New regulation and advancing criminal methodologies have seen financial crime compliance costs continue to soar in financial institutions in the last two years, according to new research from LexisNexis® Risk Solutions, the global information solution provider, a part of RELX Group. Future Financial Crime Risks 2017 incorporates a survey of nearly 200 senior financial crime compliance professionals from banks in the UK, and reveals 63% of professionals have seen a rise in fi

The rise of fintech has revolutionised the way we pay, shop and borrow. From contactless payments to social shopping and app-only banks, there has been enormous innovation to help consumers and businesses manage their finances faster, better and more efficiently than ever before. 

Investment professionals today are inundated with research reports from the sell side, the buy side and academia. Top financial research teams can produce enough content to consume 24 reams or 12,000 sheets of paper per day. To help address this information overload, State Street (NYSE:STT) has launched QuantextualSM Idea Lab, which combines the power of machine learning with the knowledge of human experts in order to help investment professionals efficiently read and interpret lengthy research reports, and apply relevant findings to their investment strategies.

Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group (“Ant Financial”, “Ant”), today announced that it has signed separate MoUs with Finpro (Finland), Svensk Handel (Sweden) and the Scandinavian Tourist Board, which will enable merchants across Nordic region to accept payment via Alipay and reach Chinese customers before, during and after their visit via Alipay’s in-app marketing platform.

This will bring Chinese tourists the same convenient payment and travel experience that they enjoy in China.

Capital One UK has completed its expansion in London by relocating its West End offices to the White Collar Factory EC1, overlooking Silicon Roundabout. The new London office now accommodates all of Capital One’s 160 London-based employees in one space. 

At the beginning of the year, we made a bold announcement declaring 2017 as the year of instant payments. It was much more than a marketing tagline but rather a commitment to driving the payments industry forward. Why should payment participants settle for faster payments when the technology and systems exist for instant payments?

CXO-Cockpit and Corporate Performance Management solutions provider, OneStream Software, announced that they have teamed up to provide the growing OneStream community with a reporting solution that meets the OneStream standards with rich financial analytics and intelligent dashboards.

As part of the publication of its latest study, A New Climate for Growth: Cultivating Asset Intelligence to Thrive1, State Street Corporation (NYSE: STT) today announced the launch of a new Growth Readiness benchmarking tool that enables users to measure their preparedness for future growth against their peers.

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced the availability of execution and client connectivity services through the Hong Kong Exchange and Clearing (HKEX) data center via its TT® platform.