Cable, the leader in Automated Compliance Testing, is partnering with OMB Bank, a $1.8 billion community bank, to implement its Risk Assessment and Automated Compliance Testing solutions. This ...

Singapore and Hong Kong—two of Asia’s most prominent private banking hubs—are at the forefront of implementing technology-enhanced compliance measures. Their regulators have adopted a risk-based ...

As artificial intelligence continues to revolutionize industries, businesses are facing increasing pressure to integrate AI solutions into ...

With the Federal Reserve eyeing changes to its annual examination of large bank resilience, this year's test could be the ...

AI policies and priorities have recently become a highly contested regulatory topic in the US, with President Donald Trump’s ...

Businesses face growing risks from fraud, money laundering, and regulatory non-compliance. As organizations expand their ...

The CDO was quick to emphasize the bank’s obligation to safeguard its customers’ data and use it responsibly as part of the ...

Afasa also imposes responsibilities on regulated entities to employ adequate risk and fraud management systems to ensure that their clients’ financial accounts are protected. Latest available ...

As technology continues to reshape financial services, regulators and policy setters are embarking on a range of digital-finance initiatives to manage risks and set appropriate standards.

According to the FBI, losses from investment scams surged 38% between 2022 and 2023. Fraudsters are using highly effective tactics, including sending text messages to lure victims to fake ...

The Scams Prevention Framework Bill 2024 (the Bill ... 4) As Stephen Jones (Minister for Financial Services) has noted, there is currently ‘no clear obligation’ on banks, telecommunications companies ...

Both state-owned and private financial firms have since proactively lowered salaries and bonuses and discouraged the show of wealth such as by asking staff to avoid wearing expensive clothes and ...