Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
Compliance
A new paradigm for regulatory change
Regulatory change is constant in the financial services industry.
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
PaySend adds KYC and risk management tech from 4Stop
Moving money with international money transfer platform PaySend just got a lot more secure.
Infographic: GDPR Article 30 – where to start and how automation can help
Compliance and risk management solutions provider Opus offers help.
Flywire’s invoicing service emerges from beta
US company adds new international invoicing service to its offerings.
It’s now and NEVA for NICE’s robotic virtual attendant
NICE work if you can get it. And you can get it – if you buy.
Convergence of RPA and AI: the changing landscape in banking compliance
Robotic process automation and artificial intelligence are transforming the regulatory compliance landscape in banks.
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
Christine Lagarde, IMF: an even-handed approach to crypto-assets
A judicious look at crypto-assets leading to neither crypto-condemnation nor crypto-euphoria.
Compliance in finance: why written note-taking will no longer stand up as evidence
Banks that get this right will be stealing a march on competitors.
Appian and KPMG expand AI alliance
All in the name of the “intelligent automation” game.
HooYu brings KYC tech to gold-as-currency enabler Glint
The appeal of gold as an investment remains strong.
2018: the year of data, data, data
Three “mega-trends” pointing the way to the future needs of clients and the changes banks must undertake to remain relevant.
Wells Fargo whacked with $1bn fine for lending violations
For US auto-loan administration and mortgage practices.
Top fintech stories this week – 20 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The evolution of regtech
The industry has proven itself to be resilient and, as always, it will find a way to adapt.
US regulator creeps towards position on fintech charter
Some details should be published within the next three months.
Farmers & Merchants Savings Bank moves to Fiserv core system
Iowa-based bank will implement Premier core platform.
YapStone touches Couchbase for payments platform propulsion
Looking for inspiration with a cloud-native data sensation.
Fintech funding round-up: 27 March 2018
Features Candex, MarketInvoice and Konsentus.
NICE Actimize brings AI tech to financial crime investigation
NICE Actimize has launched an artificial intelligence (AI) enabled investigation management system.
Cryptocurrency and tax compliance: navigating the new world of digital money
All you need to know about US tax compliance concerns associated with cryptocurrencies.
Mastercard and IBM join forces for new “data trust”, Truata
Truata is an independent trust to enable companies conduct analytics while complying with GDPR.
To become “cyber ready”, banks need to get to know their IT systems
The steps financial services firms need to take to keep up with regulation and protect against cyber threats.
US Fed preps for next phase of payments push
All part of Fed’s ambition to revamp nation’s payments system by 2020.
PayPal settles FTC complaints over Venmo vagueness
FTC reaches settlement over allegations that PayPal provided inaccurate payments information to Venmo users.
GreenKey teams with IPC to develop AI-based speech recognition solution
Will convert real-time voice into useable data for financial market participants.
Vermeg buys regtech firm Lombard Risk for £52m
Vermeg takes over risk management and regtech firm Lombard Risk.
CBA and ING complete regtech pilot fling
To simplify information processing and regulation implementation using MiFID II as test case.
Onfido to provide digital ID verification tech to Bitstamp
Onfido has been selected by Bitcoin exchange Bitstamp to provide its ID verification during onboarding.
US Bancorp hit with $613m fine for AML fails
Anti-money laundering activities not noticed due to a lack of staff and resources.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
IdentityMind Global launches anti-fraud solution for ICOs
Trusted digital identities firm has unveiled its KYC Plug-in for ICOs.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
Trunomi closes $3.5m round from CloudScale Capital
Consumer consent and data rights company collects some cash.
Blockchain and Bitcoin round-up: 5 February 2018
Includes Lloyds, Bank of America, JP Morgan, Facebook and DeVere Group.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
Drowning in regulation
With more and more regulations being added and enforced, how can companies keep up?
Trulioo launches KYC tool to connect MNOs
Will work with 24 MNOs from the US, Canada, the UK, China, India, Spain, France, and Switzerland.
