Why banks should fear competition from Amazon & Google rather than FinTechs
Threat of competition is one of the biggest challenges arising from Openbanking; however, banks should fear internet giants rather than FinTechs, according to a panel at the Global RegTech Summit 2018.
Experian to offer Open Banking & PSD2 services
Experian, a UK credit reference agency, is now offering Open Banking and PSD2 ( Payment Services Directive 2) services.
BBVA launches facial recognition payments
BBVA has launched the deployment of a facial recognition payment system.
PayPal bolsters fraud prevention & risk with Simility
Payments business PayPal is bolstering its fraud prevention & risk management capabilities by buying Simility.
ADGM launches crypto-asset regulatory framework
Abu Dhabi Global Market has launched a new crypto-asset framework to develop a safer marketplace for digital currencies.
Barclays partners with Simudyne for risk management
Barclays has formed a partnership with Simudyne to improve its predictive capabilities in risk management.
Deutsche Bank moves reconciliation services to SmartStream
Deutsche Bank has selected SmartStream Technologies to streamline, simplify and reduce the costs of its reconciliations environment.
KYC provider Kyckr raises $5m
Kyckr, a Know Your Customer RegTech provider, has raised $5.3m via a placement from a small group of institutional and sophisticated investors.
Delloitte partners with ForgeRock
Delloitte has formed a strategic alliance with ForgeRock to provide global customer identity and access management solutions.
IdentityMind agrees licensing agreement with KYC2020
RegTech 100 company IdentityMind Global has signed a licensing agreement with KYC2020.
