Acumennet ready to support LIBOR discontinuation with new modules
- 4 years 9 months ago
- Wealth Management, Compliance
Profile Software, an international financial solutions provider announced today, that Login’s Acumennet Treasury Management platform already accommodates the orderly transition away from LIBOR that is about to affect Treasury departments by 2021. Through continuous investments in designing innovative solutions, Profile and Login have been proactive to accommodate the upcoming change by enriching Acumennet with the functionality necessary for... more
Coronavirus Pandemic, Store Closures, Shift Consumer Buying Behaviour Leading To Accelerated Digital Transformation For Merchants
- 4 years 10 months ago
- E-Commerce, Fraud Detection, Compliance
Forter, the leader in e-commerce fraud prevention, today announced the release of the Forter Special Report on the Impact of Coronavirus on Consumer and Fraudster Behaviour.
Pannovate Partners with Salt Edge to Deliver Instant PSD2 Compliance
- 4 years 10 months ago
- Payments, Banking, Compliance
Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe.
1 in 3 Micro-businesses Risk Breaking Tax Rules by Failing to Separate their Personal and Business Bank Accounts
- 4 years 10 months ago
- Banking, Tax Authorities
A survey carried out by 3Gem for Amaiz, the new banking app, has revealed that just over 30% of micro-businesses don’t have a separate business bank account. These businesses risk muddling business and personal expenditure and breaking tax rules. The survey also found that 44% of micro-businesses are usually spending at least 3 hours a week on admin, with one in five spending around a day a week on getting the books in order.
Coronavirus outbreak spells the end for ‘outdated’ paper-based ID checks – SmartSearch
- 4 years 10 months ago
- Platform Technology, AML and KYC
The spread of the coronavirus means firms relying on paper-based ID checks need to switch to electronic processes now to avoid a freeze on their business, according to anti-money-laundering experts SmartSearch. New restrictions on movement and the fear of contamination of documents have triggered a rush to adopt electronic verification (EV) as firms wake up to the effect of the virus. Relying on documents makes it impossible to comply with... more
W2 looking to support all industries during challenging times ahead
- 4 years 10 months ago
- Transaction Banking, Compliance
W2, the leading provider of real-time digital solutions for global regulatory compliance, has announced today its help to regulated industries faced with challenges during the continue Coronavirus outbreak. W2 CEO, Warren Russell, today confirmed that: “While I am trying to avoid the use of the word ‘unprecedented’ as it is being thrown around a lot at the moment, it is true to say that we are in a world of unknown at present and not a single... more
Baanx partners with HooYu to strengthen KYC processes
- 4 years 10 months ago
- AML and KYC
Leading customer onboarding and KYC technology firm, HooYu, has been deployed by mobile crypto and fiat specialist Baanx. The HooYu Identify KYC journey has been selected to provide identity verification for the onboarding of new customers.
ACA Compliance Group becomes sponsoring partner of AIMA
- 4 years 10 months ago
- Compliance, Risk Management
ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance (GRC) advisory services and technology solutions, today announced that it has become a global sponsoring partner of the Alternative Investment Management Association (AIMA). The move is designed to reinforce ACA’s unwavering commitment to providing the hedge fund community a superior customer experience through specialised expertise, a deep understanding of the... more
SIX Group selects Know Your Customer’s digital solutions to strengthen supplier due diligence
- 4 years 11 months ago
- RegTech, AML and KYC
SIX Group has selected award-winning RegTech provider Know Your Customer to strengthen its procurement process and better assess the risk associated with its international suppliers.
b-next provides compliance solution to major Russian bank
- 4 years 11 months ago
- Trading Systems, Banking, Compliance
The German developer of specialised software b-next has concluded the past fiscal year with an important business deal. A major Moscow-based bank has decided to monitor their future trading activities using an installed surveillance platform developed by b-next. For the software provider, this achievement marks an important step in entering the Russian market.
Asian Private Banker Names Fenergo as the Best KYC and Client Onboarding Solution of the Year
- 4 years 11 months ago
- Banking, AML and KYC
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced it has been awarded “Best KYC and Client Onboarding Solution” by the Asian Private Banker Technology Awards. This accolade is testament to Fenergo’s powerful technology suite and ability to ensure compliance with regulations relating to KYC and customer onboarding for financial... more
Leading French banking group engages AxiomSL’s comprehensive Global Shareholding Disclosure (GSD) solution
- 4 years 11 months ago
- Fraud Detection, Compliance, Regulatory Standards
AxiomSL, the industry’s leading provider of risk and regulatory reporting solutions, announces an agreement with a global financial institution in France to implement AxiomSL’s Global Shareholding Disclosures (GSD) solution on its data integrity and control platform, ControllerView. The firm is part of a leading Tier-1 French banking group that engages in a range of banking activities, including global asset management.
Wolters Kluwer Wins Major Accolades for SaaS Regulatory Reporting Solution and Regulatory Engine Upgrade
- 5 years 1 day ago
- Security and Compliance, SaaS, Regulatory Standards, Infrastructure
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won three major accolades for its industry leading integrated regulatory compliance and reporting solutions. The awards specifically celebrate the success of the company’s software-as-a-service (SaaS) Regulatory Reporting solution and its Regulatory Engine Upgrade, both launched in mid 2019.
Queensland-based DayTek Capital Hires Christoph Flefel as Chief Risk and Compliance Officer
- 5 years 2 weeks ago
- Compliance, People Moves
DayTek Capital is pleased to announce the appointment of Christoph Flefel, as its new Chief Risk and Compliance Officer.
Vanquis Bank partners with HooYu to digitalise KYC processes
- 5 years 3 weeks ago
- Security, AML and KYC
Leading customer onboarding and KYC technology firm, HooYu, has announced a partnership to digitalise Vanquis Bank’s KYC processes. The HooYu KYC journey has been selected to provide additional identity proofing during the customer lifecycle when customers perform a potentially high-risk action on their accounts.
