Tag: Banks

The six biggest British banks have until the end of March 2020 to fully implement confirmation of payee scheme, the country’s Payment Systems Regulator (PSR) has announced.

Things are changing in the Turkish banking sector with the country’s government having just declared legal changes to how people and companies can access their capital. It is also changing the laws around debt collecting.

Nivo, an instant messaging network for banks which is built around digital verification, has closed a funding round on €2m.

Melissa, a provider of contact data quality and identity verification solutions, has bought its Electronic ID Verification platform to banks.

The European Banking Authority (EBA) has published two reports, which measure the impact of implementing Basel III reforms and monitor the current implementation of liquidity measures.

The UK is failing to get to grips with anti-money laundering efforts due to the ‘onerous compliance burden’ according to the UK Law Commission.

Banks must continue outsourcing to keep up with technology and regulation, according to a panel at the Global RegTech Summit 2018.

Wibmo has expanded its anti-fraud solution to help bank customers safeguard their electronic payments services.

The Basel Committee on Banking Supervision has published a report on risk data aggregation and reporting progress.

South Korea is reportedly launching a new blockchain-based ID verification system for domestic commercial banks.