RegTech

Are these the weirdest ways the European Banking Authority would allow customer authentication?

From vein recognition to the way people write, the European Banking Authority has revealed some odd ways customers can prove their identities under the new SCA rules.

Online payment fraud losses to exceed $343bn over next 5 years

Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.

Theta Lake bolsters leadership team as the RegTech is set on scaling the business

Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.

T-Mobile confirms data breach after 100 million customers compromised

T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Custodia's CC1 Service: Revolutionizing communication compliance in the era of hybrid work

Custodia’s CC1 Service: Revolutionizing communication compliance in the era of hybrid work

The Central Bank of Ireland recently conducted a Conduct Risk Assessment of Telephone and Electronic Communications in the securities market. This crucial assessment aimed to evaluate compliance with the Markets in Financial Instruments Directive (MiFID II), especially Article 16(7), which mandates firms to prevent the use of unauthorised communication.

Apiax said to secure funding to support its move into Germany

Digital compliance platform Apiax has reportedly received an investment from the Futury Regio Growth Fund to help its move into Germany.

Loyalty fraud incidents are on the rise

Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.

Reserve Bank of New Zealand underlines rising bank resilience from stress tests

Recent stress tests by the Reserve Bank of New Zealand (RBNZ) have shown increasing resilience in the banking sector and the benefit of continue to build capital buffers.

Refinitiv to deploy its anti-money laundering solutions for STC Pay

RegTech company Refinitiv has been tapped by STC Pay, the financial arm of the Saudi Telecom Company, to help it comply with know your customer and anti-money laundering regulations.

90% of US consumers want added security measures on mobile transactions, study finds

A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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