Tuesday, January 26, 2021

You’ve heard of FinTech, get ready for RegTech

Fintech is transforming consumer financial services, but automation and data innovation can also help banks meet their growing regulatory demands. Read more: www.americanbanker.com

Adapting regulation for the FinTech world

The Consumer Financial Protection Bureau quietly modernized regulations associated with a 38-year-old law to bring safeguards to today’s mobile world. Read more: www.regblog.org

NEX Regulatory Reporting platform launches

NEX Optimisation, which helps clients simplify complexity and optimise their resources, announces the launch of NEX Regulatory Reporting. Read more: www.finextra.com

Fintech spawns RegTech to automate compliance with regulations

Entrepreneurs and innovators are invading the complex and often arcane world of regulatory compliance. Read more: www.bloomberg.com

ComplyAdvantage grabs $8.2m for AI-driven compliance

Artificial intelligence-based compliance startup ComplyAdvantage has raised $8.2m in a Series A round. The investment in the London-based regtech firm was led by Balerton Capital. Read more: www.fintechroundup.com

Will IBM Watson endanger RegTech startups in 2017?

The history of RegTech may take a hit and course correction as IBM has silently made its way into RegTech this fall. Read more: www.letstalkpayments.com

Invoice fraud a problem for FinServ

Invoice fraud isn't just a problem for governments - financial services should combat it, too. Read more: www.pymnts.com

Bitcoin gets legal protection in China

The Chinese authorities issued a notice on the risk prevention of Bitcoin in 2013. Read more: e27.co

SEC Chief White: FinTech may need new regulation

New regulations may be needed to keep up with the “speed and impact” of FinTech developments, said SEC Chairwoman White. Read more: www.thinkadvisor.com

The AML conundrum solved?

Blockchain could be the transformative technology that solves the AML (anti-money-laundering) conundrum. Read more: banknxt.com