Managers of Wealth Fintech

OWNY Partners with Flagright to Strengthen AML Monitoring and Compliance

The investment platform will use Flagright’s tools for real-time monitoring, risk scoring, and case management to support compliance as it expands.

Bank of England overhauls core payments system settling £800bn a day

The new platform, developed in partnership with Accenture and launched in April, underpins the daily settlement of around £800bn of transactions between banks, building societies and payment firms.

Edenred Payment Solutions Supports Hnry’s UK Expansion to Empower Sole Traders

The partnership sees EPS providing a suite of B2B BaaS capabilities to support Hnry’s tax and payments automation platform as it brings a much-needed solution to sole traders navigating business admin, expenses and tax.

QCP Greenlit by MAS to Offer Regulated Crypto OTC Trading in Singapore

The firm has also grown its Singapore team by about 40 percent over the past year, strengthening compliance and operations capacity.

Wise mulls UK banking licence

The latest rumblings follow the fintech's application for national trust bank status in the US.

UK leads as Western Islamic Finance hub despite limited local uptake

Nearly all sukuk listings in London originated from GCC countries, underscoring the city’s status as a global Islamic finance hub.

The Rise of Finfluencers: Unpacking Compliance Risks in Southeast Asia’s Financial Landscape

Regulators across Southeast Asia are tightening rules on financial advertising and the use of social media influencers, aiming to curb misinformation, unethical sales tactics, and rising risks from finfluencers.

Regulators tighten grip on banks and crypto amid AML lapses

Regulatory penalties for global financial institutions skyrocket 417% in H1 2025

Profile Software deploys CrediaBank’s risk & compliance platform

This breadth ensures the bank can meet regulatory demands while simultaneously enhancing operational efficiency and reporting transparency.

NatWest branch manager who stole £344,000 from ATMs given suspended sentence

He also forged his colleagues’ signatures when he needed to balance the books for the ATMs.

AI fraud fears rise as 16% of Swedes hit by scams

Our own systems continue to detect large volumes of fraud attempts

UK holds lead as West’s Islamic finance hub despite challenges

UK Islamic banking assets rose by 38% year on year to $11.4 billion at end-2024.

Visa halts open banking operations in US amid regulatory challenges

The company has ceased its open-banking initiatives aimed at providing third parties access to customer account data.

FTC Chair warns US big tech on complying with UK and EU online safety acts

Ferguson stated: "Foreign governments seeking to limit free expression or weaken data security in the United States might count on the fact that companies have an incentive to simplify their operations

CFPB sues Synapse for mishandling customer funds

Many consumers have yet to receive their full account balance.

MVR 2.9m stolen from expats in cryptocurrency fraud scheme

The police say this is the beginning of the entire fraudulent operation.

Alchemy Pay Adopts Sumsub’s Travel Rule Solution as Crypto Oversight Tightens

The partnership comes as Alchemy Pay expands its regulatory footprint

Coinbase executive praises Genius Act

Ms Haas was speaking in a fireside chat with Oppenheimer analyst Owen Lau at the Oppenheimer 28th Annual Technology, internet and Communications Conference.

UK fintech Privalgo gains Dutch regulatory approval for EU payment operations

Privalgo has obtained an Electronic Money Institution licence from De Nederlandsche Bank.

New York AG sues Zelle parent, claiming 'massive' fraud losses

Launched in 2017, Zelle is hugely popular, with over 150 million enrolled users

Legal,Regulation,Tax & Compliance