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
07/11/2019
“The President has directed that we investigate the effects of this legislation and determine whether it is discriminatory or unreasonable and burdens or restricts United States commerce,” Lighthizer said.
07/10/2019
"From the government's perspective, we pay more attention to its influence on financial services, monetary policy and financial stability," Wang said.
07/10/2019
This means e-commerce and technology companies – such as the Chinese company Xiaomi – will be allowed to provide banking services so long as they hold a license.
07/09/2019
The Report aims to share knowledge and provide support to supervisors and other stakeholders in identifying and understanding the main trends that could impact PIs' and EMIs' business models and pose potential challenges to their sustainability.
07/08/2019
Intends to expand their product offering beyond lending
07/08/2019
The HKMA and ACPR share the view that through closer collaboration with each other
07/05/2019
The organisation contributes to fintech programmes in key global financial centres.
07/05/2019
Tink says that banks are welcoming feedback, and showing a willingness to improve but predicts that third parties will now need to rely on contingency methods stipulated by PSD2 if they are to offer a smooth service for end users come September.
07/05/2019
Wells Fargo admitted to five breaches between 2014 and 2019 that led it misreport is capital position.