Banks worldwide faced a total of $4.5 billion in fines in 2024, with TD Bank accounting for two-thirds of the total after pleading guilty to violating U.S. anti-money laundering (AML) laws.
Source: ADGM
ADGM, the leading International Financial Centre (IFC) of the UAE’s capital, has signed a Memorandum of Understanding (MoU) with Chainlink, the standard for onchain finance, marking a major step in advancing compliant tokenisation frameworks.
A recent report by LayerX Labs has uncovered a sophisticated phishing campaign that initially targeted Windows users but has now shifted its focus to macOS users.
Two critical security vulnerabilities in Cisco Smart Licensing Utility are being actively targeted by threat actors, according to the SANS Internet Storm Center.
JPMorgan Chase is leading the charge in quantum computing among global banks, significantly outpacing competitors in hiring, research, and investment, according to a report by benchmarking platform Evident.
Source: Vistra
Vistra, a leading provider of essential business services that help organisations to invest, grow and operate efficiently and compliantly across the world, today launched Geni, the world's first global AI compliance advisor.
MUFG Bank and NTT DATA have successfully tested a cutting-edge solution to minimize IT outages by migrating live banking systems between data centers with less than one second of downtime.
The U.S. Senate has voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that would have extended regulatory oversight to major tech companies offering digital payment apps and wallets, including Apple, Google, and X.