Payment technology company Tribe Payments has today announced it has been selected by mobile payment platform PayNice to provide risk monitoring solutions. Tribe’s Risk Monitor tool is designed to take in every individual data point of a transaction allowing PayNice to make risk-based decisions in real-time, right down to individual transaction level.

2022 has been a year of celebration and success at Clausematch. The year marked 10 years in business for our company, a milestone in such a young and growing industry. In 2022, Clausematch was instrumental in growth in compliance and policy management in numerous highly-regulated businesses across financial services and beyond. Most recently, Clausematch was named to RegTech Analyst’s 2023 RegTech100 list. As the end of the year approaches, we are taking stock in some key moments of 2022.

The 10th annual Regulatory & Risk Management Indicator survey, complied by Wolters Kluwer Compliance Solutions, has revealed regulatory change management as a key challenge for US banks.

These lenders are urged to implement suitable financial technology-enabled regulatory change programs to help alleviate the impact of such pressures, according to Wolters Kluwer.

AlHuda Centre of Islamic Banking and Economics, a leading name in Islamic finance industry for institutional set-up, capacity building, and global networking is going to organize an exposure visit for Takaful industry in the hub of Islamic finance industry Malaysia.

Rabobank has completed its largest-ever blockchain pilot, executing 19 real-time Euro Commercial Paper transactions using the technology.

The transactions, which are the first of their kind, involved financial institutions and regulators from across Europe and underlined how blockchain technology can be used to enhance borrowers and asset managers’ liquidity, as global investors contend with liquidity crunches and money market turbulence.

Temenos today announced that it has signed an agreement to grant license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners, to develop further and market the Temenos Country Model Banks on top of Temenos open platform for financial institutions in these seven Middle Eastern countries.

ING today announced some changes to the Management Board Banking. In line with our strategic priorities and in order to further simplify our management structure, we will combine the roles of head of Retail Banking, Challengers & Growth Markets and Market Leaders. Pinar Abay, currently head of Market Leaders, will be appointed to the role effective 15 May 2023 (subject to regulatory approval).

Opensee, the leading platform allowing business users at financial institutions to analyse the most granular data in real-time, has raised 11 million euros in a Series A  funding round led by Omnes Capital, with the participation of Laurion Capital and Societe Generale  Ventures. 

Bling Europe, a pocket money card and financial education app for children has secured €3.5 million in seed funding just six months after launch.

Bling founder Nils Feigenwinter says the firm has issued more than 10,000 Bling cards to children since its launch in the summer. Bling developed the initial product with support from SocGen-owned BaaS player Treezor.