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Banks gravitate to blockchain to cut $3.6tn compliance costs

Distributed ledger technology is now something that banks are taking very seriously, however, with blockchain-based systems potentially enabling them to save billions.

Capnovum is boosting compliance with AI

Capnovum solution slashes the time needed to keep up with regulations from weeks to minutes. The startup is now ambitiously accelerating the growth of its industry agnostic platform.

The future of banking is in specialism, not an all in one solution

The future for challenger banks is through specialism, not becoming a one-stop shop for everything, according to OakNorth deputy CEO Graham Olive in a research interview with FinTech Global.

Revealing the most corrupt countries in the world as new report paints “grim picture”

Two out of three countries fail to tackle corruption effectively, which paints "a grim picture of the state of corruption worldwide", according to Transparency International's latest report.

Should AI be made accountable for its decisions?

It is hard for AI to be made accountable for an error, you need a human there to help support judgements made, according to a panel at the Global RegTech Summit 2019.

How can you stay compliant in 2021?

The regulatory hoops businesses must jump through are growing increasingly complex. So how can firms ensure that they remain compliant in 2021?
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A standardized API would help ease PSD2 compliance burdens

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

The west is facing a moment of reckoning on cybersecurity, GCHQ chief warns

The head of GCHQ has claimed the UK and its allies face a moment of reckoning where the global direction of cybersecurity may not be shaped and controlled by the west.

What are the next steps for SCA following postponements to compliance deadline?

Postponements to strong customer authentication (SCA) was the right decision, but regulators must make it clear there will not be a second opportunity for meeting compliance, according to Michael Sass vice president, market product management, security solutions, Europe at Mastercard.

Quantifind’s new COO warns firms of the three rising elements of financial crime

Quantifind has had a busy year forming new partnerships and launching new tools. Its latest deal has seen it team up with Polaris to...

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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