Tag: data analytics

Mode deploys selfie biometrics and ID document checking from Onfido for top compliance and user experience
announcement data analysis data protection data strategy Digital ID Digital transformation global markets Identity Fraud

Mode deploys selfie biometrics and ID document checking from Onfido for top compliance and user experience

Onfido has been selected by Mode, a fintech app that allows users to trade bitcoin, to provide automated identity verification with document analysis and facial biometrics to ensure full compliance with KYC requirements and seamless user experience for European citizens using the service, the company announced. Mode is leveraging Onfido’s […]

Why 67% of companies fear they can’t sustain privacy compliance
data analytics data protection data strategy digital approach Digital ID Emerging Technology finance global markets Identity Verification Innovation innovative solutions

Why 67% of companies fear they can’t sustain privacy compliance

True privacy depends on where and how data travels. Data privacy management and protocol got a facelift with the enactments of the General Data Protection Regulation and the California Consumer Privacy Act. Many companies failed to meet compliance standards in time for GDPR. And for companies that met the deadline, 67% fear […]

InfoComply Launches Compliance and Data Privacy software Platform2.0 to Address New Regulations Worldwide
announcement business business development Compliance data analytics data protection data strategy Security strategy study technology

InfoComply Launches Compliance and Data Privacy software Platform2.0 to Address New Regulations Worldwide

Consumer data privacy and corporate compliance management firm InfoComply announced today a new version of the company’s software platform, providing upgraded tools for companies seeking compliance with international security and privacy regulations, including the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and Brazil’s New General Data Protection […]

Mitratech acquires ClusterSeven so it can offer an end-to-end data privacy solution
Capital market Compliance compliance training data analysis data protection data strategy finance Innovation new applications Regulation risk tolerance Security strategy technology

Mitratech acquires ClusterSeven so it can offer an end-to-end data privacy solution

Legal and compliance software builder has acquired ClusterSeven so it can offer an end-to-end solution suite for easing data privacy and information governance efforts. Mitratech offers a compliance suite which enables GRC professionals to meet obligations of regulations including SOX, MiFID II, GDPR, Volker and more. To ease compliance burdens, […]

Former U.S. regulator leads effort to create digital dollar
announcement banking platform business business development Capital market Cryptocurrency cybersecurity digital approach digital bank Digital transformation

Former U.S. regulator leads effort to create digital dollar

The project will explore how a cryptocurrency could produce a more efficient and safer means of cross-border trade, clearance and settlement. The former chair of the Commodity Futures Trading Commission (CFTC) has partnered with Accenture to create the non-profit Digital Dollar Project, which plans to explore the creation of a U.S. […]

HSBC launches real-time payments for business clients
announcement banking platform business business development Capital market finance Innovation regulated investment Regulation

HSBC launches real-time payments for business clients

HSBC is improving payments for its business clients through a suite of tools launched last week called Treasury APIs, which are designed to speed up payments for small businesses and large corporate clients alike.  HSBC’s Treasury APIs embed payment capabilities into other workflows. According to the bank, this allows treasurers to make payments from their […]

Red Deer and Cappitech combine MiFID II and MAR services for the buy-side
announcement business development Capital market Compliance compliance training data analytics data strategy digital approach global markets regulated investment Regulation Regulatory System

Red Deer and Cappitech combine MiFID II and MAR services for the buy-side

Compliance technology providers Red Deer and Cappitech will offer each other’s services to their respective clients for a more integrated solution. Technology providers Red Deer and Cappitech have teamed up to combine their services to provide investment firms with a holistic regulatory compliance solution. The partnership will see Red Deer […]

The Process of KYC and its Future in an Evolving World
banking platform business development Compliance data protection digital bank finance financial crime financial research innovative solutions

The Process of KYC and its Future in an Evolving World

Complying with KYC does not entail one single check, but rather, is a series of processes that combine to ensure the verification of an individual’s identity and the analysis of their suitability to use financial services. The main stages that make up this process are identification, Customer Due Diligence (CDD) […]

Spotting suspicious transactions: Why automation is the future of compliance
Compliance Cryptocurrency cyber security data analysis digital approach digital bank digital currency financial crime financial research financial services Fintech

Spotting suspicious transactions: Why automation is the future of compliance

The compliance side of Fintech is Regtech, and the same automation technology can drive the growth of safe, legal digital payments. Southeast Asia’s Internet economy—the fastest and largest growth in the world—is primed for explosive growth. A report by Google, Temasek and Bain & Company found the region’s Internet economy […]

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 […]