How open banking is helping FIs adapt to the millennial generation
Open banking is enabling financial institutions to scale quickly and at low-cost; however, they have to the right ‘DNA’ for it to work, according InnoCells CEO Julio Martínez.
EIT, the European Commission accelerator pushes eID
Electronic IDentification joins EIT to boost their businesses in the European market.
How Japan is setting a ‘strong example’ for crypto regulations
There is no perfect solution and approach to regulating the cryptocurrencies market; however, Japan is setting a strong example to the world according to two executives.
AML5: The new Anti-Money Laundering Directive
The AML5 Directive is the new European regulation for Anti-Money Laundering and counter Terrorism Financing purposes that came into force on 9 July 2018.
RDC: Demystifying artificial intelligence and machine learning
Artificial intelligence and machine learning are changing the regulatory landscape and fueling the rise of RegTech. However, there dependence on data is often overlooked according to a new white paper by RDC.
RegTech needs to be more transparent in the way we do things says CEO
RegTech is about bringing clarity to compliance but there is a lack of transparency between the sector and regulators, according to kompany founder & CEO Russell E. Perry.
How to navigate competing regulations: unintended consequences of GDPR
GDPR and MiFID II can create a tension between retention and protection requirements around communications with clients and customers.
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...
