06/03/2019
Kenya Banking Charter Proposes Tough Regulations for Online Lenders
The CBK is pursuing the proposal whose tough rules, should they be assented
Legal,Regulation,Tax & Compliance
06/03/2019
HK, Singapore, Japan Associations Launch APAC RegTech Network
Under the initiative, the regtech committees of the FTAHK (Fintech Association of Hong Kong), SFA (Singapore Fintech Association) and FTJ (Fintech Association of Japan) will jointly convene regular meetings, and increase dialogue and information exchange
05/31/2019
Advice rewired: Do robo-advisers dream of actual profits?
Lost more than £100m
05/31/2019
Connective Payments: a consultancy dedicated to payments
The services the Netherlands-based boutique consulting firm offers relate to payments strategy, PSD2, customer on boarding and customer journey, operational excellence, project- and change management, and working in ecosystems.
05/31/2019
Industry body boosts Singapore fintech ecosystem with regulatory technology
The new regtech sub-committee will look towards working with other similar sub-committees of fintech associations in other countries, starting with Hong Kong and Japan.
05/31/2019
International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy
The 129 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) adopted a Programme of Work laying out a process for reaching a new global agreement for taxing multinational enterprises.
05/31/2019
IRESS acquires global data group for $62m
IRESS has announced its acquisition of an international market data provider, which will continue to be operated by its founder and CEO within the IRESS group.
05/31/2019
Artificial intelligence panel proposed to oversee NY's high-tech future
The whole world is behind, not just the state government
05/30/2019
ICOs and Digital Assets: A New and Optional Legal Regime in France
This new initiative follows Italy, which enacted in early February 2019 a set of rules establishing an overarching legal foundation for the validity and enforceability of distributed ledger technologies and smart contracts.
05/30/2019
Strands and Tech Mahindra strike digital banking partnership
By providing data-driven analytics of user behavior, the digital banking solution will enable financial institutions to create personalized and contextual offering for their customers.
05/30/2019
Employing Technology for Tax Compliance in Payables
But the risk exists whether or not you choose to face it.
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.