Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Regulatory technology, is a new technology that uses information technology to enhance regulatory processes. With its main application in the Financial sector, it is expanding into any regulated business with a particular appeal for the Consumer Goods Industry. Often regarded as a subcategory under FinTech, RegTech puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry.
While communications surveillance has become a more pressing requirement in recent years, the truth is that most of the current generation of platforms was built 20 years ago. Society has changed a lo...
The Securities Exchange Commission’s (SEC’s) primary function is to protect investors, by drafting and enforcing regulations which hold firms accountable for their actions. One fundamental example of ...
As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - partic...
According to Wikipedia, “in science, computing, and engineering, a black box is a system which can be viewed in terms of its inputs and outputs, without any knowledge of its internal workings. Its imp...
Money moves the economy, and the world. By making it easier to move money, we make it easier to foster entrepreneurship, and we create opportunities for growth. Hence, it’s natural to feel very optimi...
By all reports, investment money is flowing into Japan. With the Nikkei up over 30% this year, it appears that Japan is on the other side of its “lost decade”. The Nikkei has not been this high since ...
Having a strong KYC and KYB program is vital for FIs to fight fraud and risk. And now, this is becoming less of an option. In an effort to combat financial crimes such as money laundering and terroris...
Fund managers today are bullish about the retail markets as a new investment stream, in part to reduce dependence on institutional portfolios. But many in private equity and venture capital are grappl...
Card payment operations is a highly regulated industry, with a core aspect being compliance with license rules (scheme rules and regulations) of international payment networks (e.g. Mastercard, Visa) ...
2022 brought renewed attention to the anti-money-laundering (AML) space and the know your customer (KYC) processes underpinning it. High profile cases, such as the criminal trial of Credit Suisse for ...
Across all sectors, organizations are steadily publishing more and more content online. This has become even more prominent post-pandemic, as the global community shifted online to overcome the physi...
In September 2022, the Securities Exchange Commission (SEC) and Commodity Futures Trading Commission (CTFC) reached settlements totalling around $1.8 billion with 12 of Wall Street’s leading investme...