Is data the silver bullet in tackling financial crime?
As the world continues the shift to digital, getting to grips with the threat of financial crime looms large in the minds of banks. But data could be the key solution.
How will AI and automation disrupt the KYC and onboarding process for FinTech firms?
While banks have traditionally had a large workforce to complete the manual processes required for know your customer (KYC) and onboarding processes, embracing automation and modern technology is the way ahead. But where does that leave the future of RegTech?
How TAINA became a best in class RegTech
Having raised its largest round of funding yet amidst the pandemic, TAINA is now ramping up its international expansion plans.
How automation technology can help banks stop increasing their spend on compliance
The current way banks are handling money laundering alerts is not sustainable. If they do not want to continue rapidly expanding compliance teams each...
The west is facing a ‘moment of reckoning’ on cybersecurity, GCHQ chief warns
The head of GCHQ has claimed the UK and its allies face a ‘moment of reckoning’ where the global direction of cybersecurity may not be ‘shaped and controlled by the west’.
How can technology be used to reduce AML, anti-bribery and corruption incidents within financial...
Money laundering, bribery and corruption are still a pressing issue within financial institutions, but the best way to combat this is through solid operational risk management sponsored from the top.
Cyber risk greater threat than a financial crash, Federal Reserve chair warns
The chairman of the US Federal Reserve Jerome Powell has claimed he is more worried about cyber risk than the possibility of another financial crash.
Why risk assessment is important for financial institutions in a digital era
With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risk and often introduced new risk. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.
FinTech community welcomes UK FinTech review but fear more must be done
The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.
It’s time to rethink risk management – Sigma Ratings
As the number of money laundering and financial crime cases keep growing, Sigma Ratings argues that it is time for financial services firms to rethink risk management.
