05/06/2019
“The concept of a global economy is now well embedded in how business groups and individuals look at the world and, as a consequence, their reporting obligations to an increasing number of tax authorities and regulators have become more complex.&
05/06/2019
Trade finance has to go paperless: OCBC commodity finance head
05/06/2019
If the industry receives a similarly inferior evaluation again, Japanese banks’ international transactions may be subject to restrictions, and overseas settlements and remittances, as well as transactions for cross-border trade, may be affected.
05/06/2019
Drafted around a set of internationally recognised privacy principles, the new law provides a framework of rights and duties designed to give individuals greater control over their personal data
05/06/2019
The “functional equivalency rules” of the ETA provide the criteria for the use of electronic documents and signatures.
05/03/2019
The agreement will see Jersey and Bahrain working to promote the benefits of businesses operating in each other’s locations, further collaboration of women in the sector, and an opportunity for members of Digital Jersey and Bahrain FinTech Bay to us
05/03/2019
The gang responsible claimed they were operating out of Norway, but investigators say there is evidence of money being moved to bank accounts around the world
05/02/2019
eGA’s executive director, Arvo Ott, said the organisation is aware of challenges in the Caribbean and developing countries, and pleased to provide an alternative.
05/02/2019
The Bank of Canada and MAS have been collaborating in the use of Distributed Ledger Technology (DLT) and central bank digital currencies to make the cross-border payment process cheaper, faster, and safer.
05/02/2019
For the purveyors of technology-assisted financial crimes, identity, account access, and payment data are the golden keys that open the door to these organizations’ proverbial bank vaults.
04/30/2019
“Expanding our relationship with Eagle Investment Systems delivers a data solution that empowers their clients to adapt quickly to regulatory demands and sanctions activity, helping them to trade with confidence as a result.”
04/29/2019
Under the new MOU, more than 180,000 Chinese enterprises under CCOIC can benefit from UOB’s banking expertise and integrated ASEAN network, as well as from SGX’s trusted capital market infrastructure and deep liquidity to venture into Singapor
04/25/2019
And finally, by using blockchain for issuance and secondary trading, the number of intermediaries can be reduced thereby cutting costs.
04/25/2019
A Nova Scotia judge has temporarily extended QuadrigaCX's reprieve from its creditors to June 28, as the cryptocurrency exchange continues its transition into bankruptcy.
04/24/2019
It also highlighted the skills that each role will need to cope with the changes brought about by technology.
04/24/2019
Payments company’s stock whipsawed after allegations of fraud
04/24/2019
This can allow the bank to centralise currency management, giving the bank a unified view of cash needs “rather than needing to piece together multiple sets of information”.
04/23/2019
These are all factors that are critical to the successful development structures for fintech businesses.
04/22/2019
Due to the growing use of biometrics to counter security threats, the biometric technology market is expected to bloom over the next few years.
04/22/2019
“We are on the one hand advocating 100pc protection,” the Lord Mayor said. “But at the same time saying 'why aren't you helping me open a bank account?'"