Three new security strategies for financial services
Continuous compliance remains a challenge because many organisations lack contextual data.
Financial Crime & Fraud
Capital One’s “wilful” AML failures land the bank a $290m penalty
Some $16 billion in reportable transactions passed through the bank’s platform.
2020 review: 10 largest regulatory fines this year
The fines kept flowing even in a year as turbulent as 2020.
Cyberpunk 2077 makers face potential securities class action lawsuit
Cyberpunk 2077 – from lawsuits and refunds to big wins from hedge funds.
The time is now to update your finance operations
Modernising the finance department should be a priority.
AI will explain it to you
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
E-book: The dawn of end-to-end AML compliance
The components of an end-to-end AML compliance solution and how to put your organisation on the right path.
Deepfakes in finance: a threat to be wary of?
Fraudsters are turning to synthetic identities to open new accounts.
Effectively combating fraud while staying user-friendly
The current cyber threat landscape, authentication methods and how the industry continues to fight back.
FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal
The investigation found that GSI breached a number of FCA and PRA principles and rules.
Silent Eight lands $9m to help firms tackle money laundering
The start-up says it has doubled its valuation in just over a year.
Daily News at Sibos 2020
Download your free copy of the Sibos supplement today!
PayTech Awards 2020 now on YouTube: celebrity host, comedy stand-up, winners and more!
Watch Zoe Lyons perform her stand-up and unveil the winning projects, companies and people of PayTech Awards 2020.
Video: Top fintech stories this week – 25 September 2020
FinTech Futures’ weekly news round-up.
Report: What keeps AML & CFT professionals awake at night?
Do your peers share your compliance challenges and professional pains?
FinovateFall 2020: making the cost of compliance work for you and against the fraudsters
Discover the key to undermining the ability of criminals to profit from cyber-fraud.
Regulators’ “fast and furious” AML fines don’t tell the whole compliance story
FinTech Futures speaks to Fenergo’s Rachel Woolley about the rise in penalties.
How government and businesses can protect minors online in a post-pandemic world
Any organisation that profits from selling age-restricted products and services should be held accountable.
YOU are the first line of your own defense for fraud prevention
Be vigilant online! You are your first line of defense against fraud.
How banks can balance UX and security amid a pandemic
How face-based biometrics and AI can deliver smooth digital onboarding and stamp out fraud.
Video: Top fintech stories this week – 28 August 2020
FinTech Futures’ weekly news round-up.
2020 PayTech Awards hosted online by Zoe Lyons
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
Scotiabank pays over $127m for commodities price manipulation
It also faced charges of compliance and supervision failures.
White paper: Enhancing trust with AI-driven biometrics
Learn how to improve every aspect of the identity lifecycle with intelligent ID.
Live webinar: The role of digital identity in a physically distanced world
Novel approaches to digital identity verification to securely onboard and engage with consumers – and at a distance.
Four lessons we can learn from the biggest financial technology scandals
From Wirecard and Enron to Bernie Madoff and Parmalat.
ACI Worldwide partners with Arvato Financial Solutions
ACI set to offer Arvato solutions to its merchant customers.
Disposable card issuer Privacy.com lands $10.2m
The start-up has issued around five million virtual card numbers.
Twitter shares slide 4% in wake of unprecedented bitcoin promo hack
The hacked accounts have tens of millions of users.
Deutsche Bank faces $150m fine for Jeffrey Epstein ties
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
Bank of England apologises for role of former governors linked to slave trade
British taxpayers have been paying off slave owners from 1833 to 2015.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Why collaboration and partnerships will beat the fraudsters in open banking
It’s therefore important for banks to make sure they are dealing with legitimate and regulated TPPs.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
E-book: The inevitable collision of identity proofing & authentication
How to achieve end-to-end identity verification and authentication in today’s digital world.
Taking a deeper look at deepfake technology
It’s only a matter of time before cybercriminals attempt to use deepfakes as a common way to defraud businesses.
NICE Actimize and Infosys extend cybersecurity partnership
Technology firms tie up new collaboration.
Temenos rolls out its Financial Crime Mitigation tool on Microsoft Azure
“The cloud is a big investment for us, as we believe it’s the future.”
