Here’s what the RegTech industry thinks about the Australian senate’s committee investigating the sector
Australia’s lawmakers have launched a select committee to see how the emerging RegTech community is doing. We checked in with industry stakeholders to see what they thought of the initiative.
Taking the fight: What do RegTech companies think about the EU potentially setting up...
European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come.
Westpac’s bill for its shabby behaviour is reaching the AUS$2bn mark
One of Australia’s biggest banks has added another AUS$341m to its misconduct costs, but is fearing that the regulator might slam it with a huge fine.
Can RegTech solutions help businesses prepare for Brexit?
No matter if the UK will crash out of the EU without a deal or if there will be an extension for next year,...
Irish RegTech Think Evolve Solve is empowering businesses to really take advantage of their...
Think Evolve Solve was launched in 2012 to help companies compete using data. However, they quickly realised that a real pain existed in how companies gather their data in the first place and that solving this was key
Is it fear of automation or something else that keeps big banks from adopting...
Lots of huge financial institutions talk the talk about innovation, but few seem to walk the walk and actually implement RegTech solutions.
That is according...
Should cyber insurance be mandatory?
Cyberattacks still plague the internet, leaving waves of personal and financial destruction in its path, but making cyber insurance mandatory would help with reparation, according to Richard Fry, head of information security and risk at Covea Insurance.
Here’s why your employees are your biggest cybersecurity risk
The cybersecurity threat is constantly evolving and the day a firm believes they have achieved all there is to achieve, is the day they will fall foul to the next emerging risk; the Insider Threat, according to Tony Pepper, CEO at Egress.
How RegTech startup muinmos is like “a self-driving car in a market that has...
Onboarding clients can be a time-consuming and risky process. That’s what Remonda Kirketerp-Møller’s RegTech startup aims to change.
Centralise KYC processes on multiple involvement
It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure
