Reporting/compliance

1694 articles tagged with this keyword

/regulation

Why Lending in 2025 Now Faces an Entirely New Dynamic

Joining the FinextraTV virtual studio, David Ruis, Partner, Deloitte and Anthony Nonnis, Head of Global Partnerships, Mambu, discuss how banking as an industry is currently experiencing new dynamics and the emergence of alternative lenders. Examining how the current regulatory and geopolitical situation is impacting innovation, they outline the transformation that is now taking place with AI technologies throughout the lending journey.

/crypto

Binance civil enforcement action dismissed by SEC

In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.

/payments

EBAday 2025: How can banks achieve excellence in payments?

Big banks are facing challenges in innovating payments strategizing while keeping up with the pace of the industry. In an EBAday 2025 panel, leaders in banking explored what avenues incumbents are pursuing to revolutionise payments services.

/regulation

RT1 and STEP2 participants across 14 countries to adopt EBA's VOP solution

EBA CLEARING announced today that over 55 RT1 and STEP2 Participants across 14 countries are preparing to adopt its Fraud Pattern and Anomaly Detection (FPAD) Verification of Payee (VOP) solution to deliver VOP checks in compliance with the Instant Payments Regulation (IPR).

/regulation

Temenos Community Forum opens the floor to AI governance

Setting the tone for the second day of Temenos Community Forum, Dr Jonnie Penn, associate teaching professor of AI ethics and society, University of Cambridge delivered a speech on both the growth of AI and the task of governing its ethical standards.

/security

Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

/regulation

Successful Instant Payments Adoption: Is Regulation Enough?

In this FinextraTV interview during NextGen Nordics 2025 in Stockholm, Majda Nogo, Head of Sales and Business Development, Nordics and Baltics, Wordline Financial Services listed the reasons why Instant Payments still presents a number of opportunities to feel optimistic about the future. As part of this, Nogo expressed the belief that regulation and legislation, on its own, is not enough to fuel market adoption.

/payments

How payments modernisation can help the UK retain its fintech crown

In this FinextraTV interview, Helena Forest, EVP, Global Product & Commercial, Real Time Payments, Mastercard gives her opinion on the current state of the payments landscape in the UK. Modernisation, regulatory compliance, collaboration and the government's National Payments Vision all feature as reasons to be optimistic.

/crypto

BitGo secures EU crypto custody licence

US-based crypto custodian BitGo has become one of the first non-EU firms to secure a licence under the EU's Markets in Crypto Assets (MiCA) directive.

/security

1.2m UK customers affected by February bank outages

A major outage suffered by UK high street banks on the last Friday of February affected more than 1.2m customers, according to a recently released House of Commons report.

/security

Ox Security closes Series B at $60 million

The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

/regulation

UK regtech Cube opens London office

CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has officially opened its new global headquarters located at the iconic City of London building, Tower 42, and confirmed the impressive growth trajectory of the company over the last year - doubling of revenue, employees and the number of countries CUBE now operates in.

/regulation

Capgemini launches perpetual KYC sandbox

French IT services and consulting company Capgemini is claiming an industry-first after releasing its perpetual KYC (pKYC) sandbox.

/sustainable

Making an Impact: Bevis Watts on 10 Years in Sustainable Finance

Joining the virtual FinextraTV studio as part of the Unplugged series, Bevis Watts, CEO, Triodos Bank UK reflects on his last 10 years at the sustainable bank. From changing tides of industry, to moving toward the digital revolution, Watts describes his pride at the impact created and sets out his vision for the future as he steps down and away.

/payments

Inside the tech behind the transformation: Sponsors announced for NextGen Nordics

Ever wanted to be in the same room as the senior executives leading payments innovation across the Nordics and Europe? NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden, is your chance to hear from the technology vendors that are supporting financial institutions expertly navigate a convoluted web of regulations, at a time when fraud is at an all-time high and consumer experience must be kept front of mind.

/crime

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

/regulation

Compliance challenges and technology gaps amid US regulatory uncertainty, Finextra survey reveals

The latest survey report by Finextra, which included responses from 200 financial services professionals across the US, highlights both optimism and uncertainty surrounding the sector’s regulatory readiness. Conducted between January 16–29, 2025, the survey captured insights from C-level executives to senior managers working in banks, credit unions, payment service providers, technology providers, and fintech firms with revenues ranging from under $10 billion to over $250 billion. These findings come at a pivotal time following the election of Donald Trump and the delay in new regulatory rulemaking, creating a climate of heightened uncertainty for the US financial sector.

/payments

TietoEvry and Fana Sparebank partner for core banking, cards, payments, and financial crime

Tietoevry Banking has entered into a strategic five-year agreement with Fana Sparebank to deliver a comprehensive suite of banking solutions. The partnership includes core banking systems, card and payment services, and advanced financial crime prevention tools. The new agreement, effective from April 1st, 2025, will also significantly enhance the bank’s mobile and self-service offerings – including self-service loan management.