Lemon Way selects Accuity for financial crime compliance
Decision follows a period of growth for Lemon Way.
Regulation
FCA orders Vanquis to repay customers £168m for price disclosure fails
Also hit with fine of £1.97m for not disclosing full price of an add-on product.
FCA calls for smarter regulatory reporting
Looking for views on how technology can help firms meet their regulatory reporting requirements.
Challenger bank Monzo in head of compliance search
Monzo: “We’re looking for a pragmatic, collaborative and experienced head of compliance.”
Vermeg buys regtech firm Lombard Risk for £52m
Vermeg takes over risk management and regtech firm Lombard Risk.
BIAN plans API hours with new guidelines
Banking Industry Architecture Network publishes updated version of its standardised global IT architecture model.
CBA and ING complete regtech pilot fling
To simplify information processing and regulation implementation using MiFID II as test case.
UK politicians to investigate digital currencies and blockchain
Treasury Committee launches new inquiry to work out the opportunities and risks.
FCA and CFTC to collaborate on fintech innovation
Financial Conduct Authority and Commodity Futures Trading Commission have signed an arrangement for UK-US initiatives.
US Bancorp hit with $613m fine for AML fails
Anti-money laundering activities not noticed due to a lack of staff and resources.
AnaCredit – turning compliance into opportunity
An opportunity to improve ROI on existing infrastructure and use data for strategic decision-making.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
South African Reserve Bank mulls cryptocurrency regulations
Will also experiment with distributed ledger technologies – and ConsenSys helps out.
UK regulator pushing hard on GDPR compliance
Financial Conduct Authority looking to get firms ready for the EU General Data Protection Regulation.
Singapore regulator gives customer onboarding guidance
New guidance on the use of tech solutions for non-face-to-face customer onboarding.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
ADGM heads e-KYC utility project in UAE
Abu Dhabi Global Market has started the development of an electronic know your customer utility.
Blockchain and Bitcoin round-up: 5 February 2018
Includes Lloyds, Bank of America, JP Morgan, Facebook and DeVere Group.
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.
