Managers of Wealth Fintech

Quaint Oak Bank chooses Teslar Software to digitise commercial lending

Teslar’s digital customer portal, customers can apply for loans online, securely upload documents, and easily monitor the status of their loans.

Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC

Along with the charges, the banks were ordered to cease and desist from further violations of the Act and required to remedy their company policies to integrate the regulation and manage employee digital communications.

Crypto.com receives regulatory approval in France

“We look forward to continuing to work with the AMF and the ACPR as we introduce our products and services in France, offering users a comprehensive, safe and secure crypto platform.”

Demystifying wholesale central bank digital currency

Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Symposium on “Payments and Securities Settlement in Europe – today and tomorrow” hosted by the Deutsche Bundesbank

Microsoft Strengthens its Partnership with the African Development Bank

Though 10 to 12 million youth join the continent’s workforce every year, just over 3 million jobs are created, meaning large numbers of people remain unemployed.

European Central Bank Turns to Amazon, CaixaBank and Others to Test Digital Euro

These firms were chosen from a pool of 54 front-end providers who applied to become a part of the process.

Capchase and Sastrify announce partnership

This program will enable Sastrify's customers to extend their runways, cutting their SaaS and cloud costs by up to 30% in their yearly licenses

IQ-EQ partners with Allvue Systems to enhance private debt offering

Through this partnership, announced by Allvue yesterday, Allvue’s clients will have the option to leverage IQ-EQ’s back office servicing and capital markets advisory offering.

Sardine raises $51.5m for fintech fraud platform

Faster payments means faster fraud.

White House sets out digital asset framework

The Treasury will complete an illicit finance risk assessment on decentralised finance by the end of February 2023 and an assessment on non-fungible tokens by July 2023.

Exclusive: TrueLayer announces job cuts of up to 10% of staff

Around 40 roles are likely to be impacted after CEO Francesco Simoneschi revealed “challenging market conditions” had prompted the decision.

CFPB ready to regulate BNPL

Now, the bureau's director Rohit Chopra has laid out plans to bring the sector under supervision.

Former Starling exec wins unfair treatment claim

The employee was fired in March 2020 and has won two of five claims against the digital bank.

Linedata and Liquid Mercury partner on crypto asset solution

Our customers will benefit extensively from the partnership

Google cancels half the projects at its internal R&D group Area 120

According to Area 120 lead Elias Roman, the division aims to sharpen its focus to only AI-first projects, as opposed to its earlier mandate to fuel product incubation across all of Google.

Australian Fintech Taps Israeli Regtech ThetaRay For AML Monitoring Support

By providing full visibility across complex, cross-border transaction paths, SONAR helps protect users against the risk of being exploited for money laundering

Verto announces new partnership with Africa-focused firm Xente

These organisations will be able to use simple cross-border payment mechanisms in an attempt to boost financial inclusion.

Danske Bank fined €1,820,000 by Central bank of Ireland for multi-year AML deficiencies

Anti-money laundering and countering the financing of terrorism compliance is, and will remain, a key priority for the Central Bank.

Central Bank of Egypt selects Acumen.plus

The Central Bank of Egypt (CBE) in Cairo has a total of 4 branches located in 3 cities.

St. James's Place adopts Napier screening tech

The partnership will upgrade SJP’s client and entity screening capabilities, strengthening and enabling agility within its financial crime compliance function.

Legal,Regulation,Tax & Compliance