CSSF warns UK fintechs about onsite visits
As part of its Brexit preparations, UK fintechs and payment services must also prepare for visits from the CSSF.
Risk Management
FCA introduces new rules for P2P platforms
P2P platforms must implement changes by 9 December 2019, but the application of MCOB is immediate.
InsurTech firm REG closes £2.4m funding round
The additional capital will support the company’s growth trajectory.
Rise up women – you can do it, you really can!
Be bolder, take risks, network, and challenge unconscious bias!
Capgemini powers Skandiabanken’s new mortgage platform
The new tech uses the Pega Platform, the digital process automation (DPA) platform from Pegasystems
TransUnion acquires TruSignal
Financial details remain undisclosed.
New regtech FrankieFinancial signs up Xinja and Novatti
Aims to solve $4 billion legacy systems overhead problem.
The IM regime and the false economy trap
Sophisticated technology offers a more cost-effective answer in the long-term.
Will KYT drive technology innovation in banking compliance?
The journey towards “know your transaction” has just begun, and the road ahead looks promising.
Fiserv’s AML solution wins new clients in UAE and Iceland
AML Risk Manager chosen to streamline processes.
Citi launches NextGen AI compliance project
In partnership with EY and SAS.
Credit Kudos works hard for a £2.2m funding round
Led by Ascension Ventures.
CHL Mortgages picks Jaywing for IFRS 9 monitoring
The provider began work on the project by providing independent model validation to CHL.
Torstone Tech grows with Percentile acquisition
Percentile’s risk solution will be integrated into Torstone’s offering.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
Nationwide and Jaywing explore “explainable” AI driven application scoring
The building society was impressed by Jaywing’s transparent model.
Ampega Asset Management amps it up with Murex
The wealthtech will implement MX.3 for fixed income, equity, funds, FX.
Kyriba plans $160m growth round led by Bridgepoint
$60 million earmarked for innovation investment.
HSBC to offer BlackRock’s Aladdin software to wealthy customers worldwide
BlackRock also announces acquisition of eFront
Sova Capital picks Iress for wealth management middle-office
Iress will also provide post-trade processing services.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
New cash flow platform Avrium hits the UK market
Aiming to help SMEs mitigate cash flow risk.
Tech giant SAS commits to £1bn AI investment in three years
It aims to develop new AI skills as well as teach customers how to use them.
5AMLD: know your compliance changes
5AMLD’s key requirements and their impact on the customer due diligence and onboarding for European firms.
Disruption through diversity and empowerment
“Be bold. You have earned it. More importantly, if you don’t value yourself, how can you demonstrate it to others?”
Risk, finance and regulatory reporting: adopting an integrated approach
Banks with the most flexible, integrated FRR architecture will appease the regulators. How to achieve it?
White paper: Third-party cyber risk
Your weakest link.
SmartStream teams with Numerix for ISDA collateral management
Automated data management and risk sensitivities to the rescue.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Nasdaq to sell GRC business BWise to SAI Global
Bids farewell to its governance, risk and compliance software platform.
PXP Financial lands to offer payments for merchants
UK firm aims to expand to capital management.
Reserve Bank of India fines three banks for compliance fails
Axis, UCO and Syndicate Bank found to be at fault.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
Industry brief: FRTB and XVA – Addressing real-time regulatory and business needs with in-memory computing
Fintech companies have already adopted GridGain in-memory computing. Find out why!
Portuguese Banco CTT gets AML tech from Fiserv
One of the nation’s newest banks will use AML Risk Manager.
CreditVidya receives $3m funding to develop credit score tech
It aims to expand throughout various industries in India.
Anti-fraud firm Featurespace gets £25m funding
To develop its AI capabilities.
Cyber risk crew Cyberhedge gets funding edge in Luxembourg
Luxembourg Future Fund provides support to boost nation’s tech scene.
Gamblers win with Experian affordability check
Can your customers afford to gamble?
Citi feeds on Feedzai for risk management
Citi Treasury and Trade Solutions to integrate transaction monitoring technology.
