Tag: HSBC

Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.

A year after its latest funding round, Featurespace has bagged another £30m to expand its offerings.

The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog has offered guidance as to what this will be regulated.

HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.

Having partnered up with HSBC in September, Quantexa is now going to provide its contextual intelligence software to help international banking group Standard Chartered prevent financial crimes.

HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.

HSBC has selected Featurespace’s ARIC platform to bolster its anti-money laundering (AML) and fraud prevention in the insurance and retail fields.

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.

Regulators are asking for more transparency with decision making and technology must have glass windows to adhere to these needs, according to a panel at the Global RegTech Summit.

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.