09/18/2019
Nets and KPMG Partner to Launch AI-Powered Payment Fraud Prevention Solution
Nets Fraud Ensemble is an AI powered anti-fraud engine that assists fraud prevention teams to navigate this ever-changing landscape in real time.
Legal,Regulation,Tax & Compliance
09/13/2019
No more games as website blocking injunctions make their mark
The decision in Nintendo Co Ltd v Sky UK Ltd, Virgin Media Ltd and Ors came in a case brought by Nintendo to protect trademarks connected with the highly popular Nintendo Switch console.
09/13/2019
Industry Fund Services adopts regtech solution
It designs solutions to improve financial advice compliance and oversight of best interest duty for consumers.
09/11/2019
Global money-laundering watchdog closely monitoring Facebook’s Libra, official says
The Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country.
09/11/2019
Abu Dhabi Global Market awards CAT 1 Bank status to the Worlds’ first licensed Digital Trade Bank
Regulated by the Financial Services Regulatory Authority of ADGM, Anglo-Gulf Trade Bank is poised to bring transformative, disruptive Banking-as-a-Service solutions to the world from its headquarters in Abu Dhabi, United Arab Emirates
09/10/2019
Malaysia Association Joins APAC RegTech Network
The admission of the Fintech Association of Malaysia was announced at the Fin/SUM Fintech and RegTech Summit in Tokyo on Friday
09/09/2019
UAE and US lenders to strengthen financial and banking relations
Heads of UAE Banks and other high-level US delegates participated in a meeting as part of ongoing collaboration between the two countries
09/09/2019
MTN and Momentum Metropolitan’s Micro-Insurance JV is Gaining Traction
“There are further plans for it to expand into four more African countries in the medium term.”
09/09/2019
Are you ready for Data Protection in the Cayman Islands?
The DPL is similar to the General Data Protection Regulation with which many clients will be familiar.
09/06/2019
New initiative helps payment firms easily access specialised legal services to meet compliance needs
Instead of relying on informal referrals, PREP provides payment firms with a streamlined process to gain access to lawyers specialising in payment services regulations to meet their compliance needs.
09/05/2019
Global Impact Award: Hong Kong Monetary Authority
Among more traditional financial players, the central bank has encouraged incumbents to embrace new technology through the work of the Banking Made Easy task force.
09/05/2019
Exiger Wins Central Banking Award for Best Anti-Money Laundering Technology Provider
Honored for Furthering Central Banking Mission and Combating Financial Crime
09/05/2019
Neobanks: UAE Hands Out Digital Licenses
Tech companies compete with banks.
09/03/2019
Money and private currencies: reflections on Libra
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the ESCB Legal Conference, Frankfurt am Main
09/03/2019
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
Undeterred by regulatory uncertainty and an onerous banking ban, five crypto exchanges in India revealed their new projects last week.
09/02/2019
Why Investment Hubs Don't Deserve Fall From Grace
While investment hubs are often dismissively referred to as tax havens, it is essential to distinguish between them.
09/02/2019
UK fintech Ipagoo bought out of administration
Anglo-Dutch investment group agrees to buy company after customer accounts frozen
09/01/2019
MAS Invites Applications for New Digital Bank Licences
This follows the announcement in June 2019 by Mr Tharman Shanmugaratnam, Senior Minister and Chairman of MAS
08/29/2019
Update in Respect of Data Protection in the Cayman Islands
The contract may also need to incorporate terms to permit cross-border data transfer
08/29/2019
Regulating fintechs in Kenya
Many banking firms also have their own fintech products, but these are governed under the Central Bank of Kenya.