Digital transformation

FCA takes control over AML and CTF supervision of UK cryptoasset activities
announcement data analytics Digital transformation finance financial crime new applications Regulation Regulatory System

FCA takes control over AML and CTF supervision of UK cryptoasset activities

UK businesses conducting cryptoasset activities must register with the FCA. The UK Financial Conduct Authority (FCA) has become the anti-money laundering and counter-terrorist financing (AML/CTF) supervisor for businesses engaging in certain cryptoasset activities under the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs). Any UK business […]

Mastercard turns to AR to visualize loyalty benefits
AI announcement business development Capital market data strategy Digital transformation Emerging Technology financial services global markets

Mastercard turns to AR to visualize loyalty benefits

Payments giant Mastercard launched a new augmented reality (AR) app this month that lets cardholders get a bird’s-eye view of their benefits. It’s a move that the company hopes will drive engagement and loyalty, and add value to the offerings of its partner financial institutions. “At Mastercard, we’re using our technology […]

UK Financial Watchdog Now Supervises AML/CTF Compliance For Businesses
announcement Capital market Cryptocurrency data protection data strategy Digital transformation Emerging Technology financial services Innovation

UK Financial Watchdog Now Supervises AML/CTF Compliance For Businesses

The well known and popular UK financial watchdog which is the Financial Conduct Authority (FCA) is now actively supervising the anti-money laundering (AML) and counter-terrorist financing (CTF) compliance for companies which are carrying out crypto-related activities. The Bitcoin and altcoin news feature an official announcement published on January 10 which […]

US blockchain firm Securrency secures $17m funding
Blockchain business development Capital market Compliance digital bank Digital transformation Emerging Technology finance

US blockchain firm Securrency secures $17m funding

Fintech and regtech infrastructure firm Securrency has picked up Series A funding of $17.65 million for its blockchain-fuelled ambitions. WisdomTree Investments led the round. Other participants include the Abu Dhabi Investment Office through its Ventures Fund, Japanese financial services company, Monex Group, and venture capital firms RRE Ventures, Strawberry Creek […]

13 Changes Coming To The Banking Industry
announcement banking platform Capital market cybersecurity data analytics digital bank Digital transformation Emerging Technology financial services

13 Changes Coming To The Banking Industry

Very few industries have a long history and stability the banking industry has enjoyed. Banks depend on the firm trust of their customers, and as a result, change usually takes a long time. However, in recent years, members of the banking sector have realized that evolution is necessary if they […]

5 data trends for 2020
announcement business development Capital market data analytics digital approach Digital transformation Emerging Technology global markets

5 data trends for 2020

The company of the future will make most of its major decisions with a little help from data analytics. From a staffing firm looking for the right software vendor to a pharma company in search of the next miracle drug or a retailer working to streamline its supply chain, industries turn […]

Apple offers $1million prize to hackers who can find security holes in Apple Watch, iCloud, and other devices
cybersecurity data protection data strategy digital approach Digital transformation Emerging Technology Innovation privacy risks Security

Apple offers $1million prize to hackers who can find security holes in Apple Watch, iCloud, and other devices

Apple has officially launched an its-device wide hacking bounty The program offers a range of cash prizes for people who find security flaws  Covered devices will include Apple Watch, iPhone, iPad, Apple TV, and iCloud Today, Apple officially opened a hacking program that will pay people who discover bugs and […]

Temenos adds wealth management apps to Temenos Infinity for Retail Banking
announcement banking platform business business development Capital market digital approach Digital transformation Emerging Technology

Temenos adds wealth management apps to Temenos Infinity for Retail Banking

Temenos adds wealth management apps to Temenos Infinity for Retail Banking, broadening services to increase retail banks’ competitiveness Robo-Advisor and Goal-Based Investing bring a fast-to-market, personalized, digital wealth experience to retail banking customers GENEVA, Switzerland – December 18, 2019 – Temenos (SIX: TEMN), the banking software company, has strengthened its […]

Security in the supply chain – a post-GDPR approach
cybersecurity data protection data strategy digital currency Digital transformation Emerging Technology finance financial research GDPR GDPR compliance global markets

Security in the supply chain – a post-GDPR approach

A year and a half after the introduction of the EU’s General Data Protection Regulation, Fieldfisher’s James Walsh reviews the fundamentals of supply chain security. Not that long ago, businesses were rushing to put in place contractual terms with their processors to comply with the General Data Protection Regulation’s (GDPR’s) […]

EU Agrees Steps Toward Tighter Money-Laundering Supervision
announcement business development Capital market compliance training data analysis data protection Digital transformation Emerging Technology financial crime global markets innovative solutions investment Market Data Money-Laundering

EU Agrees Steps Toward Tighter Money-Laundering Supervision

European Union finance ministers on Thursday backed plans for greater powers to combat money laundering after a series of revelations about large amounts of dirty money flowing through European banks. The EU last year experienced its largest money-laundering scandal when it emerged that 200 billion euros ($220 billion) in suspicious […]