ClearBank taps ThetaRay for cloud-native Sonar AML solution
ClearBank will utilise ThetaRay’s tech for AML monitoring, providing flexibility as it scales.
RegTech
High-performing teams and trust via vulnerability
Trust is earned and not built overnight. It’s a slow process but a few key actions can speed it up.
From eID wallets to soulbound tokens: future-proofing digital identity
The next five to seven years will usher in a completely new era of digital IDs.
Two suspects arrested in Estonia accused of $575m crypto fraud
Both defendants appeared in court in Tallin and are being held pending extradition to the US.
Featurespace bags funding from US, UK govs to build new financial crime detection solution
Featurespace is developing an AI-powered system to help banks and PSPs detect financial crime.
FCA warns stock trading apps against gamification
The regulator is “concerned about problem behaviours” linked to trading app design.
UBS partners iProov for automated customer biometric ID onboarding
With face verification tech, UBS key4 customers can onboard remotely in five minutes, iProov says.
Why zero trust security is central to operational resilience – and regulatory compliance
Designing systems with a zero trust approach built in must become a fundamental step in the security process.
Railsr taps Featurespace to boost payment fraud and AML protections
Railsr will utilise card and payment fraud prevention and AML solutions through Featurespace’s ARIC hub.
FinTech Futures Jobs: Here’s why it’s important to understand and embrace neurodiversity at work
Check out the vacancies at these firms that support neurodiversity through awareness programmes and hiring processes.
Regnology acquires Belgian regtech b.fine
Regnology CEO says they were attracted to the “strong synergies” between the two companies’ offerings.
Research: Tech blockers 2022 – cutting the costs of AML compliance
Opportunities and barriers on the road to wider adoption of effective AML screening technology.
Iceland’s Arion Bank taps Lucinity to boost AML protection
Lucinity says its AML tech helps banks and fintechs increase their compliance productivity by more than 50%.
Kuda launches in the UK with tell.money’s open banking compliance tech
Kuda says its UK launch “is the first step in its global expansion to serve overseas based Nigerians”.
DFSA fines Bank of Singapore $1.1m citing inadequate AML controls
The regulatory authority also says that the bank acted outside the scope of its DFSA licence.
Blockchain intel firm TRM Labs scores $70m expanded Series B
TRM will use the cash to invest in product development and new hires to meet growing demand for its services.
iBanFirst taps Fenergo for client lifecycle management solution
iBanFirst says Fenergo’s tech will allow it to offer “faster and more effective” digital customer onboarding.
US OCC to establish office of fintech next year
The OCC says it wishes to “bolster its expertise and ability to adapt to a rapidly changing banking landscape”.
FCA kickstarts discussion on Big Tech’s impact on competition
The regulator says Big Tech firms have the potential to change market outcomes quickly.
Finland’s S-Bank taps Worldline for card fraud management solution
The Worldline Fraud Management Suite can detect fraudulent payments before they are even processed.
DFSA introduces new “crypto token regime” to boost digital asset regulation
The DFSA says it is a “progressive regulator” that recognises the growing interest in crypto.
Banking Technology Magazine November 2022 issue out now
Cover story: TAKING THE LEAD – Women are inspiring fintech teams.
Infographic: Banks look to risk orchestration technology to combat rising threat of fraud
Brought to you by LexisNexis Risk Solutions.
Target Group hires compliance veteran Kathy Griffin as chief risk officer
Griffin joins from UK challenger Monzo, where she held the position of director of compliance.
Danish investment bank Saxo taps Baffle for global data encryption solution
The bank will integrate Baffle’s Data Protection Services platform.
Diebold Nixdorf partners Featurespace for real-time fraud prevention tech
Diebold Nixdorf will integrate Featurespace’s ARIC Risk Hub into its Vynamic Payments platform.
Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
Table bookings now open for Banking Tech Awards 2022
The awards gala will take place at the fabulous Royal Lancaster Hotel in London on 1 December 2022.
QUBE Events gathers world-leading payments & regtech experts in Cyprus
The 12th NextGen Payments & RegTech Forum is taking place on 2-3 November in Cyprus.
Europe fintech funding round-up: Payable, Axyon AI, Cube and HeidiPay
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Orange Bank takes sanctions screening real-time with SAS and Neterium
The AML-CTF platform powered by SAS and Neterium is “a game-changer”, says Orange Bank’s deputy CEO.
La Banque Postale automates regulatory reporting with Regnology
Abacus360 Banking will become the bank’s single platform for the European and French reporting regimes.
Sibos 2022: How to avoid a digital identity crisis
Bianca Lopes makes the case why banks, FIs and regulators should be paying attention to digital identity.
Sibos 2022: How SmartStream draws wisdom from the noise of data
FinTech Futures chats with Andreas Burner, CIO at SmartStream, about the benefits of AI/ML tech.
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
FinTech Futures Jobs: How to assess a company’s culture before you say yes to a job offer
How to ensure that you invest your time and career in a company whose culture aligns with your values.
Industry report: Funds disbursement in Europe – speed alone is not enough
Commissioned by Visa, the report takes a deep dive into funds disbursements in Europe to explore the current state of the market.
Report: Banks and the digital payments revolution
Global research by Visa reveals how banks can prosper amid the disruption.
Kim Kardashian hit with $1.26m SEC fine for crypto promotion violations
The SEC says Kardashian failed to disclose the payment she received for promoting EMAX tokens, a crypto asset.
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
