Regtech

4 Must-Haves to Build an Effective Online Fraud Prevention and Detection Strategy

Financial crime has increased in recent years and is constantly evolving. With total combined fraud losses reaching a record high of $56 billion in 2020, financial organisations around the world are facing a growing challenge from fraudsters who are becoming

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ADVANCE.AI Harnesses Dow Jones’ Compliance Solutions to Bolster Core Services

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, has teamed up with Dow Jones, a global provider of news and business information, to strengthen its core suite of B2B risk and compliance products across South and Southeast Asian

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Future-Proofing Against Compliance and Risk When Expanding Globally

Globalization Partners, a US-based compliant and automated global employment platform, found that companies that grow internationally without prioritising compliance are sure to run into problems according to its “7 Compliance Challenges Companies Face When Growing Globally” e-book. As a fast-growing

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Explosion of Data Fuels Demand for Regtech Amidst Growing Regulatory Complexity

The proliferation of data and an ever-so complex regulatory environment are driving the rise of regtech, forcing financial institutions to look for new ways and tools to comply, experts said during a panel discussion. During Fintech Fireside Asia’s latest virtual

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Napier Provides AML Controls for Cross-Border Payments Specialist ONEPIP

Napier, provider of advanced anti-financial crime compliance solutions, has announced that cross-border payment specialist ONEPIP will be using its technology as part of the latter’s upgraded anti-money laundering (AML) controls. The regtech firm’s AI-led transaction monitoring, client activity review and

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The Evolving Opportunities and Roadblocks in Singapore’s Maturing Regtech Scene

Progressive regulations, strong government support and the availability of talent and capital are cementing Singapore as a fintech hub with a maturing regtech market. However, the impact of Covid-19 has catalysed the development of its regtech sector, according to a

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APAC Countries Lose an Average of US$4 per Transaction Due to Fraud

A report by lobal data and analytics company LexisNexis® Risk Solutions found that Australia, Hong Kong, Japan and India recorded higher losses per transaction due to fraud compared to its Asia Pacific (APAC) counterparts. It showed that the cost per

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BearingPoint Expands Regtech Solution to Help Firms Comply With Latest MAS Module

BearingPoint RegTech, a Netherlands-based regtech solution provider, has further expanded its end-to-end solution ABACUS/Transactions with a new MAS module. The MAS module helps firms comply with their derivative reporting requirements imposed by the Monetary Authority of Singapore (MAS) and digitalise

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Julius Baer Rolls Out Digital Advisory Platform for Regtech Compliance in Asia

Julius Baer has rolled out its Digital Advisory Suite (DiAS) in Asia that aims to simplify the complexity of regulations for relationship managers, enabling them to offer compliant advice to clients. The suite acts as a fully integrated solution, ensuring a

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Clearstream Selects BearingPoint to Comply With Singapore’s Compliance Reporting

European supplier of post-trading services Clearstream has selected BearingPoint RegTech, a Netherlands-based compliance technology provider, for its Abacus360 Banking solution for MAS 610 reporting. BearingPoint RegTech said that Abacus360 Banking is a standard software for national and international prudential reporting,

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