Regtech

Raj Date’s new firm, FS Vector, will help cryptocurrency firms and digital upstarts navigate Washington.

The fundraising is a sign of the rise in the anti-money-laundering market, which is expected to reach $4.26 trillion worldwide in less than a decade.

The graduates of this year's Fintech Innovation Lab New York, chosen by executives at 43 banks, are focusing on improving artificial intelligence, solving IT issues and providing a better customer experience.

The company said the aim of a redesign and additional automation is to make its compliance software easier for bankers to use.

With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation.

The program has expanded to seek startups in Chicago and Wisconsin for mentoring and potential partnerships.

Scarlett Sieber will be based in the bank’s Labs division, working on forging partnerships with fintech firms.

Modernized bank technology and improved data sharing would sharpen anti-money-laundering efforts, making crime like human trafficking more risky and less profitable.

There’s a lot of hype surrounding up-and-coming regulatory technologies, including the use of AI and robotics, but banks will have to be patient to see big returns on those investments.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

Fintechs should learn to value risk management — and the necessary bureaucracy that comes with it, bankers said this week in defending themselves again criticism that they are a pain in the neck to work with.

The Treasury Department will release a report early next year on opportunities and risks posed by fintech as part of administration efforts to reform the regulatory structure, Craig Phillips said.

It's a question many banks are already confronting head-on as they implement new technologies designed to make compliance easier.

Banks that find true innovation hard to accomplish can take heart — it’s no picnic for startups either. To hear both sides share their challenges is an argument for collaboration.

It's Yvette Hollingsworth Clark's job to make sure consumer, cyber and other protections are embedded into the design of digital products.

Rep. Maxine Waters, D-Calif., is calling on the FDIC to hold a public hearing on SoFi's application for deposit insurance.

The latest class of the Commerce.Innovated accelerator program run by Silicon Valley Bank and First Data demonstrates a focus on changing industries in addition to streamlining how people pay.

Compliance, security and data analytics were the themes at this year’s New York FinTech Innovation Lab demo day.

IdentityMind Global will offer Confirm.io’s remote document verification technology to its clients.