05/30/2019
Employing Technology for Tax Compliance in Payables
But the risk exists whether or not you choose to face it.
Legal,Regulation,Tax & Compliance
05/29/2019
Digital investing service Wealthsimple raises $100m
Canadian fintech Wealthsimple – which aims to make investing accessible to everyone – has raised $100 million investment, Jane Connolly writes.
05/29/2019
One Year On: The Impact of the GDPR on Digital Banking
The GDPR implications for the financial services sector were undoubtedly significant, and the move towards digitisation and open banking has compounded an already complicated privacy landscape in an industry where trust is crucial.
05/29/2019
Standard Bank targets small businesses with new ‘all in one’ e-commerce service
It also offers MasterPass, e-invoicing, tokenisation, fraud monitoring, among other services.
05/29/2019
Standard Chartered partners with IBM to automate trade document processing
The engine will convert non-digital shipping documents into a machine-readable format and classify them according to an initial pre-defined database.
05/28/2019
Sovos acquires Foriba
Sovos’ acquisition of Foriba, along with other recent investments, helps us safeguard customers as countries around the world adopt e-invoicing, e-archiving and e-receipt regulations for B2B and B2C transactions.
05/23/2019
German regulator orders online bank N26 to step up controls against money laundering
On Wednesday, BaFin said N26 must take measures including reidentifying some existing customers, catching up on a backlog of IT monitoring and documenting workflows.
05/23/2019
HKMA takes first step towards regulating the use of big data analytics and artificial intelligence in FinTech
The EAF is expressly stated to be non-binding guidance, intended as a first step towards a privacy regime better equipped to address modern challenges.
05/23/2019
Dubai-based fintech looks to match banks' funding needs with the world's wealthy
NewBridge Fintech Solutions has just raised money from Finablr founder B.R. Shetty to fund its growth
05/23/2019
Deloitte announces enhancements to its digital bank asset
The offering comes integrated with a wide range of leading cloud vendors and fintechs.
05/21/2019
The tech giant break-up
The digital sector has created substantial benefits for consumers and companies alike, but these have come at the cost of increasing dominance of a handful of tech giants
05/20/2019
The tech companies that will be hit by South Africa’s new VAT changes
“It follows that the platform would have to charge VAT at the rate of 15% on the facilitation fee, notwithstanding the fact that it facilitates the booking of accommodation that is located outside South Africa.”
05/20/2019
Appleby Hongkong Advises Angelhub On Its Equity Crowdfunding Platform
The Greater Bay Area offers a lot of business opportunities - it just needs a platform to match investors with start-ups.
05/17/2019
How Cryptocurrencies are Regulated in the Middle East
Some significant events in 2018 had turned global attention to the Middle East in regards to cryptocurrency development.
05/17/2019
Bahamas International Securities Exchange Signs Digital Securities Exchange Partnership Agreement
The partnership will benefit from the trading and compliance technology, industry know-how and operational excellence of both parties.
05/17/2019
BOCHK’s virtual bank is a new paradigm that transcends old business models
Livi VB to initially rely on interbank lending, but will later also fund its loans using customer deposits
05/17/2019
A view on the FinTech landscape today and regulatory challenges
Alongside the risk of financial discrimination, the speech also considers ways in which FinTech growth has the potential to increase the financial system’s operational and cyber security risks.
05/17/2019
What will MLD5 mean for the regulation of Cryptoassets?
Other businesses involved in the cryptoasset/virtual currency industry may also fall within the scope of UK legislation when MLD5 is implemented.
05/17/2019
FCA consultation on Cryptoassets brings welcome clarity on extent of regulatory perimeter
The proposed FCA Guidance clarifies where different categories of cryptoasset tokens fall to be in relation to the FCA’s regulatory perimeter.
05/15/2019
Fintech Collaboration between the Hong Kong Monetary Authority and the Bank of Thailand
The HKMA looks forward to working together with BOT and seeing the positive outcome from our joint effort.”