07/07/2020
Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.
07/07/2020
It took more than two years for the first identifiably suspicious transactions to emerge before VBS devolved into a Ponzi scheme and ultimately collapsed in March 2018.
07/06/2020
This partnership allows for NexorONE®, the online banking software solution provided by Banking.Systems®, to integrate with PaymentComponents’s pioneering Open Banking API Management platform, aplonAPI™.
07/06/2020
"Banks and financial institutions in Canada need to adhere to multiple standards and find the appropriate technology for each use case, while also understanding the risk level of each threat,” Magrath explained.
07/06/2020
The Carey Olsen team was led by James Noble, partner and head of the firm's litigation practice in Asia.
07/05/2020
It’s fantastic to know that the UK government is looking to drive the financial sector, berated by so many outside it’s immediate circle, but crucial to the country as a whole as an independent entity.
07/03/2020
Finastra has closed the sale of its Canadian-based Enhancement Services business to Sigma Loyalty Group
07/03/2020
Currently, this exchange of information is inconsistent and sometimes firms struggle to obtain all the data they need from other firms to enable disclosure of all costs.
07/03/2020
Six objectives for the DRCF have been specified by the authorities, including their intention to use the forum as a vehicle for informing regulatory policy, anticipating future developments and promoting innovation.
07/02/2020
The times we find ourselves living in are presenting us with challenges in all walks of life.
07/02/2020
The law will enable the fair and prompt settlement of disputes, and help consumers obtain fair compensation.
06/30/2020
Government cites national security and privacy concerns, saying decision aims to ‘ensure safety and sovereignty of Indian cyberspace
06/30/2020
Some are still catching up with the general requirements of the new framework of law
06/29/2020
As part of its multi-asset strategy to build FX into another core pillar of growth, SGX first acquired a 20% stake in BidFX in March 2019, with the aim of bringing together FX futures with OTC markets.
06/25/2020
According to the police, the woman does not have a licence to provide payment services in Singapore and is not an exempt payment service provider under the Payment Services Act.
06/25/2020
The current developments caused by the crisis and the resulting regulatory, technological and behavioural shifts are a potential watershed moment for the RegTech ecosystem.
06/25/2020
BearingPoint RegTech's DAC6/MDR module facilitates the process of complying with the new regulations and enables the identification and a clear tracking of all reportable and non-reportable agreements
06/24/2020
Wirecard even toyed with merging with a flagging Deutsche Bank AG, according to my colleagues at Bloomberg News, but the German investment bank thankfully dodged that bullet.
06/24/2020
First Bank and Access Bank Warns Customers Against Bank Fraudsters
06/23/2020
By actively connecting the life goals of clients with their investment plans, relationship managers can deliver greater value and reduce excess pressure on service fees, by creating investment strategies that are more likely to satisfy client expectations