Chandni Nanda, Author at FCC Times

CBA Expands NameCheck Initiative in Partnership with Bendigo Bank and Satori to Combat Financial Fraud

Australia’s Commonwealth Bank (CBA) is intensifying its fight against financial scams and mistaken payments by expanding its innovative NameCheck technology. In collaboration with Bendigo...

Paysend Bolsters Global Risk Management through Strategic Partnership with CalQRisk

Paysend, a leading FinTech company specializing in global online payments, has entered into a strategic partnership with CalQRisk, a governance, risk management, and compliance...

Sarkozy Denies Wrongdoing in Appeal Against Illegal Campaign Financing Conviction

Former French president Nicolas Sarkozy has vehemently denied any wrongdoing as he appeals a one-year jail sentence for illegal campaign financing. Facing a series...

Enforcement Directorate Raids DLF Premises in Gurugram in Money Laundering Probe Linked to Supertech

The Enforcement Directorate conducted searches at the premises of real estate giant DLF in Gurugram as part of a money laundering probe linked to...

Singapore Police Arrest 300 Suspects in Islandwide Crackdown on Scams Worth S$8.5 Million

Police have apprehended over 300 individuals suspected of involvement in more than 1,000 scam cases during a two-week islandwide operation in Singapore. The suspects,...

Authorities Uncover Unlicensed Establishment Serving Kratom-Infused Drinks to Minors, Prompting Legal Action and Potential Shop Closure

Upon arrival, authorities discovered around 80 individuals, aged 25 or younger, gathered at a location consuming kratom-infused drinks. Notably, a 12-year-old girl was among...

RBI Imposes Stricter Norms on Consumer Credit, Raises Risk Weights for Unsecured Personal Loans to Address Growth Concerns

The Reserve Bank of India (RBI) has introduced stricter norms for consumer credit, directing banks and NBFCs to assign a higher risk weight for...

EY Report Flags 20% Decline in Corporate Emissions Goals, Budget Cuts Impacting Climate Actions

The 2023 Sustainable Value Study by EY reveals a troubling trend in corporate sustainability, particularly in climate action. Surveying 520 Chief Sustainability Officers (CSOs)...

eToro Launches XtremeWeather Portfolio, Enabling Retail Investors to Engage in Climate-Resilient Companies

eToro, a leading trading and investment platform, has introduced XtremeWeather to its portfolio, allowing retail investors to engage in companies addressing the challenges of...

HSBC Faces Online Banking Outage on Black Friday, Affecting Thousands of UK Customers

Thousands of HSBC customers in the UK experienced disruptions in accessing online and mobile banking services, affecting their ability to authorize online card purchases...

Digital Europe Warns EU Against Overregulation in AI Bill, Citing Concerns on Compliance Costs and Innovation Impact

Digital Europe, a digital technology trade association, has cautioned the European Union (EU) against overregulation in its forthcoming AI bill. In a letter, the...

RBI Imposes Penalties on Citibank, Bank of Baroda, and Indian Overseas Bank for Regulatory Compliance Lapses

The Reserve Bank of India (RBI) has imposed penalties on Bank of Baroda (BoB), Citibank NA, and Indian Overseas Bank for non-compliance with certain...

European Commission Launches Pilot Auction for Renewable Hydrogen Development Under European Hydrogen Bank

The European Commission has initiated its first pilot auction under the European Hydrogen Bank to support the development of the renewable hydrogen market. Hydrogen...

Mastercard Teams Up with Feedzai to Bolster Anti-Money Laundering Efforts in Digital Currencies

Mastercard (NASDAQ: MA) has joined forces with Feedzai, an AI platform, to combat money laundering and fraud related to digital currencies. Through this partnership,...

Former Russian Deputy Defense Minister Sentenced to 19 Years in Major Corruption Case

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Chandni Nanda