Tag: Compliance

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

Professional services company Accenture has acquired strategic advisor for financial institutions Parker Fitzgerald.

Ernst & Young (EY) has partnered with Open Banking Nigeria to build and advocate a standard application programming interface (API) for the country’s financial services industry.

Indonesia’s Financial Services Authority, known as the OJK, has forced 826 FinTech startups to close up shop

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.

German authorities are launching administrative proceedings against Google after it was revealed the tech titan’s employees had listened to private conversations when reviewing Google Assistant, the company’s voice controlled digital assistant.

FRISS, a fraud and risk solution for the P&C insurance industry, has launched an office in the UK to support growth in the country.

HighQ, a provider of regulatory and legal support, has been acquired by Thomson Reuters for an undisclosed amount.

Data compliance startup OneTrust has hit a $1.3bn valuation thanks to a huge Series A investment round led by private equity house Insight Partners.

Konsentus has released a dedicated eIDAS checking service to help UK businesses with PSD2 compliance.