Managers of Wealth Fintech

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.

Central bank oversight body sets end of year deadline for cryptoassets framework

The unwinding of public support measures - which were critical in shielding banks from losses over the past two years - places greater importance on the resilience of the banking sector to absorb potential shocks.

Citi wins appeal over $500m funds transfer gaffe

Citi was midway through a project to replace obsolete software dating from the 1990s when a 'clerical error' resulted in the transfer of the full debt repayment, rather than the interest that was due on the loans.

SIX Benefiting from Sino-American Audit Debate

Last month American and Chinese officials agreed to allow Chinese accounting firms to share more information with US regulators about the finances of Chinese companies listed on U.S. stock exchanges.

Cayman Islands: Regulation Of Crypto Exchanges And Other Crypto Services In The Cayman Islands

According to information from the CIMA, 55% of the VASPs registered in Cayman are trading platforms with a daily transaction volume of USD5.1 billion (2 to 3% of total global volumes).

SteelEye raises $21m Series B

We are excited to partner with the company as it accelerates its expansion in the North American market and beyond.

Avaloq And Synpulse Sign License Reseller Agreement

Avaloq and Synpulse have finalised a license reseller agreement to provide end-to-end digital solutions for private banks and wealth managers in Asia

Compliance costs and complexity are driving the demand for RegTech solutions.

Compliance and technology analytics firm has announced the completion of a $21m Series B fundraising round as it looks to accelerate its expansion in the U.S.

Revolut under pressure over internal audit

Not only is Revolut due to file its 2021 accouints by the end of September, it is also likely to face pressure to invest more in its back office functions.

CyberCube to partner with AkinovA

The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry

Easy4Cloud and Fabrick join forces for open banking in Italy and Spain

The solution employs Fabrick Pass, which makes it possible to use the PSD2 APIs published on the platform and to take advantage of the Account Information Service Provider (AISP) licence available in 'as a service' mode, allowing concrete access

Moove Signs MoU with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Globally

Moove is a mission-led company committed to empowering mobility entrepreneurs to be productive and successful through providing access to vehicle financing and other financial services.

Singapore to tighten retail crypto trading rules

However, Menon has ruled out a ban on retail trading, conceding that such a move would not work in a borderless world.

South Africa: Regulatory and deal developments in South African fintech

This group has engaged in public-private participatory discussions and the production of position papers to settle on the policies to advise the drafting of regulations.

FTC ANPR Explores Wide Ranging Topics for Privacy and Cybersecurity Rulemaking

Commissioner Slaughter highlighted her interest in data minimization efforts and purpose of use specifications; civil rights violations and the impacts on vulnerable and marginalized populations from discriminatory algorithms; and children’s privacy

Block faces lawsuit over Cash App breach

For some customers, brokerage portfolio value, brokerage portfolio holdings and/or stock trading activity for one trading day were also downloaded.

Legal,Regulation,Tax & Compliance