Tagged: audit

January 22, 2026 @ 6:40 pm By Omar Faridi  |  

Airwallex continues to solidify its position as a leading global financial platform. Recent developments highlight the company’s strategic growth in Asia-Pacific markets and its focus on ensuring adequate regulatory comliance. These updates underscore Airwallex’s aim to effectively enable businesses worldwide while maintaining standards in financial… Read More

July 27, 2024 @ 12:59 pm By Omar Faridi  |  

Nexo, the institution for digital assets, has reaffirmed its dedication to data security by renewing its SOC 2 Type 2 audit and passing a new SOC 3 Type 2 report with no exceptions. The company has even increased “the audit scope by assessing additional Trust… Read More

May 9, 2024 @ 8:02 am By Omar Faridi  |  

Three-quarters of Australian companies are using or piloting Artificial Intelligence (AI) in financial reporting – and in three years time the number will be 100%, according to a KPMG International survey. The biggest leap will be in the use of Generative AI (GenAI), “currently being… Read More

May 3, 2024 @ 9:33 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged BF Borgers CPA PC and its owner, Benjamin F. Borgers with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings… Read More

August 13, 2023 @ 1:52 pm By Omar Faridi  |  

Spearbit, a smart contract audit and security solutions firm with clients such as Polygon, OpenSea, Optimism and more, announced that it “has raised a $7 million funding round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi)… Read More

December 16, 2022 @ 8:31 am By Omar Faridi  |  

Matrixport, one of the “largest” digital assets financial services platform, has announced that its institutional custodian service brand, Cactus Custody, has successfully “completed the SOC (System and Organization Controls) 2 Type 1 audit of its security and data privacy practices.” This certification “reflects Matrixport’s commitment… Read More

December 7, 2022 @ 8:46 am By Omar Faridi  |  

As a licensed platform, Debitum must regularly “conduct internal and external audits.” The latest external audit was performed by Grant Thornton International in October 2022. The subject of this audit was “to inspect how well are managed investors funds and to examine platforms’ procedures and… Read More

November 21, 2022 @ 8:32 am By Omar Faridi  |  

Accounting firm KPMG has signed off that Bitpanda’s funds “exceed customer holdings following a special review held in light of the recent FTX collapse.” Bitpanda is in active exchange with the Austrian Financial Market Authority (FMA), which regularly “audits the company.” However, this “extraordinary,” additional… Read More

November 6, 2022 @ 5:07 pm By Omar Faridi  |  

Digital asset firm Okcoin has successfully completed a security audit. This milestone is just another step in their journey of offering their customers the “safest” crypto experience in the industry, the firm claims. As noted in the update, Okcoin has successfully completed the Service Organization… Read More

November 12, 2021 @ 8:38 am By Omar Faridi  |  

RealBlocks, a white-label alternative investments tech platform that supports international distribution capabilities for asset managers, has announced its successful completion of the independent, “exception-free” SOC 2 Type II audit. RealBlocks has been designed to access sensitive investor data and this certification “confirms that RealBlocks’ internal… Read More

January 25, 2021 @ 12:30 pm By Samantha Hurst  |  

  Southwestern Asian banking group DBS has reportedly launched a digitalized audit confirmation solution for both corporate and SME customers. According to various reports, the solution cuts down on the processing time for audit confirmation requests from compared seven-day industry norm to just under 24… Read More

June 18, 2020 @ 8:30 am By JD Alois  |  

Wirecard AG   (WDI.DE), a Germany based payments and cards platform, has delayed publication of its financial statements due to “indications of presentation of spurious balance confirmations.” The obfuscated statement relates to an apparent audit by EY that uncovered a €1.9 billion discrepancy. EY reports an… Read More

October 22, 2019 @ 8:01 am By Omar Faridi  |  

Payments processing firm Wirecard (WDI.DE) has commissioned an independent audit of its accounts by professional services firm KPMG. The audit is being performed to address questions related to allegations of improper accounting by Wirecard’s management.  The audit will commence immediately according to a statement by… Read More

June 10, 2019 @ 11:42 pm By JD Alois  |  

BDO Australia has formed a partnership with Decentralised Capital to provide auditing and assurance services to the blockchain and crypto asset sector. The move was described as likely to boost institutional interest in the emerging sector of Fintech. Decentralised Capital is a specialist blockchain firm… Read More

April 24, 2018 @ 4:08 pm By Samantha Hurst  |  

EY announced on Monday the launch of its new blockchain feature, EY Blockchain Analyzer. The company described the feature as a suite of blockchain audit technologies that enhances the ability to perform an in-depth review of cryptocurrency business transactions. EY reported that the EY Blockchain… Read More

November 5, 2014 @ 12:37 pm By Samantha Hurst  |  

 RCS Capital Corporation (“RCAP”) (NYSE:  RCAP), today issued the following statement regarding RCAP’s recent share price movement. Given the corporate announcements made by American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ:  ARCP) since October 29th, and the effect those announcements have had on RCAP’s market valuation, RCAP would like to… Read More