HSBC can’t dodge DoJ’s $63m fine for major FX up
Part of a three-year deferred prosecution agreement with the US Department of Justice.
Part of a three-year deferred prosecution agreement with the US Department of Justice.
Proof that digital identity proofing company iSignthis has done it.
Cast your mind back to 2017. Did the trends predicted shake the industry as much as we thought?
Used for single customer view processes in Northern Ireland.
It’s like the UK government is taking advice from the writers of “The Thick of It”.
London-based investment bank shows its love for RiskMine Cube.
Having their own dedicated stream for the first time.
Welcome to the first RiskMinds International magazine!
Regtech was all the rage, so let’s have a brief look with Banking Technology’s top five.
What a merry time it was for fintech features in 2017.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Will provide the basis for its core banking and reporting system.
Plans to apply tighter rules to prevent money laundering and terrorism financing on cryptocurrency exchange platforms.
The responses on the potential for future development of DLT in the markets it regulates.
Lawsuit dismissed against the US Comptroller of the Currency (OCC) over charter plans.
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
China Merchants Bank chose Wolters Kluwer’s OneSumX for its regulatory reporting activity in Luxembourg.
As regulations evolve globally, data has become both an essential currency and a pain point for financial institutions.
In the eye of the storm we provide clarity.
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but its effect will be more far-reaching, acting as a catalyst for innovation not just in payments, but in the wider financial services market.
Are GDPR and PSD2 really that dissimilar and incompatible? Or do they combine to create a robust security mind set?
Nothing quite compares to go compare for bank accounts in the UK.
The Financial Stability Board has stated in its first report on AI that the risks they pose need monitoring.
Featuring the Gibraltar Parliament; Cboe Global Markets; and Waves Platform, Ethereum and Deloitte teaming up.
Fintech companies will find that they are a different kind of business in 2018 than they were in 2017.
New regulations are forcing enterprises to spend more of their IT budgets on security.
According to the latest research by DMA, a UK trade association for the one-to-one marketing industry, those in the B2B space are trailing slightly when it comes to having a detailed awareness of what the new General Data Protection Regulation (GDPR) laws entail.
In this eIDAS paper, legal expert Lorna Brazell of Osborne Clarke LLP explains electronic signatures under the EU’s new Electronic ID and Trust Services Regulation.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
It’s been a good year for banks as in a first since the launch in 2014, the (BoE) reveals that no bank needed to strengthen its capital position as a result of its latest stress test.
With PSD2 on its way in January next year, the European Commission has confirmed the deadline for its regulatory technical standards (RTS) will be around September 2019. By way of recap, the security measures outlined in RTS stem from two key objectives of PSD2: “ensuring consumer protection and enhancing competition”. RTS introduces requirements that payment […]
We are living through a period of unprecedented innovation in finance, and regulators know they need to adapt to keep up with the fast pace of change. To understand and manage the risks posed by new products, services, and business models, many financial authorities are setting up regulatory sandboxes or reglabs.
It’s that time again where alliances are formed and friendships are made in our latest co-operative filled round-up. Featuring the Monetary Authority of Singapore, Abu Dhabi Global Market, Dubai Financial Services Authority, Australian Securities and Investments Commission, and Iran and Malaysia planning to establish banking ties.
Al Salam Bank Seychelles (ASBS) has chosen International Financial Systems’ (iFinancial) anti-money laundering (AML) solution, AMLtrac, as it plans to introduce domestic banking services for local and regional SMEs and corporates. As part of that planned expansion, ASBS, an offshore financial institution, has selected the know your customer (KYC) and document management, account monitoring, transaction […]
Several consumer groups have written to UK Minister for Digital Matt Hancock urging changes to data privacy and protection rules, removing grey areas which allow companies to navigate breaches unscathed, reports Telecoms.com (Banking Technology‘s sister publication). Many rules and regulations should be viewed as dated today. This is not necessarily anyone’s fault, but is more […]
Earlier this year, Hewlett Packard Enterprise (HPE) went on an acquisition spree meant to help the company improve its standing in the data centre market with products to address a range of issues customers faced as they moved to the cloud, reports Enterprise Cloud News (Banking Technology’s sister publication). Now, one of those deals is […]
From major crimes to KYC times. Our latest blockchain and Bitcoin round-up features Tether, Metal, Deutsche Bank and IBM. Digital currency firm Tether is feeling under the weather as it has reported that “funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker”. The amount is a rather large […]
Co-op Money NZ, the industry body for credit unions and mutual building societies in New Zealand, has won its legal fight to continue providing wholesale banking. The organisation has successfully appealed against the decision of the Registrar of Friendly Societies and Credit Unions. By way of recap, earlier this year, a former Co-op member, Westforce […]
The Monetary Authority of Singapore (MAS) has launched a second consultation on its proposed regulatory framework, known as the Payment Services Bill. According to MAS, the Bill will streamline the regulation of services under a single legislation, expand the scope of regulated activities to include virtual currency services and “calibrate regulation according to the risks […]