Barclays customers suffer most internet banking incidents
There were 21 operational and security incidents within a year.
Compliance
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
Tink tells NCA companies “are not ready” for PSD2
The letter also asks for “stronger industry collaboration” with TPPs.
BMLL Technologies launches Derived Data Service
The service offers “unparalleled visibility” into the market.
Identitii secures second licence with HSBC
Identitii will provide the bank with its Overlay+ platform.
SMBC chooses Exiger AI compliance solution
Exiger promises SMBC it will boost its operational efficiency by more than 80%.
Israeli government to fast-track fintech and blockcain licences
Around 2,000 fintech and blockchain companies are currently seeking licences.
Westpac partners with Coupa for e-procurement
The partnership anticipates the government’s digitisation of procurement.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
How regulations are bringing banks and fintechs together
There are plenty of benefits for both.
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Barclays ends landmark crypto partnership with Coinbase
Coinbase no longer has access to the UK FPS.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
Desjardins spends CAD 70m related to data breach
It’s offered the affected accounts a credit monitoring plan and identity theft insurance.
HMRC cracks down on crypto investors
The tax authority has requested customer data from UK exchanges.
Jack Henry core banking solution attracts 57 new users in 2019
A record year for the technology provider.
Swedish fintech Northmill launches new saving service
Customers can lower their interest rates in a matter of minutes
CIBC chooses SEI wealth platform to drive growth
The technology provides an “enhanced, unified solution”.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Walmart announce application for cryptocurrency
Shoppers’ money would gain interest in a makeshift bank account.
Mortgage Cadence integrates with DataVerify
Mortgage Cadence says the integration streamlines the application authentication process.
FinApps slaps $100m lawsuit on Envestnet Yodlee
It claims that the platform ripped off its code to release their own product.
EBA Outsourcing Guidelines or Operational Resilience – which to prioritise?
Operational resilience (OpRes) is the new, grown up way of regulating the financial sector.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Beynd scores $2m seed round
The company uses its own software to onboard its customers.
Daily News at Sibos: be at the heart of the biggest fintech event of the year
London calling: explore opportunities with Daily News at Sibos 2019.
FCA delays SCA payments rules after threat to sales
Companies will have until March 2021 to implement most of the technical requirements.
Fraud fighting platform secures additional $2.5m funding
Eftsure will be expanding the product suite to cover international payment verification.
Elevator Ventures invest in RegTech platform kompany.com
kompany combines AI, robotic process automation and blockchain technology.
Nasdaq uses AI to root out stock-market abuse
It detects irregular trading patterns and alerts officials according to machine-learning.
The importance of specialised standard software for MAD/MAR compliance
Experience and insights from three years of practical use.
Barclays, RBS and other banks face £1bn forex rigging lawsuit
JP Morgan, Citigroup and UBS also named in US-style class action.
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
A banker goes a-banking, volume 4: GDPR for the masses
It is time we gave some respect back to the drops that make the ocean.
Omni chooses TruNarrative to combat financial crime
The POS consumer credit company was seeking a future-proof solution.
Konsentus partners with Carta Worldwide for PSD2 compliance
The firm offers real-time TPP identity and regulatory checking services.
Friday the 13th is coming – is banking ready?
The deadline for PSD2 compliance is rapidly approaching – will your firm be ready?
Dos and don’ts of sanction screening
Regulators seek to send a strong message to financials if they drop the ball on sanctions screening.
