Fintech funding round-up: 27 March 2018
Features Candex, MarketInvoice and Konsentus.
RegTech
Bank of Ceylon combats financial crime with CustomerXPs’ tech
Sri Lankan bank has signed for Clari5 real-time AML solution.
NICE Actimize brings AI tech to financial crime investigation
NICE Actimize has launched an artificial intelligence (AI) enabled investigation management system.
UK government fires up fintech with sector strategy salvo
The nation’s overlords set out their ambitious “Fintech Sector Strategy”.
Cryptocurrency and tax compliance: navigating the new world of digital money
All you need to know about US tax compliance concerns associated with cryptocurrencies.
Mastercard and IBM join forces for new “data trust”, Truata
Truata is an independent trust to enable companies conduct analytics while complying with GDPR.
Isabel Group and norbloc to pilot blockchain KYC project
Working together with Belfius, BNP Paribas Fortis, ING and KBC.
FATF inspects UK’s defences against terrorist financing and money laundering
The Financial Action Task Force (FATF) is on the UK soil putting the country through its paces.
Eastern Caribbean Central Bank to pilot blockchain tech with Bitt
A fintech pilot using blockchain tech to be carried out in the ECCB eight member countries.
Styles&Wood gains two regtech deals in UK
Go Car Credit Limited and Chetwood Bank sign for the Arctick regtech solution.
First Abu Dhabi Bank deploys Fircosoft global sanctions screening tech
First Abu Dhabi Bank is “setting the standard for financial crime compliance in the Middle East”.
New clients in the Netherlands and Malaysia for Wolters Kluwer
ABN Amro and SME Development Bank sign for Wolters Kluwer’s OneSumX regtech software.
To become “cyber ready”, banks need to get to know their IT systems
The steps financial services firms need to take to keep up with regulation and protect against cyber threats.
Leumi ABL selects Encompass for KYC compliance
Asset-based lending subsidiary of Bank Leumi (UK) looks for improvements.
Top fintech stories this week – 2 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
Lemon Way selects Accuity for financial crime compliance
Decision follows a period of growth for Lemon Way.
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.
FCA and CFTC to collaborate on fintech innovation
Financial Conduct Authority and Commodity Futures Trading Commission have signed an arrangement for UK-US initiatives.
Onfido to provide digital ID verification tech to Bitstamp
Onfido has been selected by Bitcoin exchange Bitstamp to provide its ID verification during onboarding.
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 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.
ADGM heads e-KYC utility project in UAE
Abu Dhabi Global Market has started the development of an electronic know your customer utility.
Fenergo and Arachnys forge strategic partnership
Client lifecycle management tech specialist Fenergo has formed a strategic partnership with regtech provider Arachnys.
Figo releases RegShield for PSD2 field
German banking service provider launches its new “Licence-as-a-Service” solution.
UK’s new watchdog shows AML instinct
Office for Professional Body AML Supervision is unleashed.
Drowning in regulation
With more and more regulations being added and enforced, how can companies keep up?
iSignthis and Worldline finalise payments partnership
Proof that digital identity proofing company iSignthis has done it.
Top six trends in payments
What trends will be impacting the payments industry this year?
Atos aims for fintech affinity with new trinity
Unleashes three new initiatives to tap into fintechs, insurtechs and regtechs.
Four regtech trends of 2017
Cast your mind back to 2017. Did the trends predicted shake the industry as much as we thought?
Lithuania’s central bank to launch blockchain sandbox
LBChain platform “could be ready to launch” in 2019.
Danske Bank UK picks Datactics data quality software
Used for single customer view processes in Northern Ireland.
Cake4Good fintech charity bake off!
Where you can bake it! Fake it! Or buy it! In support of The House of St Barnabas.
