Tagged: regtech

International RegTech Association Launches, Lists Executive Board Members

The non-profit International RegTech Association (IRTA), incorporated in Switzerland in May, has launched to provide a united community of individuals and organizations, with a shared vision to innovate, advance, and influence the future of Regulatory Technology (Regtech).  Regtech is a vital aspect of financial services…. Read More

Hong Kong Resurgence: Asian Financial Center Targets Fintech Dominance

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of alternative finance. But recently Hong… Read More

NatWest Links with Recordsure to Trial AI ComplianceTech

NatWest has joined with Recordsure, deciding to trial AI technology to boost customer confidence and insure “best possible” information and advice. The partnership will allow NatWest to explore how Recordsure’s RegTech recording and analysis solution can be used to improve and monitor the quality of information and… Read More

Growing Reg Influence in MENA Fintech: Abu Dhabi Global Market Joins R3 Consortium

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has joined R3 as a new member of its international consortium. ADGM is the first regulatory body in the Middle East and North Africa (MENA) region to be part of the R3 consortium, comprising over… Read More

SWIFT & Dow Jones Risk & Compliance Publish RegTech Report (Infographic)

A large majority (75%) of anti-money laundering (AML) professionals believe the current geopolitical landscape presents new risks and challenges for preventing financial crime at their organisations, according to a joint survey by SWIFT and Dow Jones Risk & Compliance. To address these risks, more than half… Read More

People’s Bank of China Committee Investigates Fintech’s Impact & Influence

The People’s Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight, according to a release. China has emerged as a… Read More

Lemon Way: Payments & Regtech for 29 Countries in 24 Languages

In its early days as a Payment Service Provider, Lemon Way took up the challenge of meeting the complex needs of crowdfunding platforms while drastically cutting the costs and relieving them of much of the regulatory burden of payment transactions. Five years later, the company… Read More

Regtech Reducing Compliance Costs for Early Adopters in Financial Markets

Last week, TABB Group released a report entitled “Financial Markets: Embracing RegTech” which focused on the growing issue of increasing regulatory compliance facing financial institutions today. TABB Group is an international research and consulting firm focused on capital markets. Problem: Increasing Regulations Post-2008 The global financial… Read More

Innovate Finance News: Members to Join UK RegTech Mission to NYC This Week

Innovate Finance announced on Monday its members will be joining a RegTech delegation to New York City this week, which is being organized by the Department for International Trade (DIT). According to the organization, this is DIT’s first RegTech mission to America and will be part of… Read More

Kabbage Co-Founder & Head Fintecher Kathryn Petralia: Power Lending, Predictions & Progress

  “Fintech, online lending, AI and privacy are complicated issues, so we’ve created innovative solutions and approaches that D.C. embraces once they understand them. Our message to Washington is: call us! We have someone to translate tech speak and “bureaucratese” for all of Washington’s questions.”… Read More

Lloyds Banking Group & Innovate Finance Partner on Fintech Mentoring Program

Lloyds Banking Group launched a Fintech mentoring program last year. At that time, Innovate Finance helped to identify suitable start-ups to benefit from the program. The Fintech start-ups benefit from knowledge sharing of experienced Lloyds Banking Group colleagues to aid their development in the financial… Read More

Qumram Wins “Growth Stage Startup of the Year” at Swiss Fintech Awards

Qumram, a global Regtech firm providing digital compliance and risk management solutions to the financial industry, has been awarded its third top award, in the past three months – this time at the Swiss FinTech Awards 2017 ceremony in Zurich. The selection process involved 70 applicants… Read More

Regtech Firm Qumram Receives CHF 1.5 Million Investment from Mundi Ventures

Mundi Ventures has invested CHF 1.5 million in Qumram, a Fintech firm that focuses on regulatory compliance and risk management.  Qumram said Mundi’s investment finalized their 2016 angel funding to expand services both in the UK and North America. Headquartered in Madrid, Mundi is a… Read More

Regtech Firm Qumram Receives Recognition as Most Innovative Fintech by Swiss Bankers

Regtech firm Qumram, has received a nice recognition at the 4th Annual WealthBriefing Swiss Awards 2017. Quumrm, a Fintech firm that provides digital compliance and risk management solutions, has been recognized as the “Most Innovative Fintech” by the Swiss private banking and wealth management community. Stephen… Read More

Blockchain Regtech Startup Coinfirm Receives $700,000 in VC Funding From Luma Ventures

Blockchain regtech startup, Coinfirm, announced on Wednesday it secured $700,000 from Luma Ventures during an ongoing seed round to continue its growth and development. Coinfirm has built a blockchain risk and compliance platform. The company’s platform notably brings transparency and security to its blockchain transaction… Read More

Finance Disrupted: Is London’s Fintech Crown Debatable?

The State of Fintech in the United Kingdom. Observers in London see a paradox at the heart of today’s financial technology sector. If Fintech is all about playing the cutting edge and disrupting the mainstream, how come so many Fintech players and commentators obsess so… Read More

French Finance Regulators Embrace Fintech

With more than 1700 participants from 35 countries, the recent Paris Fintech Forum demonstrated the strength of the French Fintech ecosystem and the attractiveness of Paris as a financial center. French officials and financial regulators participated in the event with a strong delegation and asserted… Read More

Deloitte: 2016 Economic & Political Upheavals Challenge Financial Services Companies

Weapons present in the South China Sea.  The U.S. backs out of the Trans-Pacific Partnership deal. South Korea’s president facing impeachment.  Duterte wins the Philippines presidential election. These are just a few of the explosive economic and political events that have continued to unfold in the… Read More

Australian Treasurer Promotes the Benefits of Fintech & Regtech

The debate regarding Fintech revolution almost always includes a discussion of regulation. And it should. The financial industry is one of the most regulated sectors of commerce there is. But as Fintech has evolved an emerging ecosystem of firms seeking to facilitate regulatory compliance has… Read More

Here is the FCA Feedback Statement on RegTech Innovation

The Financial Conduct Authority (FCA) in many ways is the most innovative regulatory body in the world today. Yes, I know. It can be hard for some people to see the word “Regulation” next to “Innovation” when referencing a government agency. But the proof is… Read More