Banking Tech Awards USA 2022 Winner: Hamilton Reserve Bank – Best Use of Risk, Compliance & Fraud Protection Technology
Hamilton Reserve Bank and authID on the benefits of seamless and secure digital identity assurance.
Compliance
Banking Tech Awards USA 2022 Winner: Symphony AyasdiAI – Tech of the Future
AI does not look for a needle in a haystack, but rather for a needle in a stack of needles.
The future of crypto compliance
Exploitation by criminals has brought about a need for more regulation in the crypto world.
Crypto paytech Wirex makes a comeback in the UK
Along with resuming services, Wirex also announced that it is launching multiple offerings.
Video: How Payoneer prevents financial crime with ThetaRay’s tech
Payoneer explains why it chose ThetaRay to monitor payments on its global platform for financial crime.
Account freezing orders: the FCA flexes its regulatory muscle
What are account freezing orders and what should fintechs take away from recent action by the FCA?
Reserve Bank of India lifts ban on Mastercard onboarding new customers
RBI had imposed a ban on Mastercard in July 2021 for non-compliance.
ComplyAdvantage appoints ex-WorldRemit head as CTO
Mark Watson brings over 26 years of tech experience into his new role as CTO.
How Stilt is helping immigrants build a financially stable life in the US
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm’s aims to help immigrants in the US.
Pagaya appoints former Barclays UK CEO as president
Ashok Vaswani, Pagaya’s new president, is a Barclays and Citibank veteran.
Sentinels tapped by Dutch neobank Brand New Day to scale its AML controls
Brand New Day has partnered with Sentinels to build a “future-proof” compliance infrastructure.
FinTech Futures Jobs: Companies offering the most in demand fintech jobs
Exciting open vacancies at Experian, Hazy and Seedrs. Apply today!
White paper: Intelligence capabilities for AML and CFT regulatory compliance
Enhancing KYC, AML, CFT and due diligence investigations for finance, banking and compliance sectors with digital intelligence.
How data-driven suptech can change the game in fighting financial crime
Suptechs are gaining prominence in financial services with pioneers like the EBA and MAS breaking new ground.
Report: Digital transformation and trends in financial services
The future of the financial industry, including a shift back to office, fraud prevention, and regulatory compliance.
FinTech Futures: Top five stories of the week – 29 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Norway’s Signicat buys UK anti-fraud firm Sphonic
The company aims to be the go-to provider for digital identity and anti-financial crime services across Europe.
MoneyGram sued by CFPB and NYAG for allegedly “leaving families high and dry”
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
Osterman research report: privacy compliance in the US, status and progress in 2022
The emergence of new privacy regulations in the US and recommendations for the next wave of compliance.
Two years on from the FCA’s AML/CTF registration regime, how are firms managing?
Two years on from its introduction, how have cryptoasset firms been navigating the registration process?
LSEG acquires digital ID verification data provider Global Data Consortium
GDC is a global provider of identity verification data to support clients with know your customer (KYC) requirements.
FinTech Futures Jobs: Three great London-based jobs to apply for this week
Exciting open vacancies at Freetrade, Shopify and Railsbank. Apply today!
What the FinTech? | S.3 Episode 4 | Risk, resilience and regulations
In this episode, we’re joined by Wayne Scott, regulatory compliance solutions lead at NCC Group.
Why is digital customer onboarding so important in banking?
To offer a competitive onboarding process, most banks will need to acquire a new level of technical flexibility.
Credit Libanais, Codebase Technologies and Visa team for financial inclusion in Lebanon
Credit Libanais launches an instant, fully e-KYC onboarding mobile application for a virtual prepaid card.
Regtech provider Encompass raises $33m to fuel global growth
There will be “extensive recruitment” at the company’s new offices in New York and Amsterdam.
UK fintech funding round-up: Delio, Detected, Kolleno, Nosso, Strabo, & Yimba
A handy round-up of the recent funding endeavours of UK-based fintechs.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
GB Bank taps TruNarrative for fraud detection and customer onboarding
GB Bank says the partnership will reduce friction in customer journeys and enhance its risk mitigation.
Digital ID verification start-up OCR Labs expands to North America with $30m funding
OCR Labs has raised $46 million through its combined Series A and B.
Beyond Identity raises $100m to replace passwords with invisible, un-phishable MFA
Beyond Identity’s total funding to date reaches $205m and propels its valuation to $1.1bn.
Virgin Money revamps customer onboarding with HooYu
Virgin Money implements a new account opening journey for its customers.
Revolut names Ibrahim Dusi as chief risk officer for Americas
Dusi joins Revolut from US-based lender Happy Money, where he spent eight years.
Mashreq Bank implements ThetaRay’s transaction monitoring tech for correspondent banking
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
Trulioo acquires HelloFlow to create “end-to-end identity platform”
HelloFlow is a no-code builder of client onboarding, monitoring, and digital workflow solutions.
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
Suffolk Building Society signs for TruNarrative’s regtech
TruNarrative’s technology will digitise mortgage customer onboarding and help prevent financial crime.
White paper: Anti-money laundering regulations in 2022
A closer look at some of the changes in the AML regulatory landscape in seven countries around the globe.
Financial crime fighter ACAMS acquired by PE firm Wendel for $500m
ACAMS has a global membership base of 90,000+ members in 175 countries.
Greece’s Epirus Bank taps Profile Software to boost risk management
Cooperative bank picks RiskAvert to automate capital calculation and report production processes.
