Anti-money laundering pros find expanding uses for AI, but adoption remains slow
Using AI technology in anti-money laundering processes has become critical for financial institutions as they work to comply with regulations and combat financial crime.
Geopolitical and Cyber Risks remain top threats to the Financial Services Sector in 2025
DTCC’s annual Systemic Risk Barometer Survey identifies Geopolitical and Cyber Risk as the top threats to the financial services industry in 2025.
2024 Financial Forecast: Trends and Changes in the Financial Services Sector
What does 2024 have in store for financial services organisations? Sandstone Technology cover regulatory changes, Gen AI, cybersecurity threats and more.
Technology is creating new fraud frontiers – but consumers don’t want AI to protect them: ComplyAdvantage
ComplyAdvantage have launched its annual report into fraud, money laundering, and financial crime: The State of Financial Crime 2024.
Cybersecurity in banking: the 5 biggest threats for 2023
In 2023, cybercrime keeps generating news headlines, with villains inflicting trillions of dollars in damages globally every year.
Bitcoin ATMs declared illegal in UK by Financial Regulator
Bitcoin and other cryptocurrency ATMs that allow people to buy and sell crypto are illegal in the UK.
Cybersecurity dominates EU Fintech Action Plan
Cybersecurity takes top billing in the European Union’s upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators. Recognising its potential threat to the stability of the financial sector, the European Parliament has called on the EC to make cybersecurity “the number one priority” in the FinTech Action Plan. In response, a plan draft identifies three specific moves: A public-private workshop to investigate barriers limiting information-sharing on cyberthreats, followed by a look into how these can be fixed. A call for the three European supervisory authorities (ESAs) to map, by Q1 2019, the existing supervisory practices across financial sectors around ICT […]
Search for 2017 Fintech 100 innovators kicks off
Nominations are now open for the 2017 KPMG & H2 Ventures Fintech 100, the annual list designed to recognize leading fintech innovators. Visit www.fintechinnovators.com by Thursday, 31 August 2017 and nominate your company, or any fintech you think should be considered for the Fintech 100. The Fintech100, available at www.fintechinnovators.com, is compiled by fintech investment firm, H2 Ventures in collaboration with KPMG’s Global Fintech practice. The annual Fintech 100 includes both the leading 50 established fintechs, and the most intriguing 50 “emerging stars.” How to nominate and the judging process: Nominations for the Fintech 100 can be made at www.fintechinnovators.com website by Thursday, 31 August 2017. […]
