eBook: Tackling the data challenge for regulatory compliance in banking
Staying above the rising tide of banking compliance requires data. Download the free e-book for the in-depth insights.
Compliance
Stress testing: Turning an obligation into an opportunity
Challenges can be mitigated through greater automation and enhanced data management.
Will regulators make an example of trading unicorn Robinhood?
“We don’t think they were set up to do it properly,” says class action lawyer.
White paper: Anti-financial crime – looking beyond staffing
How banks can best perform their gatekeeper function.
Al Ansari Exchange chooses Pelican’s AI-based AML solution
Al Ansari Exchange hopes to create “an industry-leading compliance framework”.
Payments trends and the “first world unbanked”
Cash is the most inclusive financial instrument, and many firms seem to forget this fact.
HSBC posts 47.8% overall pay gap, nearly double industry average
HSBC’s female employees are earning nearly half of what their male counterparts are.
Revolut seeking UK banking licence before year end
The neobank currently only has one banking licence in Lithuania.
China leads the way in adoption of ISO 20022 for payments
PBOC published its ISO 20022 migration plan as long ago as 2011.
SIX picks Know Your Customer to support supplier risk calculations
Maintaining due diligence on market participants a high priority for SIX.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Banks test disaster recovery sites and send staff home amid coronavirus
Senior bank execs are concerned about broadband capacity at their employees’ homes.
Meet Equifax’s data privacy partner since 2018
FinTech Futures speaks to Active Navigation’s chief revenue officer Dean Gonsowski.
Financial regulators address the economic & operational effects of COVID-19
Regulators across the globe issue statements addressing coronavirus precautionary measures.
Webinar: How to address fraud through the use of risk analytics
Securing customers at every stage of their digital journeys with the right multi-layered security approach.
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
Banking Circle nabs first banking licence from Luxembourg regulators
Banking Circle’s operation centers in the UK, Germany and Denmark will turn into bank branches.
Wells Fargo agrees to pay $3bn fine for fraudulent account furore
US bank agrees to pay hefty settlement fine on ongoing probe.
A look ahead to strong customer authentication
It’s vital that we use the year ahead to invest in long-term consumer testing.
Lloyds profits drop as PPI legacy takes its toll
The bank has eight times more than expected for PPI claims.
Moneybarn hit with £32.8m bill for not helping indebted customers
The firm did not treat customers fairly who had fallen into debt over a three year period.
GCC Capital AB picks BearingPoint for EBA reporting requirements
Swedish lending firm to deploy Abacus360 system on an outsourced basis.
Report: The digital drive to replace the passport in financial services
FinTech Futures publishes its latest industry report, on digital identity and fraud.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
The risk of siloed IT procurement
Why it pays to say no to the silo.
PSD2 turns two: Where do we go from here?
Break out the birthday cake as the Second Payments Directive (PSD2) just turned two!
RBS neobank Bó reissues cards due to authentication issue
The post cites “new” regulations which came into force last September.
PayPal users lose £1m to fraudsters posing as buyers
A total of 3,059 crime reports were submitted to Action Fraud regarding the scam.
CIMB Bank Philippines deploys Jumio authentication tech
Its mobile app will integrate “AI-driven” Jumio identity verification technology for its KYC.
How AI can address the global sanctions challenge
Banks shouldn’t delay exploring an AI-powered approach to their existing screening processes.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
eBook: Digital identity management – the foundation of successful financial services
How to identify, recognise, authenticate and protect customers – wherever they are, at scale, in real time, across a growing number of devices, and connected objects.
FCA calls UK’s current overdraft market “dysfunctional”
The regulator is asking banks to explain their 39.99% rates.
Finma fines Swiss bank CEO $752,000 for insider trading
The executive used covert deposit accounts under his wife’s name.
Turkey’s Halkbank could pay $1bn in fines for court absence
The bank is facing criminal charges for helping Iran evade US economic sanctions.
Greece’s major banks cancel 15,000 cards after travel website breach
“A few dozen” customers had been charged with transactions they never made.
FCA admits it does not track frequency of funds that block investor withdrawals
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
The future of regtech is data-driven: How to stay ahead of the curve
There are no shortage of challenges that will need to be addressed through innovation.
Visa invests in data security start-up VGS to boost fintech innovation
The size of the investment has not been revealed.
