Tag: HSBC

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.

Open banking platform Bud has secured $20m in its Series A round of funding.

Barclays and HSBC have both connected with small business lender iwoca, making full use of the opportunities presented by open banking.

The Prudential Authority of the South African Reserve Bank has fined HSBC Bank R 15m ($1m) for failures in AML and CTF.

Quantexa, a company leveraging big data analytics to tackle complex financial crime, has raised $20m in Series B funding.