RegTech Insight RegTech Innovation (Machine Learning, AI & Blockchain) The latest content from across the platform

Investment in Regulatory Technology can Reap Wider Business Benefits

By: Yousaf Hafeez, Head of Business Development at Radianz, BT One of the major outcomes of the financial crisis has undoubtedly been the marked rise in regulatory scrutiny. The banking industry, for example, has paid in the region of $345 billion in global regulatory fines over the past decade, according to research from the Boston…

Refinitiv deploys Trulioo digital identity verification technology to strengthen fight against financial crime

Refinitiv and Trulioo, a provider of digital identity verification technology, have partnered to offer access to digital identity solutions that could strengthen the fight against financial crime and foster financial inclusion. The partnership plans to deliver innovative solutions that will help financial institutions reduce fraud and financial crime by verifying billions of customers online while…

Liquidnet Plans to Further AI Strategy Following RSRCHXchange Acquisition

In mid-May, Liquidnet, a global institutional investment network, acquired RSRCHXchange, a marketplace and aggregator for institutional research that was originally launched in 2015. The acquisition enables the Liquidnet platform to deliver a new level of research and analytics into the global investment process for its institutional investor client base. In line with Liquidnet’s FinTech strategy,…

Effective Surveillance Can Only be Achieved with Communications Coupled with Market Data Analysis

By Ofir Shabtai, CTO and Co-Founder of Shield FC. Whilst enterprise software applications have proven effective at flagging up possible noncompliance events, once an exchange is flagged, it is largely down to the compliance team to follow through with the necessary investigation directly. With the considerable challenges of monitoring modern data-driven financial markets, it’s essential…

Fenergo Finds Outdated Technology Preventing Investment in Disruptive Technologies

Fenergo has published the final installment of its three-part Client Lifecycle Management Trends Report – Disrupt the Disrupters and the findings are rather gloomy in an industry that needs to drive towards digitalisation to sustain success. According to the research, 20% of C-suite executives in banks say the lack of maturity of their technology infrastructure…

Fenergo Builds National KYC Utility with Bahrain’s Electronic Network for Financial Transactions

The Kingdom of Bahrain has set out to improve financial institutions’ client onboarding and  minimise fraud through a partnership with Fenergo. Bahrain’s Electronic Network for Financial Transactions (BENEFIT) is working with the vendor to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including…

A-Team Group Announces Winners for 2019 RegTech Insight Awards

A-Team Group on Friday announced the winners of its prestigious RegTech Insight Awards during a well-attended and energetic ceremony held at Banking Hall on London’s Cornhill. The awards, now in their third year, recognise excellence and innovation in the provision of technology solutions to meet regulatory requirements within the financial services industry, and are uniquely…

IBM Partners with Thomson Reuters on New AI/Data Combination to Simplify Regulatory Compliance

IBM (through Watson Financial Services) and Thomson Reuters Regulatory Intelligence on Wednesday announced a joint collaboration to help banks address ever-growing regulatory requirements through a new combination of AI and real-time regulatory insights. Financial institutions are faced with hundreds of regulatory alerts daily, with an estimated 300 million new regulations on the way by 2020….