The c-suite compliance crisis: 49% only feel somewhat confident about their company’s anti-money laundering processes • C-suite cut costs at expense of compliance as 39% reduce 2024 anti-money laundering budgets, survey reveals • Yet majority of c-suite execs are concerned about the financial consequences of non-compliance • 3 in 4 feel c-level execs should be held personally accountable for AML compliance
Sovos, the always-on compliance company, announced a joint business relationship with the Belgian PwC Firm PwC Business Advisory Services bv/srl (hereinafter: “PwC”), leveraging the companies’ complementary tax and advisory service expertise and solutions to address vital e-invoicing and e-reporting needs. Through this joint business relationship, Sovos and PwC clients can access comprehensive services to adeptly tackle the ever-evolving regulatory challenges linked to e-invoicing and e-reporting, as additional countries look to join the more than 80...
Financing, led by Tiger Global with participation from South Park Commons, has helped foster the growth of a collaborative community of professionals working to stop financial fraud Reports surging participation in fraud data consortium Fintech Fraud DAO, which launched last fall and covers more than 10% of adult consumer transactions in the U.S. Introduces “Fraud Fighters Manual,” a first-of-its-kind compendium of fraud-fighting lessons from fintech’s leading practitioners Unit21, the risk and compliance infrastructure company, is...
