Technology vendors eye FX client onboarding opportunity

Regulatory technology vendors are relishing the prospect of helping banks minimize FX client onboarding errors, but in a world where legacy systems remain commonplace, regtech is not always an easy sell. Anti-money laundering (AML) and know-your-customer (KYC) regulations require financial institutions to carry out due diligence on their customers. Verifying the identity of these customers…

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Why banks still won’t take advantage of fintech skills

Fintechs have the technology and expertise to transform core banking systems for incumbent institutions, so why aren’t banks taking advantage? We’ve heard it all before: incumbent banks need to transform their legacy systems, whether to meet the shifting regulatory landscape or purely just to remain competitive. But while many fintech firms have developed the software…

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Interview: RegTech 100 list and modernising the compliance function – muinmos Founder speaks

Automated regulatory compliance specialist muinmos has earlier this year been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national and cross border basis. Back in…

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muinmos Selected for Prestigious RegTech 100 List

For the third consecutive year, automated regulatory compliance specialist, muinmos has been included in the annual RegTech 100 – a list featuring the most innovative companies from around the world which are transforming compliance, risk management and cybersecurity.A panel of analysts and industry experts assessed over 1,000 companies for inclusion in the prestigious RegTech 100.…

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Taking the fight: What do RegTech companies think about the EU potentially setting up a new authority to fight money laundering?

European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come. The EU is taking off the kid gloves against money laundering. European finance ministers have flagged that they intend to urge the European Commission to establish an anti-money laundering (AML)…

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Industry Veteran Conor Ringland joins RegTech firm muinmos as Chief Commercial Officer

Muinmos is an automated regulatory compliance specialist that has recently appointed industry veteran Conor Ringland as Chief Commercial Officer. Mr.  Ringland will be based in London and will focus his work on speeding up the global growth of the company’s PASS (a SaaS solution that uses AI to deliver real-time checks for compliance for variety of…

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Exclusive: muinmos selected to participate in the FCA Regulatory Sandbox

LeapRate has learned that automated regulatory compliance specialist muinmos has been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national and cross border basis. Its…

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The RegTech 100 for 2019 announces the pioneering companies transforming compliance, risk management and cybersecurity

The world’s most innovative technology solution providers that address the challenges of dealing with regulatory issues within financial services, were announced today by RegTech Analyst, a specialist research firm. The RegTech (regulatory technology) industry has seen huge growth in the last two years as banks and financial institutions grapple with the unrelenting pace of regulatory…

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Muinmos offers MiFID Compliant Cloud based regtech solution

Muinmos Founder, Remonda Z. Kirketerp-Møller speaks to Vedant Sangit on the issues related to Regtech. Muinmos is Denmark based Regtech Company. Muinmos co-founder, Remonda Z. Kirketerp-Møller speaks of her innovative MiFID compliant cloud-based platform RegtechPASS with Vedant Sangit. How do you define the term RegTech? “Automation of regulation via technology. It is a new field…

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Client Suitability and Appropriateness Checks

In the digital world of finance, financial institutions are facing unprecedented challenges when carrying out suitability and appropriateness checks before selling products and services to potential investors. In an interview with Remonda Z. Kirketerp-Møller, CEO of client onboarding specialists muinmos, Mi Business Mag had the opportunity to gain further insight into why and how these…

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