Tag: Risk Management
NYDFS Urges Banks to Enhance Security with Blockchain Analytics
A Call to Embrace Innovative Technology for Risk Management in Financial ServicesHighlights: The New York Department of Financial Services (NYDFS) recommends that banks implement...
Revolut Ties Employee Bonuses to Risky Behaviors: Implications for Risk Management
Understanding the Impact of Performance Incentives on Corporate Risk CultureHighlights: Revolut's compensation strategy links employee bonuses to aggressive risk-taking behaviors.Concerns arise regarding the potential...
BNY Mellon Enhances Compliance Framework with Behavox Quantum
Exploring the Strategic Partnership for Improved Regulatory Adherence and Risk ManagementHighlights: BNY Mellon partners with Behavox Quantum to enhance compliance efforts.The collaboration aims to...
FCA Fines Metro Bank £16.7M Over Inadequate Financial Crime Controls
The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank due to failures in its financial crime monitoring systems...
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
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FE fundinfo buys out investment research platform AdviserAsset
FE fundinfo has acquired AdviserAsset, a due diligence and product selection tool, for an undisclosed sum.
AdviserAsset, founded in 2010, supports financial advisors,...