FICO fights financial crime with Falcon X
A unified environment for the detection and investigation of both fraud and financial crimes.
Risk Management
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.”
Big gains in the cloud, especially for small banks
But will putting our data in the cloud put our data at risk?
Challenger investment firm founder launches legal action against UK PM Boris Johnson
SCM Direct founding partner, Gina Miller, takes the Brexit battle to court once again.
Experian A/NZ acquires Australian fintech Look Who’s Charging
The deal will bolster Experian’s open data offering in the region.
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Top fintech stories this week – 23 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The cloud journey for market infrastructures
Some steps to ensure cloud-based is successful and meets the approval of regulators.
Accenture acquires financial risk advisor Parker Fitzgerald
Accenture responds to the evolving risk landscape in financial services.
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ECB discovers data breach in bank newsletter
It is the second time in five years.
Desjardins spends CAD 70m related to data breach
It’s offered the affected accounts a credit monitoring plan and identity theft insurance.
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!
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
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.
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.
Almost half a million Monzo customers affected by data breach
The data leak allowed staff engineers access to PINs stored in encrypted log files.
SVS Securities enters administration
The FCA has opened an investigation into the company.
Insurwave onboards Xceptor to digitise insurance documents
Xceptor uses AI to to extract and transform any type of data from any source.
Are non-bank payment service providers doing enough to protect customers’ funds?
Some heady advice for non-bank PSPs to avoid regulatory action.
The importance of specialised standard software for MAD/MAR compliance
Experience and insights from three years of practical use.
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
