In Kazakhstan, the rigid regulations of financial companies now also apply to online lending companies, leaving many to wonder if FinTech companies can thrive (or even survive) under such conditions. …
Read More »The growth of FinTech in Georgia
FinTech is becoming of crucial importance for financial institutions, influencing nearly every financial activity and transforming money management channels. The financial sector in Georgia is no different; here’s a quick …
Read More »UK to harness FinTech to ensure an economy for the future
The government of the United Kingdom (UK) has unveiled its first FinTech sector strategy. A cryptoassets task force (consisting of Her Majesty’s Treasury, the Bank of England (BoE) and the Financial …
Read More »MasterCard and IBM create Truata, an independent data trust
MasterCard and IBM have founded Truata, an independent trust that will allow companies to conduct analytics while complying with the upcoming General Data Protection Regulation (GDPR) of the European Union …
Read More »UK’s Financial Conduct Authority calls for smarter regulatory reporting
The Financial Conduct Authority (FCA) of the United Kingdom is examining how technology can help firms meet regulatory reporting requirements and, potentially, improve the quality of the information provided to …
Read More »EU regulators seek to shape the future of FinTech
A new action plan from the European Commission (EC) is aiming to support the growth of technology-enabled financial services. The action plan, due to be launched in spring 2018, will …
Read More »Top RegTech Trends for 2018: Expert Opinion
Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018: Resolving …
Read More »RegTech requires a more collaborative effort
Chris O’Driscoll, head of disruptive change at PA Consulting Group, believes that it is important for RegTech that there is a collaborative system between banks, insurers, asset managers, regulators, tech …
Read More »RegTech and its driving forces
RegTech has become one of the latest buzzwords in the FinTech world. But what exactly is RegTech? And what’s driving it? RegTech, in its broadest sense, is any technology and/or …
Read More »The rise of RegTech
RegTech is one of the latest trends in the financial industry. It arose as developers began seeing the need financial market players had for technological solutions to the increasing number …
Read More »Video: why banks are investing in RegTech
Banking industry regulations are becoming more and more complex and nuanced. Tony Reid, CTO of financial services at Hitachi Data Systems, discusses why banks are turning to RegTech to help …
Read More »Video: RegTech trends
Anand Sanwal of CB Insights discusses the future of RegTech. Infographic: 10 biometric examples reshaping our world Startups are disrupting the payments industry RegTech improves compliance but also increases costs
Read More »RegTech improves compliance but also increases costs
RegTech is widely used in the financial industry to comply with regulations. However, according to Bank Director’s 2018 Risk Survey, the cost of implementing RegTech has increased. 55% of the …
Read More »Bank of Russia to pilot new financial ecosystem
The Bank of Russia presented a concept for a new financial ecosystem at the Finopolis forum in autumn 2017 and is ready to begin testing it in the second half …
Read More »Infographic: how RegTech savvy are you?
Banking Technology and BearingPoint have conducted a brief survey to find out the industry view on RegTech as well as its implications for all parties. Video: 5 2020 financial intelligence …
Read More »Infographic: the benefits of RegTech
Since the financial crisis, the pace of new regulations has tripled, making regulatory compliance into an automated and recurring process extremely important. As such, RegTech firms are part of a …
Read More »Infographic: online and mobile banking vs. brick-and-mortar
As bank customers increasingly turn to online and mobile channels, the world of classic “brick-and-mortar” banking is becoming a thing of the past. Check out this infographic on how FinTech …
Read More »Infographic: digital banking customers
Modern banking customers want mobile technologies that let them bank whenever and wherever they want, but are banks doing enough to help customers reach their financial goals and dreams? Find …
Read More »Video: revolutionizing customer onboarding
The creation of truly smart customer identification is revolutionizing customer onboarding by making it fast, cheap and scalable. Infographic: cashless payments now reign supreme Moving past legacy systems Central Asia …
Read More »Video: why future bank branches will look like Apple stores
As online and mobile banking continue their rise in prominence, bank branches are expected to decrease by up to one third in the next decade. Banks, however, are starting to …
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