Tag: technology

BNY Mellon to add ETFs to agency lending collateral list
banking platform business business development financial services new technology Security

BNY Mellon to add ETFs to agency lending collateral list

BNY Mellon is set to add exchange-traded funds (ETFs) to its collateral list by the end of the year in response to client demands for greater flexibility when collateralizing securities lending transactions. In a report for institutional customers in the US and the Asia Pacific published last week, Simon Tomlinson, […]

Businessman hand holding  coin money cover growing plant.  Plant growing out of coins with filter effect, money growing and small tree in jar, green nature background.  Investment concept.
Digital transformation Emerging Technology financial services financial services industry Innovation investment new applications new technology strategy technology

AISPs: The Future of Money Management

Business models and tech aside, Open Banking companies look set to change the way we handle our cash Since the European Union introduced the second Payment Services Directive – or PSD2 – in January of last year, there’s been an explosion in the number of new financial technology companies entering […]

Navigating the Fog of RegTech Innovation
banking platform data analytics data protection data strategy digital approach Digital transformation Emerging Technology finance Innovation Regulation

Navigating the Fog of RegTech Innovation

As with all markets, the RegTech market comprises buyers and sellers – buyers being the regulated institutions dealing with the challenges of ever-increasing regulation and the sellers are the RegTech vendors, offering innovative technological solutions to help regulated firms meet those challenges. Sitting between both sides of the market, here […]

Payments modernization: Addressing threats and assessing new opportunities
business Innovation innovative solutions technology

Payments modernization: Addressing threats and assessing new opportunities

Payments modernization initiatives around the globe have long been a topic of huge interest and are at different stages of implementation in different countries. Time and again, it has proven to be a catalyst for the transformation that has fueled innovation. Canada is now completely into this modernization party, driven […]

Crypto exchange and wallet platform Edge expands to Australia, Israel and Nordic Countries
application banking platform Cryptocurrency Digital transformation Emerging Technology

Crypto exchange and wallet platform Edge expands to Australia, Israel and Nordic Countries

Non-custodial crypto exchange and wallet platform Edge has released its 1.9.1 version which includes integrations with new partners: Banxa, Bits of Gold, CoinSwitch, FIO, Safello, and Tezos. The latest update enables full-service offering usage and payment methods in new regions, allowing users to effortlessly access and trade different digital currencies. […]

Data-driven regulation and compliance is the key to a successful future financial services industry
AI Compliance data strategy digital approach digital currency Digital transformation Emerging Technology new technology Regulation Risk Management

Data-driven regulation and compliance is the key to a successful future financial services industry

Data-driven regulation and compliance is the key to a successful future financial services industry With regulators being the ‘public champion’ for new data technologies, this paper explores the automation of regulation and compliance and areas that offer significant potential to transform services and support the work of regulators. The data […]

Axonius nets $20m to support of cybersecurity asset management platform
cyber security data analytics Digital transformation Emerging Technology finance innovative solutions Risk Managament

Axonius nets $20m to support of cybersecurity asset management platform

Cybersecurity Asset Management company Axonius has netted $20m in its Series B round which was led by new investor OpenView. Existing backers of Axonius including Bessemer Venture Partners, YL Ventures, Vertex, WTI, and Emerge, also contributed funds to the round. The new proceeds bring Axonius’ total equity raised to $37m. […]

The one job in banking the robots can’t take
AI application banking platform Digital transformation Emerging Technology Innovation innovative solutions

The one job in banking the robots can’t take

Regulators, frustrated with the slow speed of change, have encouraged banks to deploy more technology. Picture: Shutterstock When HSBC thwarted a $500 million central-bank heist, sophisticated computer software didn’t raise the alarm. The funds flowed undetected from Angola’s reserves to a dormant company’s account in London. It was a teller […]

Visa releases new security tools to combat payment fraud
Capital market data analysis data protection Digital transformation Emerging Technology fees finance financial crime payment fraud

Visa releases new security tools to combat payment fraud

Visa has released a suite of security capabilities which will help prevent and disrupt payment fraud. The new payment security services protect the integrity of the payments ecosystem by detecting and disrupting fraud threats targeting financial institutions and merchants. Its services are available to Visa clients at no extra cost […]

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML
banking platform business business development Capital market global markets Innovation innovative solutions investment

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML

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. […]