BFC Bulletins Monthly News Digest

With an increased focus from regulators and financial institutions on compliance, artificial intelligence (AI)-based solutions are being increasingly examined for their potential. One of the more interesting solutions is the …

For most financial institutions, the core of what takes onboarding so long is the collection, validation and processing of consumer data and documentation as part of an effort to ensure …

With increasing pressure from regulators regarding know-your-customer (KYC) principles and anti-money laundering (AML), many financial institutions are now turning to artificial intelligence (AI)- and machine learning-based solutions to automate and …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor Around the World: The FinTech Times has predicted how the outbreak …

Compliance is continuing to evolve in Kazakhstan, and our friends at banker.kz have outlined 7 key compliance trends for the country in 2020: Compliance risk management and internal control systems …

Compliance was once viewed solely as a tool to ensure regulatory compliance, but it has quickly become an integral element of corporate culture. Much of this change in perspective is …

Dialogue Management Partners is hosting the third annual Compliance, Internal Control and Audit in Financial Institutions conference in Moscow in late May 2020. The conference will feature a number of …

For several years, the Bank of Russia has been preparing financial institutions in Russia for a transition to a data-centric reporting model, pressing them to improve data collection and approaches …

The Bank of Russia has approved a RegTech and SupTech roadmap to ensure effective and high-tech regulation and supervision in the country. The roadmap was designed to: determine the goals …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor.  Around the World: Amsterdam will play host to the …

With more and more business taking place across borders, cross-border payments are becoming increasingly important. As these payments speed up and move toward real-time, compliance teams need to be able …

Financial institutions are always on the lookout for effective and innovative ways to combat fraud, ensure anti-money laundering compliance and enhance security. Let’s take a look at 5 trends expected …

The battle against financial crimes has a new and exciting tool at its disposal. Using artificial intelligence (AI) and machine learning, this new automated solution detects suspect activities. Learn how …

Financial markets around the globe are continuously seeking a better balance between risk mitigation and operational efficiency, highlighting the need for robust analytics. Take a look at how the need …

A constantly-changing regulatory environment and increased consumer demands are constantly putting pressure on financial institutions to provide faster, more convenient and safer solutions. Risk and compliance experts Casper Stam and …

We traditionally view new technologies through the lens of the day-to-day conveniences they can provide us or the revolutionary ways they change society around us. But they also impact us …

Although the effective implementation of FinTech, RegTech and InsurTech solutions has much to offer the financial services industry, there are still numerous challenges to overcome before these solutions can really …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave.   Around the World: ATMmarketplace.com …

As the world heads toward an increasingly digitized economy, there are more and more choices for how individuals and businesses consume financial services. But in working toward this future and …

Biometrics has become a USD 14 billion industry, largely driven by the rise of biometric security in mobile technology. In fact, 57% of apps today feature a biometric login option, …