07/19/2019
Essentially, it gives electronic agents the authority to form, create, execute and terminate contracts without the input of humans, and makes it clear that the validity of any such contractual exchange will not be denied due to the use of an electronic ag
07/18/2019
"Payment Service Providers (PSPs) should carry out regular independent assessment and audit functions that shall be undertaken by the internal and external audit and risk functions … The board of directors is ultimately responsible for the cyb
07/18/2019
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
Six suspects allegedly used ‘typosquatting’ to target over 4,000 victims in 12 countries.
07/17/2019
The issue has become more vexed than ever in recent days as Paris defied U.S. President Donald Trump last week by passing a tax on big digital firms’ revenues in France despite a threat from him to launch a probe that could lead to trade tariffs.
07/17/2019
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at The Alan Turing Institute's AI ethics in the financial sector conference (link is external).
07/17/2019
The move will be a shocker to those who lose their jobs before they are 55-years-old. It will also stop employees — mostly millennials — who do not have a long-term view of employment, from accessing the pension billions.
07/17/2019
Graham Patrick, Senior Client Manager, based in Mauritius, explains why for the tech-savvy investor, Mauritius is an interesting place to watch right now.
07/16/2019
The plan will be coordinated by the relevant government departments, and is said to outline the principles, development goals, key tasks and safeguard measures for the future development of these financial FinTech technologies.
07/16/2019
The guidelines established by the HKMA will be vital in ensuring the legitimacy of the new firms, thus ensuring as much security as possible, but also will facilitate the promotion of financial inclusion within the Hong Kong wealth management industry, pr
07/15/2019
Built on the Salesforce Financial Services Cloud platform, Digital Bank is a pre-configured digital banking accelerator.
07/15/2019
Those indulging in fraudulence will be fined up to SR2 million ($530,000) or given sentences of up to 3 years in prison
07/15/2019
Even if it were to pass the full house, it would still have to pass the senate which would also likely be an uphill struggle.
07/15/2019
The final amount of the fines may well be decreased in court.
07/15/2019
Seven major UAE banks, in addition to FAB, have joined the nationwide platform.
07/14/2019
Things to be discussed during the meeting includes how the central bank will ascertain the better governance of digital assets like Libra.
07/14/2019
Four years earlier, Tokyo-based MtGox exchange was shut down after some half a billion dollars in bitcoin disappeared from its virtual vaults.
07/12/2019
Project Poet was launched yesterday by Mr T. Raja Kumar, deputy secretary (international and training) at the Ministry of Home Affairs.
07/12/2019
These benefits of certainty and stability are attracting the best structured fintech companies and funds which are becoming part of the Bermuda fintech ecosystem.
07/12/2019
We are delighted to have advised Jaja Finance on this significant transaction