Wolters Kluwer earns prestigious XCelent Award for “Know Your Customer” offering
- 3 years 8 months ago
- Compliance, AML and KYC
Research and advisory firm Celent has honored Wolters Kluwer Compliance Solutions with a 2020 XCelent Award for Depth of Client Service in recognizing the company’s financial crime control offering, OneSumX for Customer Due
Lanistar chooses W2 to power its new banking alternative
- 3 years 8 months ago
- Banking, Compliance, Regulatory Standards
W2 partners with Lanistar, ahead of its polymorphic debit card launch that will revolutionise how customers manage their money. W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Lanistar, to help power its new hassle-free banking alternative. The company will use polymorphic technology to provide a customer-focused alternative to traditional banking services... more
Huobi Tech’s (1611.HK) Asset Management Subsidiary obtained SFC Type 4 and Type 9 licenses
- 3 years 8 months ago
- Securities Services, Asset Management, Regulatory Standards
Huobi Asset Management (Hong Kong) Limited (the “Company”), the wholly-owned asset management subsidiary of Huobi Technology Holdings Limited (1611.HK), is pleased to announce that it was granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (the “SFC”) on 31 July 2020 to conduct the respective regulated activities.
EPA publishes review paper on FCA's shutdown of Wirecard Card Solutions
- 3 years 8 months ago
- Payments, Compliance
The Emerging Payments Association (EPA), which celebrates collaboration and innovation across the emerging payments industry, has today launched a review paper, ‘Avoiding a payments lockdown’, to present to the Financial Conduct Authority (FCA) and the Treasury following the shutdown of Wirecard Card Solutions Limited.
Jordan Ahli Bank Cyprus equips for PSD2 with Salt Edge’s solution
- 3 years 8 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
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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)
- 3 years 9 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
- 3 years 9 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
- 3 years 9 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
