Reporting/compliance

1759 articles tagged with this keyword

/sustainable

Funding Extinction: The Need for Nature-Positive Financing

Before the recent Sustainable Finance.Live event, Dr Rhian-Mari Thomas OBE, CEO, Green Finance Institute spoke with Richard Peers, Founder, Responsible Risk about the GFI's mission to direct knowledge and funding from policymakers and financiers toward decarbonisation and nature-positive outcomes. Thomas discussed concerns around the size of fossil fuel financing that is still prevalent today and points to the importance of blended finance and a combination of public and private funding to achieve climate goals. Referring to a phrase Thomas picked up while working with the Task Force on Nature-related Disclosure (TNFD), she speaks to a 'gloom-athon' state of mind as the industry must focus on avoiding 'financing ourselves into extinction.'

/crypto

Digital Assets & Payment Hubs: Simplifying Infrastructure for a Disruptive Future

In Frankfurt at Sibos 2025, Elaine Duff, Head of Money Movement and Retail Payments, FIS discussed the energy at Sibos and some of the fundamental challenges facing banks and financial institutions. Duff contextualised the urgency that many banks were already feeling surrounding modernisation and increasing regulatory changes, but she says that speed is only increasing further. Her advice is to focus on simplifying infrastructure and technical debt, suggesting a payment hub as a good place to start. Duff emphasised that the pace of change is rapid and banks will need help in keeping up, one example of this in particular is the surprising frequency with which digital assets have been brought up. In these instances, she says, it becomes more transformative and it opens up questions around how this affects cross-border payments, compliance in new regimes and the ability for smaller banks to compete with larger banks with more of a larger percentage of the correspondent banking network.

/crypto

Myths, Money & Momentum: Everything You Should Know About Stablecoins

Joining the FinextraTV studio, Andros Gregoriou, Head of Research and Professor of Finance, Liverpool Business School, Liverpool John Moores University, helped to demystify the rise of stablecoins and provides the key foundational elements that all should know. Gregoriou began by breaking down the four forms of stablecoins: 1. Dollar pegged, 2. Commodity pegged, 3. Digital Asset pegged and 4. Non-collateralised. These four forms, he says, are critical to understand as not all stablecoins are equal or risk-free, as is sometimes assumed. Other crucial elements to understand, Gregoriou asserts, are carefully implemented regulation, like a principle-based approach, the importance of the one-to-one relationship, and of the need for stablecoins to be fully backed. Further to this, he gives his opinion on what the future may look like when other countries continue to release their own versions, not pegged to the dollar.

/payments

How AI and Digital Currencies Are Reshaping the Payments Infrastructure

At Sibos 2025 in Frankfurt, Ramon Villarreal, Head of Payments, Global Payments Industry Lead at Red Hat, discussed the evolving balance between innovation and reliability in the payments industry. He noted that while innovation has accelerated in recent years, trust and operational resilience, reinforced by regulations like DORA, are once again top priorities. Villarreal emphasised the growing need to simplify payment complexity, especially as banks prepare to integrate stablecoins and CBDCs. He predicted a surge in agentic AI use cases, including fraud prevention and intelligent routing, alongside the rise of interoperable faster payment networks. With digital currencies and AI reshaping the landscape, Villarreal called for efficient, scalable systems to meet the demands of a rapidly transforming market.

/crime

From False Positives to Faster Payments: The Case for Smarter Screening

At Sibos 2025 in Frankfurt, David White, Global Head of Product and Data, Risk Intelligence, LSEG discussed findings from the report Operating at the Speed of Crime, which highlights the urgent need for real-time risk intelligence in financial services. Surveying over 850 professionals, the report revealed widespread delays in payments and onboarding, high false positive rates, and overwhelming support for real-time data to improve compliance. White emphasised that poor data quality undermines AI-driven automation and screening, especially as regulators demand faster, more accurate responses. He also noted regional differences in adoption, with the EU leading on instant payments and real-time screening, while APAC and North America face distinct infrastructure and regulatory challenges. His recommendation: prioritise data quality, transparency, and collaborative AI strategies to stay ahead of evolving threats.

/ai

SunTec launches AI-augmented analysis tool

SunTec Business Solutions today announced the launch of its enhanced, AI-augmented Account Analysis Solution, designed to help US banks unlock deeper client insights, strengthen treasury relationships, and drive profitable growth.

/crime

Eventus partners with Treliant on trade surveillance

Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions announced today its collaboration with Treliant, a global consulting and managed services firm recently acquired by Huron Consulting Group (Huron).

