Latest Reporting/compliance News: Finextra Research

FE fundiinfo expands European ESG data provision

Global fund data and technology company FE fundinfo has expanded the range of ESG data it provides to MSCI and its clients.

03 November 2022

News/regulation

Money20/20 US: CFPB to finalise US open banking rule by 2024

Director of the US Consumer Financial Protection Bureau (CFPB), Rohit Chopra, took to the Money20/20 stage to outline the Bureau’s strategy toward determining regulation of open banking in the US.

25 October 2022

News/crypto

Money20/20 US: Regulators missing crypto’s ‘sleeping issue’ – Andreessen Horowitz

Taking the stage for day one session, ‘Rationally Regulating Web3: The opportunity of a lifetime,’ Jai Ramaswamy, chief legal officer, Andreessen Horowitz said regulators are missing a core issue with supervision of Web3.

24 October 2022

Research/Reporting/compliance

The Future of Digital Banking in North America 2023

21 October 2022 1154 downloads

Company update/wholesale

Cytora and Moody's Analytics ally for digital risk data

Cytora, a digital risk processing platform, and Moody’s Analytics, a leading provider of financial intelligence and analytical tools, have partnered to provide the commercial insurance industry a more streamlined and informed understanding of risk. The data provided by Moody’s comes pre-integrated into the Cytora platform providing insurers with a superior risk selection driving uplift to GWP.

20 October 2022

Company update/regulation

Fenergo launches KYC offering

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a new perpetual KYC solution to enable financial institutions to streamline periodic KYC review processes and reduce costs through automation.

20 October 2022

Company update/regulation

Tuum and Salv collaborate on AML compliance

Tuum, the API-first and modular core banking platform, announces a new partnership with Salv, the regtech company founded by Wise and Skype employees to combat financial crime.

20 October 2022

Company update/regulation

Corlytics and Fimatix forge regtech partnership

Two of the leading tech innovators, digital consultancy Fimatix and regulatory risk intelligence firm Corlytics, have agreed to formalise their partnership.

20 October 2022

Company update/regulation

Know Your Customer expands US coverage

Award-winning RegTech provider Know Your Customer has today announced the expansion of its registry coverage to include all 50 State registries in the United States.

19 October 2022

News/regulation

Bunq wins AML case against Dutch Central Bank

Dutch challenger bank Bunq has hailed a "landmark" verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes.

18 October 2022

Company update/regulation

Regtech Kaizen Reporting recruits managing director

Leading regulatory technology firm, Kaizen Reporting today announced that Matthew Vincent is the latest senior hire to join the team.

18 October 2022

News/security

FSB bids for greater convergence in cyber incident reporting

The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.

18 October 2022

Company update/payments

UK firms turn to technology for Consumer Duty obligations

Firms are overwhelmingly turning to technology in order to surface data and insights that solve the challenge set by the FCA’s new Consumer Duty according to new research from Moneyhub, the Open Finance, Open Data and Payments platform, conducted by Opinium

17 October 2022

News/payments

PayPal to ride out social media backlash over misinformation policy change

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.

14 October 2022

News/sustainable

Sibos 2022: Spotlight on Greenomy, Swift Innotribe's sustainability winner

Escaping from the main stage for a hot minute, Finextra listened in to a pitch on the Sibos Discover stage, where Fabian Vandenreydt, chief strategy officer at Greenomy, outlined the ESG-focused fintech’s plan to streamline banks’ and corporates’ sustainable finance reporting in line with the EU Taxonomy, SFDR and CSRD/NFRD.

13 October 2022

Company update/security

ID Crypt Global launches decentralised security infrastructure

ID Crypt Global, a decentralised digital identity and security provider, has launched a decentralised security infrastructure for financial services. The patented solution, which ID Crypt Global has named DPKIps, allows financial institutions to move away from costly Public Key Infrastructure (PKI), to a highly resilient and cheaper decentralised Public Key Infrastructure solution.

06 October 2022

Research/Reporting/compliance

SaaS: The case for building a new banking business model

03 October 2022 519 downloads

News/regulation

SEC hits Barclays with $361m fine for securities over-issuances

The US Securities and Exchange Commission (SEC) has charged Barclays Bank PLC and Barclays PLC for the unauthorised sale of securities.

30 September 2022

News/regulation

FCA’s amendment to the 90 day PSD2 rule comes into effect

The update will further streamline users’ ability to confirm data access for open banking services.

30 September 2022

Company update/identity

Drip Capital joins forces with digital ID provider Onfido

Drip Capital, Inc., a leading cross-border digital trade finance platform, announced a partnership with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.

28 September 2022