Category: Fintech

Explore the RegTech Revolution

Top Fintech Trends Entrepreneurs Must Watch in 2020

Financial technology (fintech), for all of its faults, helps us get more things done more efficiently. Artificial Intelligence (AI) takes it even further, allowing us to conduct business and have conversations when there isn’t even another human involved. We can have online chats with bots, for example, to accomplish or learn a myriad things. Innovation is always on the…
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2nd December 2019 0

Game-changing 2nd Gen RegTech Launched by Evidology Systems Addresses Challenges of Principles-based Regulations

RegTech company, Evidology Systems, is launching a unique service combining real-time specialist legal opinion with principles-based regulations compliance software. Seen as a true second-generation solution, QED (Quality and Evidence Driven) is the only platform optimising the process of demonstrating compliance to regulation or standard. This visual system utilises current legal opinion to allow organisations to…
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15th November 2019 0

Mastercard Launches Fintech Express

MasterCard today launched Fintech Express during the Singapore Fintech Festival 2019. According to their press release, through Mastercard’s Fintech Express, fintechs get access to a suite digital-first products, flexible commercial agreements and global licensing support for fintech looking to scale globally. They have on-boarded their first partner Rapyd, a Fintech-as-a-Service platform who has recently raised…
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11th November 2019 0

Swiss Regtech Startups in Singapore to Watch

Singapore is one of the world’s largest financial markets, a position it has earned thanks to its business-friendly environment, excellent government support, easy regulation and access to specialist knowledge. And with technology rapidly changing the financial services landscape, it comes with little surprise that Singapore has been putting a lot of effort in turning itself…
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7th November 2019 0

How regtech is changing compliance at financial firms

Regulation technology spurring changes within departments aimed at meeting financial rules Just as digital technology is forcing advisers to evolve their business, it’s also impacting compliance departments across the financial services industry. At a recent technology event in New York hosted by the Securities Industry and Financial Markets Association, regulatory and compliance experts discussed the…
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7th October 2019 0

ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”

Benoît Cœuré, the executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities. He made the remarks on Wednesday, September 25. Cœuré commented that the “global payments system still faces two major challenges: access and cross-border retail payments.” He noted…
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26th September 2019 0

Payments modernization: Addressing threats and assessing new opportunities

Payments modernization initiatives around the globe have long been a topic of huge interest and are at different stages of implementation in different countries. Time and again, it has proven to be a catalyst for the transformation that has fueled innovation. Canada is now completely into this modernization party, driven by the modernization agenda and…
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9th September 2019 0

What is strong customer authentication and why should you care?

The EU is enforcing new rules for online payments on September 14. For creative RegTech and FinTech businesses, the new legislation could present massive opportunities. Things are about to change in a big way for financial services companies. On September 14, 2019, the EU’s Revised Payment Service Directive (PSD2) will be fully implemented. Parts of…
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16th August 2019 0

5 ways how to resolve the regulatory banking puzzle

Koen Vanderhoydonk from Blanco, a scaling regtech company founded in The Netherlands shares his insights on the current regulatory challenges in the financial industry and how regtech can help. Following the 2008 financial crisis, the financial sector has experienced an increase in regulation and in the disruptive use of technology in the field. Traditional banks…
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13th August 2019 0

The ethical use of data for training machine learning technology

Adoption of AI technology is accelerating at a rapid rate. Gartner has forecast that by 2020, AI will be a top-five investment priority for more than 30 % of CIOs. A McKinsey study estimates that tech companies are spending somewhere between $20bn and $30bn on AI, mostly in research and development. While the social utility…
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31st July 2019 0