EBA calls for EU-wide set of anti-money laundering rules
European regulator says national rules have had “an adverse effect” on AML.
European regulator says national rules have had “an adverse effect” on AML.
FinTech Futures speaks to Fenergo’s Rachel Woolley about the rise in penalties.
Any organisation that profits from selling age-restricted products and services should be held accountable.
How face-based biometrics and AI can deliver smooth digital onboarding and stamp out fraud.
The banking questionnaire covers initiatives that could support the uptake of regtech solutions.
Bill Deng, CEO of XTransfer, unpacks how banks have snubbed a large number of long-tail customers.
Can today’s PKI encryption techniques fill the promise of inherently secure data?
Correspondent banking represents one of the most vexing dilemmas for financial institutions and regulators.
Encompass technology implemented into Accuity’s Bankers Almanac solution.
FCMC fines Latvian private bank after on-site inspections.
Flourish Ventures led the round, with new support from Stripe alumni Lachy Groom and Jon Zieger.
Rabobank, ING, ABN Amro, Triodos Bank, and de Volksbank make AML move.
Ziraat’s new tech – Natech Core Banking CSB2 and Poseidon AML – reduced IT costs and operational complexity.
Identity verification serves many benefits to organisations seeking to build trust in their online channels.
A number of onboarding steps can be automated, streamlined and simplified to deliver a better customer experience.
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
Customers include Commerzbank, solarisBank, N26, and UniCredit.
The Swedish bank failed to identify risk among its subsidiaries.
Can we leverage AI to enhance the effectiveness and efficiency of adverse media screening?
Lanistar landed a $2.5 million seed investment in March.
Fenergo will switch out Aviva’s KYC, AML, and CDD services.
Blockchain and other DLT secure data by making it immutable.
The London branch of the bank dragged up for issues between 2012 and 2017.
The fintech says it will allow merchants to pay a lower transaction processing cost.
Real-time payments and fraud: balancing customer relationships and security.
To effectively manage fraud risk, companies should use advanced analytics techniques.
The fintech’s sandbox is regulated by the FCA.
The roll out of ThetaRay’s solution across Santander began in Q4 2019.
How to achieve end-to-end identity verification and authentication in today’s digital world.
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
Restrictions related to growth within The Bancorp’s Payments businesses are removed.
Safely onboard more customers, supercharge your operations team, address identity AML & KYC compliance.
The EC wants to “shut down” any “loopholes” and remove any “weak links” in current rules.
It is not possible to overplay the economic and reputational importance of compliance.
Data that is submitted manually for compliance in many cases can be erroneous.
“The cloud is a big investment for us, as we believe it’s the future.”
Both firms will collaborate on the creation of financial crime solutions.
How to comply with the legislation and ensure that appropriate safeguards and additional checks are in place.
The start-up wants to create an alternative “identity verification” layer for the internet
“There is no better referral than within an existing organisation,” says CEO.