Managers of Wealth Fintech

Zamara enters micro-pension deal with firm

This digital micro-pension programme was launched at the Afro-Asia FinTech Festival in Nairobi.

Why US regulators are struggling to step up to regulate Facebook's Libra

Facebook, which is spearheading Libra’s development via a new subsidiary called “Calibra,” has also gathered a consortium of companies that will supposedly have equal commitments with Facebook

The new world of virtual banks: profitability will define success

The new age of virtual banks and how it can be more future ready

Crypto Payments to Receive a SWIFT-like Network Lead by Japanese Govt

A SWIFT-like network to enter the crypto payment arena. The project lead by Japenese Government focuses to bring in some anti-money laundering regulation.

EBA publishes Report on regulatory perimeter, regulatory status and authorisation approaches in relation to FinTech activities

As to authorisation approaches, the EBA found that proportionality and flexibility principles are applied in the same way by competent authorities

Western Union Teams With UK’s Post Office To Digitize Global Payments

This collaboration marks an expansion of our strategy to open our platform to new alliances and solve the complexities of cross-border, cross-currency transactions for companies.”

Innovative new law opens Guernsey up to Artifical Intelligence

Essentially, it gives electronic agents the authority to form, create, execute and terminate contracts without the input of humans, and makes it clear that the validity of any such contractual exchange will not be denied due to the use of an electronic ag

Bank boards to pay heavily for cybercrimes in new regulations by CBK

"Payment Service Providers (PSPs) should carry out regular independent assessment and audit functions that shall be undertaken by the internal and external audit and risk functions … The board of directors is ultimately responsible for the cyb

Combating financial crime

3 focus areas for banks to achieve more effective and efficient customer due diligence

UK, Dutch Authorities Bust €24 Million Cryptocurrency Theft

Six suspects allegedly used ‘typosquatting’ to target over 4,000 victims in 12 countries.

G7 finance ministers look to rein in tech giants at French meeting

The issue has become more vexed than ever in recent days as Paris defied U.S. President Donald Trump last week by passing a tax on big digital firms’ revenues in France despite a threat from him to launch a probe that could lead to trade tariffs.

The future of regulation: AI for consumer good by Christopher Woolard

Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at The Alan Turing Institute's AI ethics in the financial sector conference (link is external).

Treasury bars early access to pension money

The move will be a shocker to those who lose their jobs before they are 55-years-old. It will also stop employees — mostly millennials — who do not have a long-term view of employment, from accessing the pension billions.

Mauritius – Playing in a tropical, Fintech sandbox

Graham Patrick, Senior Client Manager, based in Mauritius, explains why for the tech-savvy investor, Mauritius is an interesting place to watch right now.

Plans for the PBC to increase involvement in FinTech development

The plan will be coordinated by the relevant government departments, and is said to outline the principles, development goals, key tasks and safeguard measures for the future development of these financial FinTech technologies.

Eight Virtual Banks have been approved for operation in Hong Kong

The guidelines established by the HKMA will be vital in ensuring the legitimacy of the new firms, thus ensuring as much security as possible, but also will facilitate the promotion of financial inclusion within the Hong Kong wealth management industry, pr

Legal,Regulation,Tax & Compliance