A new paradigm for regulatory change
Regulatory change is constant in the financial services industry.
Compliance
Five Nordic banks mull KYC joint venture
They are DNB, Danske, Nordea, Handelsbanken and SEB.
APRA’s economic and financial statistics reform: extracting value from tech and new data demands
Where there’s a reform, there’s an opportunity.
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
PaySend adds KYC and risk management tech from 4Stop
Moving money with international money transfer platform PaySend just got a lot more secure.
Regtech warrior BearingPoint storms Citadele Bank Lithuania
Walls come tumbling down as BearingPoint makes its Lithuanian debut.
Infographic: GDPR Article 30 – where to start and how automation can help
Compliance and risk management solutions provider Opus offers help.
CaixaBank Asset Management selects SimCorp Dimension
To automate investment management processes and workflows.
Flywire’s invoicing service emerges from beta
US company adds new international invoicing service to its offerings.
UK regulator knocks out seven shades of fintech hits
Another speech. Another conference. Another plan.
It’s now and NEVA for NICE’s robotic virtual attendant
NICE work if you can get it. And you can get it – if you buy.
London Block Exchange adds five new coin offerings
LBX stands out in a tighter crypto-regulation environment with five new coin offerings.
Convergence of RPA and AI: the changing landscape in banking compliance
Robotic process automation and artificial intelligence are transforming the regulatory compliance landscape in banks.
Barclays CEO fined to tune of £640,000 over whistleblower antics
Give us this day our Staley bread; and forgive him his trespasses.
CBA charged the dead
Death is no excuse when it comes to banking fees.
Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
Mortgages shine in Castlight Financial’s open banking pilot
First pilot goes live for Scottish firm’s “Affordability Passport”.
Christine Lagarde, IMF: an even-handed approach to crypto-assets
A judicious look at crypto-assets leading to neither crypto-condemnation nor crypto-euphoria.
PaymentComponents and Infosistema API framework bags Portugal win
Caixa de Crédito Agrícola Mútuo de Mafra chooses AplonAPI.
Compliance in finance: why written note-taking will no longer stand up as evidence
Banks that get this right will be stealing a march on competitors.
Central Bank of Sri Lanka preps fintech regulatory sandbox
Central Bank of Sri Lanka is asking stakeholders to share their views by 31 May.
Open banking platform Token authorised by FCA
Token is now an official AISP and PISP in the UK.
Wolters Kluwer supplies regtech to CKV Spaarbank
CKV Spaarbank opts for Wolters Kluwer’s flagship OneSumX solution.
Erste Bank Hungary in paytech revamp with ACI Worldwide
Erste Bank Hungary (EBH) implements ACI Worldwide’s UP paytech suite.
PSD2 and the need for common security standards
Common standards for secure data exchange and robust authentication of PSPs’ interfaces are needed.
US sanctions impact on Hong Kong fintech
The stakes could not be higher.
Singapore to fast track applications for fintech inventions
Approval can now be granted in as quickly as six months.
Appian and KPMG expand AI alliance
All in the name of the “intelligent automation” game.
Secure Trust Bank in regtech project with Jaywing
Jaywing’s Echelon will automate commercial IFRS 9 processes at Secure Trust Bank.
Stanbic Bank Zambia in regtech automation with BankBI
Stanbic Bank Zambia chooses cloud-based BankBI for regulatory reporting.
HooYu brings KYC tech to gold-as-currency enabler Glint
The appeal of gold as an investment remains strong.
2018: the year of data, data, data
Three “mega-trends” pointing the way to the future needs of clients and the changes banks must undertake to remain relevant.
Regtech start-up ClauseMatch lands £3.6m funding
ClauseMatch raised £3.6 million ($5 million) from Index Ventures and other investors.
MiFID II – the long tail of legal documentation repapering
The requirement to repaper legal documentation must now be treated as business as usual.
Wells Fargo whacked with $1bn fine for lending violations
For US auto-loan administration and mortgage practices.
Top fintech stories this week – 20 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
More API success in Portugal for PaymentComponents and Infosistema
Caixa de Crédito Agrícola Mútuo da Chamusca signs up.
Regulatory sandboxes in LatAm and Caribbean – Inter-American Development Bank report
Available in English and Spanish.
The evolution of regtech
The industry has proven itself to be resilient and, as always, it will find a way to adapt.
