Jordan Ahli Bank Cyprus equips for PSD2 with Salt Edge’s solution
- 4 years 6 months ago
- Banking, Compliance
Salt Edge, a leader in developing open banking solutions, helped Jordan Ahli Bank Cyprus become amongst the first group of banks in Cyprus to comply with PSD2 requirements.
Finch Global launches fintech digital passport to make compliance checks smoother for businesses
- 4 years 6 months ago
- Compliance, Regulatory Standards, AML and KYC
As financial institutions and organisations come to terms with the challenges of the post-Covid-19 world it is obvious that regulated businesses urgently need a new, more efficient, fast and secure way to onboard new customers and re-energize their existing customer base. They also need to add value to their existing customer relationships. Finch Global aims to do just that by creating a shared service that makes it easier to take out financial... more
Alior Bank Selects Onfido to Streamline Digital Identity Verification for Onboarding New Customers Through Its Mobile Application
- 4 years 6 months ago
- Digital Identity, Compliance, AML and KYC
Onfido, the global identity verification and authentication company, today announced a partnership with Alior Bank, the large universal bank in Poland, powering fast and user-convenient digital onboarding and Know Your Customer (KYC) processes.
QuantaVerse’s AI-powered AML solutions secure highest possible ratings from independent model validation firm
- 4 years 6 months ago
- Artificial Intelligence, Security and Compliance, AML and KYC
QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, engaged an independent model validation firm to ensure the regulatory rigor of its AI and machine learning platform. Leveraging its proprietary modeling framework to thoroughly analyze QuantaVerse’s AI solutions, the firm delivered a comprehensive model validation.
Maitland enhances AML compliance services in Luxembourg
- 4 years 6 months ago
- Compliance, AML and KYC
Maitland, the leading global advisory and fund administrator, has announced it is enhancing its AML regulatory compliance capabilities to meet rising demand among Luxembourg fund managers. Driving the need for outsourced compliance services in Luxembourg is the latest anti-money laundering (AML) guidance from the Commission de Surveillance du Secteur Financier (CSSF).
Adobe, IBM and Red Hat announce strategic partnership to advance customer experience transformation
- 4 years 6 months ago
- Security, Compliance, Data
Adobe (Nasdaq: ADBE), IBM (NYSE: IBM) and Red Hat today announced a strategic partnership to help accelerate digital transformation and strengthen real-time data security for enterprises, with a focus on regulated industries. The intent of the partnership is to enable companies to deliver more personalized experiences across the customer journey, driving improved engagement, profitability and loyalty.
Global rise in human trafficking inspires ground-breaking technology trial for banks
- 4 years 6 months ago
- Security, AML and KYC
BAE Systems Applied Intelligence and Acuminor recently announced a new technology trial to help banks identify transactional behaviour linked to human trafficking. The two organisations have collaborated to provide an unnamed major Nordic bank with a proof of concept that can simulate suspicious activity and test the efficiency of the banks’ financial crime detection systems.
AML specialist SmartSearch breaks into US market
- 4 years 6 months ago
- RegTech, AML and KYC
Leading UK anti-money-laundering (AML) firm SmartSearch is today launching operations in the USA. Expansion into the US market follows a period of sustained growth that has seen the firm frequently named among the UK’s fastest-growing companies, and a leader in the increasingly important ‘RegTech’ sector.
Broadridge Emerging as Go-To Solution for Leading Financial Intermediaries for New European Shareholder Rights Directive (SRD II)
- 4 years 6 months ago
- Compliance
Responding to the urgent need for financial institutions globally to comply with the European Commission’s (EC’s) updated Shareholder Rights Directive (SRD II) by the September 3, 2020, deadline, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced a record number of new signings for its multiple-industry, award-winning SRD II solution. Broadridge is now onboarding these new clients, which are based both within... more
EQ launches new automated complaints product for the financial services industry
- 4 years 7 months ago
- Compliance, Regulatory Standards
EQ (Equiniti), the international technology-led services and payments specialist, is delighted to announce that it is launching a new automated complaints management product for the financial services industry – EQ Complaints Professional. EQ Complaints Professional is a powerful complaints solution that will enable firms to enforce their FCA compliance immediately and on a continual basis as regulation evolves.
iProov to provide biometric technology to challenger bank Knab, part of AEGON
- 4 years 7 months ago
- Banking, Security, Compliance, Authentication Technology
Today, iProov is proud to announce that its technology is to be deployed by Dutch challenger bank Knab, to provide an effortless online biometric experience to its nearly 500,000 customers. Knab customers can now effortlessly authenticate themselves for a growing range of sensitive transactions using iProov’s patented Flashmark technology. The partnership with the online-only bank, which is owned by multinational life insurance, pensions and... more
Wolters Kluwer Finance, Risk & Reporting triumphs in Risk magazine awards for third consecutive year
- 4 years 7 months ago
- Compliance, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award from Risk magazine.
SteelEye and UnaVista Partner to Support Market Following CME Announcement
- 4 years 7 months ago
- Compliance
SteelEye, the compliance technology and data analytics firm, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, today announced a partnership to support financial firms with best-in-class reporting services as they migrate from CME’s European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020.
FSS Enhances Secure3D to Prepare Issuers for PSD2 SCA Compliance
- 4 years 7 months ago
- Compliance
FSS (Financial Software and Systems), a global digital payment and financial technology company, announced today that its FSS Secure3D is compliant with European Union Payment Service Directive2, Strong Customer Authentication (PSD2 SCA) guidelines for initiating and processing electronic payments that would come into effect in December, 2020. The support for PSD2 SCA guidelines reduces risk exposure, minimizes losses, and provides safer, secure... more
ClauseMatch Expands Compliance Workflow and Collaboration Platform with a Launch in the US
- 4 years 7 months ago
- Compliance
ClauseMatch has announced today the launch of its US office in New York. The opening comes in response to demand from US companies and international clients operating in the US. They include Barclays, as well as two of the largest financial organizations in the country: a publicly traded bank based in New York and one of the world’s largest investment firms. After London and Singapore, New York is the third location across the globe where... more
