Source: OCC
The Office of the Comptroller of the Currency (OCC) today issued a Cease and Desist Order against MUFG Union Bank, N.A.
Source: Cube
Financial reg tech pioneers CUBE has announced a new partnership with Sionic, the global consulting firm.
Source: Backbase
Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure.
Source: Clausematch
Global RegTech firm Clausematch officially announced today the launch of the Partnerships and Certification programme. The main goal of the programme is to create an end-to-end holistic solution and an ecosystem for a complete compliance process, as well as educate the market we're working with to get wider adoption of digital transformation.
Source: Regis-TR
REGIS-TR has partnered with Reg-X, a provider of reporting and compliance solutions in the regulatory space.
Source: EBA
The European Banking Authority (EBA) launched today a public consultation on new Guidelines on the role, tasks and responsibilities of anti-money laundering and countering the financing of terrorism (AML/CFT) compliance officers.
Cryptocurrency compliance and risk management platform TRM Labs has closed a $14 Million Series A funding round.
Source: Egress
Research by Egress has revealed that an overwhelming 90% of security leaders are concerned about group legal settlements following a serious data breach, compared to 85% who are worried about regulatory fines. Launched to commemorate three years of GDPR, the research also found that almost half (47%) of consumers would likely join a class-action lawsuit against an organisation that had leaked their data, proving security leaders’ fears to be accurate.