Tag: compliance
BPC executives analyse the regulatory and fraud landscape in 2025
Payment industry leaders are constantly seeking to gain a foothold in a constantly developing and shifting ecosystem and if they are one step ahead...
Citigroup COO stripped of sole data compliance duties over $136m fine
Anand Selva, Chief Operating Officer of US multinational bank Citigroup, has been relieved of his responsibility over its data compliance duties after the bank...
Sumsub and Finastra to support compliance through anti-fraud solutions
Sumsub is partnering with Finastra to support financial institutions worldwide with compliance processes.Both parties will collaborate on mutual projects, offering Sumsub's full compliance suite...
Klarna fined £574k over breaking EU GDPR rules
Buy Now, Pay Later (BNPL) powerhouse Klarna has been hit with a £574,000 (SEK 7.5m) fine over breaking the EU’s General Data Protection Regulation...
IDnow on board to make crypto wallets become regulatory compliant
Identity verification platform IDnow has joined several partners to help make Crypto Asset Service Providers (CASPs) and self-hosted wallets compliant with European regulations. IDnow, alongside...
Reserve Bank of India lays down the law in non-compliance action...
The Reserve Bank of India (RBI) is toughening its stance on its non-compliance rules for financial institutions following sanctions placed upon Paytm. In a statement...
Coinbase aiming for highly-regarded EU licence for wider expansion
In a bid to expand its existing European presence, Coinbase is seeking a Markets in Financial Instruments Directive (MiFID) licence. The cryptocurrency exchange announced it...
Spanish government enforces stricter gambling compliance laws
Spain’s Directorate General for the Regulation of Gambling (DGOJ) has imposed stricter compliance measures when it comes to safeguarding gamblers in the country.The DGOJ...
Morgan Stanley hit with £5.4M energy trading fine
Investment bank Morgan Stanley has been handed a £5.41m fine by the UK energy regulator Ofgem over breaching energy trading rules over WhatsApp messenger. Ofgem...
Visa subject of DOJ antitrust probe over tokenised tech
The US Department of Justice (DOJ) is looking into Visa and its tokenization technology after a lengthy investigation believes the card giant is not...
