RegTech

Apr
05

BGL wins Fintech Breakthrough award for Best Regtech company

BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, has been recognised as Best RegTech Company in the 2019 FinTech Breakthrough awards. FinTech Breakthrough is a worldwide independent organisation that recognises the top companies, technologies and products in the global FinTech market. This is the second consecutive year BGL has […]

By Australian FinTech | FinTech
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Apr
03

Arctic Intelligence warns many Australian businesses may be vulnerable to financial crime

Arctic Intelligence, a market-leader in financial crime prevention audit, risk and compliance software, warned today that many Australian businesses may be unaware that their internal risk assessment processes do not go far enough; leaving them vulnerable to money laundering, terrorist financing, sanctions and regulatory non-compliance. With organised crime is estimated to cost the Australian economy […]

By Australian FinTech | FinTech
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Mar
28

ASIC gets tough on ‘regtech’

Banks will have to explain why they aren’t using the latest technology to improve their compliance, as the corporate regulator takes a “bolder” approach after the shortcomings revealed by the banking royal commission. Australian Securities and Investments Commission executive director of financial services Michael Saadat said an “if not, why not” approach would be adopted to […]

By Reposted by Australian FinTech | Banking . FinTech
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Feb
14

Legally certified identity verification solution ‘light years ahead’ of the market

Max ID®, an Australian Legal Practice and Reg-tech innovator, has been named as a finalist for the Fintech Business Start Up of the Year and Compliance Innovator of the Year at the Fintech Business Awards 2019. The Fintech Business Awards, one of the leading awards programs in the Australian technology sector, celebrates the leading individuals […]

By Australian FinTech | FinTech
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Jan
30

AdviserLogic Group joins RegTech space with launch of AdviserLogic Dashboards

AdviserLogic Group has launched AdviserLogic Dashboards, empowering AFSLs to proactively monitor the compliance of their advisers in real time. For the first time, AFSLs are able to gain valuable insights from automatically-updated and configurable dashboards highlighting both areas of concern and opportunities in Compliance, Revenue, Investment & Insurance.  Data can be broken down at AFSL, […]

By Australian FinTech | FinTech
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Jan
21

Regtech provider pushes back: it’s on us, not advisers, to change

The challenges regtech providers face in creating effective tools shouldn’t be passed on to advisers, technology company founder Lane Cipriani says. It is the responsibility of the providers to find products for the market, regardless of how difficult that may be, he asserts. Cipriani, executive director of TIQK – a company that scans advice documents […]

By Reposted by Australian FinTech | FinTech
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Jan
16

‘Collaboration’ key to seeing full potential of AI

New calls have been issued for the finance industry to change its mindset and embrace “greater collaboration” to leverage the full potential of artificial intelligence and machine learning technology. Education provider Kaplan Professional and regtech company Red Marker issued the call after noting that the financial advice industry had been looking for automated compliance solutions […]

By Reposted by Australian FinTech | FinTech
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Dec
17

Microsoft joins regtech group to promote AI as a royal commission response

Microsoft will push its artificial intelligence technology deeper inside banks and use its membership of the RegTech Association to show regulators how AI could improve bank compliance to respond to problems exposed by the banking royal commission. Microsoft has just joined the RegTech Association, an industry group driving collaboration between banks, government and start-ups, as […]

By Reposted by Australian FinTech | FinTech
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