Sanctions Compliance Enters a New Era: Experts Urge AI Adoption and Unified Programs
As global financial institutions navigate increasingly complex geopolitical risks, the enforcement of sanctions is undergoing a transformative shift. At the recent Sanctions Convergence event, organized by Quantifind and Protiviti, experts from government, finance, and technology industries outlined the future of sanctions compliance. Their consensus: institutions must adopt faster, smarter, and more adaptable frameworks to keep […]
Asset Managers Face Mounting Pressure to Strengthen Sanctions Compliance
Asset management firms are under increasing scrutiny to uphold strict sanctions compliance, as failure to do so could lead to severe financial penalties and reputational damage. A growing emphasis is being placed on screening investors—particularly high-net-worth individuals—not only during onboarding but throughout the entire client relationship. According to Moody’s, any direct or indirect connection to […]
Mastercard and Pay4You Partner to Streamline Corporate Tail Spend with Virtual Cards
Global payments giant Mastercard has entered into a strategic partnership with European B2B payments platform Pay4You to transform how companies manage their tail spend—those often-overlooked, low-value, high-volume transactions that typically account for around 20% of corporate expenditure. Announced via FF News, the collaboration will integrate Mastercard’s Virtual Card Network (VCN) technology with Pay4You’s specialized platform […]
Asset Managers Embrace Proactive Compliance Amid Regulatory Pressures
The asset management industry, known for its cautious approach and collective decision-making, is undergoing a quiet transformation in how it handles compliance, particularly in fund marketing. Traditionally, firms have been reluctant to act independently, preferring to move in unison when regulations tighten or competitors take the first step. This reactive behavior has often led to […]
Global Tax Reforms Force Multinational Firms to Rethink Intercompany Financing
Amid mounting geopolitical tensions and regulatory shifts like the OECD’s BEPS 2.0 initiative, multinational corporations are being forced to reassess how they structure intercompany financing. The traditional models of centralized treasury hubs and tax-efficient structures are increasingly under scrutiny, as governments worldwide tighten their grip on cross-border financial flows. LSEG has highlighted how recent trends—especially […]
Insurance Industry Urged to Embrace Tech-Driven Strategies Amid Market Pressure
The insurance sector finds itself at a critical juncture as it navigates mounting competition and ongoing economic pressure. Traditional models for growth and profitability are under strain, and the industry must now strike a delicate balance between managing short-term costs and ensuring long-term resilience. esynergy, a technology consultancy focused on building scalable digital platforms, has […]
Navigating Crypto Compliance: Key Differences Between MSB and VASP (CASP) License
As the financial world continues to digitize and evolve, companies dealing with virtual assets face increasingly complex regulatory landscapes. Today’s fintech and crypto businesses are expected to navigate both innovation and compliance simultaneously, particularly through licensing. Two major licenses dominate this space: the Money Services Business (MSB) license and the Virtual Asset Service Provider (VASP) […]
RegTech Leaders Highlight the Evolving Landscape of Data Compliance
At last week’s Global RegTech Summit in London, a panel featuring top voices from Lloyds Banking Group, Behavox, TD Securities, and The RegTech Association explored the evolving landscape of data compliance and governance in financial services. The discussion, titled “Data Compliance Decoded: Handling, Governance, and Technology Insight,” underscored the critical role of data management in […]
Five Promising Startups Join Northwestern Mutual’s Spring Accelerator Cohort
Five innovative startups have been selected to join the 2025 spring cohort of the Northwestern Mutual Accelerator, powered by gener8tor. Focused on driving forward solutions in FinTech, InsurTech, data security, and wellness, the program continues to back scalable companies that align closely with the strategic priorities of the financial services leader. Chosen from a competitive […]
Tariffs Become New Frontier in Financial Crime as AI Arms Compliance Fight
As geopolitical instability reshapes global trade, tariffs are no longer just economic tools—they’re now fertile ground for sophisticated financial crime. Criminal networks are exploiting the complexity and volatility of international trade, with tariff evasion emerging as a growing threat that mirrors techniques seen in money laundering and sanctions evasion. The risk is not hypothetical. In […]
