FinTech Articles Week of 10/30/15 Regulation moves much more slowly than innovation and often is seen as a roadblock, especially in financial services. It’s easy to hear moaning and groaning about the regulators. It was refreshing at this week’s Money20/20 conference to hear reasoned discussions about the pitfalls, the complexities, and the requirements of financial services … [Read more...] about Regulatory Riddles
Regulation
AML Meets KYC: FinTech Apps Battle the Data Cloud
AML compliance starts with the due diligence undertaken during onboarding, generally put in compliance terms as Know Your Customer (KYC). The first step to AML is KYC, says Abhishek Dwivedi, an AML consultant with AMLabc, Amsterdam. “Some customers may be relatively riskier, not necessarily because of any terrorist links or high risk, and need to be monitored on an ongoing … [Read more...] about AML Meets KYC: FinTech Apps Battle the Data Cloud
Technology Considerations for Taming the BSC-AML Compliance Beast
The Bank Secrecy Act (BSA) is the primary anti-money laundering (AML) law in the United States. Although technology has been at the heart of AML compliance for years, new technologies are bringing more sophisticated and efficient approaches to AML compliance, with the goal of reducing compliance costs for large and mid-tier banks. AML compliance generally is based on … [Read more...] about Technology Considerations for Taming the BSC-AML Compliance Beast
Improving the Student Loan Market
FinTech Articles of the Week 04-24-2015 This week we're including articles about the future of fintech, email marketing, the student loan market and more. Have a great weekend and make sure to check out next week's picks! Uses of API in the Banking Sector Find out how it has taken financial institutions a long time to see the technical and financial possibilities of using … [Read more...] about Improving the Student Loan Market
Market and Regulatory Changes Prompt Investment Policy Review
The continued low interest rate environment, ongoing regulatory reform and record stockpiles of corporate cash have contributed to a renewed focus on the investment policy process. While most large companies have an investment policy statement to help guide their cash investments, many privately held or smaller firms may not. It is considered best practice for companies to … [Read more...] about Market and Regulatory Changes Prompt Investment Policy Review