Tag : compliance

Securrency Capital Secures Financial Services Permission from Abu Dhabi Global Market
Finance Fintech News

Securrency Capital Secures Financial Services Permission from Abu Dhabi Global Market

Fintech News Desk
by Fintech News Desk0
Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), announced that it has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in investments as a matched principal and provide custody for those investments. The license enables Securrency Capital to provide......
Binance.US Valued at $4.5 Billion in Seed Round
Digital Asset Management News

Binance.US Valued at $4.5 Billion in Seed Round

Fintech News Desk
by Fintech News Desk0
Raises Over $200 Million from Diverse Group of Investors Binance.US , a leading United States-based digital asset exchange and marketplace, announced it has raised over $200 million in its seed round at a pre-money valuation of $4.5 billion. The Company’s first external funding included participation from a diverse group of......
Sydecar Closes $8.3 Million To Modernize Venture Investing
Investment Services News

Sydecar Closes $8.3 Million To Modernize Venture Investing

Fintech News Desk
by Fintech News Desk0
The new onramp to venture capital brings process and certainty to venture capital investing, helping thousands of investors close over $350M in deals prior to public launch Sydecar announced that they have raised $8.3M in seed investment funding. The round was led by Deciens Capital, with participation from Pipeline Capital Partners, Anthemis Group, and Hustle Fund VC. Additional angel investors......
Boardwalktech Secures Key Contract With a Global Banking/Financial Services Company
Banking Finance News

Boardwalktech Secures Key Contract With a Global Banking/Financial Services Company

Fintech News Desk
by Fintech News Desk0
Enterprise-wide program to improve information management, compliance, and business processes Boardwalktech Software Corp, the leading Digital Ledger low-code application platform and enterprise software applications company, is pleased to announce it has signed a long-term contract with one of the world’s largest banking and financial services companies based in New York.......
360factors Announces Partnership with Infinite Blue to Deliver Best-in-Class Business Continuity Management Solutions to Financial Organizations
Banking Fintech News Risk Management

360factors Announces Partnership With Infinite Blue to Deliver Best-in-Class Business Continuity Management Solutions to Financial Organizations

Fintech News Desk
by Fintech News Desk0
360factors, Inc., the industry leader in risk and compliance intelligence software, and Infinite Blue, a leading provider of business continuity/disaster recovery planning and response management software, announced a joint partnership to bring best-in-class risk, compliance, and business continuity applications to financial organizations. Latest Fintech Insights : Simpl Makes Buy Now......
YouHodler Enriches KYC Verification Process With Sumsub
Cryptocurrency News

YouHodler Enriches KYC Verification Process With Sumsub

Fintech News Desk
by Fintech News Desk0
Sumsub joins the ranks of YouHodler’s already high-level KYC/AML tools to enforce its industry-best wallet and platform. YouHodler already uses Acuant and Ondato solutions to manage the KYC/AML process as well as Elliptic for crypto AML management. Adding Sumsub will only make the process better for clients and more secure......
MetaBank Announces Name Change to Pathward
Banking News

MetaBank Announces Name Change to Pathward

Fintech News Desk
by Fintech News Desk0
The Pathward name represents the company’s commitment to helping individuals and small and medium sized businesses access financial services that promote economic mobility MetaBank, N.A., an industry leading financial empowerment company, announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a......
FinCEN Indicts USAA Federal Savings Bank for Violating the Bank Secrecy Act
Banking Compliance management Digital Payments Featured News

FinCEN Indicts USAA Federal Savings Bank for Violating the Bank Secrecy Act

Fintech Staff Writer
by Fintech Staff Writer0
The Financial Crimes Enforcement Network (FinCEN) has announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations. As its customer base and revenue grew in recent years, USAA FSB......
FINRA Extended Hearing Panel Expels Alpine Securities
News Security

FINRA Extended Hearing Panel Expels Alpine Securities

Fintech News Desk
by Fintech News Desk0
FINRA announced that a FINRA extended hearing panel has expelled Salt Lake City-based broker-dealer Alpine Securities Corp. from FINRA membership, and ordered the firm to pay more than $2.3 million in restitution to customers for converting and misusing customer funds and securities, engaging in unauthorized trading, charging customers unfair prices in......
Nelnet Board of Directors Appoints Three New Members; Longest-Serving Director Retires
Lending News Risk Management

AML Provider Abrigo Partners with RiskScout for High-Risk Due Diligence and Onboarding

Fintech News Desk
by Fintech News Desk0
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced a new partnership with RiskScout, a leading onboarding and enhanced due diligence platform for emerging market businesses. Abrigo’s financial crime detection platform, BAM+, is used by financial institutions to detect and prevent money laundering and fraud,......
1