We are going through very unusual times, with most of the country having lived under state-imposed lockdown in the last few months. Against this backdrop, fraudsters are unfortunately thriving, and we have seen numerous warnings and scams being conducted by people who want to take advantage of the situation. Action Fraud has received more than 16,352 reports of COVID-19-related scams, reporting that consumers have lost more than £16 million to ecommerce fraud as of June.

In the latest episode of the RegTech 20:20 podcast from Encompass, the Know Your Customer (KYC) RegTech software provider, guest speaker Francesca Hopwood Road, Head of RegTech and Advanced Analytics at the Financial Conduct Authority (FCA), is interviewed about how the regulator is working with those within the industry. 

Objectway, a leader in the Digital Wealth & Asset Management software, and KBC Bank have announced, at the beginning of this year, the market launch of the new roboadvisory service, Matti from Bolero, supported by components of the Objectway WealthTech Suite.

Objectway provided portfolio management, rebalancing and proposal generation capabilities in an ‘as-an-engine’ model towards Matti, the smart investment assistant of Bolero, KBC’s online retail broker.

Allica Bank – the recently launched business bank that seeks to empower small and medium sized businesses – has today announced the appointment of Richard Davies as Chief Executive Officer (CEO).

In this role, Richard will be responsible for leading the Bank as it scales to become a major force in serving British businesses, delivering the funding, technology and expertise needed at what is a crucial time for the British business sector.

corfinancial, a leading provider of specialist software and services to the financial services sector, reports that Edinburgh-based investment manager Baillie Gifford has migrated the processing of its futures transactions to corfinancial’s post-trade system, Salerio.

Finastra announced today that People’s Bank, a retail and commercial bank in Uzbekistan, is deploying Fusion Risk. The technology will automate the bank’s risk management business, enabling it to become more efficient, whilst managing all types of risk including credit, market, operational, liquidity and interest rate.

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has today announced it has partnered with Onfido, the global identity verification and authentication co

C-suite Fortune 500 technologists set to unite on 30th July to delve into what the recent pandemic means for the future of customer behavior, new digital offerings, and the development and application of technology across the enterprise and beyond.

Register to the exclusive board level webinar now

Ever since digital disruption started, ICSFS embraced business agility as a primary core driver in providing its customers with real value in this global competitive market. ICSFS provides its customers with:

- Innovation as a Core Function, ICSFS is one of the first users in utilising the latest technologies such as blockchain

- Open Banking; open solutions through open APIs architecture to satisfy fintech roles and make their threat an opportunity

- Complete cloud platforms – Cloud available

- Enriched customer service and experience

As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organizations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created in partnership with Ripple.