How to prevent a decline in payments post SCA
With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.
Centralise KYC processes on multiple involvement
It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure
What will Brexit mean for RegTech companies?
Britain is poised to leave the EU in the end of October. The divorce could affect everything from RegTech funding to legislation.
The consequences of inadequate data security
All sized businesses are impacted by an aspect of GDPR and that is the requirement of adequate security to protect any held personal data.
A standardized API would help ease PSD2 compliance burdens
As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.
Do you (ever) think about data security in the cloud?
Our daily lives, both personal and business, are heavily reliant on cloud-based applications (CBA’s), whether its banking, social media, messaging, storage, news, content creation, health, or many others. The growing use cases of IoT is only adding to this list.
Danish banks bullish about PSD2 but some concerns linger about SCA
Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.
Why is RegTech investment around the world growing?
Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue.
How do big banks get the balance right when signing partnerships with RegTech startups?
As corporate investment partnerships gain popularity, it takes some understanding to get these partnerships right, according to a panel at the Global RegTech Summit 2019.
How much is personal data worth?
As data protection rules are becoming more prevalent around the world, companies paying consumers for data could become the norm.
