FinTech, RegTech, SupTech – what is behind?

FinTech, RegTech, SupTech – what is behind? 25. November 2022, by iconicchain FinTech, RegTech and SupTech are trendy buzzwords nowadays in the financial industry, but have you ever wondered what exactly is behind these names? To understand their meaning, we must look back to the beginning of the global financial crisis in 2007. The crisis […]

BayernLB completes first STS-compliant synthetic securitisation with EUR 1bn reference portfolio

Munich – BayernLB has successfully placed its first-ever STS-compliant synthetic securitisation, with a EUR 1 billion reference portfolio comprising corporate loans. The transaction meets the regulatory criteria for STS (simple, transparent and standardised) securitisations. The capital structure consists of three tranches, whereby BayernLB retains the equity tranche (first loss) and the senior tranche. To transfer […]

Enterprise blockchain

Blockchain

Enterprise blockchain 14. November 2022, by iconicchain The blockchain trilemma: pick two As we all know about the blockchain trilemma (that a blockchain system cannot be all three: distributed, scalable and secure at the same time) we see how various teams and communities try to find a perfect balance in large public networks like Ethereum, […]

Automating Financial Document Type Recognition

Automating Financial Document Type Recognition Farkhad Kuanyshkereyev, Friday, October 28, 2022 Many organizations and companies today perform a lot of work related to manual data extraction from printed documents. Those documents could be invoices, receipts, checks, bills, etc. Numerous hours are spent by auditors to capture certain information such as the items purchased, their prices, […]

Powering Compliance Applications through Machine Learning

Powering Compliance Applications through Machine Learning Md Raisul Kibria, Friday, October 7, 2022  With the advent of Machine Learning (ML) and data-driven algorithms, we are observing Artificial Intelligence (AI) do things that were virtually unimaginable otherwise. It’s not only the fun things like art or melody generation that are possible but now AI-based services are […]