When most banking professionals think of compliance they think of roadblocks to doing what they want to do. They think of check the box activities that they do simply to prevent regulators and internal audit from slapping their hand. They think about it in a very “me” way. What they often forget about are the true reasons compliance exists and the real life consequences that can come from failures. When it comes to Anti-Money Laundering (AML) and sanctions compliance, the real life reasons for the regulations are incredibly important.

NAB customers can now use Google Pay to quickly, conveniently, and securely make contactless payments.

Milestone Group, the pioneers of oversight technology for the fund management community, has released research into how the industry is addressing outsourcing and oversight, in the context of Brexit preparations. 

There was a resounding message of uncertainty about the impact of Brexit. 96% of respondents indicated it was a key issue for them and less than 30% were confident that there would be no negative impact on UK financial services.

MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) (www.Ecobank.com), enabling both companies  to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent.

CloudMargin, the award-winning creator of the world’s first and only collateral and margin management solution native to the cloud, announced today the completion of a new round of investment in the company totaling US$10 million to support the firm’s rapid growth.

Coupa Software, a leader in business spend management (BSM), today announced the successful implementation of its Procure-to-Pay (P2P) solution at Nasdaq, a leading exchange and financial technology company that serves the global capital markets and a broad range of industries. 

Jitterbit, the API transformation company, today announced that its Harmony enterprise integration platform-as-a-service (iPaaS) now meets the new General Data Protection Regulation (GDPR) requirements going into effect May 25.

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements.

Today we live in a world where much of our data is stored online, from personal information such as address and phone numbers, to financial information like bank account details. All of this data is tied up in a world that the majority of us know very little about, and this is where both safety and privacy can be at risk. Many businesses put a lot of security measures and precautions in place to protect this information, but in some cases this is not enough.

Exela Technologies, Inc., one of the largest global providers of platforms for business process automation ("BPA"), announced today that it had completed the acquisition of Asterion International Group ("Asterion"), a well-established provider of technology driven business process outsourcing, document management and digital data processing across Europe.