Innovation

5 Dreaded Events that Threaten Information Assets Compliance
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5 Dreaded Events that Threaten Information Assets Compliance

  Life has never been harder for governors of financial services records and data. It was tough enough, in the days before data privacy regulation got brutal, keeping pace with the “What?”, “How?”, “Where?” and “Who?” of records management, alongside the monitoring and maintenance of effective security and retention processes. […]

Major Storm Clouds On The Digital Banking Horizon
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Major Storm Clouds On The Digital Banking Horizon

All of the major trends and predictions move traditional banking organizations towards the ultimate goal of digital transformation. The need to ‘become digital’ is not a matter of ‘if’, but ‘when’. The challenge is that, while the consumer expects the banking industry to follow the lead of technology and fintech […]

Regulators struggling to oversee crypto assets
Capital market Cryptocurrency data protection digital approach Emerging Technology Innovation privacy risks Regulation

Regulators struggling to oversee crypto assets

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a […]

Top 5 ways GDPR has impacted digital banking
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Top 5 ways GDPR has impacted digital banking

In its first year of operations, GDPR has created a more challenging regulatory landscape. However, it also presents new opportunities for the digital banking sector Having reached the one-year anniversary of the implementation of the General Data Protection Regulation (GDPR), we can now begin to assess how the past 12 […]

TypingDNA partners with XTN Security to help banks comply with PSD2
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TypingDNA partners with XTN Security to help banks comply with PSD2

TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats. As part of the deal, TypingDNA’s typing biometrics will integrate with XTN’s behavioural fraud prevention software to passively recognise users based on their typing patterns. With increased threats of cybercrime and regulations such […]

Tip of the ice-berg for tech regulation: automated facial recognition technology
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Tip of the ice-berg for tech regulation: automated facial recognition technology

The judgment of the High Court is awaited in relation to a judicial review claim brought by Ed Bridges against the Chief Constable of South Wales, alleging that the police force’s use of automated facial recognition technology (‘AFR’) breached his human rights and data protection legislation. The case represents a […]

Coinbase launches its cryptocurrency debit card in six more countries in Europe
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Coinbase launches its cryptocurrency debit card in six more countries in Europe

Digital currency exchange Coinbase announced Wednesday its Visa debit card is to launch in six more European countries after debuting in the U.K. in April. The card allows users with Coinbase accounts to spend cryptocurrencies like bitcoin, ethereum and litecoin in stores and online at any merchant that accepts Visa. […]

Regulation is the biggest barrier to digital innovation for UK financial institutions
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Regulation is the biggest barrier to digital innovation for UK financial institutions

New research released by financial services technology leader FIS™ (NYSE: FIS) reveals that the greatest barrier to UK financial institutions developing digital products, services and operations is regulatory compliance risk. The findings are from FIS’ global Readiness Report, which shows that, by comparison, the biggest barrier to digital innovation for […]

equensWorldline helps 25 European banks reach first PSD2 compliance milestone
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equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance. These financial institutions have become some of the first to get their testing facilities ready for the PSD2 deadline, being on track with the European Banking Authority (EBA) and corresponding National […]