10/31/2022
OCC sets up fintech office
The new office will be led by an as yet unnamed chief financial technology officer, who will be a deputy comptroller reporting to the senior deputy comptroller for bank supervision policy.
Legal,Regulation,Tax & Compliance
10/28/2022
How banks can benefit from implementing data governance
Banks in particular need to derive value from data for both the innovation and modernization of their operations as well as for continued compliance and ethical management of the data they work with.
10/28/2022
TD Asset Management Inc. Announces Risk Rating Change to the TD Global Technology Innovators Index ETF
This risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators
10/27/2022
Deel and WeWork strike partnership
The deal will see WeWork and Deel capitalise on the skyrocketing trend of recent years that has seen increasingly distributed teams.
10/26/2022
EU preps rule for mandatory instant payments in euros
PSPs would then have six months to be ready to receive instant payments in euros in the euro area. They would have a year for sending instant payments in euros.
10/25/2022
ASIC sues BPS Financial for alleged misleading statements about crypto-asset Qoin
ASIC is seeking declarations, pecuniary penalties, injunctions and adverse publicity orders from the Court.
10/24/2022
Santander call for 'radical plan of action' to put the brakes on APP fraud
Santander is calling for a radical plan of action.
10/21/2022
Eurosystem delays T2 wholesale payment system launch
The large value payments system project, years in the making, brings together the RTGS system and the securities settlement platform run by the Eurosystem.
10/21/2022
KKR Joins UPL as an Investor In Advanta
Advanta is focused on sustainable agriculture, providing farmers with locally adapted high-performing and quality hybrid seeds, developed through decades of research and advanced technologies in traditional plant breeding seeds.
10/20/2022
IQ-EQ shortlisted in the PICCASO Privacy Awards 2022
IQ-EQ has established a strong and effective Privacy and Data Protection team over the past year and achieved tangible results
10/20/2022
Data modernisation: financial regulators explore technology’s possibilities
Challenges include the variable quality of data available to regulators and ‘analysis paralysis’, as well as hiring and retaining people with the right skills
10/20/2022
Hong Kong Soon To Launch Its CBDC
The Monetary Authority of Hong Kong has begun preparatory work on the Digital Hong Kong Dollar.
10/19/2022
Bunq wins AML case against Dutch Central Bank
The court has subsequently sided with Bunq.
10/19/2022
SS&C Europe sings for Napier compliance tech
SS&C Europe will now benefit from increased visibility over transactions moving through its systems
10/18/2022
New European Fintech Regulations Affecting ICT Providers
Regulators of FS businesses have acknowledged for years that ICT risks pose a challenge to the operational resilience and stability of financial systems
10/14/2022
State Street's TradeNeXus platform partners Capitolis on integrated portfolio optimisation
Firms can then decide which optimization opportunities to pursue using Capitolis’ technology based on the expected savings and initiate those optimizations
10/12/2022
Temenos Launches Self-Service Financial Crime Mitigation on Temenos Banking Cloud
New Temenos FCM SaaS allows banks to compose and manage financial crime mitigation in a secure, continually evolving, self-service platform
10/11/2022
UAE fintech Mamo receives regulatory approval in DIFC
Mamo has built a reputation for being radically customer-centric, with incredibly fast product development times - often launching and announcing multiple new features in a matter of weeks - a refreshing approach from a regional start-up. Presently
10/11/2022
Orange Bank deploys real-time sanctions screening with SAS and Neterium
To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud.
10/07/2022
Donelan trails Data Protection and Digital Information Bill rethink
“The current draft of the Bill is as complex and ‘one size fits all’ as the regime in force at the moment so, based on Donelan’s comments, more significant carve-outs for small organisations look likely to be proposed,” she s