Managers of Wealth Fintech

BIS urges central banks to reconsider approach to AI

The report pointed to the rapid and widespread adoption of AI by households and businesses.

Capturing the Value of Data in Technology Transactions

Data exemplifies the failure of US IP law to keep up with today’s technological advances.

Judge temporarily blocks CFPB open banking rule

Now, the preliminary injunction prevents enforcement until the CFPB “has completed its reconsideration of the rule”.

Payroll tech in focus as HMRC pay bill climbs

While much of this growth came from Executive Officer roles, up 4.8% a notable rise in higher-paid positions significantly contributed to the increase in payroll spending.

UAE and Turkish central banks ‘deepen’ payments and fintech connections

The MoUs are in addition to a bilateral currency swap agreement between the UAE’s dirham and Turkey’s lira.

APRA warns of concentration risk as banks move to US cloud providers

The Australian Prudential Regulation Authority said on Tuesday an industry-wide audit was under way to determine pressure points for the banking sector and broader economy if a cloud or other critical technology provider were to fail, and called for &

ABA makes recommendations for AI policy, regulatory reform

Earlier this year, the White House Office of Science and Technology Policy issued a request for information regarding regulatory reforms to promote AI development.

Regulator warns Australian banks on technology risks

Consequently, banks should be asking more of their internal audit teams to monitor any technology-related risks.

Trump pardons Binance founder Zhao

Zhao pleaded guilty in 2023 to violating the Bank Secrecy Act and causing a financial institution to violate the same act.

FCA announces UK fund tokenisation proposals

The regulator is accepting feedback until 21 November on its proposals in the other chapters in the consultation paper.

American Fintech Council calls on CFPB to prohibit open banking data access fees

The CFPB only published the Personal Financial Data Rights final rule in October, giving Americans the right to instruct their banks to share their financial data with third party providers.

Tamara obtains Central Bank of the UAE approval

As a leading Fintech platform in the UAE, Tamara has cemented its position as a trusted financial partner.

UK's HMRC targets crypto investors in major tax crackdown

This new number indicated a rise from the previous 27,700 letters sent in 2023, according to data released under the Freedom of Information Act.

MAS Launches BLOOM to Advance Tokenised and Stablecoin Settlements

The initiative builds on Project Orchid to expand digital settlement capabilities across currencies

$14-Billion Bitcoin Bust in Historic Crypto Crime Crackdown

They accuse Chen of leading a massive cybercrime network

How will the OECD’s Crypto-Asset Reporting Framework impact your business?

Activities of an investment fund investing in crypto-assets do not constitute a service effectuating exchange transactions

New Italian legislation on Artificial Intelligence: regulatory obligations, operational implications, and alignment with the European AI Act

The Italian law anticipates the adoption of domestic measures aimed at facilitating the effective implementation of the European provisions, with particular emphasis on the healthcare, justice, and labor sectors.

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