Combination of weaknesses led to massive data breach at Desjardins
The incident compromised the data of nearly 9.7 million Canadians.
The incident compromised the data of nearly 9.7 million Canadians.
The regulator calls out Robinhood’s approach of “gamifying” trading.
Swift’s ambitious new strategy to reinvent global financial transactions.
“Compliance doesn’t solve financial crime,” says Fenergo’s Rachel Woolley.
FinTech Futures’ weekly news round-up.
US regulator issued a record number of notices this year, even as fines remain roughly the same
Explainable AI removes removes the last barrier in entrusting transaction monitoring to algorithms.
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
Square enjoyed a 4% jump in stock market value following the announcement.
Oportun currently has licences in 12 states.
The components of an end-to-end AML compliance solution and how to put your organisation on the right path.
Figure wants to simplify its regulatory and compliance procedures.
The battle between tech companies and authorities.
Without limits: The Barclays accelerator races ahead
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
Cloud-ready SDS IREG enables customers to take the step towards next-generation tax reporting.
How should banks provide consumers with what they need and can afford?
Can you enforce such clauses in a post-pandemic world – and should you?
The investigation found that GSI breached a number of FCA and PRA principles and rules.
Agility Bank aims to raise $30 million prior to launch in 2021.
Together, Goldman Sachs, Wells Fargo, and JPMorgan Chase paid $7.85 billion of this total.
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
The start-up says it has doubled its valuation in just over a year.
Williams likens it to the “Russian doll effect”.
FinTech Futures’ weekly news round-up.
The OCC found examples in 2016 and 2019 of failure to oversee third party companies.
Military-supporting lender found to have failed risk management.
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
Educate, advocate, invest: It’s not enough for companies to pay lip service.
Costs, compliance and confusion need to be solved by new technology, says panel.
Download your free copy of the Sibos supplement today!
FinTech Futures’ weekly news round-up.
The OCC is currently in the swings of introducing another special purpose national bank charter.
“Many founders enter the mindset that an hour lost is an hour gained by the competition”.
UK customers can now make GBP deposits to fund their Gemini account.
It’s safe to assume that in time, every business and consumer will expect immediate settlement as a norm.
FinTech Futures’ weekly news round-up.
Changes could be needed on both sides to prevent another FinCEN Files.
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.