Customer involvement in fraud mitigation
Pressure for speed has impacted the time available to ensure accuracy.
Risk Management
MLRO’s in the regulatory “cross-hairs”
The role of AML compliance officer/MLRO has never been more challenging.
MoneyLive 2019: Here Mobility to help banks react to Uber and Grab’s financial play
The firm is offering a white label mobility solution to banks.
MoneyLive 2019: Neobanks “regularly” share tips on financial crime, says exec at Natwest’s Bó Bank
Collaboration between new banks is “pretty impressive”.
Revolut appoints new group chief risk officer Pierre Decote
Ex-Goldman Sachs, HSBC and Barclays execs have also been hired.
Explained: The ECB’s role in the banking licence process & UK’s licensing procedures
Cécile Sourbes unpacks the process of licensing in the UK.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Regional KYC utilities: Genesis of global collaboration on shared compliance platforms
Several countries are now adopting this model of a unified platform.
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
ING invests in regtech Ascent
The Dutch bank backs AI-driven regulatory compliance solutions.
Immersive Labs lands $40m investment round, opens Boston office
The start-up sees clear demand for cybersecurity support in North America.
PRA warns insurers over work culture
Staff must feel able to speak up about their concerns.
Monzo hires new CRO with blue chip banking career
Lisa Nowell leaves ClearBank after just six months.
Banking Technology November 2019 issue out now
The identity challenge.
Investor rights lawyers investigate Wirecard securities fraud
Earlier this year, white-collar crime investigators raided Wirecard’s offices in Singapore.
Can compliance directors successfully reposition themselves as business leaders?
The role of banking compliance is in mid-evolution.
Facebook’s Libra suffers additional regulatory scrutiny
FSB & G7 leaders believe it should halt operations until legal oversight is completed.
National Bank of Canada goes live with Murex’s MX.3 Risk and Regulatory Suite
Bank aims to meet future FRTB obligations.
Banking Technology October 2019 issue out now
Lessons from Africa.
20th Banking Technology Awards: showcase your brand to decision-makers at banks
Get your brand seen by the brightest and most innovative decision-makers in the industry and network with them at a spectacular gala ceremony!
Atloona Bank partners with CSI in the face of cybersecurity risks and tighter regulations
CSI will become the bank’s new managed services provider.
ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
LendIt Fintech Europe 2019: digital identity – a nut that remains to be cracked
Over time, like the isolated email systems before them, digital identity solutions will become interoperable.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Sibos 2019 video: Simon Wilson, director of payment solutions at Icon Solutions
Here, he speaks about the firm’s new collaborative payments platform.
FICO fights financial crime with Falcon X
A unified environment for the detection and investigation of both fraud and financial crimes.
Behind the music: Tuning the noisiness of your KYC
Scanovate’s KYC Orchestra has been doing full tours in the EU, Latin America, Israel and the US.
Research reveals Belgium issued 95% of AML fines in last four months
Authorities handed down three AML-related fines May, totaling to $336.7 million.
Confirmations bring peace of mind to cross-border payments
Swift is working on a new universal confirmations initiative.
Tel-Aviv based Kovrr raises $5.5m
The new funding will accelerate the company’s global expansion plans.
Tax app untied receives authorisation from FCA
It can take full advantage of open banking.
SmartStream RDU launches SFTR security reference data service
Gathering data required under SFTR could prove to be a headache for most firms.
FCA steps up efforts to ensure firms are getting ready for a no-deal Brexit
This includes ads about its FCA Brexit webpages and a dedicated phone line.
New challenger bank Zenus picks NICE Actimize AML tech
The bank wants a cloud-focused financial crime strategy.
BNP Paribas teams up with Kantox
This enables them to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ EMEA clients.
Revolut withdraws banking licence application in Luxembourg
It needs regulatory approval from an EU27 state to maintain EU single market access post-Brexit.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Cyber landscape, threats and trends in financial services
Investment in emerging technologies is likely to be a key theme next year.
Distributed compliance is the key to banks increasing CDD and KYC challenges
We must we re-imagine risk management and compliance.
PPI-type scandals could return warns banking regulator
“When things get desperate, banks tend to take more risk.”
