Managers of Wealth Fintech

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

The European Central Bank Collaborates with Diebold Nixdorf for Digital Euro Innovation Platform

The digital euro is intended to be a form of digital cash universally accepted in the European Union, complementing current forms of payment.

UAE closes in on launch of Digital Dirham

The CBDC will soon be introduced in phases to mitigate risks, with an intermediated two-tier distribution model and wallet-based access.

Telecoms watchdog consults on Jersey’s vital communications networks

Under the new legal framework, the Authority will receive a considerably enhanced role, designed to monitor and manage compliance

Lloyds Bank issues four-step rule to fix banking app problem

A string of Lloyds customers said they could not access the app

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