How can RegTech create value for clients and their customers?
RegTech is on the rise, but how it creates value is not always clear to people. So a panel at Sthlm Fintech Week tried to answer the question.
How will RegTech evolve in the future?
The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?
Hopeful lovers in Australia lost $28.6m to fraud last year
With valentine’s day just around the corner, people are no doubt going to be using dating and romance apps; however, consumers are warned to be on the lookout for scammers. In Australia, one fifth off all losses involved scams from these services, according to a report from ScamWatch 2019.
Up to 50% of financial crime is fraud or cyber-crime
Up to half of all reported financial crime is either fraud or cyber-crime related and this percentage is growing year on year, according to financial advisor PIMFA.
The Bank of England picks AutoRek to automate reconciliation
The Bank of England has chosen RegTech solution AutoRek to help automate their reconciliation process and boost efficiencies.
Snowflake hits $12bn valuation after fundraise
Cloud data platform Snowflake has upped its valuation to a colossal $12.4bn, putting it into the decacon category.
Kount reveals new Identity Trust Global Network
AI-powered fraud prevention solution Kount has revealed its Identity Trust Global Network which will help block bad transactions and help organizations provide personalized experiences.
The...
Mitek releases new spoof-proof identity verification service
Digital identity verification platform Mitek Systems has created a new ‘spoof-proof’ facial comparison solution and it only requires one selfie.
ZignSec launches new anti-money laundering product as the RegTech company views global markets
The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still dealing with the fallout of a massive banking scandal.
Republic of North Macedonia to launch national identity system with Mastercard
The Republic of North Macedonia’s government has revealed plans for a national digital identity service which is being built in partnership with Mastercard.
