @ 4:41 pm By Omar Faridi  |  

VikingCloud, a global provider of cybersecurity and compliance solutions has announced a new client partnership for its Web Risk Monitoring solution with PAYSTRAX, a European payment processor and principal member of Visa and Mastercard. Global merchant fraud is “estimated to drive losses of $41 billion… Read More

July 21, 2023 @ 12:46 pm By Omar Faridi  |  

Exactera, which claims to be the leader in technology-driven tax compliance solutions,  announced its new brand identity and named Walter Scott as the company’s new CEO. Exactera also announced it had “raised $33M in additional funding from investment firms Insight Partners and Savant Growth.” Exactera… Read More

July 21, 2023 @ 9:24 am By Omar Faridi  |  

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced that it has successfully gained ISO27001 certification; a testament to its commitment to meeting strict security and compliance standards. This certification is backed by the International Standards Organization (ISO), “providing assurance for all Archax… Read More

July 7, 2023 @ 9:04 am By Omar Faridi  |  

The Canadian Securities Administrators (CSA) recently published guidance to help fund managers understand and comply with securities law requirements for public investment funds holding crypto assets (public crypto asset funds). The guidance aims to provide “an overview of public crypto asset funds operating in Canada… Read More

July 5, 2023 @ 5:35 pm By Omar Faridi  |  

On 4 July 2023, the Danish Financial Supervisory Authority made a decision that Saxo Bank A/S’ trading in crypto assets for its own account is found “to lie outside the legal business area of ​​financial institutions, including section 24 of the Financial Business Act.” On… Read More

July 5, 2023 @ 12:02 pm By Omar Faridi  |  

Binance Australia offices were recently searched by regulatory authorities as a key part of a derivatives probe. ASIC has reportedly visited the offices of Binance in Australia on Tuesday (July 4, 2023). The digital asset exchange claims that it remains focused on complying with applicable… Read More

July 3, 2023 @ 11:45 am By Omar Faridi  |  

Unit21, the risk and compliance infrastructure company, is pleased to share its $45 million Series C funding led by Tiger Global and South Park Commons in 2022. The funding has “supported the growth of the Fintech Fraud DAO consortium, which is experiencing a surge in… Read More

June 30, 2023 @ 7:58 am By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced its strategic partnership with Sardine, an all-in-one fraud detection, compliance, and risk management platform. This collaboration will empower companies and financial institutions within Treasury Prime’s multi-bank network “to leverage Sardine’s Sponsor Bank Operating System, offering turnkey fraud… Read More

June 26, 2023 @ 6:09 pm By Omar Faridi  |  

GSR – the global crypto market maker and liquidity provider – has selected direct custody technology platform Fireblocks and Elliptic – a blockchain analytics provider – to streamline and further amplify its compliance practices in digital asset trading and market making. Through Elliptic’s rich API… Read More

June 26, 2023 @ 7:38 am By Omar Faridi  |  

The FSMA has noted that Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are “not members of the European Economic Area.” The FSMA has therefore ordered Binance “to cease,… Read More

June 26, 2023 @ 7:12 am By Omar Faridi  |  

Cleareye.ai, Inc., which claims to be the provider of a “category-leading” digital trade finance solution ClearTrade, for digital automation of trade compliance and operations, today announced it has secured a strategic investment from J.P. Morgan. The ClearTrade Platform, “built to revolutionize trade finance, is a… Read More

June 21, 2023 @ 9:53 am By Omar Faridi  |  

We recently caught up with Valerii Brizhatiuk, Chief Product Officer, Co-Founder at Swisstronik, a layer-1 solution designed to build scalable decentralized applications that ensure users’ data protection and privacy, while remaining in compliance with local regulations. According to the project team, Swisstronik is unique because… Read More

June 19, 2023 @ 11:22 pm By Omar Faridi  |  

Elliptic – the global firm focused on crypto-asset risk management – has released a landmark report to equip compliance and law enforcement teams with the necessary tools to combat the next frontier of crypto crime. Elliptic’s flagship Typologies Report – which remains “the only comprehensive… Read More

June 12, 2023 @ 10:47 pm By Omar Faridi  |  

Onfido, the automated identity verification provider, announced it has achieved ETSI TS 119 461 certification, the latest European technical standards for identity proofing and trust services by the European Telecommunications Standards Institute (ETSI). This allows Onfido to “act as an Identity Proofing Service Provider (IPSP)… Read More

June 9, 2023 @ 2:17 pm By Omar Faridi  |  

Clausematch is pleased to announce it has signed an agreement with Compliance Consultant, experts in FCA compliance and authorisation. The partnership is “aimed at strengthening current compliance strategies and best practices with advanced policy management and compliance automation solutions.” Compliance Consultant “provides regulatory compliance guidance… Read More

June 7, 2023 @ 7:13 am By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, released the results of its latest market research survey, Compliance and Controls: The State of the Industry, in conjunction with the University of Georgia Consumer Analytics program. With only 26% of participants… Read More

June 6, 2023 @ 8:52 pm By Omar Faridi  |  

RIBBIT, Inc., the “authority” on alternative bank and payment data, today announces its acquisition of ValidiFI, a provider of fraud, compliance, and risk mitigation solutions. The acquisition will aim to “create the industry’s leading banking and payment data solutions platform, improving the company’s product offering… Read More

June 5, 2023 @ 1:15 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment and compliance solutions, released the Jumio 2023 Online Identity Study, the second installment of its annual global consumer research, conducted by Censuswide. This year’s results highlight “an understanding among consumers around how generative AI and… Read More