SWIFT officials confirm that they have uncovered new cases of “input fraud” via hackers attempting to harm member/customers of the financial messaging and services cooperative. The cooperative has not revealed the identity of the financial services firms that were most recently harmed or the amounts of money involved. In response to questions from FTF News,… Read More >>
No Pain, No Gain for KYC, AML Deployments
Increasing regulatory complexity and the massive fines, penalties and settlements levied against several of the world’s largest banks due to Know Your Customer (KYC) and anti-money laundering (AML) violations mean financial services firms take these aspects of compliance seriously even if implementing fixes is proving to be painful. “KYC compliance is still a major pain… Read More >>
SunGard Said to Explore a Second IPO: Reuters
SunGard is apparently making the rounds at investment banks, looking for an adviser to help take the financial technology vendor go public soon, according to a report by the Reuters news service. SunGard could be valued at up to $10 billion and will be interviewing investment bankers as early as next week, according to Reuters,… Read More >>
Tim Lind: 2015 is the Make or Break Year for LEI
FTF News concludes its series on post-trade operations predictions for 2015 by interviewing industry veteran Tim Lind, the global head of financial regulation solutions at Thomson Reuters. Lind is also the 2013 recipient of the FinTech Innovator of the Year honor of the FTF News Technology Innovation Awards. Lind touched on several subjects but a… Read More >>
