Category : Compliance management

GreenBox POS and Armanino Sign Partnership
Compliance management Featured Fintech News

GreenBox POS and Armanino Sign Partnership To Attest to All GreenBox Custodial Accounts in Real-Time.

Fintech Staff Writer
GreenBox POS becomes one of the industry’s first to ensure real-time custodial account attestations through agreement with Armanino. GreenBox has consistently challenged the stablecoin industry to fully fund custodial accounts and attest in real time — both are now possible through partnership with innovative accounting and consulting firm Armanino. GreenBox......
CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot
Compliance management Consumer protection laws Featured Insights

CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot

Fintech Staff Writer
Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining......
Guardforce AI gets $19 Million in Extended Contract with Government Savings Bank of Thailand
Compliance management

Guardforce AI Gets $19 Million in Extended Contract with Government Savings Bank of Thailand

Fintech News Desk
Guardforce Cash Solutions (Thailand) Company Limited, the secured logistic subsidiary of Guardforce AI has renewed the contract for ATM (automated teller machine) services for Government Savings Bank (GSB), Thailand. The contract is valid for 3years starting from 1st June 2022, and the value of this renewal is worth approximately $19.5Mn. ......
ACA Group and Foreside Complete Merger Combined Firm Will Be Known As ACA
Compliance management Finance News

ACA Group and Foreside Complete Merger; Combined Firm Will Be Known As ACA

Fintech News Desk
The merger brings together two of the industry’s most well-respected GRC solutions providers. ACA and Foreside together will be positioned to transform the future of GRC, creating a world-class platform for the financial services industry ACA Group and Foreside Financial Group, LLC, two of the leading providers of governance, risk,......
CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms
Compliance management Consumer protection laws Featured

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

Sudipto Ghosh
Companies relying on complex algorithms must provide specific and accurate explanations for denying applications The Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is......
Compliance.ai Continues to Expand Its World Class Expert-in-the-Loop Advisory Team with Subject Matter Experts from Across the Industry
Compliance management News

Compliance.ai Continues to Expand Its World Class Expert-in-the-Loop Advisory Team with Subject Matter Experts from Across the Industry

Fintech News Desk
The leading regulatory change management (RCM) platform welcomes a new wave of advisors to its team, bolstering its in-depth knowledge base of regulatory challenges, risks and trends Compliance.ai, the leading provider of regulatory change management (RCM) solutions for the banking, financial services and insurance (BFSI) industries, welcomes five members to......
Binance to Enhance KYC and Sanctions Screening Program with Kharon, Neterium Partnership
Analytics Compliance management News

Binance to Enhance KYC and Sanctions Screening Program with Kharon, Neterium Partnership

Fintech News Desk
Kharon, a data and analytics company providing organizations with intelligence at the intersection of global security and commerce, announced a partnership with Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, and Neterium, an API-native and cloud-native screening provider. Through this partnership, Binance will utilize Kharon’s industry-leading data and......
APT Systems Underscores Compliance as a Growth Strategy for Spera
Compliance management Fintech News

APT Systems Underscores Compliance as a Growth Strategy for Spera

Fintech News Desk
“From its inception, we’ve built Spera to comply with existing financial regulations, and anticipated future regulations,” says CEO APT Systems, Inc., a fintech company, is underscoring its “compliance as a growth strategy” as it prepares to bring its Spera (SPRA) stablecoin to the market. “From its inception, we’ve built Spera......
ComplySci Appoints New Chief Technology, Chief Product and Chief Legal Officers
Compliance management News

ComplySci Appoints New Chief Technology, Chief Product and Chief Legal Officers

Fintech News Desk
Company adds to executive leadership team as part of rapid growth and product offering expansion ComplySci, the leading provider of regulatory technology and compliance solutions for the financial services sector, is continuing to grow its experienced leadership team with three recent appointments. The company has named Helen Johnson as chief technology officer, Robert......
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