EQ partners with Encompass to bolster KYC offering
- 4 years 6 months ago
- Artificial Intelligence, Payments, AML and KYC, Data
EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further bolster its KYC proposition. EQ will work with Encompass to automate and use artificial intelligence to analyse data that helps build a dynamic picture of a company or individual in just minutes, enhancing EQ’s technological capabilities alongside their fully managed service.
Meritsoft and Taskize collaborate on Enhanced CSDR Solution
- 4 years 6 months ago
- Compliance, Regulatory Standards
Meritsoft, a Cognizant company, and Taskize, a Euroclear company, are integrating their automated fails operational workload offering and global operational task management solutions to provide an end-to-end Central Securities Depositories Regulation (CSDR) management solution. Together, Meritsoft’s FINBOS CSDR Manager and Taskize Connect deliver a comprehensive real-time platform for clients and their customers. Clients will benefit from the... more
SteelEye highlights the need for a data-centric approach to compliance
- 4 years 6 months ago
- Compliance, Data
SteelEye, the compliance technology and data analytics firm, today published “Data-Driven Financial Services Compliance – Understanding the Opportunity”, a white paper which explores the key challenges faced by compliance teams within financial markets as they navigate regulatory change.
Caixa Geral de Depósitos selects Finastra to transform treasury and capital markets business
- 4 years 6 months ago
- Treasury, Banking, Regulatory Standards, Risk Management
Caixa Geral de Depósitos, the largest commercial bank in Portugal, has chosen Finastra to power its end-to-end treasury and capital markets business. It has selected Fusion Kondor, Fusion Risk and Regulatory Reporting as a Service to support this front-to-back-to-risk transformation. The bank’s users will have access to automated and standardized interfaces which will improve day-to-day operations and will benefit from an enhanced user... more
ComplyAdvantage named ‘Technology Pioneer’ by the World Economic Forum
- 4 years 6 months ago
- RegTech, Security, Compliance
ComplyAdvantage, a global technology company transforming how institutions manage their financial crime risk and compliance, has today been named a Technology Pioneer by the World Economic Forum. Founded in 2014, ComplyAdvantage has rapidly made its mark on the compliance industry globally in combating money laundering and terrorism financing. The company applies proprietary algorithms and ontology to data sets using data science and machine... more
Banks encouraged to view Basel IV as catalyst for greater productivity in Wolters Kluwer white paper
- 4 years 7 months ago
- Compliance, Risk Management
Banks that take a wait and see approach to Basel IV are likely to face higher financial IT costs and added travails in implementation, as well as fewer commercial benefits in the years ahead.
Mastercard and Octet Europe enable European small businesses to thrive in the global economy
- 4 years 7 months ago
- Trade Finance, Payments, Security, AML and KYC
Today, Mastercard and Octet Europe announce the launch of a new trade solution across the European Economic Area (EEA).
Australian Fintech Hay Selects Featurespace to Strengthen Prepaid Card Security and AML
- 4 years 7 months ago
- Security, Fraud Detection, AML and KYC, Risk Management
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC™ Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution.
RB Compliance Consultancy and LemonadeLXP Announce Partnership
- 4 years 7 months ago
- Compliance
CWG Inks Strategic Partnership with Clari5 to help African Banks Combat Financial Crime in Real-Time
- 4 years 7 months ago
- Fraud Detection, AML and KYC, Risk Management
Leading information technology company CWG, today announced that it has partnered with Banking Enterprise Financial Crime Risk Management products company Clari5 to jointly help African banks combat enterprise fraud and money laundering.
Nice Actimize X-Sight Marketplace Boosts Efficiency for AML Investigations with Free Services Addressing Covid-19 Challenges
- 4 years 7 months ago
- Covid-19, Security, Compliance, AML and KYC, Data
NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced that two new X-Sight Marketplace partners are offering a range of free tools and services designed to boost operational efficiency of AML investigations during the onslaught of COVID-19 related demands. The two partners focus on automation and screening requirements, leveraging advanced next-generation technologies.
IDnow launches free regulatory information service "KYC Insider”
- 4 years 7 months ago
- Digital Identity, Regulatory Standards, AML and KYC
IDnow a leading provider of Identity Verification-as-a-Service solutions and regulatory expert presents
Wolters Kluwer’s Compliance Solutions Wins Four Stevie Awards in 2020 American Business Awards®
- 4 years 7 months ago
- Compliance
Wolters Kluwer Compliance Solutions has been recognized with four wins by the prestigious 2020 American Business Awards, one of eight Stevie® Awards programs that recognize business achievements and product innovation.
CISI and Association of Professional Compliance Consultants new deal boosts business and professional development opportunities for members
- 4 years 7 months ago
- Compliance
The Chartered Institute for Securities & Investment (CISI) and the Association of Professional Compliance Consultants (APCC) are delighted to announce a strategic partnership with the aim of supporting professionalism across the compliance and wider financial services sector. The partnership will allow for reciprocal arrangements to be in place for members of both organisations to access events, mutual qualifications and continuing... more
74% of UK Electronic Money Institutions (EMI) Brands are still not PSD2 Open Banking compliant
- 4 years 7 months ago
- Open Banking, Compliance
Nine months after the regulation went live, nearly three-quarters of EMI Brands in the UK have yet to implement a PSD2 Open Banking compliant interface. What are the reasons for this? There are three possible explanations. These organisations may simply not understand that they need to comply with the regulation, they may not have prioritised it yet, or, they may feel that any penalties imposed by the FCA won’t affect them.
