Starling participates on panel on AI in Fintech

Starling Team

Starling Co Founder, Erich Hoefer, was invited to participate on a panel regarding the status and future of AI in Fintech. The panel was sponsored by the 2017 Finovate Asia Conference in Hong Kong on November 8th. The panel was titled “The AI Advantage” and was moderated by Andy Chun, Associate Professor at the City University of Hong Kong. The panel also included Bianca Ho, Co Founder of Clare.AI, a provider of AI-enabled chat bots.

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Leader in Supervision of Culture and Conduct in Banking Joins Starling Senior Advisory Board

Starling Team

Starling, an applied behavioral sciences technology company, announced today the appointment of Dr. Mirea Raaijmakers, internationally renowned leader in the supervision of culture and conduct in banking, to its senior advisory board. She joins Rick Ketchum, former CEO of the U.S. Financial Industry Regulatory Authority (FINRA), and Martin Wheatley, former CEO of the U.K. Financial Conduct Authority and the Hong Kong Securities & Futures Commission.

At the Dutch National Bank (De Nederlandsche Bank, or “DNB”), Dr. Raaijmakers led a team of experts in the development of a means for supervising behavior and culture in the Dutch financial services sector, and led such supervisory efforts. Dr. Raaijmakers also served as principal author and chief editor of Supervision of Behavior and Culture: Foundations, Practice & Future Developments, which outlines the DNB’s supervisory approach in this regard, which is widely considered to have set a global standard.

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Welcome to the New World of Regtech

Starling Team

The Australian Financial Review reported on how regulatory authorities around the world are waking up to the potential that the nascent RegTech industry offers to make bank compliance more effective and efficient. Starling is mentioned as one of several leaders in this emerging space.

The full article is available here.

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‘Criminalized’ compliance may backfire in quest for better Wall Street cultures

Starling Team

Very interesting and thoughtful article distributed on Reuters regarding the state of bank regulatory culture. Banks have designed their compliance programs as extensions of the regulators that oversee their operations. In other words, they’ve in-sourced enforcement functions – creating a culture of enforcement that can actually work against effective compliance programs.

A new approach is needed that encourages strong cultures that reinforce open information sharing and self-reporting. As the author specifically notes, Starling is building the tools that can support such a change.

Here is a link to the full article.

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Starling invited to join Fintech Hive Accelerator in Dubai

Starling Team

Starling is excited to announce that it has been selected as one of 11 fintech startups selected into the inaugural Fintech Hive Accelerator program. The Fintech Hive is sponsored by the Dubai International Finance Centre (DIFC), a free economic zone established by the Dubai government to encourage investment in the financial services industry. The Hive brings together cutting edge startups from around the world to meet with global and regional banks and financial services industry leaders in the region.

Over 100 startups applied to participate in the 2017 class. Starling was one of three startups selected from the United States and the only one selected from the RegTech space.

The full press release is available here.

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