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European Central Bank Picks Treasury Management Tech Provider

PYMNTS

At the same time, they’re challenged to manage growing volumes of data while implementing technologies to facilitate straight-through processing, due diligence, stress tests and risk checks. .” According to the ECB, public financial institutions are facing increasing challenges in compliance and reporting.

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Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce

PYMNTS

The bank stands accused of failing to assess money laundering and terrorism financing risks; regulators said record-keeping was faulty and the company failed to monitor customer due diligence on transactions that may have been tied to child exploitation and endangerment.

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How do Regulations Make the World of Alternative Investment More Secure?

The Fintech Times

It is important to understand that not everyone has the expertise to conduct due diligence on every company they want to work with. . “Investment services are becoming much more regulated in Europe, globally and in general. “However, as with all regulation, there are limiting factors.