Tag: HSBC

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

Regulators are asking for more transparency with decision making and technology must have glass windows to adhere to these needs, according to a panel at the Global RegTech Summit.

The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it may play second fiddle for attention, according to Randeep Singh Buttar, Head of Data Change and Strategy (Global Risk and Finance) at HSBC.

Open banking platform Bud has secured $20m in its Series A round of funding.

Barclays and HSBC have both connected with small business lender iwoca, making full use of the opportunities presented by open banking.

The Prudential Authority of the South African Reserve Bank has fined HSBC Bank R 15m ($1m) for failures in AML and CTF.

Quantexa, a company leveraging big data analytics to tackle complex financial crime, has raised $20m in Series B funding.

EXL, a operations management and analytics company, has launched the global rollout of a digital Know Your Customer (KYC) solution.

Now GDPR has launched, companies should be investing in technology to support their data, according to a panel at the Global RegTech Summit 2018...

HSBC is using artificial intelligence to help it spot money laundering, fraud and terrorist funding.