data strategy

Jumio to build eKYC process for I-Remit
announcement banking platform business business development Capital market data strategy digital approach digital bank

Jumio to build eKYC process for I-Remit

Digital identity startup Jumio is to create a streamlined digital onboarding and eKYC process for non-bank remittance service provider I-Remit. I-Remit empowers local Filipinos and those working internationally to easily send money in and out of the Philippines. According to the World Economic Forum, the country received the equivalent of […]

CFTC Says Enforcing Risk-Management Rules Is a Priority
banking platform business data strategy finance regulated investment Regulation Risk Management Security

CFTC Says Enforcing Risk-Management Rules Is a Priority

In a first, swaps regulator charges the bank with violating risk-management regulations put in place after the financial crisis The Commodity Futures Trading Commission for the first time charged a bank with violating risk-management rules adopted after the financial crisis, a signal to the industry to bolster internal controls in […]

Navigating the Fog of RegTech Innovation
banking platform data analytics data protection data strategy digital approach Digital transformation Emerging Technology finance Innovation Regulation

Navigating the Fog of RegTech Innovation

As with all markets, the RegTech market comprises buyers and sellers – buyers being the regulated institutions dealing with the challenges of ever-increasing regulation and the sellers are the RegTech vendors, offering innovative technological solutions to help regulated firms meet those challenges. Sitting between both sides of the market, here […]

Data-driven regulation and compliance is the key to a successful future financial services industry
AI Compliance data strategy digital approach digital currency Digital transformation Emerging Technology new technology Regulation Risk Management

Data-driven regulation and compliance is the key to a successful future financial services industry

Data-driven regulation and compliance is the key to a successful future financial services industry With regulators being the ‘public champion’ for new data technologies, this paper explores the automation of regulation and compliance and areas that offer significant potential to transform services and support the work of regulators. The data […]

Digital Transformation: Beware the Legal Details
data analysis data strategy digital approach Innovation innovative solutions law marketing

Digital Transformation: Beware the Legal Details

Digital transformation can be a prime opportunity for a company’s growth and development, however, it can also be a prime opportunity for cybercriminals, according to Dan Hanson, SVP of management liability & client experience with Marsh & McLennan Agency. Cybercriminals have found that targeting companies when they are in a […]

Four Guidelines For Success In Innovation In Digital Transformation
banking platform business development Capital market data analytics data strategy

Four Guidelines For Success In Innovation In Digital Transformation

A problem afflicts many companies undertaking transformation: they aren’t ready for innovation. But they need innovation to change their competitive positioning in the market. Today, many companies want their IT organizations to partner with the business to create opportunities for innovation and supportive services that drive transformation. And they look […]

Is RegTech encouraging a cloud revolution?
data protection data strategy digital approach finance Innovation innovative solutions Market Data News Regulation

Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation. However, before this can happen, FIs must identify […]

The ethical use of data for training machine learning technology
AI data analytics data protection data strategy digital approach financial services Fintech new technology News Regulation

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 […]

ACI Worldwide announces new RegTech tools to comply with upcoming strong customer authentication rules
data strategy Digital transformation finance Fintech News Regulation

ACI Worldwide announces new RegTech tools to comply with upcoming strong customer authentication rules

Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU’s Revised Payment Service Directive (PSD2) snapping into action in September. The new rules will introduce regulations regarding strong customer authentication, or SCA. This means customers will have added […]

Why is RegTech investment around the world growing?
banking platform business development Compliance data protection data strategy digital approach Emerging Technology finance financial research Innovation innovative solutions

Why is RegTech investment around the world growing?

Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue. The RegTech sector is booming. The industry has just experienced a record-breaking first six months of the year with $3.7bn having already been […]