For the latest news, events and jobs
Monday, October 14, 2019
As the number of financial advisors continues to decrease, firms must think creatively to breathe new life and excitement into the financial services profession. As the number of financial advisors continues to decrease year after year due to planned retirements, unforeseen events, or simply the frustration of increased regulation, firms […]
Advanced Fraud Solutions (AFS) has formed a strategic partnership with Automated Systems to build support check fraud protection. The partnership will see the integration of AFS’ check fraud prevention solution, TrueChecks, with the Automated Systems’ Insite Online Banking and Mobile Apps. By leveraging the TrueChecks check fraud database, Automated Systems’ […]
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 […]
New Zealand now legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so, according to a Financial Times report. The country requires the preferred cryptocurrency to be pegged to a standard currency and directly convertible into a normal form of payment. This […]
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’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 […]
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 […]
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud. The new policy helps businesses mitigate the potential financial impacts of cyberattacks, with access to 24/7 crisis management. Policyholders get protection for potential fines or penalties from state or federal […]
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 […]
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, […]
