UK Regtech company Aveni.ai has promised to help financial services firms meet new Consumer Duty regulation with the development of its game-changing Aveni Detect product.
US RegTech software firm Compliance.ai has raised $6 million in funding and appointed a new CEO to replace co-founder Kayvan Alikhani. The new funding comes from existing investor Cota Capital and new investment partner Jam Fintop.
Financial services firms are falling short in their efforts to monitor employees' use of social media messaging despite ear-marking communications surveillance as an investment priority, according to recent research.
The European Banking Authority (EBA) today published its Guidelines specifying the role and responsibilities of the anti-money laundering and countering the financing of terrorism (AML/CFT) compliance officer and of the management body of credit or financial institutions.