Tagged: compliance

July 9, 2025 @ 5:32 am By Omar Faridi  |  

Steeleye has explained that in the financial services sector, compliance with regulatory requirements is paramount to maintaining trust, transparency, and operational integrity. Among these requirements, voice recording regulations have become increasingly critical as regulators emphasize the need for robust recordkeeping to prevent misconduct and ensure… Read More

July 8, 2025 @ 12:55 am By Omar Faridi  |  

Sumsub announced the release of its commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may achieve by using Sumsub’s Anti-Money Laundering (AML) Transaction Monitoring. While a report like this is self-promoting,… Read More

June 26, 2025 @ 9:45 am By Omar Faridi  |  

Global financial institutions have increased their spend on compliance ahead of an anticipated rise in regulatory fines, according to the Compliance Health Check Report from SteelEye – the firm behind the pioneering integrated communications and trade surveillance solution. The survey of 300 senior compliance decision… Read More

June 24, 2025 @ 8:37 am By Omar Faridi  |  

The Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) Joint Unit for Insurance, Banking, and Retail Investment published its 2024 Annual Report, shedding light on the evolving landscape of financial regulation in France. Simultaneously, the AMF released research… Read More

June 16, 2025 @ 8:05 am By Omar Faridi  |  

As the digital asset landscape evolves, so too does the global regulatory framework governing it. Starting January 1, 2026, the OECD’s Crypto-Asset Reporting Framework (CARF) and the EU’s DAC8 directive will usher in a new era of tax transparency for digital asset platforms. These regulations,… Read More

June 14, 2025 @ 4:16 pm By Omar Faridi  |  

In an era where data is both a valuable asset and a regulatory minefield, two recent developments highlight the evolving challenges and opportunities for businesses managing digital communications and archives. SteelEye, a firm specializing in compliance technology, has shed light on critical updates regarding link-sharing… Read More

June 8, 2025 @ 5:11 pm By Omar Faridi  |  

Sumsub  announces its Travel Rule SDK solution is now available for crypto, Fintech, and iGaming businesses. It is designed to be easily incorporated directly into client apps, “enabling companies to automate compliance checks and verify sender/recipient information in real time to ensure Travel Rule compliance.”… Read More

June 2, 2025 @ 10:24 am By Omar Faridi  |  

Fenergo has launched its FinCrime Operating System (OS), which is described as an evolution of its existing solutions to become the single unifying platform across the Client Lifecycle. It leverages trusted Agentic AI to empower financial institutions “to overcome spiraling operational costs and rising compliance… Read More

May 27, 2025 @ 11:24 am By Omar Faridi  |  

Debitum Investments is moving forward on its mission to deliver cutting-edge financial services. Through a partnership with Scale Tech, Debitum has introduced a series of transformative updates that enhance performance, streamline compliance, and elevate user experience. These advancements underscore Debitum’s commitment to innovation and operational… Read More

May 21, 2025 @ 4:37 pm By Omar Faridi  |  

Issuer processing Fintech Enfuce unveils the Fortitude Pledge, a compliance and security standard, that aims to “eliminate 100% of financial crime risks across all Enfuce-processed card transactions.” Because aiming to stop “100% of human trafficking, money laundering, and terrorist financing is not optional—it’s essential.” Anything… Read More

May 15, 2025 @ 2:09 pm By Omar Faridi  |  

Flagright has partnered with Integrated Finance, a fintech infrastructure platform, to simplify how teams integrate compliance and  banking workflows. By mapping Integrated Finance’s APIs with Flagright’s API, they’ve made it easier for “mutual customers to connect infrastructure and compliance workflows.” Fintech companies often spend weeks… Read More

May 13, 2025 @ 11:34 pm By Omar Faridi  |  

The financial sector in the US is undergoing a transformative shift, as regulatory challenges that once stifled innovation in digital assets are being addressed with progressive policies and guidelines. According to Chainalysis, a new era is beginning for banks, one where they can explore cryptocurrency… Read More

May 9, 2025 @ 8:50 am By Omar Faridi  |  

Blockchain analytics firm Chainalysis has announced a significant milestone in its strategic partnership with Tether, one of the world’s largest stablecoin issuers. Chainalysis’ compliance and monitoring tools have reportedly been integrated into Hadron by Tether, which is a platform designed to tokenize real-world assets (RWAs)…. Read More

May 5, 2025 @ 7:43 am By Omar Faridi  |  

Chainalysis has unveiled Sentinel, an ecosystem monitoring solution designed to enable crypto token issuers with tools to manage compliance risks and support / participate in safer, more transparent markets. As stablecoins and tokenized assets become more widely adopted, Sentinel arrives at an important juncture, addressing… Read More

May 2, 2025 @ 11:07 am By Omar Faridi  |  

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced that BNY (NYSE: BK), a financial services company, has completed the implementation of Behavox Quantum. Tom Wileman, Head of Global Compliance Assurance at BNY said:… Read More

April 24, 2025 @ 8:11 am By Omar Faridi  |  

Elliptic, the global enabler of digital asset decisioning, is pleased to announce the integration of Sei into its comprehensive suite of screening and investigation compliance solutions. The integration connects blockchains into a unified financial network that is continuously monitored in real time, “making Sei’s blockchain… Read More

April 24, 2025 @ 4:10 am By Omar Faridi  |  

Real-time bank account verification from LSEG Risk Intelligence, a service provider focused on compliance, risk and fraud prevention solutions, is now available directly within Docusign’s eSignature product. The offering, accessible through Docusign’s Third-Party App Marketplace, will provide “benefits to US customers of Docusign and LSEG… Read More

April 7, 2025 @ 6:26 pm By Omar Faridi  |  

Nearly three-quarters of financial technology startups fail within their first three years due to preventable regulatory compliance issues, according to a new industry report. The research study, released by Los Angeles-based Hare Strategy Group, analyzed five years of data from over 400 fintech ventures and… Read More

April 7, 2025 @ 10:18 am By Omar Faridi  |  

Elliptic, the global enabler of digital assets decisioning, is pleased to announce the integration with the layer 1 blockchain MANTRA into its suite of screening and investigation compliance solutions. The integration connects blockchains into a unified financial network that is monitored in real time, enabling… Read More

April 1, 2025 @ 7:35 am By Omar Faridi  |  

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance requirements while unlocking revenue opportunities. This collab reportedly enables Backbase customers to “integrate open banking… Read More