Managers of Wealth Fintech

Big Tech Companies Are Becoming Big Banks So a Global Regulator Wants New Rules

The paper suggests a “new regulatory compass” for big tech’s future finance endeavors, and even discusses data regulation.

Central Bankers From Britain, France And Germany Want Scrutiny on Facebook For Libra Cryptocurrency

Global central bankers have so far largely refrained from regulating digital currencies, having failed last year to reach an agreement on how to do so and concluding they were too small to pose a risk to the financial system.

Big tech in finance: opportunities and risks

The role of big techs in finance raises issues that go beyond traditional financial risks, according to the BIS.

Addepar Inks Reseller Partnership With Mirador

The West Coast fintech firm will be resold to wealth management firms and UHNW family offices with customized analytics and reporting

Ripple Announces Strategic Partnership with Money Transfer Giant, MoneyGram

The partnership with Ripple will focus on the xRapid product, a solution for on-demand liquidity, which reduces reliance on pre-funding by enabling money to be sent from one currency and instantly settled in the destination currency.

CAIS Enhances Platform Experience with Integration Partner PCR

Timely, Detailed Reporting Process Streamlines Advisor and Fund Manager Workflow

New Zealand: Proposal for digital services tax outlined

The key proposition is the introduction of a DST in New Zealand if there is insufficient progress made by the OECD in 2019 to come to a global solution to the problem of taxing the digital economy.

US wants Swedish crypto scammer extradited, sentenced for fraud

Each share could be purchased for only $98 with a potential $45,000 payout. This did not end up being the case.

Trade Bank of Iraq and ESDS software solution sign MOU for developing Fintech and a cloud platform

This is the latest in a number of strategic agreements we have made with leading firms in the region to help rebuild, develop and modernise Iraq.

Entrepreneurs claim Nedbank stole their patented card-blocking system

This figure is based on the estimated royalties they say they would have received had Nedbank acquired the software legally.

Broadridge launches SFTR change management service

SFTR is part of the European Union’s implementation of the global effort to regulate shadow banking

Improved Online Banking Security Promises to Benefit E-Commerce Experience

As a result of this, experts are anticipating that it will be easier for consumers to carry out safe shopping online without worrying about whether or not their private information will be compromised by malicious third parties.

Scammers Cloning Legitimate Banks Websites To Defraud Potential Clients

The key here is that the cloned websites have brazenly put the regulatory numbers and the URL of the Swiss Investment Corporation on these cloned websites

Monetary Authority of Singapore and UK financial authorities announce collaboration on cyber security

The collaboration will involve MAS and the UK financial authorities identifying effective ways to share information and exploring potential for staff exchanges.

Largest Korean Bank to Explore Crypto Asset Management

Earlier iHodl reported that one of the oldest South Korea's financial institutions, Shinhan Bank, announced the launch of its blockchain-based verification system that can replace the verification process of certification documents required in Korea.

Exclusive: Grab eyes Singapore banking license as regulator studies virtual banks - sources

Singapore-headquartered Grab's interest in what would be its first foray into banking has not been reported before.

ABX wins approval for crypto asset exchange and custodian

Hirander Misra, chairman and CEO at GMEX Group and vice chairman at Arabian Bourse, believes that the partnership will bring proven market expertise and technology, with a deep understanding of the exchange landscape in the Middle East.

FMS.next has been enhanced to support PSD2 and Open Banking requirements

The solution comes with a preloaded set of APIs to cover requirements of directives, implementing all necessary security mechanisms for authentication and consent management.

Global regulators divide on fintech impact on financial system

New reports highlight inability to reach consensus on best approaches

National Treasury director-general on digital tax plan

Meantime, China’s central bank governor Yi Gang has kept a low profile during the meetings here, but he was spotted earlier Sunday.

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