HSBC seeks AI prowess with Element AI partnership
The bank is also looking out for more partnerships to push AI capabilities.
Compliance
Fintechs: partnerships don’t mean you can be passive when it comes to compliance
Protecting the fintechs’ own well-being as well as that of their customers.
Iccrea chooses Appian platform to serve 4.2m Italian customers
Appian will automate key processes for the 142-strong banking group.
FCA introduces new rules for P2P platforms
P2P platforms must implement changes by 9 December 2019, but the application of MCOB is immediate.
Starling partners with paytechs Tribe and PelicanPay
Tribe launched at Money 20/20 Europe with UnionPay International deal.
Deutsche Bank’s suspicious transaction reporting hit by software glitch
The problem has prevented flagging for almost a decade.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
White paper: Shapeshifting – a look at the evolving landscape of cross-border payments
Discussing consumerism, PSD2, managing risk and the power of digital ecosystem.
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.
Webinar: Customer consent in an open banking world
Learn how educate and empower your customers and gain their informed consent.
Webinar: Collaboration is key to digital banking
Sign up to hear from our leading panel of financial and technology companies!
A banker goes a-banking, volume 2: paper for the stone ages
So I had to go to the bank today. And the day’s surprises began.
White paper: FICO for fintech – Fraud and Compliance
Improve CX by building an agile defence ecosystem against financial crime.
Goldman Sachs fined £34.3m for misreporting transactions
FCA found the firm made 220.2m errors.
Wiring financial organisations for regulatory success
Firms need to be much bolder in their use of technology; clinging to old methods will only make things worse.
IBM debuts blockchain network for cross-border payments
Blockchain World Wire can transfer funds in 47 currencies to locations in 72 countries.
Sweden’s SEB chooses DTCC’s Global Trade Depository to meet SFTR obligations
DTCC has added data transformation services to its SFTR offering.
CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
Investors Bank addresses reporting with Wolters Kluwer
The US bank will receive OneSumX for Regulatory Reporting.
Mastercard drops Earthport bid for Transfast acquisition
The firm will now get this cross-border account-to-account money transfer network instead.
Wealthtech Gluskin Sheff turns to Broadridge tech
New investment management tech will help manage portfolios and compliance.
AI Foundry creates new mortgagetech solutions
Designed to speed up the pre-approval and underwriting approval process.
Wells Fargo makes record $240m settlement over fake bank accounts
Bank officials denied wrongdoing in agreeing to the settlement.
ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
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?”
Silvergate Bank selects Finastra for payment processing
US bank wants to expand its infrastructure with an API-enabled platform.
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?
Financial services leading on “Voice First” technology strategy, but there is work to be done
Richard Stevenson, CEO, Red Box, looks at how voice is a critical data set for digital transformation.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Analysis: openfunds − raise the standard
It’s surprising how haphazardly much of the data in investment funds is distributed.
Broadridge partially acquires PivotData and Sol Hedge regtech
Fintech provider is expanding its regulatory capabilities.
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!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
“Cryptofraud”: can the courts keep up?
How are civil courts going to deal with digital currencies in cases of fraud?
CoinAlpha fined $500k for crypto law breach
Blockchain protocol also gets a cease and desist from the US regulator.
Can automation transform trade finance?
How automation could provide benefits for both bank and corporate clients.
How technology and AI are set to transform compliance
A three-level structure: humans at the top, AI at the bottom, an automated decision support system in the middle.
What steps are in place to protect my money online?
The “invisible” nature of online transactions give pause for thought.
US regulators rouse banks to AML innovation
Banks get love and tech support to strengthen the financial system.
