Theta Lake: best practices for audio recording supervision
Audio recording is commonplace for financial institutions (FIs). This is because well established regulations concerning recording, handling, and retention have been in place for some time.
Selfie-based identification solutions are not compliant with KYC AML
Technological solutions to verify the identity of natural persons by taking pictures of IDs or passports and recording a few frames or user’s face do not comply with the legal regulations
RTS is slowing innovation but PSD2 represents a ‘golden opportunity’
PSD2 represents a ‘golden opportunity’ for providers to deliver value to customers, with RegTech set to play a ‘huge role’ in the future according...
A common language is needed for RegTech to flourish
RegTech is being held back by a linguistic disparity between regulated firms and technologists according to Gareth Malna, funds and financial regulation solicitor at Burges Salmon.
Is the financial services industry ready for RegTech?
Having a centralised system in place and focusing on the data are both key to unlocking RegTech according to Ted Datta, Director – Governance, Risk and Compliance Solutions at Bureau van Dijk.
RegTech can turn compliance into a competitive advantage
RegTech is not just for compliance, it can give financial institutions a competitive advantage in today's crowded market according to Husayn Kassai, CEO of Onfido.
Compliance leaders percieve the RegTech challenge as a ‘massive headache’
The wave of new regulations being deployed is being seen as “just layers of costs on top of the business” by some compliance leaders, according to Axioma managing director and head of risk solutions Ian Lumb.
The UK should follow Gibraltar’s lead on crypto regulation
Recent advancements in market regulation for cryptos is an encouraging sign; however, more legislation is needed to add additional safeguards, according to Obi Nwosu, CEO and co-founded of Coinfloor.
AI, machine learning and blockchain will shape the future of cybersecurity
Machine learning, AI and blockchain can drive cybersecurity forward; however, more investment and urgency is needed in Europe, according to a panel at the Global RegTech Summit.
Could corporate venturing be a ‘failed effort’?
Most corporate venture capital divisions will disappear over the next five years, according to RegTech Lab co-founder L. Michael Meyer on a panel at the Global RegTech Summit 2018.
