Aviva taps Fenergo to revamp client onboarding systems
Fenergo will switch out Aviva’s KYC, AML, and CDD services.
Anti-Money Laundering/AML
Data privacy versus data security: why is it so hard to have both?
Blockchain and other DLT secure data by making it immutable.
Commerzbank fined £37.8m by FCA for AML failings
The London branch of the bank dragged up for issues between 2012 and 2017.
Muniy chooses HooYu for KYC and raises £200,000
The fintech says it will allow merchants to pay a lower transaction processing cost.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Real-time payments and fraud: what can be done?
To effectively manage fraud risk, companies should use advanced analytics techniques.
Onfido takes UK one step closer to digital ID
The fintech’s sandbox is regulated by the FCA.
Santander deploys ThetaRay’s AML solution for correspondent banking
The roll out of ThetaRay’s solution across Santander began in Q4 2019.
E-book: The inevitable collision of identity proofing & authentication
How to achieve end-to-end identity verification and authentication in today’s digital world.
Getting reconciliation right in the “decade of data”
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
The Bancorp announces release from consent order
Restrictions related to growth within The Bancorp’s Payments businesses are removed.
E-book: Are you using the best approach to verify customer identities?
Safely onboard more customers, supercharge your operations team, address identity AML & KYC compliance.
European Commission plans to plug gaps in AML and CTF rules
The EC wants to “shut down” any “loopholes” and remove any “weak links” in current rules.
Only the best wealth management CRM can meet today’s regulatory challenges
It is not possible to overplay the economic and reputational importance of compliance.
The old-school approach to risk management you need to dump right now
Data that is submitted manually for compliance in many cases can be erroneous.
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.”
Fenergo and IBM sign OEM agreement
Both firms will collaborate on the creation of financial crime solutions.
Certified liveness detection a must for FCA recommended customer selfies
How to comply with the legislation and ensure that appropriate safeguards and additional checks are in place.
Identity verification platform Onfido bags $100m from TPG
The start-up wants to create an alternative “identity verification” layer for the internet
Kyckr extends Citigroup regulatory compliance deal
“There is no better referral than within an existing organisation,” says CEO.
HSBC reports money laundering breaches in Australia subsidiary
The breaches involved small amounts of cross-border foreign currency transactions.
The ABCs of eKYC
A how-to guide for online identity verification and eKYC.
Jumio helps US sectors battling coronavirus verify users for free
Organisations “involved in helping students, patients and vulnerable populations” can apply.
FCA requests listed companies delay publishing preliminary financials
It highlights that this statement does not apply to AIM-listed companies.
ESMA delays SFTR implementation
The EU regulator acknowledges the business impact of COVID-19.
White paper: Anti-financial crime – looking beyond staffing
How banks can best perform their gatekeeper function.
Al Ansari Exchange chooses Pelican’s AI-based AML solution
Al Ansari Exchange hopes to create “an industry-leading compliance framework”.
SIX picks Know Your Customer to support supplier risk calculations
Maintaining due diligence on market participants a high priority for SIX.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
Report: The digital drive to replace the passport in financial services
FinTech Futures publishes its latest industry report, on digital identity and fraud.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
The risk of siloed IT procurement
Why it pays to say no to the silo.
How AI can address the global sanctions challenge
Banks shouldn’t delay exploring an AI-powered approach to their existing screening processes.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
For the sake of fraud fighting: how to secure online transactions on the Russian market
All the new forms of digital interaction are getting particularly vulnerable to fraudulent activities.
The future of regtech is data-driven: How to stay ahead of the curve
There are no shortage of challenges that will need to be addressed through innovation.
Regtech: the new lifeblood of compliance
It changes the current compliance game for the better.
US and UK regulators take lead on AML fines for 2019
37 of the 58 fines were handed out by American and British regulators.
