business development

The Bank of the Future: What Will It Be?
banking platform business development Capital market digital approach Digital transformation Emerging Technology

The Bank of the Future: What Will It Be?

The bank of the future will essentially be a “data company that is inclusive and leverages technology and ecosystem partnerships to deliver value for the customer’s financial and non-financial digital ecosystem in a seamless manner.” The banking organization of the future will be a value aggregator, advice provider, and access […]

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML
banking platform business business development Capital market global markets Innovation innovative solutions investment

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management. The X-sight Marketplace is an extension of NICE Actimize’s X-Sight platform-as-a-service, a single, and unified system helping financial services innovate and implement new tools for financial crime, risk, and compliance management. […]

Luxembourg regulator highlights hard Brexit implications for UK firms
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Luxembourg regulator highlights hard Brexit implications for UK firms

Luxembourg’s financial regulator has called for UK asset managers to notify it as soon as possible if they want to be able to conclude new contracts in the country following a potential “hard Brexit”. In a press release, CSSF reiterated that, if the UK exits the EU without ratifying a withdrawal […]

Four Guidelines For Success In Innovation In Digital Transformation
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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 […]

The European Commission’s latest move means the UK will face stricter finance regulations after Brexit
business business development Capital market data protection Digital transformation finance financial services industry global markets

The European Commission’s latest move means the UK will face stricter finance regulations after Brexit

Europe’s political top dogs have laid out the EU’s regulations regarding cross-border financial services trade. For Britain, this could mean stricter rules when the country leaves the EU. The European Commission has announced it is taking stock to its rules regarding equivalence in the area of financial services. In short, […]

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 […]

Why Regulatory Compliance Can Be Complicated And How AI Can Simplify It
business development Compliance data strategy financial research Fintech Regulation Uncategorised

Why Regulatory Compliance Can Be Complicated And How AI Can Simplify It

Every industry — from healthcare to entertainment — is overlooked by some or another form of the regulatory body. In fact, in some key sectors such as finance, multiple regulators control different aspects of the sector. For instance, just in the US, there are at least ten different financial regulators […]

European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied
business development Cryptocurrency digital approach Digital transformation Emerging Technology financial services industry Fintech global markets

European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied

Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for users before […]

Banking software company Temenos acquires Logical Glue for £12m
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Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform. Launched in 2012, Logical Glue uses artificial intelligence (AI) to inform better decisions through huge data sets. This is particularly useful for banks as global regulators are increasingly mandating that customers have the right […]

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. […]