Financial Institutions | Muinmos

Get Ready for Brexit: Top 5 Tips for Financial Institutions

Financial Institutions / Remonda Kirketerp-Moller

Financial institutions will need to remain compliant after Brexit. All passporting rights will be lost when the UK leaves the European single market on 31 December 2020. This could cause issues for: UK-authorised firms that currently passport their authorisations into Europe. EEA-authorised firms that currently passport their authorisations into the UK. On 31 December, these […]

Get Ready for Brexit: Top 5 Tips for Financial Institutions Read More »

What will Brexit mean for UK FinTech?

Financial Institutions, Regulation / Remonda Kirketerp-Moller

The UK is home to one of the world’s most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk. Brexit is still happening. With the contentious US presidential election having just been settled and the coronavirus pandemic still raging, the UK’s exodus from the

What will Brexit mean for UK FinTech? Read More »

Why Brexit will continue to be a big challenge for financial services firms

Financial Institutions, Regulation / Remonda Kirketerp-Moller

Despite being more than three years in the making, the UK’s divorce from the EU is still a cause of great uncertainty for financial services firms. The negotiations have currently come to a stalemate as most European nations are busy dealing with the coronavirus outbreak. Not only has the pandemic put the negotiations on hold, but so

Why Brexit will continue to be a big challenge for financial services firms Read More »

Technology vendors eye FX client onboarding opportunity

Financial Institutions, RegTech / Remonda Kirketerp-Moller

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

Technology vendors eye FX client onboarding opportunity Read More »

Why banks still won’t take advantage of fintech skills

Financial Institutions, RegTech / Remonda Kirketerp-Moller

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

Why banks still won’t take advantage of fintech skills Read More »

Fintech Startups Tackling Regulations

Financial Institutions, RegTech / Remonda Kirketerp-Moller

The world of fintech continues to expand each and every year and in the process has forever changed the way in which we interact with financial firms. This revolution has turned many industry segments on their head including payments, lending and crowdfunding, data and analytics, investing, digital currencies and many more. One of the less

Fintech Startups Tackling Regulations Read More »