Why banks need RegTech to make transaction monitoring more effective & efficient
Big banks are looking towards RegTech in a bid to find more effective solutions for transaction monitoring according to Maarten Ligthart, ING’s global head client activity monitoring.
Temenos launches AI-based solution to fight fraud
Temenos, the banking software company, has expanded its financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution.
TD Bank to bolster customer onboarding through CGI deal
TD Bank is set to leverage CGI’s Wealth Management software platform in a move to streamline its customer onboarding process.
Pega to use AI to personalise customer onboarding process
Pegasystems has introduced new artificial intelligence (AI) capabilities in the latest version of for its KYC and client lifecycle management applications.
KYC compliance platform traceto.io adds Ng to advisory board
traceto.io, a subsidiary of RegTech 100 company Cynopsis Solutions has added John Ng from Signum Capital to its advisory board team.
Cambridge Blockchain lands $7m Series A
Cambridge Blockchain, a distributed digital identity system, has raised $7m in a Series A financing round.
Investec Emerging Companies launching $100m fund, alongside debut deal
Investec Emerging Companies is looking to raise $100m for a new investment fund focused on UK scale-up FinTech and enterprise software companies.
KFH-Bahrain launches new banking app
Kuwait Finance House Bahrain (KFHB) has unveiled Jazeel, a digital account opening and community-based platform.
AML Accelerate extends AML/CTF platform into Asia
AML Accelerate, platform designed for conducting money laundering and terrorism financing risk assessments, has extended its reach into Asia.
Avaamo raises $14.2m in Series A led by Intel
Avaamo, an AI technology platform, has raised $14.2m in its Series A round led by Intel Capital.