Muinmos Selected for RegTech 100 List for 4th year
Published by LeapRate and Finance Magnates on 2 December 2020 For the fourth consecutive year, automated regulatory compliance specialist, Muinmos has been included in the annual RegTech 100 – a list of the world’s most innovative RegTech companies. The companies in the prestigious RegTech 100 list transform compliance, risk management or cybersecurity by solving a…
What will Brexit mean for UK FinTech?
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 are the biggest mistakes RegTech companies can make?
The RegTech industry has proven resilient throughout the Covid-19 crisis, but vendors better avoid making big mistakes to ensure their future success. So far, RegTech has proven to be particularly robust in the face of the coronavirus pandemic. In fact, the first half of 2020 saw the sector enjoy a 5% increase in total funding, compared…
Muinmos Wins Global Forex Awards 2020 for Best RegTech Reporting Solution
London, 10 June 2020, Wednesday – Muinmos’ proprietary regulatory compliance engine has been voted Best RegTech Reporting Solution in the Global Forex Awards 2020. The Global Forex Awards 2020 – B2B are a celebration of businesses from around the world pushing the boundaries of innovation in B2B forex trading solutions. They champion the best performing…
Why Brexit will continue to be a big challenge for financial services firms
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…
Will the UK remain a leading RegTech hotbed after Brexit?
The UK may have been the European RegTech leader for years, but the question is if this could change because of Brexit. Brexit could change the European RegTech market. The UK may have officially left the EU at the end of January, but that does not meant that Brexit is a done deal. Now, British…
Spotlight on women in tech for International Women’s Day
Sunday March 8th will mark International Women’s Day — and despite progress, the fields of science and technology still experience gender inequality. Below is a commentary from a selection of female representatives from the technology sector, expressing their views on what can be done to advance their fields. These women play prominent roles in the…
The Confusion of Client Categorisation Needs to Be Addressed
In an exclusive op-ed, Remonda Z. Kirketerp-Møller tackles why the confusion of client categorisation needs to be addressed. Categorizing clients correctly has become so complex that it is no wonder so many financial institutions get it wrong. However, it is absolutely critical to categorize clients correctly from the outset to know which products and services…
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…
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…