11/30/2016
Bank of England recruits fintech firms to ramp up cybersecurity drive
Officials are getting financial technology (fintech) firms into Threadneedle Street to work on ways to use new systems to combat fraud.
Legal,Regulation,Tax & Compliance
11/30/2016
Hedge fund Elliott takes aim at Cognizant
In a 16-page letter posted on its website, the hedge fund outlined a 'Cognizant Value-Enhancement Plan' aimed at boosting the company's stock price.
11/28/2016
BearingPoint ranked in the top 30 for risk technology in prestigious Chartis RiskTech100® report
Risk reporting solution Abacus moves up 27 places in the Chartis RiskTech100® with high scores for functionality and customer satisfaction
11/25/2016
EU Securities Watchdog Finalizing Position On Blockchain
The European Securities and Markets Authority said the technology has not reached a “tipping point” of regulatory intervention yet
11/25/2016
Regulation and DLT: Working to Strike the Right Balance
Blockchain Technology: The Future for Financial Services Infrastructure
11/25/2016
Bank of Jordan Opts for Wolters Kluwer’s Risk Software
Bank of Jordan will use the OneSumX for balance sheet modeling, risk measurement, risk management and regulatory compliance.
11/22/2016
Here are the Ten Fintech Firms that Singapore Just Gave S$1.15 Million
The winners were selected by a panel of 13 judges, representing a cross-section of international and local experts from the private and public sector.
11/21/2016
FinTech Proposed Regulation to Lower Market Entry Barriers
This proposal marks the first concrete step to facilitate FinTech at a governmental level.
11/21/2016
The Morning Risk Report: Regulators Want To Be ‘Reg-Tech’ Innovators
“Reg-tech can drive down the cost of compliance.”
11/18/2016
Disruptors: from sandbox to stocks? Fintech/Insurtech forum round-up
Disruptive forces are reshaping the financial services landscape. Fintech and insurtech are at the top of the agenda for many big businesses, but how are they dealing with the pressure from new challengers?
11/17/2016
First UK crowdfunded fintech makes successful LSE IPO
According to LSE, technology companies that have floated in 2016 have shown strong performance post IPO
11/17/2016
Gresham announced as category winner in Chartis RiskTech100 Awards 2017 for Data Integrity and Control
This is the second year in a row in which Gresham has been recognised in the top 50 of the RiskTech100, rising 5 places to 38.
11/16/2016
Singapore issues sandbox guidelines for fintech experiments
The guidelines incorporate feedback from the public consultation as well as learning points from actual sandbox applications.
11/15/2016
SEC Chief Says Fintech May Need New Regulation
Global investment in fintech companies is estimated to be over $19 billion last year.
11/15/2016
European Commission are launching a Task Force on Financial Technology
The work of this Task Force builds on the Commission's goal to develop a comprehensive strategy on FinTech.
11/15/2016
SimCorp Partners with Cassini Systems to Enhance Its Front Office Offering
The partnership will help firms that use derivatives to improve their assessment of the total cost of trade to make more informed investment decisions.
11/13/2016
Russian Banks Suffered Powerful DDOS Attacks - Good News is that Attacks were Successfully Mitigated
The intensity of the attacks reached 660 thousands of requests per second. It is also noted that some of the banks were attacked repeatedly.
11/13/2016
Nasdaq Wins RiskTech 100 Best Operational Risk & GRC Software Solution
The BWise GRC platform is used by hundreds of organizations across industry sectors worldwide.
11/11/2016
Hong Kong Central Bank Flags Blockchain Money-Laundering Risk
Distributed-ledger technology offers “good potential, but a lot of things need to be addressed,” Shu Pui Li
11/10/2016
PSD2 Could End Up Being a Boon to — Yikes! — Banks
PSD2, will require EU banks to open the EU payment market to companies offering consumer or business-oriented payment services