07/24/2019
Circle was granted a ‘Class F’ license under the Bermudan Digital Assets Business Act of 2018, with the Circle describing itself as “the first major crypto finance company” to receive the permit.
07/23/2019
In preparation for this meeting, assistant attorney general Makan Delrahim met on June 5 with his G7 counterparts in Paris and drafted a common understanding of G7 competition authorities on competition and the digital economy to inform the discussion in
07/23/2019
The MOU between SFA and AFIN will entail greater collaboration between both parties
07/23/2019
The partnership will, in addition, transform the management of financial data and extend services to individuals and businesses across Nigeria.
07/22/2019
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
07/22/2019
This digital micro-pension programme was launched at the Afro-Asia FinTech Festival in Nairobi.
07/22/2019
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
07/21/2019
The new age of virtual banks and how it can be more future ready
07/19/2019
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.
07/19/2019
As to authorisation approaches, the EBA found that proportionality and flexibility principles are applied in the same way by competent authorities
07/19/2019
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.”
07/19/2019
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
07/18/2019
"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
07/18/2019
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
Six suspects allegedly used ‘typosquatting’ to target over 4,000 victims in 12 countries.
07/17/2019
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.
07/17/2019
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).
07/17/2019
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.
07/17/2019
Graham Patrick, Senior Client Manager, based in Mauritius, explains why for the tech-savvy investor, Mauritius is an interesting place to watch right now.
07/16/2019
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.