Blockchain and Bitcoin round-up: 5 February 2018
Includes Lloyds, Bank of America, JP Morgan, Facebook and DeVere Group.
Regulation
SEC stops alleged AriseBank ICO scam
To prevent investors being “victimised by what we allege to be an outright scam”.
ANZ CEO seeks better banking PDQ
Sends lengthy letter to staff urging restoration of customers’ trust in wake of commission on banking misconduct.
Figo releases RegShield for PSD2 field
German banking service provider launches its new “Licence-as-a-Service” solution.
UK government puts its heart into Digital Charter
Pushing new standards to keep digital economy, cybersecurity and tech investment on track.
Drowning in regulation
With more and more regulations being added and enforced, how can companies keep up?
Microsoft gets support of privacy groups in data battle against US
Privacy International files an amicus brief on behalf of 26 organisations in support of Microsoft.
HSBC can’t dodge DoJ’s $63m fine for major FX up
Part of a three-year deferred prosecution agreement with the US Department of Justice.
iSignthis and Worldline finalise payments partnership
Proof that digital identity proofing company iSignthis has done it.
Four regtech trends of 2017
Cast your mind back to 2017. Did the trends predicted shake the industry as much as we thought?
Danske Bank UK picks Datactics data quality software
Used for single customer view processes in Northern Ireland.
Is the UK Department of Digital, Culture, Media and Sport the real life DOSAC?
It’s like the UK government is taking advice from the writers of “The Thick of It”.
Jefferies goes live with Percentile’s RiskMine Cube
London-based investment bank shows its love for RiskMine Cube.
Regtechs all the rage in Accenture’s latest innovation lab
Having their own dedicated stream for the first time.
Magazine: RiskMinds International 2017
Welcome to the first RiskMinds International magazine!
Top five regtech stories in 2017
Regtech was all the rage, so let’s have a brief look with Banking Technology’s top five.
Top ten fintech features in 2017
What a merry time it was for fintech features in 2017.
Top fintech stories this week – 22 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Bahrain Middle East Bank chooses Wolters Kluwer’s OneSumX for Finance
Will provide the basis for its core banking and reporting system.
EU sets in motion rules to tackle cryptocurrency money laundering
Plans to apply tighter rules to prevent money laundering and terrorism financing on cryptocurrency exchange platforms.
FCA publishes feedback on distributed ledger technology
The responses on the potential for future development of DLT in the markets it regulates.
New York dismisses lawsuit against OCC fintech charter
Lawsuit dismissed against the US Comptroller of the Currency (OCC) over charter plans.
UBS seeks global finance and risk tech CTO
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
China Merchants Bank opts for OneSumX regtech solution
China Merchants Bank chose Wolters Kluwer’s OneSumX for its regulatory reporting activity in Luxembourg.
Regulatory reporting automation: mid-size banks face increased regulatory scrutiny
As regulations evolve globally, data has become both an essential currency and a pain point for financial institutions.
Banking Technology December 2017/January 2018 issue out now
In the eye of the storm we provide clarity.
Banking Technology Awards 2017: and the winners are….
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
PSD2: regulation as a catalyst for innovation
PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but its effect will be more far-reaching, acting as a catalyst for innovation not just in payments, but in the wider financial services market.
GDPR vs PSD2: a challenging contradiction or two sides of the same coin?
Are GDPR and PSD2 really that dissimilar and incompatible? Or do they combine to create a robust security mind set?
UK regulator finally acts as compere for bank account compares
Nothing quite compares to go compare for bank accounts in the UK.
Rise of the machines will be monitored
The Financial Stability Board has stated in its first report on AI that the risks they pose need monitoring.
Blockchain and Bitcoin round-up: 11 December 2017
Featuring the Gibraltar Parliament; Cboe Global Markets; and Waves Platform, Ethereum and Deloitte teaming up.
Fintech companies will be a new kind of business in 2018
Fintech companies will find that they are a different kind of business in 2018 than they were in 2017.
Report: Global security spending will top $96bn in 2018
New regulations are forcing enterprises to spend more of their IT budgets on security.
Infographic: GDPR & B2B marketers – less aware but more prepared
According to the latest research by DMA, a UK trade association for the one-to-one marketing industry, those in the B2B space are trailing slightly when it comes to having a detailed awareness of what the new General Data Protection Regulation (GDPR) laws entail.
White paper: eIDAS and e-signature – a legal perspective
In this eIDAS paper, legal expert Lorna Brazell of Osborne Clarke LLP explains electronic signatures under the EU’s new Electronic ID and Trust Services Regulation.
Top fintech stories this week – 1 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Stress is less for banks after Bank of England test
It’s been a good year for banks as in a first since the launch in 2014, the (BoE) reveals that no bank needed to strengthen its capital position as a result of its latest stress test.
EC’s PSD2 regulatory technical standards set for 2019
With PSD2 on its way in January next year, the European Commission has confirmed the deadline for its regulatory technical standards (RTS) will be around September 2019. By way of recap, the security measures outlined in RTS stem from two key objectives of PSD2: “ensuring consumer protection and enhancing competition”. RTS introduces requirements that payment […]
Debunking six myths on regulatory sandboxes
We are living through a period of unprecedented innovation in finance, and regulators know they need to adapt to keep up with the fast pace of change. To understand and manage the risks posed by new products, services, and business models, many financial authorities are setting up regulatory sandboxes or reglabs.
