What makes a RegTech appealing to an investor?
When investing into RegTechs, it is essential to find companies with technological expertise but also in-depth understandings of financial institutions’ processes and complexity, according to Astrid Freier CEO and co-founder Reg Tech Berlin.
‘SM&CR is more than just good governance’ – how tighter accountability is impacting firms
Financial institutions initially underestimated SM&CR but are beginning to realise its profound impact and the level of change it requires, according to Carl Redfern, co-founder and compliance director at Redland.
A suspicious transaction database is needed to help battle money laundering and fraud
A centralised database for suspicious transactions would be the best way to help financial institutions improve the fight against money laundering and fraud, according to Pedro Pinto Coelho, CEO at Banco BNI Europa.
The RIA’s guide to sales videos and staying compliant
Voice and video compliance platform Theta Lake has provided top tips on how to incorporate videos into your marketing strategy, keep the regulator happy and save money in the process.
Electronic Identification: How is KYC impacting the financial market
Establishing strong Know your customer (KYC) processes is one of the biggest challenges facing financial companies, Electronic Identification (eID) has offered a guide to help.
How is GDPR impacting insurance firms and what are they doing to ease compliance?
GDPR has not just been burdensome on financial services, but offered new opportunities, whether it’s getting firms to actually understand their data or even improving existing regulations, according to a panel at the Global InsurTech Summit 2019.
Data protection could make securing a Brexit deal more complex, says Compliance Compendium
Brexit is presenting many questions particularly around the issue of data protection, however Compliance Compendium’s Gareth Gadd has explained how compliance requirements may change...
Offshore Bank using KYC Portal to automate 60% of all retail on-boarding
Aqubix’s KYC Portal has revealed an unnamed offshore bank has deployed its KYC and due diligence solution to automate 60 per cent of its retail onboarding processes.
Outdated understandings of money laundering risk and legacy screening tools are leaving FIs vulnerable
Companies need to rapidly evolve their understanding of money laundering risk to more effectively manage their vulnerabilities according to Stephen Platt, Chairman and CEO at KYC Global Technologies.
How closer scrutiny of risk data aggregation practices is increasing regulatory pressures on banks
The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it may play second fiddle for attention, according to Randeep Singh Buttar, Head of Data Change and Strategy (Global Risk and Finance) at HSBC.
