04/24/2019
Most financial sector jobs will be impacted by technology so employees must reskill: IBF and MAS
It also highlighted the skills that each role will need to cope with the changes brought about by technology.
Legal,Regulation,Tax & Compliance
04/24/2019
SoftBank Bets $1 Billion on Battered Payments Firm Wirecard
Payments company’s stock whipsawed after allegations of fraud
04/24/2019
Kazakh Eurasian Bank upgrades cash tech with Fiserv
This can allow the bank to centralise currency management, giving the bank a unified view of cash needs “rather than needing to piece together multiple sets of information”.
04/23/2019
Guernsey: Why Offshore For Fintech?
These are all factors that are critical to the successful development structures for fintech businesses.
04/22/2019
Biometric Technology Market to Grow to $59.31 Billion by 2025
Due to the growing use of biometrics to counter security threats, the biometric technology market is expected to bloom over the next few years.
04/22/2019
Digital banks like Revolut must be allowed to make mistakes, says Lord Mayor of London
“We are on the one hand advocating 100pc protection,” the Lord Mayor said. “But at the same time saying 'why aren't you helping me open a bank account?'"
04/18/2019
Maples Group Advises On Largest Tech Acquisition Deal In UAE
The transaction is the largest ever acquisition of a technology business in the United Arab Emirates
04/18/2019
Consumer loss barometer highlights disconnect in the event of a data breach: KPMG
Latest KPMG report reveals mismatch between consumer expectations and security executive priorities
04/18/2019
Technological shortcomings continue to haunt the banking sector
Tech crashes at UK banks more than doubled in 2018, rising by 187 percent in the year to October.
04/17/2019
IMF joins Hands with World Bank to Launch “Learning Coin”
The launch showcases help to the IMF and World Bank.
04/17/2019
National IFA group signs deal with referral fintech firm
The fintech firm offers a dashboard of real time data for advisers and introducers
04/12/2019
HKMA Grants Fourth Virtual Bank Licence
Virtual banks will not only help drive FinTech and innovation, but also bring about brand new customer experiences and further promote financial inclusion in Hong Kong.
04/12/2019
Replacing the Engine While Flying the Plane
Banks and regulators recognize that in financial crime compliance innovation is imperative
04/11/2019
Hong Kong Monetary Authority Approves Virtual Bank License for WeLab Digital Limited
The HKMA reported that it making good progress in the processing of the remaining 4 shortlisted virtual bank applications indicating that Hong Kong will soon have eight digital bank options.
04/11/2019
Regulatory Technology (RegTech) Market Share, Trend, Segmentation and Forecast to 2025
This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
04/09/2019
Banks should come out of their silos and deploy new tech
It is a fact that fighting financial crime is costly and difficult.
04/08/2019
FSB publishes directory of crypto-assets regulators
The FSB also conducts outreach with approximately 70 other jurisdictions through its six Regional Consultative Groups.
04/08/2019
Businesses test prototype of govt’s new online work permit system, good reviews
Among those with good reviews was Operations Manager of TICO Wine & Spirit Merchants, Phil Aspinall.
04/05/2019
Singapore Regulator and Cambodian National Bank Sign FinTech MOU
The two regulators will work together on developing rules to govern new technologies
04/05/2019
UK Regulators Shine a Spotlight on Cybersecurity and Technology Resilience
A practical way to achieve better governance of cyber issues is to recruit “champions” in the business who understand cyber and can help to bridge any gaps between the business and its technology and security functions.