Token Unveils Open Banking Mobile App at Finovate Europe
- 7 years 12 months ago
- Banking, Compliance
European banks can now see first-hand how they can use PSD2 to generate massive revenues and dominate the market for digital transactions, following today’s launch of a ‘live demo’ iOS app from Token.
Thames Water wins FICO Decisions Award for Debt Management
- 7 years 12 months ago
- Compliance, Risk Management
Thames Water, the UK’s largest provider of water and wastewater services, has reduced bad debt by 11 percent in the last 12 months by innovating its collections process using FICO® Debt Manager™ collections system. For its achievement, Thames Water has been awarded the FICO Decisions Award for Debt Management.
Nasdaq-listed fintech pioneer Mitek launches in the UK
- 7 years 12 months ago
- Security, Compliance, Security, Authentication Technology
Mitek (NASDAQ: MITK), a global leader in mobile capture and identity verification software solutions, has launched in the UK with a new office established in London. The US-based company works with over 5,500 organisations providing its technology to 70 million consumers across the globe.
Erste Group Bank AG goes live with Asset Control's solution for PRIIPS and MIFID II compliance
- 7 years 12 months ago
- Asset Management, Compliance, Regulatory Standards
Erste Group Bank AG, one of the largest financial services institutions in Central and Eastern Europe, has selected Asset Control’s AC Plus financial data management platform to help fulfil its PRIIPs and MiFID II regulatory requirements.
Research Shows Each Fifth Micro-business in the UK Has No Knowledge About MTD
- 8 years 2 days ago
- Tax Authorities, IT Innovations
Following the publication of further details about the government’s Making Tax Digital (MTD) initiative this week, a survey from FreeAgent reveals that many micro-business owners also said they had no knowledge of the plans. Despite HMRC launching an eight month public consultation on MTD, a fifth of (20%) respondents in the FreeAgent survey said that they did not know what MTD actually was. The MTD initiative would see small businesses having... more
Encompass launches a fully automated Anti-Money Laundering system for banks
- 8 years 4 days ago
- Security, AML and KYC
A fully automated Know Your Customer (KYC) solution for achieving superior Anti-Money Laundering (AML) and Counter Terrorism Finance (CTF) compliance has been launched by Encompass Corporation. The software platform enables banks to meet the increasingly demanding regulatory requirements of The European Union’s Fourth Anti-Money Laundering Directive, which comes into force on the 26 June 2017.
UK Micro-business Owners Expect More Information About Digital Tax
- 8 years 5 days ago
- Tax Authorities
The majority of UK freelancers and micro-business owners do not think they have been given enough information about the government’s digital tax plans, according to new research from cloud accounting software company FreeAgent.
Five Days To Go To Self Assessment Deadline
- 8 years 1 week ago
- Compliance, Tax Authorities
With only five days to go until the deadline closes for self assessment tax returns, you may be getting a little anxious about whether you’ll be able to actually complete everything on time.
New Thomson Reuters Compliance Solution Helps Organizations Manage Regulatory Change
- 8 years 1 week ago
- Compliance
Organizations facing regulatory overload can now benefit from powerful new tools to help them better manage their compliance workflow as Thomson Reuters introduces Regulatory Change Management (RCM), its new end-to-end compliance solution.
Mexico’s CIBanco Chooses Swift Compliance Analytic
- 8 years 1 week ago
- Security, Compliance
Swift announces today that Mexican bank CIBanco has signed up for Compliance Analytics, a Swift service that helps financial institutions mitigate financial crime risk by analysing their global message traffic on the Swift network. In an effort to strengthen its existing compliance efforts, and mitigate the de-risking threat, CIBanco will leverage SWIFT’s advanced data analytics to enhance the effectiveness of its compliance and anti-money... more
Dutch FinTech Ohpen receives full FCA authorisation
- 8 years 1 week ago
- Asset Management, Banking, Compliance
Ohpen announced today that it has gained approval from the regulator, the Financial Conduct Authority (FCA), to carry out its regulated activities. The approval enables Ohpen to provide its software and outsourcing services to asset managers, banks and insurance companies in the United Kingdom (UK) under its new British company, Ohpen Operations UK Ltd.
Deloitte Opens New Blockchain Lab in Dublin
- 8 years 1 week ago
- Audit and Reporting
Deloitte, which works with 90 per cent of the world’s largest financial institutions today opened its new EMEA blockchain lab at Whitaker Court in Dublin’s “Silicon Docks” district. This new bespoke designed lab builds on Deloitte’s global fintech and innovation practice which involves a network of labs around the world including a major lab on Wall Street. Blockchain is an evolving technology which has the capacity to change the way digital... more
CEB TowerGroup recognises FICO as a leading provider in KYC systems
- 8 years 1 week ago
- Compliance, AML and KYC
A 2016 report from CEB TowerGroup analysts recognises FICO as a leading provider in “Know Your Customer” systems, with FICO®TONBELLER® Siron® Anti-Financial Crime Solutions. CEB TowerGroup analysts’ 2016 “Do You Know Who I Am? Know Your Customer Systems Market Update” shows that FICO TONBELLER Siron system provides all 18 capabilities studied as standard features.
smartTrade easily handles MiFID II challenges
- 8 years 2 weeks ago
- Trading Systems, Compliance, Regulatory Standards
smartTradeTechnologies, a multi-asset electronic trading solutions pioneer,has been working with a number of institutions on MiFIR/MiFID II implementations. Transparency, best execution, algorithmic trading and transaction reporting are some of the key areas of concern identified. With less than a year before the 3-Jan-2018 deadline, smartTrade announces that it is ready for MiFID II challenges.
PwC Team Collaborates With Oracle to Offer Premium Technology Solutions
- 8 years 2 weeks ago
- Audit and Reporting, IT Innovations
Oracle Financial Services Analytical Applications and PwC announced today a global collaboration to offer premium technology, implementation and consulting solutions to help financial institutions meet near-term and ongoing compliance with the International Accounting Standards Board’s (IASB) new IFRS9 and FASB’s proposed CECL reporting standards.
