Source: Beyond Encryption

Mailock, Beyond Encryption’s (BE) market leading email security system, has been selected by HSBC Security Services as part of a digital solution provided by Paragon Customer Communications to assist HSBC in building enhanced digital relationships with their customers.

Source: Fintech Saudi

Over the last 12 months, the fintech industry in Saudi Arabia has continued to grow at a rapid pace as stated in the recent Fintech Saudi Annual Report 2020/2021. The number of Saudi fintech companies operating in the Kingdom rose dramatically by 37% with an investment amount exceeding SAR 1.3bn (USD 347m).

Source: Wolters Kluwer Compliance Solutions

Wolters Kluwer Compliance Solutions and NYDIG, a leading provider of Bitcoin platform solutions, have reached an agreement where Wolters Kluwer will serve as an exclusive preferred vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance obligations while exploring and implementing services for bitcoin programs.

Barclays has rolled out automated policy management and compliance technology from regtech Clausematch to 90,000 employees around the world.

Credit Suisse has been hit with a £147 million penalty by the Financial Conduct Authority, as part of a $475 million global resolution agreement, for serious financial crime due diligence failings related to loans worth over $1.3 billion, which the bank arranged for the Republic of Mozambique.

Source: FCA

Due to the coronavirus (Covid-19) pandemic, firms are already familiar with working in a remote environment and adapting their systems and controls.

Source: CapGemini

Payments are entering a new experience-driven era (Payments 4.X[1]), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments Report 2021 published today by Capgemini.