Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...
The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.
How wealth firms can find the right AI for the job
With the proliferation of AI, it is easy for wealth management firms to get overwhelmed by the choice. There are countless solutions in the market all promising various benefits, so finding the right one for the job can be tough. FinTech Global spoke to several WealthTech leaders to offer some guidance on what to look for.
Strategic insights for mastering 2024’s regulatory landscape
FinTech Global recently spoke to RegTech firm Alessa to take a deeper dive into the regulatory landscape of 2024 and the strategic insights that financial firms can take away from it.
How ByAllAccounts is empowering wealthtechs, wealth management firms and data providers to connect their...
Wealth management is built on data, but the modern digital ecosystem has made it tough for firms to effectively leverage their datasets.
How can firms leverage generative AI for their ESG-related processes?
Environmental, social and governance (ESG) and artificial intelligence (AI) are two of the biggest trends in the finance world, but working together they can potentially transform how businesses operate.
Why banks are increasing their RegTech spend year-on-year
As technology continues to expand its reach within the financial services market, many banks are looking over their shoulder at the vast litany of...
Will 2024 be the year of compliance technology?
As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
How wealth management firms can get ready for generative AI
Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.
How AI is transforming InsurTech
As AI continues its ascent as a transformative force in the business landscape, the InsurTech sector has found itself as the latest realm aiming to tap into its remarkable potential. FinTech Global recently spoke to a host of industry experts in a bid to unravel the profound impact AI is poised to have on the space.
How will tightening regulations impact the InsurTech sector in 2024?
Due to the advent and widespread adoption of technologies such as Machine Learning (ML) and Generative AI, the InsurTech sector is expected to receive tighter boundaries when it comes to regulations in 2024. But what does that mean for the sector? FinTech Global spoke to a host of industry experts to find out.