Managers of Wealth Fintech

Crypto Corner: Stay vigilant and safe

The Social Market Foundation estimates that 40% of fraud victims are targeted more than once, highlighting the need for awareness.

HMRC spends £785m a year on running digital tax systems

The NAO report said that three of its eight most costly tax-related digital programmes involved remediating legacy systems in 2023-24.

Capgemini CEO says EU went 'too far' with AI rules

The EU says its AI Act is the world's most comprehensive law governing the use of AI, but it has been criticised by some companies for stifling innovation.

Syfe Offers AUD$65 Million to Acquire Australia’s Selfwealth

The Singapore-based platform seeks to expand Australian presence and enhance digital investing offerings through strategic acquisition

Money Mules Emerge as a Growing Global Threat

In response, new regulations are being introduced to hold banks more accountable, forcing financial institutions to shift towards proactive fraud detection methods.

Coinbase obtains VASP registration in the UK

Coinbase has obtained its VASP registration in the UK.

Fintech Galaxy Receives Central Bank Approval to Test Open Banking in Jordan

This decision marks a significant milestone for Fintech Galaxy as it becomes the first Open Banking company to receive regulatory approval in Jordan.

Australia tells BNPL providers to apply for credit licences

Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.

Crypto.com Secures MiCA Licence, Expands to Europe

Approval by MFSA allows Crypto.Com to offer regulated crypto services across the European Economic Area

Commission CEO concerned about AI-generated applications received by regulator

Asked about the impact of AI on charities, Holdsworth told attendees that the technology could do a “huge amount of good” in the sector and within the commission.

BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto

BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?

Withers successfully defends clients in high-profile bitcoin-mining dispute

This case is a great demonstration of our strength in representing clients from the CIS region and advising on digital asset disputes, two of our firm's specialisms.

Paymob lands Retail Payment Services licence to further UAE expansion

The licence enables Paymob to provide merchants in the UAE with its full omni-channel payment suite

FCA and PSR set out next steps for open banking in the UK

The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.

FCA to remove £100 contactless limit

Alongside existing planned reform to securities settlement, digital assets and pensions, the FCA outlined other measures under consideration.

SAMA signs agreement to bring Google Pay to KSA in 2025

The news follows SAMA’s ongoing progress with its digital financial agenda

TransUnion expands LatAm footprint with $560m deal for majority stake in Trans Union de México

We see substantial opportunity to introduce global products like trended and alternative credit data, fraud mitigation solutions and consumer engagement tools.

Ireland proposes legislative changes to tackle scam epidemic

A third committment includes examining the feasibility off implementing an SMS scam filter which blocks harmful links or content.

The EBA and ESMA analyse recent developments in crypto-assets

EBA and ESMA find that DeFi remains a niche phenomenon, with value locked in DeFi protocols representing 4% of all crypto-asset market value at the global level.

American Express pays $230 million for alleged deceptive sales

The Department of Justice also accused American Express for using false employer identification numbers

Legal,Regulation,Tax & Compliance