digital approach

Swift to test real-time cross border payments in Europe
banking platform business development Capital market digital approach Emerging Technology financial services industry

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips). While payment messages cross the Swift network in real-time, the settlement and receipt of funds in the beneficiary account can lag by several […]

Technology Overtakes Regulation as Key Driver of Change in Compliance
business development Compliance data strategy digital approach Emerging Technology

Technology Overtakes Regulation as Key Driver of Change in Compliance

Compliance and the role of the compliance officer have changed significantly over the past decade as a result of escalating regulation, technology development, an increasing focus on culture and conduct risk, and the ever closer relationship between compliance and the business. Automation has also come to the fore as compliance […]

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 […]

How Regulated Industries Can Put Their Compliance On Autopilot
banking platform business business development Capital market Compliance digital approach Emerging Technology

How Regulated Industries Can Put Their Compliance On Autopilot

Corporate compliance is a hot topic these days. From the General Data Protection Regulation (GDPR)’s the big introduction in the EU last year to the daily headlines about data breaches, we’re constantly reminded of the impact and costs of noncompliance. For example, in 2017, Nissan Co. lost its ISO 9001 certificates […]

Top 5 ways GDPR has impacted digital banking
banking platform business Capital market data strategy digital approach financial research Innovation

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
banking platform business business development data protection data strategy digital approach Emerging Technology finance Innovation new technology

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 […]

How to Spring Clean Your Digital Clutter to Protect Yourself
cyber security data protection digital approach Risk Management Security

How to Spring Clean Your Digital Clutter to Protect Yourself

You’re using strong and unique passwords. You’re on the lookout for phishing emails. And you’ve set up two-factor authentication on every account that offers it. Basically, you’re acing Personal Cybersecurity 101. But with new threats popping up all the time, you may be looking for other steps you can take […]

IDEX Biometrics partners with Tongxin Microelectronics to create biometric card
banking platform biometric business development digital approach Emerging Technology

IDEX Biometrics partners with Tongxin Microelectronics to create biometric card

IDEX Biometrics fingerprint identification and authentication solution builder, is collaborating with Tongxin Microelectronics (TMC) to create a biometric card. TMC, a China-based smart card builder, will work with IDEX to build a biometric smart card solution for end-customer implementation. The card will be a dual-interface solution which combines the biometric […]

PayPal invests in and partners with open banking platform Tink
banking platform business Capital market digital approach global markets innovative solutions

PayPal invests in and partners with open banking platform Tink

Open banking API developer Tink has received an investment from online payments giant PayPal. The value of the transaction was not disclosed. Funds from the investment will be used to support Tink’s expansion across Europe and extending the reach of its open banking services, as well as build the next […]

Visa says payment industry can move away from using passwords
Capital market cybersecurity digital approach finance Fintech Identity Verification privacy risks

Visa says payment industry can move away from using passwords

World Password Day was “observed” last month and there is no better time to acknowledge that the computer password is over 50 years old. It was invented by Fernando Corbato in the 1960s. Since then, other ways for consumers to authenticate their identity have been developed and according to a […]