How to use biometric identification to better KYC
- 5 years 10 months ago
- AML and KYC
Anti-Money Laundering (AML) and terrorism prevention are key questions in modern finance. Most such policies are determined on a governmental or even international level. A company’s failure to comply with AML regulations may result in hefty fines and loss of credibility. In order to prevent such incidents the banks form their customer relationship policies based on Know Your Customer (KYC) principles. KYC is based on client personal data... more
Eventus Systems Named to Global RegTech 100 for 2019
- 5 years 10 months ago
- Security, Regulatory Standards
Specialist research firm RegTech Analyst has just named Eventus Systems, Inc., a provider of regulatory technology software solutions for the capital markets, to its global RegTech 100 list for 2019, recognizing the pioneering companies transforming compliance, risk management and cybersecurity.
Financial Conduct Authority Selects Sopra Steria for Major Application Maintenance Contract
- 5 years 10 months ago
- Cloud, Regulatory Standards
Sopra Steria is today announcing a new engagement which will see it provide application maintenance services across all the major systems at the Financial Conduct Authority (FCA). This the latest major contract between the organisations, which follows the company’s development and launch of the Market Data Processor (MDP) in January 2018.
Wolters Kluwer Wins Regulatory Reporting Category Award in Chartis RiskTech100® Rankings
- 5 years 10 months ago
- Regulatory Standards
Wolters Kluwer is this year’s Category Winner for Regulatory Reporting in the annual RiskTech100® report. This comprehensive study of the world’s leading risk and compliance technology companies is compiled by Chartis Research. Notably, this is the seventh time in eight years that Wolters Kluwer has achieved this honor.
FICO Recognised as a Top Ten RiskTech Company in the Chartis RiskTech100 Report
- 5 years 10 months ago
- Compliance, Risk Management
FICO, a leading analytics company, today announced that it has been named a category winner in the 2019 Chartis’
Wolters Kluwer Triumphs in Regulation Asia Awards
- 5 years 10 months ago
- Banking, Compliance, Infrastructure
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award for the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Solution in Regulatory Reporting” in its Awards for Excellence, 2018.
Wolters Kluwer to Share RegTech and SupTech Insights at Singapore FinTech Festival
- 5 years 10 months ago
- Compliance, Regulatory Standards, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business will be sharing its integrated regulatory compliance and reporting expertise at this week’s Singapore FinTech Festival – the world’s largest FinTech event.
Wolters Kluwer Announces the Winners of Its 2018 Community Impact Award
- 5 years 10 months ago
- Compliance
Wolters Kluwer Compliance Solutions today named both Citizens National Bank of Meridian, Miss. and Boston-based Eastern Bank as winners of its 2018 Community Impact Award. The award honors financial institutions for the breadth of their positive impact to low- and moderate-income communities, and their innovative application of community development programs where they do business.
Cynopsis Solutions continues international expansion with the opening of EMEA office in London
- 5 years 10 months ago
- Security, AML and KYC
Automated Know Your Customer (KYC) solutions provider, Cynopsis Solutions, today announces that it is launching its Europe, Middle East and Africa (EMEA) operations from new offices in London.
Oconee Federal Savings and Loan Selects Wolters Kluwer’s ComplianceOne Solution
- 5 years 11 months ago
- Compliance
Oconee Federal Savings and Loan has selected Wolters Kluwer’s ComplianceOne® solution to help streamline its current lending processes, positioning the bank for further growth. ComplianceOne is an origination and workflow solution that makes managing compliance with loan and deposit transactions faster and more efficient, connecting the major areas of a lender’s business operations to its core processor
Société Générale goes live with Finastra’s Fusion Risk solutions
- 5 years 11 months ago
- Fraud Detection, AML and KYC, Risk Management
Société Générale, one of the leading financial services groups in Europe, has deployed Finastra’s Fusion Risk Asset and Liability Management (ALM) and Fund Transfer Pricing (FTP) solutions. The move has enabled the bank to streamline multiple solutions across the group, simplifying its infrastructure so that it can comply more efficiently with regulations including the Interest Rate Risk in the Banking Book, and also reduce costs.
Jumio and Engage Technology Partners Join Forces to Automate Right to Work Verification
- 5 years 11 months ago
- AML and KYC, Authentication Technology
Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), today announced a partnership with Engage Technology Partners Ltd., to integrate Jumio’s online identity verification technologies into Engage’s cloud-based recruitment solutions, designed to help end-hirers, agencies, payrolls and workers navigate and simplify the recruitment process.
Shield FC Meeting the Demand of Financial Institutions in Germany to Comply with Regulation Regarding Electronic Communications
- 5 years 11 months ago
- Compliance
Shield Financial Compliance (Shield FC), today revealed that it is experiencing unprecedented demand from financial institutions in Germany, with large financial institutions and smaller regional banks turning to the
Australia hotbed for cybercrime; new report shows identity spoofing as most prevalent attack vector in the ANZ region - LexisNexis Risk Solutions
- 5 years 11 months ago
- Security, Fraud Detection, AML and KYC, Security, Authentication Technology, Risk Management
LexisNexis® Risk Solutions today at Sibos, the world’s premiere financial services event, released its cybercrime insights report for Australia and New Zealand (ANZ). The report was created using statistics of actual cybercrime attacks originating to and from the ANZ region, during April to June 2018. These results are the most current available. The ThreatMetrix® Digital Identity Network® (“The Network”) detected the attacks during realtime... more
FreeAgent takes next leap in Making Tax Digital compliance
- 5 years 11 months ago
- Compliance
FreeAgent, the pioneering cloud accounting software provider, has taken the next major step in its mission to help small business owners navigate the UK’s forthcoming digital tax legislation. The company, whose award-winning software is used by freelancers, small businesses and accountants, has been named among the first handful of providers on HMRC’s pilot for Making Tax Digital (MTD) for VAT.
