Onfido Represents Regtech Principles for Innovation
- 7 years 11 months ago
- Regulatory Standards, AML and KYC
Onfido, the identity verification provider, has launched the Regtech Principles for Innovation to encourage greater collaboration between regulators and financial services. Aimed at building an inclusive financial ecosystem that protects consumers and businesses alike, the Principles encourage the use of new technologies to empower digital innovation.
PwC Brings Blockchain Prototype for London Market Target Operating Model
- 7 years 11 months ago
- Blockchain, Audit and Reporting
PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange. The project demonstrates that exploiting blockchain technology can reduce costs and speed up the payment process in the specialist insurance market. The proof of concept was developed by PwC’s blockchain team in Belfast, which comprises 25 blockchain engineers.
The Nottingham Chooses Jaywing to Implement IFRS 9 Regulations
- 7 years 11 months ago
- Regulatory Standards
Today, credit risk analytics expert Jaywing announced a new partnership with leading building society The Nottingham, to design an analytical framework that will underpin all operational, strategic and regulatory credit risk requirements, including IFRS 9.
European Cards Stakeholders Group Releasese 8.0 Version of the SEPA Cards Standardisation Volume
- 7 years 11 months ago
- Credit Cards, Regulatory Standards
The European Cards Stakeholders Group (ECSG), the industry association in charge of cards standardisation in the Single Euro Payments Area (SEPA), today published version 8.0 of the SEPA Cards Standardisation Volume (‘the Volume’).
EBA Offers Regulatory Technical Standards for Implementing Strong Customer Authentication
- 7 years 11 months ago
- Regulatory Standards
The European Banking Authority (EBA) has today released its final draft Regulatory Technical Standards (RTS) for implementing Strong Customer Authentication (SCA), mandated under the revised Payment Services Directive (PSD2). At the heart of these changes to RTS is the fact that, through PSD2, European lawmakers have decided to allow non-bank competitors to access the payment accounts of banks’ customers, for the purpose of retrieving account... more
GigSky partners Gemalto for global device connectivity
- 7 years 11 months ago
- Security, Compliance
Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, will provide GigSky its On-Demand Connectivity (ODC) services on a GSMA1 compliant embedded SIM (eSIM) with remote management capabilities. Devices enabled with these eSIMs will allow end-users to choose short-term data plans across the globe.
Lombard Risk Declares Record Year for COLLINE® Milestones
- 7 years 11 months ago
- Management, Audit and Reporting
Lombard Risk Management plc (LSE: LRM), the provider of collateral management and regulatory reporting solutions, announces considerable increase of its North American client base and major new product additions.
Accuity signs one of Estonia’s largest banks
- 7 years 11 months ago
- Compliance
Bigbank AS, one of Estonia’s largest banks, has selected Accuity to streamline its account and payments screening processes and help better identify financial crime risk, highlight potential sanctions breaches and flag potentially high-risk customers and politically exposed people (PEP).
Pegasystems announces Industry’s First Robotic Automation Capabilities for Pega CLM and Pega KYC applications
- 7 years 11 months ago
- Compliance, Regulatory Standards, AML and KYC, Security, Risk Management
Pegasystems Inc. (NASDAQ: PEGA), the software company empowering customer engagement at the world’s leading enterprises, today announced that Pega® Client Lifecycle Management (CLM) and Pega® Know Your Customer (KYC) now enable banks to leverage the power of robotic automation to speed client onboarding processes, reduce operational costs, and accelerate time to market.
Fifth Third Bank Selects AxiomSL for its Strategic Regulatory Reporting
- 7 years 11 months ago
- Compliance
AxiomSL, the global provider of regulatory reporting and risk management solutions, announced today that Fifth Third Bank, a top 20 US commercial banking organization, will deploy the AxiomSL data-driven platform to meet the requirements for its analytical and regulatory reporting needs. The regulations covered will include U.S. Liquidity calculations (LCR), CCAR requirements and other required Federal Reserve reporting.
EC Wise Joins FICO’s Enterprise Security Score partner program
- 7 years 11 months ago
- Security, Data Protection, Fraud Detection, AML and KYC
Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced today that EC Wise has joined FICO’s Enterprise Security Score partner program.
Lombard Risk will Provide Collateral Management Solution to Boston based Investment Adviser
- 7 years 11 months ago
- Security, Compliance
Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has been appointed by a leading Boston-based investment adviser to supply its award-winning collateral management solution, COLLINE®, to meet their regulatory and capital management requirements.
NICE Actimize Reveals Anti-Money Laundering Webinar Series
- 7 years 12 months ago
- AML and KYC
NICE Actimize, a NICE (Nasdaq:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, is launching its latest anti-money laundering webinar series on February 22 that will address recommended risk-based safeguards for transaction monitoring programs that provide operational efficiency, cost savings, and agility.
CIBC Taps Wolters Kluwer’s Regulatory Reporting Hub
- 7 years 12 months ago
- Security and Compliance, Audit and Reporting
CIBC, a leading Canadian-based global financial institution, has chosen Wolters Kluwer’s OneSumX offering to provide its regulatory reporting software for the U.K. and Asia Pacific region. OneSumX provides an ecosystem of complementary and comprehensive solutions and services to manage the intersection of governance, finance, risk and compliance, increasing organizational profitability, efficiency and growth.
Five Central Securities Depositories Go Live in T2S Wave 4 Using SWIFT
- 7 years 12 months ago
- Compliance
SWIFT announces the successful migration of OeKB CSD (Austria), Clearstream Banking (Germany), LuxCSD (Luxembourg), Centrálny depozitár cenných papierov SR (CDCP) (Slovakia) and KDD - Centralna klirinško depotna družba (Slovenia) and their respective communities to live operations on T2S using its Value Added Network (VAN) Solution for T2S.
