How data-driven suptech can change the game in fighting financial crime
Suptechs are gaining prominence in financial services with pioneers like the EBA and MAS breaking new ground.
Reporting
Navigating the ever-evolving nature of ESG reporting
Businesses need to adapt to meet both stakeholder demands as well as current and future standards.
New small business payments platform Hopscotch seeks to make invoicing hassle-free
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
How GoCodeGreen is aiming to make fintech software net-zero
Eric Zie, CEO and founder of GoCodeGreen, talks to FinTech Futures about the push for sustainable software engineering.
Video: SmartStream on the use of AI and ML for regulatory alignment and transaction reporting
FinTech Futures chats with Jethro MacDonald, product manager at SmartStream.
What the FinTech? | S.3 Episode 4 | Risk, resilience and regulations
In this episode, we’re joined by Wayne Scott, regulatory compliance solutions lead at NCC Group.
USAA hit with $140m fine from FinCEN for Bank Secrecy Act violations
USAA admitted to failing to accurately report in a timely manner thousands of suspicious transactions to FinCEN.
Employment data platform Argyle lands $55m Series B to “reinvent credit decisioning”
SignalFire founding partner Ilya Kirnos will also join Argyle’s board of directors.
CoinTracker lands unicorn status with $100m Series A round
Users collectively track over $50 billion in crypto assets on CoinTracker.
SaaS financial data platform Canalyst secures $70m Series C investment
Canalyst says it wants to be “the new fundamental dataset of record”.
The focus on ESG: Spotlight on data
As regulatory pressure grows, effective ESG reporting is now essential for businesses across the world.
Carbon as a currency
Linking currency to carbon could open the door to a better and more sustainable economy.
Finance reporting start-up Abacum gains $25m Series A funding
The company provides a SaaS platform for streamlining reporting and improving forecasting accuracy.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
FinTech Futures Jobs: Three really great jobs to apply for this week
Exciting vacancies at OakNorth, Deloitte and Oracle. Apply today!
Sibos 2021: Mark Carney urges collective action on climate change
Former governor of the Bank of England gave an optimistic closing keynote at Sibos 2021.
Data extraction start-up Daloopa lands $20m investment led by Credit Suisse
The firm has now raised around $24 million in total.
Research digitisation will be the next advantage in the financial markets
Banks are now turning to research digitisation to gain significant advantage and improve client service.
Report: Cloud readiness – banking technology in transition
Cloud-ready SDS IREG enables customers to take the step towards next-generation tax reporting.
Citi to pay $400m OCC fine for risk management failures
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
White paper: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
Nasdaq proposes IPO alternative to raise funds
Nasdaq’s proposal to the SEC pushes for alternative routes to the public markets.
Palantir lost $579m in 2019 according to leaked S-1 filing
Big data SaaS firm had net loss percentage of 78% last year.
Regtech firm kompany raises $6m in venture funding
The firm plans to use its new cash to develop KYC solutions.
Streamlining manual processes amid COVID-19
Find out how to digitise manual documentation processes with Foxit Software.
Carta faces gender discrimination lawsuit
Paying her less than her male peers and subjecting her to other forms of gender discrimination.
COVID-19 analytics: the lesson for those involved in policy management
Modern data-enabled systems and processes are the key to staying competitive.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
Partnerships to drive industry forward in post-COVID world
The coronavirus pandemic has caused immediate changes to the financial services industry.
Webinar: Getting reconciliation right in the ‘decade of data’
A blueprint for consolidating, automating and driving efficiency across reconciliation.
World Fintech Report 2020: “Traditional banks are at a critical juncture”
“They must embrace Open X or risk becoming irrelevant,” says John Berry, CEO of Efma.
The need to offer personalisation in financial research
It needs to be disseminated in a customised manner to provide personalised insights for clients.
Banks’ compliance heads trapped between regulations and cutbacks
Governor Software CEO says investment in compliance technology is crucial.
Cybercrime in financial services: Work together to win the war
We need is a smart, flexible way of working together anticipate and respond to threats.
BIS fintech report: More harmonised standards and less TPP reliance
BIS has published a cross-country review on the fintech regulatory landscape.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Regtech: the new lifeblood of compliance
It changes the current compliance game for the better.
White paper: Digitalisation, automation, coverage, timeliness and reliability
Challenges regarding the automatic exchange of information (AEOI) regarding tax matters summarised.
CRS: the end of tax evasion?
Tax evasion and tax fraud have been affecting governments finances all over the world over the decades. It occurs within a country and across countries. Thus, a single country cannot solve the problem on its own. Countries need to work more together and internationally to combat the problem home and abroad.
TAS and targit team up
Italy’s TAS Group and targit GmbH Austria have signed a deal to collaborate on bringing a Software-as-a-Service (SaaS) model for liquidity risk management and reporting within reach of tier two and three banks throughout Central and Eastern Europe, including Austria and Germany.
