The RegTech market is experiencing a surge as companies seek to meet complex regulatory demands more efficiently. A study by HTF Market Intelligence highlights the sector's accelerated growth momentum, predicting a dynamic increase and consistent compound annual growth rate (CAGR) into 2030.
In the UK, an alarming rise in Authorized Push Payment (APP) fraud has significantly impacted consumers, with losses reaching £485 million in 2022. APP fraud occurs when individuals are duped into willingly transferring money to fraudsters. This type of scam has not only resulted in substantial
AI and Job Dynamics: Threat or Opportunity? The integration of Artificial Intelligence (AI) in various industries has sparked intricate discussions on employment dynamics. Some view AI as a threat to jobs due to potential automation, while others anticipate a surge in job creation spurred by
The Securities and Exchange Board of India (SEBI) is paving the way for a more conducive business environment by streamlining the regulatory requirements for Initial Public Offerings (IPOs) and fundraising activities. With the goal of reducing the financial strain on companies looking to access
The financial industry is a complex web of high stakes, performance metrics, and intense pressures. At the center of this web, compensation and workplace culture serve as key indicators of an institution's priorities and the state of the industry at large. By examining Bank of America's
The Dubai Financial Services Authority (DFSA) has performed risk assessments on the DIFC's private banking sector, revealing several compliance issues that pose risks to the financial services industry. These problems in regulatory conformity have significant implications for the sector's