SolomonEdwards Acquired Dominion Advisory Group
November 28, 20245 min
Strategic integration will unlock new revenue potential and expanded market footprint for industry-leading consulting and solutions engineering firm
David Freniere Joins BOD at Praxis Solutions
November 27, 20244 min
Industry Veteran to Bolster Praxis Solutions with Exceptional Legal and Compliance Expertise
TF Bank Chooses NICE Actimize AML SaaS to Elevate Financial Crime Program
November 26, 20244 min
Nordics-based digital bank is leveraging a comprehensive suite of AI-driven AML solutions to provide greater customer protections
Doo Group Strengthens Global Reach with CySEC License for Doo Financial
November 18, 20244 min
Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally. Expanding Regulatory Reach The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to...
Azimuth extends relationship with Truist to enhance automation
November 13, 20243 min
Azimuth, a pioneer in compliance automation, announced today that it is growing its strategic partnership with Truist Financial Corp (NYSE: TFC). With this multi-year expansion of their current partnership, Truist will implement Azimuth’s VALIDATOR software, enabling the bank to deploy automated, full-population compliance monitoring across multiple consumer businesses. This multi-year agreement broadens the partnership that began in December 2021 with an investment from Truist Ventures and integration with several of Truist’s individual business lines and products. “Truist is...
eflow Global alerts European firms about rising eComms regulatory fines
November 6, 20246 min
Regulatory fines for deficiencies in electronic communication surveillance surge by 602% to $666 million in Q3 2024, as the FCA launches a probe into UK firms’ monitoring of encrypted communications. To help combat this, eflow introduces upgrades to its TZTS and TZEC regulatory technology, offering seamless integration of eComms and trade data to enable holistic market abuse surveillance. eflow Global, a leader in regulatory compliance technology, has today warned European financial firms to brace for...
Jumio Pushes Boundaries of Online Security with Jumio Liveness
November 5, 20246 min
Cutting-edge biometric technology helps leading organizations fight advanced fraud while also offering user-friendly experience to customers
WorkFusion Appoints David Caruso as VP of Financial Crime Compliance
November 5, 20245 min
Caruso's 25 years building anti-money laundering and sanctions compliance programs align seamlessly with WorkFusion; Company's AI Agents help financial institutions mitigate financial crime risks
DWT Expands Bank Regulatory Capabilities Adding Max Bonici in D.C.
October 31, 20244 min
Adding further depth to its leading financial services practice, Davis Wright Tremaine LLP has added seasoned bank regulatory lawyer Max Bonici as a partner in its Washington, D.C., office. Bonici brings to the firm significant experience advising financial institutions inside and outside the U.S. on regulatory, supervisory, and enforcement matters. His work on bank regulatory matters often involves advising clients on statutes including the Bank Holding Company Act, the International Banking Act, the National Bank Act, and the Dodd-Frank...
Elwood and Boerse Stuttgart Digital to Enhance Digital Asset Trading
October 28, 20243 min
Elwood, a leading fintech that provides comprehensive digital asset trading and investing solutions to institutions, announced that Boerse Stuttgart Digital will be using Elwood’s technology to enhance its digital asset offering. Boerse Stuttgart Digital is Europe’s leading infrastructure partner for digital and crypto solutions. Boerse Stuttgart Group has built the largest crypto and digital asset business amongst European exchange groups with over 200 institutional clients, including leading banks, trading firms and asset managers. Through this partnership, institutional clients will gain access...