Monday, April 22, 2024

BOE asks FinTech firms to help warn banks about cyberattacks

The Bank of England is recruiting FinTech companies to help prevent cyberattacks targeting financial institutions. Read more: www.fintechranking.com

Fingerprint algorithm for smart cards succeeds

The Neurotechnology MegaMatcher On Card algorithm for fingerprint matching on a smart card is compliant with the same NIST MINEX III criteria. Read more: www.prnewswire.com

KYC may be the next big thing for blockchain

The KYC process is costly, inefficient, and mandatory but the use of blockchain has the potential to reduce much of the headache. Read more: www.bankinnovation.net

UK & US FinTech Working Group to explore RegTech

Innovate Finance and Hogan Lovells are looking at the potentially transformative role that regulatory technology (RegTech) will have on US financial environment. Read more: www.fintechranking.com

Contego snaps up Right-to-Work solution Working Status

UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com

Avalara picks up $96m to make compliance less taxing

Cloud-based tax compliance company Avalara has raised $96m in a new round that takes its total funding to more than $300m. 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

Rise of the robots; rise of RegTech

Robo advisers are democratizing access to financial services, and with it RegTech is growing. Read more: finovate.com

Smart contracts in RegTech?

Faisal Khan on how the world can benefit from regulator initiated smart contracts on the blockchain. Read more: www.banknxt.com

Dinosaur Merchant Bank uses Ancoa for MAR

The rollout of MAR in July 2016 requires financial institutions to monitor trading activity for instances of market abuse through platforms like Ancoa. Read more:www.finextra.com

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