Wednesday, June 12, 2024
21.9 C
New York

Tuum teams with RegTech Fourthline

Tuum and Fourthline have partnered to provide European financial institutions with a secure and agile core banking solution that incorporates comprehensive customer onboarding and monitoring, complying with KYC and AML regulations. This collaboration allows regulated institutions to expand rapidly across Europe while ensuring compliance and technological innovation.

Facts

  • Tuum and Fourthline have partnered to offer European financial institutions a secure and agile core banking solution.
  • Fourthline is one of the fastest-growing fintech in Europe, specializing in digital identity checks and KYC solutions.
  • The partnership combines Fourthline’s end-to-end KYC solutions and compliance expertise with Tuum’s cloud-native core banking solution.
  • Regulated institutions can benefit from a single API integration, enabling them to deliver new innovative services while meeting KYC and AML requirements.
  • European banking regulation is constantly evolving, creating an uncertain landscape for institutions.
  • The partnership aims to navigate complexity for banks and empower them to scale, providing a trusted partner in the face of changing regulations.
  • The collaboration enables European banks and financial institutions to grow across borders and access a secure and compliant banking core, removing the strain and worry of compliance.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

U.S. Bank taps Greenlight for family-focused money management tools

U.S. Bank Partners with Greenlight to Enhance Financial Literacy...

Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000

Summary of Finseta's Sale of Capital Currencies:Transaction Overview:...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:...

Beobank selects Viva to power new corporate payment solutions for SMEs in Belgium

Beobank and Viva Partnership - Key Points:Partnership Objective:...

Siri and Google Assistant look to generative AI for a new lease on life

There’s a lot riding on next week’s WWDC 2024...

Centenary Bank embarks on tech overhaul with Oracle Flexcube core banking system

Centenary Bank Technology Transformation - Key Points:Bank Overview:...

Related Articles

Popular Categories

spot_imgspot_img