/sustainable

Tandem offsets 100% of 2024 operational emissions

Tandem, which is building the UK’s greener digital bank, has again taken climate action into its own hands, partnering with Climate Impact Partners (CIP) to offset 100% of its operational emissions for last year – purchasing over 3,300 tonnes of high-quality carbon credits.

/regulation

How Flexibility in Compliance Solutions Can Avoid Instant Payment Frictions

Joining the FinextraTV studio at Sibos 2025, Sophie Lagouanelle, Chief Product Officer, Financial Crime Compliance and Audrey Lamontagne, Director, Product Management, Financial Crime Compliance, LexisNexis® Risk Solutions share their thoughts on the current state of compliance solutions. Discussing the complex impact of instant payments when it comes to compliance, Lamontagne describes how screening solutions must keep pace with today’s payment landscape while maintaining regulatory compliance, all while ensuring legitimate payments aren’t unnecessarily stopped. Addressing how frequently the industry changes, Lagouanelle and Lamontagne explain how important it is to work in collaboration with customers and create solutions that are flexible and modular in order to avoid friction and enable effective adaptability.

/regulation

Regulator warns Australian banks on technology risks

Australian banks and their internal audit teams need to pay more attention to the risks posed by legacy technology and an over reliance on a select number of cloud providers, according to the industry's watchdog.

/ai

Swedish AI startup Grasp raises $7m in series A funding

Grasp, the Swedish AI startup automating investment banking and management consulting work using multi-agent systems, today announces it has raised $7 million in Series A funding led by Octopus Ventures, with participation from existing investor Yanno Capital.

/ai

GoodData launches AI data platform for financial services

GoodData, a leading analytics and data intelligence company, today unveiled new finance-focused applications for its composable AI platform, designed to tackle the industry’s toughest challenges.

/people

UBS reshuffles top ops roles

Swiss bank UBS has announced a series of changes to its executive team including a reshuffle of its operations and technology roles.

/regulation

Why Operational Resilience Starts with Smart Regulation and Smarter Technology

At Sibos 2025 in Frankfurt, James Hollands, CRO, Smartstream discussed the impact of evolving regulation, particularly DORA, on operational resilience and vendor accountability. He emphasised the need for firms to identify, prioritise, and resolve vulnerabilities while maintaining transparency across subcontractor relationships. Hollands also highlighted how rapid market shifts and emerging payment rails demand flexible, interoperable platforms. By leveraging machine learning for reconciliation and exception management, it enables firms to integrate their preferred large language models for AI-driven workflows. His advice: embrace AI responsibly, ensuring it’s embedded in a way that supports compliance, agility, and operational efficiency.

/regulation

How the Future of Finance Will Be Governed by Agentic AI and Trusted Data

Joining the FinextraTV studio in Frankfurt, Cyril Cymbler, Head of FSI - EMEA & Global Banking, Databricks explored the critical role of data governance in the age of agentic AI. With financial institutions facing increasing regulatory pressure, Cymbler emphasised that high-quality, well-governed data, along with metadata, machine learning models, and access controls, is essential for building trust and regulatory compliance. He described the shift from rule-based systems to sophisticated AI agents capable of managing other agents, enabling real-time decisions like credit scoring and fraud detection. Cymbler outlined three success factors for financial institutions: defining clear business value, anticipating risk, and streamlining processes. He concluded with three key recommendations: establish strong data governance, set structured AI goals, and ensure scalability of use cases—to unlock the full potential of agentic AI in financial services.

/ai

Agentic AI platform selected for FCA sandbox

Ani Tech, a UK-based agentic AI platform focused on financial advice, has been chosen to participate in the inaugural AI sandbox initiative of the UK's financial regulator, the Financial Conduct Authority (FCA).

/regulation

Smarsh and Jeffries extend relationship

Today, Smarsh announced that Jefferies has selected the company’s flagship communications surveillance technology to address the growing challenge of monitoring vast and complex digital communications.

/security

Blockpass partners with RWA Inc. for verification services with tokenisation

Web3 regtech Blockpass, the identity verification and compliance service for blockchain and beyond, is delighted to reveal that its latest partnership will be with RWA Inc., the state-of-the-art launchpad for RWA and DePIN issuers and investors.

/ai

CUBE acquires Kodex AI

CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces the acquisition of Kodex AI, a Berlin-headquartered technology business pioneering the use of agentic AI to transform compliance and risk management across the global financial industry.

/crime

Nasdaq upgrades surveillance platform after AI pilot

Nasdaq, Inc. (Nasdaq: NDAQ) today unveiled a series of enhancements to its market surveillance platform, having completed a pilot which successfully embedded advanced AI functionality at every stage of a market abuse investigation.