GSS's transaction screening platform to be made available globally, to thousands of financial institutions over Swift's ...

On 27 September 2024, the Financial Conduct Authority (“FCA”), imposed a financial penalty of approximately £29 million on the British bank – ...

Global Screening Services (GSS), a leading RegTech pioneer, today announced an extended partnership with Swift that will enable financial institutions around the world to access its unique end­ to-end ...

Complex EU regulations and sanctions regimes creating ‘patchwork of risk’ for Irish firms, A&L Goodbody summit hears ...

Six years ago, when the Trump administration reimposed a blockade, Iran’s exports of crude oil collapsed. Since then, however ...

Regtech firm ThetaRay recently posted a blog post analyzing the key lessons from Starling Bank's compliance failures and dire ...

Starling Bank has paid a high price for sanctions failings. But there is little to suggest it will be the last to face a huge penalty for such shortcomings.

Much like the wider Ukraine conflict, how the U.S. handles exports to entities that aid Russia will have ripple effects in how it deals with problems in future wars.

Starling grew quickly, from approximately 43,000 customers in 2017 to 3.6 million in 2023. However, measures to tackle financial crime did not keep pace with its growth. When the FCA reviewed ...

The U.K.’s financial oversight agency fined Starling Bank nearly 28 million pounds, or almost $40 million, for a “shockingly lax” set of screening controls that led it to onboard thousands of ...

Starling Bank confirms that it fully accepts the findings set out in the Final Notice published today by the Financial Conduct Authority (FCA).

Real-time Decisioning and Automatic Payment Holds: Analysts can block or release transactions directly from the Lucinity interface as part of reviewing matches. Additionally, payments suspected of ...