technology

Saudi Business Is About to Get More Complicated for EU Banks
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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 […]

The swift climb of regtech: How technology is transforming regulatory compliance
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The swift climb of regtech: How technology is transforming regulatory compliance

Having emerged from obscurity to be the new buzzword, here’s what you must know about regtech. Worldwide, financial services in all forms are subject to extensive regulatory supervision for the protection of a large number of stakeholders. Regulatory compliance – characterised by long and tedious processes and costs – has […]

BankThink Bank regulators are getting serious about innovation
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BankThink Bank regulators are getting serious about innovation

I predict we’ll look back on 2019 as the breakthrough year when the U.S. financial agencies moved, each and all, to begin the digital modernization of regulation and compliance. Regulatory change is slow by nature — by design, really, because getting things wrong can do so much damage. It’s also […]

Fintech Revolution: From Data Management to the New Financial Ecosystem
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Fintech Revolution: From Data Management to the New Financial Ecosystem

The place of technology has transformed in our lifetime, moving from the mainframe to the palm of our hands. Once it meant efficiency, but now it’s enabling our lives, and whole economies, to change. In the 1970s, my mother was a COBOL programmer, working for Hammersmith Council. There were sandbags […]

Expanding the Sphere of “Regtech” to Procurement and Supply Chain Technology
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Expanding the Sphere of “Regtech” to Procurement and Supply Chain Technology

Good to hear from our founder and procurement tech guru here on the UK/Europe site – hopefully we’ll hear more from Jason in the coming months. On Spend Matters yesterday, Chen Amit, CEO of Tipalti, penned a guest post that introduced the topic of “regtech”. He observes that: “In 2019, […]

Emerging fintech innovations set to influence SME lending in 2019
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Emerging fintech innovations set to influence SME lending in 2019

Aaron Hughes, Managing Director of Equiniti Riskfactor, looks at some of the emerging Fintech themes that will shape the SME lending landscape A wiser man than me once said that anyone attempting to make predictions will end up either wrong or lucky. In 2019, against a backdrop of uncertainty about […]

UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance
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UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance

The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release. BSI, which has operated since 1901 and had a reported revenue in 2017 of 473 million GBP (about […]

FINRA Forum Shows Promises and Pitfalls of New Technologies
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FINRA Forum Shows Promises and Pitfalls of New Technologies

How experts from the securities industry and its regulators view AI, blockchain and other new technologies In the future, blockchain, artificial intelligence, network analytics and other new technologies may become as commonplace as the next-day or same-day delivery of consumer items, which was only an idea a few years ago. But for […]

Seven things every executive should know about Machine Learning
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Seven things every executive should know about Machine Learning

Machine Learning capabilities hold great potential for new revenue streams and tremendous cost savings for enterprises. Increasingly, businesses are using ML to strengthen their competitive advantage and drive innovation. Is your organisation embracing this shift or are you falling behind? If you are on the “bias-for-action” side of the scale […]

50% of Hong Kong consumers happy to share financial data with 3rd-parties
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50% of Hong Kong consumers happy to share financial data with 3rd-parties

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture. Accenture, a financial solution developer, conducted an online survey of 2,010 Hong Kong consumers late last year, with […]