Corlytics appoints chief digital officer
She was the former head of regulatory intelligence at Thomson Reuters.
RegTech
UK Treasury makes paying back consumers victim to APP fraud ‘compulsory’ for banks
The phrase ‘gross negligence’ will also be defined.
European regulators conform to EIOPA’s post-Brexit insurance recommendations
NCAs prepared to ensure a smooth transition for UK insurers after Brexit
German bank association fires shots at Libra, calls on politicians and central banks for digital euro
The association wants a crypto led by European commercial banks and politicians.
Banking Technology November 2019 issue out now
The identity challenge.
UK Treasury Committee: Regulators must punish banks for IT failures
UK regulators “must have teeth and be seen to have teeth”.
Payment fraud in sights of UK cybersecurity force
The NCSC claims Operation Haulster is helping banks proactively prevent fraud.
US regulators sign up to Global Financial Innovation Network
The CFTC, FDIC, OCC and SEC are all on board.
TransUnion appoints ex-KCOM exec Mike Davies as COO in UK
Davies grew KCOM’s business value from £50m to more than £500m.
European Commission urged to clamp down on money laundering
A new document is ready to put new AML controls in place.
EBA’s migration deadline for SCA must be seen as a warning
Regulator has given plenty of time for merchants to whip themselves into shape.
Glue42 partners with RocketFin to bring behaviour mining to banks’ regtech suite
Glue42 works with the likes of JP Morgan Chase.
US fintech community dealt blow by federal court as charter is denied
The OCC will be appealing the decision by the US courts.
Uncovering the hidden costs of liquidity
Liquidity is paramount and real time liquidity is now a must-have.
Three million ABN Amro customers face in-person ID checks
Bank is aiming to comply with anti-money laundering regulations
FCA should overhaul EMIR supervision, says ESMA review
FCA ranks bottom among six major EU competent authorities for EMIR data supervision.
RegTech startup Apiax raises $6.6m in Series A round
Firm aims to digitise regulatory compliance into binary code.
FCA will ‘take appropriate action’ against product greenwashing which misleads customers
The regulator will work on “common standards and product disclosures”.
EBA sets December 2020 migration deadline for SCA compliance
European watchdog gives payments industry just over a year to comply.
Industry apathy remains as SFTR deadline looms
Market participants suggest there is a worrying lack of preparedness for SFTR.
FinovateFall 2019 in pictures
There was so much to take in over the three days!
Queen’s Speech reinforces UK’s aim to be world-leading regulator
The report found London has the world’s highest concentration of finserv firms.
US regulators remind FIs of AML obligations for digital assets
The CFTC, SEC and FinCEN point to AML/CFT requirements for digital assets.
FinTech Futures videos: more than just words
Let the world know about your products, services and expertise through the power of FinTech Futures video platform.
China to ditch some foreign ownership limits next year as trade-war concession
Limits to be scrapped for securities, futures and fund management firms next year.
Federal Reserve shelves tougher liquidity rules for foreign banks
Minimum level of liquid assets not required by US branches.
Federal Reserve signs off on Volcker Rule simplification
“Volcker 2.0” to go live in January 2020.
Banks’ culture and governance next target for Australian regulators
There will be “deep dive” reviews if firms don’t deliver.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
Bottomline’s merger with EPG sparks UK regulators to investigate impact to competition
The CMA worries the merger will “result in a substantial lessening of competition”.
PayExpo 2019: We will be taking action, says FCA on insufficient safeguarding
The regulators found banks are delaying safeguarding precautions.
FSB investigating the regulatory potential of stablecoins
Emerging scale could pose challenges, says FSB chair
Mandates and machines: The power of technology to bridge regulatory gaps
The SFTR challenge is complex, but technology can bridge these gaps.
UK government appoints fintech envoy for Northern Ireland
Andrew Jenkins to become lead ambassador for fintech in the country
National Bank of Canada goes live with Murex’s MX.3 Risk and Regulatory Suite
Bank aims to meet future FRTB obligations.
ESAs identify weaknesses leaving high-volume transaction firms open to money laundering risks
The three European Supervisory Authorities (ESAs) publish their second joint opinion.
FCA cryptocurrency investigations rise 74% in 2019
Watchdog having a deeper look at crypto industry.
Australia’s Commonwealth Bank faces 87 charges for unsolicited sales calls
The bank’s insurance arm CommInsure used a third-party telemarketing firm.
FDIC’s McWilliams: Core banking vendors must evolve
Top regulator says that collaboration is the future for all in the industry
Refinitiv extends Matching service to Vietnam
Firm claims the launch the first electronic market for VND FX
