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.
Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities
- 4 years 7 months ago
- Lending, Cloud, Fraud Detection, AML and KYC
Temenos (SIX: TEMN), the banking software company, today announced that the Norwegian State Housing Bank, Husbanken, will replace its legacy IT system and deploy Temenos Transact to digitalize and optimize its lending operations. Temenos’ partner, Syncordis, will support the implementation. Temenos’ cloud-native core banking product will drive operational efficiencies across the bank’s back-office operations and reduce cost and complexity.... more
Adaptive Behavorial Risk Models Automatically Protect Consumers
- 4 years 7 months ago
- Fraud Detection, AML and KYC
Fraud and financial crime continue to increase during societal changes. Data has altered due to a dramatic shift in consumer spending patterns. Machine learning models traditionally created on historic data need re-training to learn new consumer behaviors and be effective at identifying fraud and financial crime and optimizing payment flow.
Ingenico launches SCA Accelerator suite to help with PSD2 compliance
- 4 years 7 months ago
- Compliance
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today unveils its SCA accelerator suite to help online businesses remain compliant, innovate and better control their data.
NICE releases integration of trading recording and Microsoft Teams to drive digital transformation
- 4 years 7 months ago
- Compliance
Hoboken, N.J., NICE (NASDAQ: NICE), a leading provider of financial communication compliance solutions, today announced the release of the integration of the NICE Trading Recording System (NTR) and the Microsoft Teams unified communications platform. NICE also announced that it is working with Microsoft to certify NTR under Microsoft’s new Certified for Microsoft Teams certification program for compliance recording solutions.
Wolters Kluwer Updates OneSumX for Regulatory Reporting and Signs ING in China
- 4 years 7 months ago
- Regulatory Standards, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has released an update for its OneSumX for Regulatory Reporting solution to allow clients to meet the Second-Generation People’s Bank of China Enterprise Credit Reference Submission.
Britons Embrace Biometrics But Over Half Will Abandon Applications If Not Fully Digital
- 4 years 7 months ago
- Covid-19, Compliance, AML and KYC, Security
Since the start of the COVID-19 outbreak, much focus and value has been put on contactless and online interactions – particularly in the financial sector. New research commissioned by global analytics software provider FICO, conducted just before the pandemic took hold, shows that online interactions were already very much par for the course amongst UK consumers. The challenge for financial institutions appears to be ensuring that the entire on-... more
Financial services organisations are not prioritising compliance in their modernisation efforts – new report from Advanced reveals
- 4 years 7 months ago
- Banking, Compliance
Just 6% of financial services organisations say it’s essential for them to modernise their legacy systems to meet current regulatory and legislative demands. This surprisingly low figure is according to new global research from Advanced, which also reveals that only 20% cite an inability to meet compliance and regulatory demands as their top reason for modernising mainframe based legacy systems.
IronFX to open R&D Centre in Mumbai
- 4 years 8 months ago
- FX Contracts, AML and KYC
IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of international companies utilising the ecosystem in Mumbai to drive innovation and growth.
NICE Actimize’s AML Solutions Chosen by Rakuten Securities to Improve Operational Efficiencies and Reduce Compliance Risk
- 4 years 8 months ago
- Compliance, AML and KYC
NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Rakuten Securities Inc., a major online brokerage operating throughout Japan and across Asia, to implement an innovative anti-money laundering compliance platform to protect and support its investor clients and meet regulatory requirements. Rakuten Securities will utilize industry-leading solutions from NICE Actimize’s... more
