Compliance leaders plan for increased investments in technology in 2023
In response to economic uncertainties and the growing complexity of their workloads, compliance executives are facing increasing pressure to optimize their existing resources, according to insights from Gartner.
ComplyAdvantage joins AWS accelerator programme
Source: ComplyAdvantage
ComplyAdvantage, the leading financial crime intelligence company, has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS partners that provides software solutions that run on or integrate with AWS.
Finos Launches Innovative Project for Consistent Cloud Controls in Financial Services Sector
The Fintech Open Source Foundation (Finos) is in the process of establishing an open standard initiative aimed at defining uniform protocols for compliant public cloud deployments within the financial services domain.
ComplyAdvantage hires Jim Anning as chief data officer
Source: ComplyAdvantage
ComplyAdvantage, the leading fraud and financial crime detection firm, has named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services.
Aveni AI platform to support compliance with UK Consumer Duty rules
Source: Aveni
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.
Compliance.ai raises $6m; appoints new CEO
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.
45% of firms failing to detect criminal 'ghosts'
Source: Smartsearch
Almost half (45 per cent) of finance and banking firms are failing to carry out crucial “ghost-buster” checks on new business clients, newly released data shows.
Firms failing to monitor social messaging
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.
