In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
This FStech webinar, sponsored by NICE Actimize sees industry experts examine the revolutionary impact of generative AI on financial crime operations, and provides actionable insights to enhance your compliance strategies.
In today's complex financial landscape, the integration of people, technology, and data is paramount for effective risk management. Despite this, recent FStech research reveals that only 34 per cent of firms have achieved full integration, whilst 63 per cent are still navigating this crucial journey.
Watch the webinar recording with data science, fraud and product professionals from Mastercard, Sun Finance and Provenir as they explore how financial services organisations can strike the balance between fraud mitigation and customer experience strategies whilst staying compliant with EU regulations.
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
As financial services increasingly embrace SaaS and cloud-based technologies, they face emerging threats to safeguard sensitive customer data. While comprehensive IT security measures are essential, the active involvement of employees across organisations is pivotal in ensuring the protection of sensitive data.
The financial landscape is rapidly evolving its approach to real-time transactions under the ISO 20022 standard, and financial institutions must take note. With examples such as the accelerated adoption of SEPA Instant Credit Transfers in Europe and proposed New Payment Architecture (NPA) programme in the UK, the need for swift and effective fraud detection is more crucial than ever.
Introduced at the end of July, the Consumer Duty is a game-changing new set of rules and guidance for financial services institutions in the UK, and companies must look to modernise their systems in adherence with it in mind to create the best customer experience possible.
The use of Information sharing in enhancing financial crime prevention has been universally agreed as being beneficial. However no-one has been able to agree on how information can be shared safely without breaching data protection laws or having the right systems to facilitate this, Information sharing has re-emerged as a major consideration for financial institutions (FIs) ahead of the Economic Crime and Corporate Transparency Bill being made into law in the UK.
Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.
Join FStech editor Jonathan Easton and Proofpoint cybersecurity strategist Matt Cooke as they discuss the findings of the State of the Phish 2023 report, diving into key topics such as awareness of cyber threats, the sophisticated techniques being used by criminals to target the financial sector, and how financial institutions can take a proactive approach to educating both their employees and their customers.
Click here to read the 2023 State of the Phish report from Proofpoint.
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.
Sage Intacct is excited to present FSN The Modern Finance Forum’s “Future of Planning, Budgeting, Forecasting, and Reporting Global Survey 2022” results. With participation from 450 companies around the globe, the survey results highlight how organisations are developing their core financial processes by 2030.
In the wake of swathes of new sanctions launched against thousands of individuals and entities in recent months, compliance teams in financial institutions have been struggling to keep up, with employees left sifting through rising numbers of false positives and a dangerous amount of false negatives.
The fraud risk challenge: How are FSIs using AI and biometric authentication to crack down on fraud and provide a seamless customer experience?
The shift to digital has transformed the fraud risk landscape in the last two years, generating a variety of new threats and challenges for financial services institutions (FSIs), which were already a top target for pre-pandemic fraudsters.
As ESG compliance rises to the top of the corporate agenda, businesses around the world are waking up to the need to ensure they can provide fully transparent data and reporting or risk losing the trust of consumers, regulators, and key stakeholders in the race to build sustainable business models.
Once upon a time, integrations were expensive, never worked, and required a third party to manage them. Fast forward to 2022, where tech stacks reign supreme and legacy/all-in-one solutions are becoming a thing of the past. What has changed and how do you build a tech stack for your financial services company? Watch this webinar to learn about the tell-tale signs your current system is “broken" and how to build a scalable tech stack that fuels your growth.
In a new era of hybrid working, it’s time to re-evaluate the potential threats within your organisation and how to protect against them.
Insider Employee Fraud is a global multibillion-dollar problem, causing losses of more than $3.6bn. And that’s just the cases known and reported - yet many organisations focus their efforts on protecting against external fraud.
Today, digital financial data drives global businesses and economies. With greater rewards, cyber-attackers continue to target finance industry institutions with full force - and increasingly advanced attack capabilities.
Meet Evelyn, an Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst, who uses native AI/ML capabilities to automate the Customer/PEP screening and Negative News screening alert adjudication processes for leading BFS organizations with greater speed, accuracy, and consistency than human analysts.
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.
Competition between financial institutions (FIs) to develop and rollout new applications is at an all-time high. However, the chronic skills shortage in application development and security, along with IT transformation and siloed working, are combining to make cybersecurity an increasingly complex task.
In this webinar FStech was joined by an expert panel to explore the ways in which FSIs are using machine learning algorithms in conjunction with human-led teams to spot the signs of financial crime and manage risk before it's too late.
In an age of rapid digital transformation and changing customer expectations, wealth management and investment firms are working harder than ever to provide continuity for their clients.