CB Insights

NOVEMBER 2, 2017

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. The volume of regulation has created more surface area for compliance gaps.

Compliance 72

Compliance Regulation blockchain Software 72

PYMNTS

MARCH 14, 2019

Both corporates and banks have said Know Your Customer ( KYC ) regulations are their most pressing compliance concerns, with nearly three-quarters of businesses with more than $1 billion in revenues pointing to KYC as their top challenge. ” and an overall rise in complexity of current regulations.

Fraud 115

Fraud Survey Taxes Regulation 115

Insights on Business

FEBRUARY 15, 2018

New methodologies and technologies such as artificial intelligence are empowering firms to finally gain control of their risk and compliance efforts. Transforming the way compliance departments operate to meet the new reality requires an investment in technology.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

Insights on Business

OCTOBER 16, 2018

Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. You’ll gain the tools to create cloud-native solutions that incorporate the latest advances in mobile, AI and blockchain technology.

Capital 157

Capital Tools System blockchain 157

Alex Jimenez

NOVEMBER 4, 2023

Regulation and Compliance: Not one of the more exciting topics, but there seems to be a growing emphasis on FinTech regulation and compliance, particularly around industry stability and consumer protection. Two years ago, the buzz was all about cryptocurrency and blockchain/DLT.

Conference 84

Conference Meeting Trends Fintech 84

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. ”

Industry 158

Industry Tools Regulation Management 158

BankUnderground

JUNE 25, 2020

Broadly, the Bank of England receives two main types of quantitative data from regulated firms. Second, and separately, regulators also have access to more granular data on specific types of financial agreements and transactions. Central banking is also becoming more data intensive. Such technology can reduce transaction costs.

Data 110

Data Big Data Regulation Risk Management 110

CFPB Monitor

JUNE 11, 2019

Involve a business model, delivery mechanism, or element that may require the applicant to be licensed or authorized to act as a financial institution or other entity regulated by the Utah Financial Institutions Act. Notably, Utah’s definition expressly includes blockchain technology.

Utah 60

Utah Arizona Regulation Innovation 60

Lex Sokolin

DECEMBER 25, 2019

I realize this because several blockchain industry analysts have put out absolutely fantastic work that should be your reference for the coming year. There’s a lot to say about the overlap of Fintech and blockchain, but let’s find the very edge of the frontier and focus right there. something between equity voting and dividend yield).

blockchain 52

blockchain Bitcoin Software Lending 52

Fintech Labs Insights

OCTOBER 30, 2016

The company notes “while the name is new, the marriage of technology and regulation to address regulatory challenges has existed for some time with vary degrees of success.” My Virtual Strongbox ( F14 ) introduced the kind of secure document storage technology that can help FIs better manage customer documentation.

blockchain 12

blockchain Trends Fintech social media 12

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue.

Fintech 143

Fintech Strategy Leadership Lending 143

Lex Sokolin

JULY 1, 2019

Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Adding Blockchain to the mix merely adds a 21st system, which is by design incompatible with everything else. how the interest is generated and whether this is regulated banking activity, we’ll leave for another time.

Bitcoin 40

Bitcoin System Software blockchain 40

Fintech Labs Insights

SEPTEMBER 25, 2015

Risk management. Tags: Enterprise, security, regulations, compliance, fraud protection. Source: FT Partners. Distributed financial platform . HQ: San Jose, California. Latest round: $6 million. Total raised: $19 million. Source: WhoGotFunded. HQ: London, England, UK. HQ: London, England, UK. Latest round: $4.7

San Francisco 12

San Francisco Company Fintech San Jose 12

Tomorrow's Transactions

DECEMBER 19, 2016

A number of the new technology projects that we have been involved with recently have come to a similar conclusion, which is that the use of new technology to reduce the cost of transactions is a struggle, but the use of the new technology to reduce the cost of regulating the transactions has a much better business case.

Mobile 30

Mobile Retail Trends Security 30

FICO

APRIL 19, 2021

And with that comes regulation. While the exact status of regulations is still emerging from the Biden/Harris Administration , one thing is for sure: identification of all parties involved in transactions will reduce the risk of money laundering and other illicit activities. Ride the Rails, Pay the Price (of Identification).

cryptocurrency 52

cryptocurrency Bitcoin Compliance Resources 52

PYMNTS

JANUARY 27, 2017

In China, he proffered by way of example, there is a multi-purpose score calculated for things like credit decision and risk management derived data from Tencent networks and through conduits such as Alibaba, Alipay and Ant Financial. amid compliance initiatives, he continued, there is usually collaboration across the U.S.

blockchain 100

blockchain Security Guidelines Fraud 100

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations.

Analytics 109

Analytics Risk Management Fintech Data 109

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Regulator Award. Seriously, given what we see in origination process reviews, we almost understand this.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

NOVEMBER 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures, and Y Combinator. This round brings TRM’s total amount raised to $5.9

cryptocurrency 103

cryptocurrency Risk Management blockchain Capital 103

Fintech Labs Insights

NOVEMBER 18, 2015

It uses algorithms to provide robo-advisory for traditional banks who are losing affluent customers to dedicated money managers. BankersLab’s Benchmarking is an addictive simulation game for fintech investors, regulators, and bank executives to predict which managers and lending institutions will make good decisions.

Company 12

Company Comparison Customer Experience Management 12