Fintech funding round-up: 27 March 2018
Features Candex, MarketInvoice and Konsentus.
Compliance
NICE Actimize brings AI tech to financial crime investigation
NICE Actimize has launched an artificial intelligence (AI) enabled investigation management system.
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.
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.
US Fed preps for next phase of payments push
All part of Fed’s ambition to revamp nation’s payments system by 2020.
PayPal settles FTC complaints over Venmo vagueness
FTC reaches settlement over allegations that PayPal provided inaccurate payments information to Venmo users.
GreenKey teams with IPC to develop AI-based speech recognition solution
Will convert real-time voice into useable data for financial market participants.
Vermeg buys regtech firm Lombard Risk for £52m
Vermeg takes over risk management and regtech firm Lombard Risk.
CBA and ING complete regtech pilot fling
To simplify information processing and regulation implementation using MiFID II as test case.
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.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
IdentityMind Global launches anti-fraud solution for ICOs
Trusted digital identities firm has unveiled its KYC Plug-in for ICOs.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
Trunomi closes $3.5m round from CloudScale Capital
Consumer consent and data rights company collects some cash.
Blockchain and Bitcoin round-up: 5 February 2018
Includes Lloyds, Bank of America, JP Morgan, Facebook and DeVere Group.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
Drowning in regulation
With more and more regulations being added and enforced, how can companies keep up?
Trulioo launches KYC tool to connect MNOs
Will work with 24 MNOs from the US, Canada, the UK, China, India, Spain, France, and Switzerland.
Open banking: what you need to know
The landscape for financial services is changing, and the jury is still out on how the endgame is going to play out.
Four regtech trends of 2017
Cast your mind back to 2017. Did the trends predicted shake the industry as much as we thought?
Commerzbank to implement Ideagen’s audit tech
Ideagen’s Pentana Audit will be used for Commerzbank’s internal audit operations.
Magazine: RiskMinds International 2017
Welcome to the first RiskMinds International magazine!
Meed leverages ID verification tech from Jumio to serve the underbanked
Identity verification tech provider Jumio has teamed up with California-based fintech Meed.
Top fintech stories this week – 22 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
UBS seeks global finance and risk tech CTO
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
Regulatory reporting automation: mid-size banks face increased regulatory scrutiny
As regulations evolve globally, data has become both an essential currency and a pain point for financial institutions.
Banking Technology December 2017/January 2018 issue out now
In the eye of the storm we provide clarity.
Unibank becomes Armenia’s first bank to comply with Swift security standards
Unibank is now fully compliant with the required standards of security for the Swift payment infrastructure.
White paper: eIDAS and e-signature – a legal perspective
In this eIDAS paper, legal expert Lorna Brazell of Osborne Clarke LLP explains electronic signatures under the EU’s new Electronic ID and Trust Services Regulation.
Debunking six myths on regulatory sandboxes
We are living through a period of unprecedented innovation in finance, and regulators know they need to adapt to keep up with the fast pace of change. To understand and manage the risks posed by new products, services, and business models, many financial authorities are setting up regulatory sandboxes or reglabs.
Blockchain and Bitcoin round-up: 21 November 2017
From major crimes to KYC times. Our latest blockchain and Bitcoin round-up features Tether, Metal, Deutsche Bank and IBM. Digital currency firm Tether is feeling under the weather as it has reported that “funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker”. The amount is a rather large […]
BNP Paribas in “global transformation” with Fenergo’s client lifecycle management tech
Fenergo says its flagship Client Lifecycle Management (CLM) solution has been selected by BNP Paribas “as part of its global transformation project”.
RiskMinds Live: streamed sessions from RiskMinds International
We’re live streaming from RiskMinds International 2017!
Blockchain and Bitcoin round-up: 16 November 2017
Coming straight after yesterday’s (15 November) action, here’s our latest blockchain and Bitcoin round-up. Features Mastercard in a patent place, ING Bank opening up, and another warning from the UK’s Financial Conduct Authority. Let’s start with yet another patent. Mastercard has jumped on the blockchain payments bandwagon by filing “Method and System for Instantaneous Payment […]
Reality Clash looks to make cash splash with cryptocurrency trading
While the fintech industry is no stranger to initial coin offerings (ICO) as a method of sourcing capital for start-ups, a firm is offering a novel way to make money via cryptocurrency trading.
Biometrics: a question of standards and yet more questions
Watching the recent of smartphone launches, I am taken aback by just how much smartphone manufacturers have led to the normalisation and acceptance of biometrics by consumers.
The changing face of financial crime compliance
Paul Taylor of Swift’s Financial Crime Compliance Services Division discusses the evolving compliance landscape and the critical role of technology in helping the industry come together as a whole to combat financial crime.
Correspondent banking: it takes two to tango
The global correspondent banking network is under pressure in several countries as some financial institutions close relationships. While financial inclusion continues to climb the agenda of regulatory authorities and financial institutions pledge their support, the de-risking taking place in correspondent banking threatens to scupper inclusion.
