Designing systems for real-time risk management
Common data challenges and how to overcome them.
RegTech
AI will explain it to you
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
ECB issues Big Tech warning as it promises digital euro
European suppliers are essential in the building of technology on which a digital euro will operate.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
How to improve CX without sacrificing security
Finserv is an area where many are turning to customer identity and access management (CIAM).
Lanistar comes under UK advertising watchdog’s microscope
The regulator says it “received complaints about ads for Lanistar”.
Navigating the new normal – how to redefine KYB and enhance the SME experience
The “one size fits all” approach to compliant onboarding is simply no longer relevant.
E-book: The dawn of end-to-end AML compliance
The components of an end-to-end AML compliance solution and how to put your organisation on the right path.
Monzo replaces chief risk officer Lisa Nowell
Nowell leaves after just over a year in her position.
Jumio discusses the importance of video-based identity verification
“With video, we can reduce onboarding time from days and hours to minutes.”
The question of building backdoors into encryption
The battle between tech companies and authorities.
Chinese regulator continues to clamp down on dominant fintech players
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
Brazil prepares launch of new regulatory sandbox
Country’s central bank wants “integrity, reliability, and security” from participants.
US Department of Justice moves to block $5.3bn Visa-Plaid deal
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
Nordic Capital acquires RegTech from BearingPoint
Private equity group plans to boost RegTech’s international footprint.
You are not everybody
With remote working, productivity may be up. But what about creativity and serendipity?
Typing authentication – the future of compliance
Cristian Tamas, TypingDNA’s co-founder and CMO, explains why he thinks the firm landed a PayTech Award.
Deepfakes in finance: a threat to be wary of?
Fraudsters are turning to synthetic identities to open new accounts.
ECB blames Target2 outage on third-party vendor
The outage was not prevented by the failover solution in place.
Capital requirements can impede innovation, says panel
One member of the panel thinks the FCA should look into its capital requirements.
A banker goes a-banking, volume 7: why can’t we be friends?
What 15 years of digitisation & modernisation have gotten us from the consumer’s point of view? It’s not looking great.
Report: Cloud readiness – banking technology in transition
Cloud-ready SDS IREG enables customers to take the step towards next-generation tax reporting.
Indian regulator IFSCA opens fintech regulatory sandbox for applicants
Once the regulator has decided on applicants, it will determine the conditions of the sandbox.
Restrictive covenants during COVID-19: are they enforceable?
Can you enforce such clauses in a post-pandemic world – and should you?
FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal
The investigation found that GSI breached a number of FCA and PRA principles and rules.
FCA survey shows 12 million UK adults struggling with debt payments
“Our surveys have shown that younger and BAME consumers have been impacted more than others.”
FinTech Futures Jobs: six skills that can get you hired in fintech
The global market is predicted to grow at a rate of 25% annually – plenty of opportunities for job seekers!
Three major US banks make up half of 2020’s $11.39bn fine total
Together, Goldman Sachs, Wells Fargo, and JPMorgan Chase paid $7.85 billion of this total.
Thoma Bravo buys majority stake in risk and reporting firm AxiomSL
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
Silent Eight lands $9m to help firms tackle money laundering
The start-up says it has doubled its valuation in just over a year.
Enveil CEO: Fragmented AML regulation creates “Russian doll effect”
Williams likens it to the “Russian doll effect”.
Morgan Stanley fined $60m for improper disposal of personal data
The OCC found examples in 2016 and 2019 of failure to oversee third party companies.
OCC issues $85m penalty to USAA Federal Savings Bank
Military-supporting lender found to have failed risk management.
The intersection of digital identity verification and customer empowerment
Mobile onboarding must deliver an experience that is secure and friction-free.
Citi to pay $400m OCC fine for risk management failures
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
Banking Technology October 2020 issue out now
Educate, advocate, invest: It’s not enough for companies to pay lip service.
FinTech Futures Jobs: eight tips for landing a job in a new city
And make sure to check out Fintech Futures Jobs for a variety of excellent vacancies!
