Innovation has been synonymous with business growth for decades and continues to be so. Compliance’, however, is a word innovators within financial services dread to hear. The truth is, in the current regulatory environment, a non-compliant business is almost certainly headed for destruction by reputational damage and financial losses. The financial penalties imposed on banks especially continue to have a retributive impact. Observing regulatory compliance should at least be

Mobile phone technology is one of the most interesting trends today, not only for individual consumers but also for businesses. It has driven technological growth and innovation, contributing to the ease and speed of personal communications, as well as transforming the way we see and use money. Its societal impact has been ground-breaking. Being specialists in the payments analytics sector, we come across loopholes that exist within payment systems and models, especially in r

RegTech is the new buzzword in the FinTech sector. Combining regulation and technology, some hope this will transform how government, regulators and banks talk to each other. Indeed, the former British Prime Minister, David Cameron, specifically mentioned RegTech in his 2015 annual budget, saying that the UK regulators have been charged with identifying ways to support the adoption of new technologies to facilitate the delivery of regulatory requirements. Of course, regulatio