Risk, governance, and compliance is all about visibility
Technology has changed how risk is viewed and more importantly, how risk is amplified. Read more: gigaom.com
BNP Paribus takes stake in RegTech startup Fortia
BNP Paribus Securities Services has invested in compliance startup Fortia giving the BNP Paribus subsidy a minority stake in the business. Read more: www.fintechroundup.com
The AML conundrum solved?
Blockchain could be the transformative technology that solves the AML (anti-money-laundering) conundrum. Read more: banknxt.com
Chinese banks want to use blockchain to combat fraud
Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud. Read more: fortune.com
Blockhain could regulate Russia’s national payment system
Russia’s AFI released a “roadmap” for improving the regulation of the National Payment System that includes using blockchain technology. Read more: www.cryptocoinsnews.com
How FinTech could revolutionise Compliance
Compliance in financial services could be revolutionised by financial technology and make the processes more efficient for firms and regulators. Read more: blogs.wsj.com
London leads RegTech growth as global investment soars
Regulation is a space with a clear need for innovative new approaches to problems the very largest of financial institutions have grappled with for a long time. Read more: www.fintechroundup.com
Onfido now serves 2 billion unbanked individuals
Onfido announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. Read more: www.crowdfundinsider.com
Fraugster nabs $5m for AI-powered anti-fraud
Artificial intelligence-powered anti-fraud startup Fraugster has raised $5m in funding. Earlybird led the round with existing backers also participating. Read more: www.fintechroundup.com
Could regulators perform AML in a blockchain world?
Real time networks provide central banks the ability to settle mass market retail transactions in real time. Read more: www.finextra.com