Security

Risk, finance and regulatory reporting: adopting an integrated approach
banking platform finance Innovation Regulation Risk Management Security

Risk, finance and regulatory reporting: adopting an integrated approach

Certain features are essential for handling the soaring amounts and types of data demanded by regulators, but others depend on each firm’s particular circumstances. That’s according to Jeroen Van Doorsselaere, VP, global risk and finance, for Wolters Kluwer’s finance, risk and reporting business. The financial services industry has gotten used […]

Saudi Business Is About to Get More Complicated for EU Banks
business data protection finance financial crime financial research Fintech Identity Fraud law Regulation Risk Management Security technology

Saudi Business Is About to Get More Complicated for EU Banks

European Union banks will face higher hurdles in dealing with clients from countries including Saudi Arabia as the bloc moves to tighten controls on illicit financial flows. Panama and the U.S. Virgin Islands will also be put alongside Iran and North Korea on a new EU roll call of 23 […]

European Regulators Call for Common EU-Wide Regulatory Approach for ICOs
Blockchain Cryptocurrency Risk Managament Security

European Regulators Call for Common EU-Wide Regulatory Approach for ICOs

The European Securities and Markets Authority (ESMA) has published its advice to the European Union (EU) institutions on crypto-assets and initial coin offerings (ICOs) regulation, calling for a common EU-wide regulatory approach. In its advice paper, ESMA notes that some member states have or are considering introducing crypto-assets related rules […]

Amphora announces certified native integration with CubeLogic
cloud technologies Compliance Emerging Technology finance Risk Managament Security

Amphora announces certified native integration with CubeLogic

Enables Symphony CTRM users to seamlessly leverage the market leading KYC onboarding, business process management and credit risk management capabilities of the RiskCubed platform   Wednesday 24th October 2018 – Houston and London. Amphora, a leading vendor of multi‑commodity trading and risk management solutions to streamline operations, reduce transaction costs […]

Cyber security concept with lock
banking platform financial crime News Risk Managament Security technology

Banks Should Cash In On Cybersecurity

Banks have been at the forefront of cybersecurity for years, investing heavily to protect some of their clients’ most valuable and sensitive information. Such heavy investment in cybersecurity is increasingly the cost of doing business in financial services, but it also presents an opportunity for banks to generate a return […]

Strategic Implementation of an Anti- Financial Crime (AFC) Organization
banking platform financial crime Risk Managament Security

Strategic Implementation of an Anti- Financial Crime (AFC) Organization

In recent years, the number of publications where financial institutions have become a victim of or been involved in financial crimes, especially in money laundering, has increased dramatically. The main problem with such financial crimes is that they usually do not only affect the company itself (e.g. through costly fines or […]

FEEDZAI raises $50 million in series C funding as AI fraud prevention platform expands globally
Funding Security

FEEDZAI raises $50 million in series C funding as AI fraud prevention platform expands globally

Feedzai will continue investing in strengthening its global leadership position including a planned 150% increase in headcount throughout 2017 Feedzai, the leader in using artificial intelligence (AI) to empower enterprises to manage risk and fight fraud in real-time, announced today that it has closed $50 million in new funding including a […]

Darktrace Thwarts Brute-Force Attack on Accounting Firm
Security

Darktrace Thwarts Brute-Force Attack on Accounting Firm

Enterprise Immune System Halts In-Progress Cyber-attack Aimed at Subduing Entire Network Darktrace, the world leader in AI technology for cyber defense, has today announced that it detected and stopped a brute-force attack aimed at gaining control of an accounting firm’s network in Singapore. The pernicious threat bypassed the organization’s traditional […]