compliance
BankingRising Security Risks in the Banking Sector and How to Reduce Your Exposure
BusinessRapid API-led Digital Innovation in Financial Services Requires Urgent Focus on API Security to Maintain Customer Trust
TechnologyThe Modern Cco: Responding to New Demands and Technology Challenges
Business270 Million Reasons to Re-Evaluate Your Compliance Risks in a Hybrid-World
The Ssi Market Could Be Worth Over $550 Billion Annually
Date: March 29, 2022
By Fraser Edwards CEO, cheqd Over the past few years, key thinkers have begun to identify the extent to which Self-Sovereign Identity (SSI) will precipitate a paradigm shift, revolutionising how individuals and companies exchange data across industries as diverse as finance, gaming and travel.[1] One indeed only need look to the pandemic, where SSI proved...
Credit Suisse Faces $500 Million Plus Bill After ex-Georgian PM Wins Court Case
Date: March 29, 2022
By Brenna Hughes Neghaiwi ZURICH (Reuters) -A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in excess of $500 million” from Credit Suisse’s local life insurance arm in a costly setback for the bank. The court said that Ivanishvili and his family were due the...
Why Banks Must Join Forces in the AML Fight
Date: March 24, 2022
API-based transaction data sharing is a giant step forward on the road to stamping out money laundering in our financial systems, says Joost van Houten, CEO of Sentinels The advent of artificial intelligence (AI) and machine learning (ML) in financial services is pushing the eternal battle against money laundering into a new phase. For some...
What’s up With Employees Using WhatsApp?
Date: March 24, 2022
Author: Leigh Moody, Chief Commercial Officer, Insightful Technology The eyewatering $125 million fine imposed by SEC upon JPMorgan Chase at the end of last year, left many organisations pausing for thought about how their employees are using messaging platforms such as WhatsApp to conduct business. Further fuel was added to the fire at the start...
Gleif Welcomes Rubix Data Sciences as First Validation Agent in India
Date: March 24, 2022
As LEI mandates increase across India, the region’s first Validation Agent will facilitate LEI issuance and create an ecosystem which supports SME growth 22 March 2022 – Basel – The Global Legal Entity Identifier Foundation (GLEIF) is pleased to announce that Rubix Data Sciences (Rubix) has become the first Indian-based Validation Agent within the Global...
Swiss Freeze More Than $6 Billion Worth of Sanctioned Russian Assets
Date: March 24, 2022
By Brenna Hughes Neghaiwi and Michael Shields ZURICH (Reuters) -Switzerland has frozen around 5.75 billion Swiss francs ($6.17 billion) worth of Russian assets covered by sanctions, and that amount is likely to rise, a government official said on Thursday. “Today, for the first time, I can give you an indication of the amount of frozen...