Tag: Fintech

Explore the RegTech Revolution

The Innovation Race With Fraudsters Worldwide

For every innovation in payments and commerce worldwide – faster payments, marketplace-based commerce, self-service retail – there always seems to be a fraudster waiting in the wings. And while the opportunities for innovative advancements are many, the costs of fraud are high and growing. Which is why the new race in the market is applying next-generation…
Read more


13th May 2019 0

Mercury Payment Solutions and Arion Bank Select Fiserv Anti-Money Laundering Technology

(NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a payment scheme in the Middle East and a universal bank in Iceland have chosen Fiserv technology to streamline anti-money laundering (AML) processes and effectively manage fraud risk. Mercury Payment Services and Arion Bank were seeking a provider with proven expertise and join more than 1,200 organizations worldwide that rely…
Read more


2nd May 2019 0

Will The BigTech Empire Capture LegalTech? The Exari Example

Exari, the well-known document automation platform and contract lifecycle management system, has been bought out by US-based and NASDAQ-listed business spend management company, Coupa Software. Importantly, Coupa works across all sectors. The key thing for the California-based Coupa was not the legal bit, instead it was the connectivity between its data analysis strategy and Exari’s…
Read more


25th April 2019 0

Fintech innovations are transforming every aspect of the financial sector

As the concept of fintech has come to symbolize the growing importance of technology in the financial sector, innovations are continuously being developed around the globe. Financial technology, often called fintech, now covers a wide range of technological innovations in the financial sector affecting virtually every industry that can be so categorized. At this point,…
Read more


22nd April 2019 0

Varo Money gets NICE anti-fraud tech

Varo Money, the US challenger bank, has selected NICE Actimize to implement its financial crime strategy for anti-money laundering (AML) protections, including know-your-customer (KYC) requirements, sanctions screening and transaction monitoring capabilities. Varo will integrate NICE Actimize’s AML Essentials, a software-as-a-service (SaaS) AML solution that detects and scores a range of banking activities, including customer due…
Read more


10th April 2019 0

CoCoNet revolutionises corporate banking online security with its new MULTIVERSA Token for Mobile and Desktop

Banks have the opportunity to make huge cost savings on their corporate customer authentication services for online banking, thanks to CoCoNet’s new MULTIVERSA Token for Mobile and Desktop. These revolutionary app-based tokens remove any need for banks’ corporate customers to use additional authentication tools when logging in to their online banking platforms. Instead, corporate customers…
Read more


8th April 2019 0

Regulatory compliance – The new business enabler

Leila Szwarc, global head of compliance and strategic regulatory services at TMF Group, explains how Asia-Pacific organisations can cultivate a more robust approach to compliance amid data privacy concerns and the changing local and international regulatory landscape Leila Szwarc, TMF Group According to a recent Risk.net/TMF Group survey, 56% of Asia‑Pacific (Apac) organisations currently see…
Read more


20th March 2019 0

The rise of ‘GiantTech’ poses a giant test for regulators

It’s almost become a distant memory, the near collapse of the financial system. Regulators were overwhelmed by increasing technical complexity, competitive product innovation run amok and global financial institutions that leap-frogged sovereign regulatory boundaries. Regulators, with no global framework to conduct oversight and decades of laissez faire regulation, had neither the tools nor the manpower…
Read more


12th March 2019 0

Don’t just check that box. What if regulatory compliance actually enhanced business innovation and performance

“For companies, regulatory compliance does not mean just checking a box to keep the dogs at bay. It can mean achieving performance benchmarks that move the company forward,” says Ronald Lear, the CMMI Institute’s Director of IP Development. Organisations of all sizes are coming to grips with an increasingly troubling paradox. On one side, regulators…
Read more


26th February 2019 0

Global Financial Innovation Network invites applications for testing of innovative financial products

The network comprises 29 organizations, such as the UK Financial Conduct Authority and the Australian Securities & Investments Commission. The Global Financial Innovation Network (GFIN), which comprises 29 international organisations such as the UK Financial Conduct Authority (FCA) and the Australian Securities & Investments Commission (ASIC), starts accepting applications from firms that would like to test…
Read more


20th February 2019 0