Tag: risk management

Explore the RegTech Revolution

50% of Hong Kong consumers happy to share financial data with 3rd-parties

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture. Accenture, a financial solution developer, conducted an online survey of 2,010 Hong Kong consumers late last year, with results showing opportunities open banking…
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18th January 2019 0

IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry

Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press release published Jan. 16. MineHub is a company that uses technologies including blockchain to develop cost-saving applications for the metals and mining…
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17th January 2019 0

Solving Challenges with Smart Assets

In late 2018, Waves Platform released Smart Assets on MainNet and launched Tokenomica, a fully compliant exchange for digital assets. This article, centered on use cases for Smart Assets, comes as the first in a series focused on how Waves solutions facilitate building the financial system of the future. Cryptocurrency Trading Over the last couple…
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16th January 2019 0

Blockchain: the Best of 2018 and What to Expect in 2019

In the year 2018, we saw more improvements for blockchain. In the year 2018, we saw more improvements for blockchain. Blockchain has been the talk of the town for the last few years. The year 2017 was a groundbreaking year, considering that the price of Bitcoin reached nearly $20k. This indirectly helped make blockchain reach…
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14th January 2019 0

Singapore to Launch Automated Litigation Work Platform For Prosecutors, Set to Embrace AI

Singapore’s main prosecuting body, the Attorney General’s Chambers, or AGC, which looks after crime and financial sector cases, is to launch an automated litigation analysis work platform to improve efficiency in its courts. It is also set to embrace large scale text analytics for major evidence reviews. And, the important South East Asian legal centre…
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11th January 2019 0

IoT Trends to Watch for in 2019

Anyone following Internet of Things news has undoubtedly noticed a shift in headlines: The world where everything computes is here However, the IoT is not a static force, and developers and users are constantly finding news ways to exploit the simple yet powerful concept of connected everything. In 2019, the industry should expect emerging trends…
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8th January 2019 0

New contract battleground for AI in law

Managing mountains of contracts held by in-house legal departments is emerging as the next big battleground for artificial intelligence in law. Cambridge-based start-up Luminance has revealed a move into the corporate market by announcing that financial services company Think Money Group had adopted its technology – up to now, installed mainly in law firms – to…
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14th November 2018 0

Cynopsis Solutions continues international expansion with the opening of EMEA office in London

Automated Know Your Customer (KYC) solutions provider, Cynopsis Solutions, today announces that it is launching its Europe, Middle East and Africa (EMEA) operations from new offices in London.   The firm, which is headquartered in Singapore, provides secure, cost-effective software that streamlines and automates KYC processes. Founded in 2014, it has over 750 corporate clients…
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6th November 2018 0

UK banking customer satisfaction: promising responses for high street banks

UK banking customer satisfaction levels have increased over the past decade and significantly so in the last five years. The banking sector has undergone rapid changes since the 2008 financial crisis and now Brexit poses a similar uncertainty. It’s essential for banks and building societies to ensure strong customer experiences stays at the forefront of…
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2nd November 2018 0

UK regulators reveal ‘comprehensive’ crypto regulation plans

Sale of crypto-referencing derivatives could be banned UK regulators have laid the groundwork for the regulation of cryptoassets and distributed ledger technology (DLT), such as blockchain, with the publication of a long-awaited report. The HM Treasury-led Cryptoasset Taskforce report, published on Monday (30 October), focusses on consumer protection concerns linked to the use of cryptocurrencies,…
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31st October 2018 0