The UK's data protection regulator has recently emphasized the critical need for organizations to share customers' personal data in a responsible manner to address the escalating fraud crisis. According to official statistics, fraud has now become the most prevalent crime in England and
Regulatory compliance has become increasingly complex, dynamic, and burdensome for many organizations, especially in the Gulf Cooperation Council (GCC) countries, where bold economic diversification and technology plans are underway. Regulatory technology (RegTech) leverages intelligent automation,
In an unprecedented move to combat the ever-increasing threat of fraud and scam activities in Australia, the nation's major financial institutions have joined forces to launch the 'BioCatch Trust Australia' network, an innovative interbank intelligence-sharing system. This
Energizer Holdings (ENR) has made significant strides in bolstering its cybersecurity framework to keep pace with the ever-evolving landscape of cyber threats, which continuously pose risks to their operations and safeguard sensitive data. Their enhanced cybersecurity governance is meticulously
In the third quarter of 2024, the US RegTech sector presented an intriguing juxtaposition of increasing deal activity against a backdrop of declining funding amounts. The paradoxical nature of the investment landscape reveals the complexities and challenges faced by the sector as it navigates
The financial sector, encompassing banks, investment firms, and insurance companies, is a prime target for cybercriminals due to the vast amounts of sensitive data and transactions it handles. As cyber threats become more sophisticated, financial institutions must adopt robust cybersecurity