Managers of Wealth Fintech

New digital bank EZ Bank secures SAMA licence

EZ Bank, a joint venture between Qatar's QNB and Saudi Arabia's Ajlan & Bros Holding, also landed approval from the Central Bank of Egypt last week.

Bank of England Calls for Stricter Oversight on Stablecoins and Private Finances

The Bank of England, led by Governor Andrew Bailey, underscores the importance of adaptable surveillance mechanisms to navigate these transformations.

FCA partners Raidiam to accelerate open finance testing

The partnership will see Raidiam enable participants of the FCA's Smart Data Accelerator, launched last month, to simulate and test data sharing.

‘AI first’ approach endorsed in new EU strategies

The first strategy, the ‘apply AI’ strategy, includes sector-specific commitments for industries such as health, manufacturing, defence and energy, as well as pledges with cross-sector relevance.

UAE signs on to OECD crypto reporting framework

The system establishes a mechanism for exchanging automatically tax information on crypto asset activities and comes into effect in 2027, with the first exchanges of information expected in 2028.

Fintech Laws and Regulations British Virgin Islands 2025

The British Virgin Islands (BVI) is recognised across the globe as a leading offshore financial centre which, as at the end of Q4 of 2024, had over 355,000 business companies on the Register of Companies.

DFSA launches consultation over new DIFC crypto token rules

The move comes just days after the Financial Services Regulatory Authority in the Abu Dhabi Global Market revealed revamped rules for fiat-pegged crypto tokens.

Bank of France wants EU crypto regulation under Paris-based ESMA

The Bank of France’s governor called for crypto oversight to be given to the European Securities and Markets Authority, and for tightening MiCA’s rules on stablecoin issuance.

Worldpay and East West Bank expand access to advanced payment options

Worldpay and East West Bank, a leading U.S. bank with domestic and international reach, have joined forces to expand payment solutions for the bank’s commercial and business customers.

Digital assets go legit – but can security keep up?

The SEC’s green light for crypto ETPs and a $123k Bitcoin surge signals an institutional flood

ABBL chief warns of 'significant risks' in digital payments

Despite such professional schemes, Grbic explained that the "human element" remains the primary weak point.

Plan your cloud transformation carefully

Cloud transformation is no longer just an IT issue, but a central component of business strategy.

How banks avoid billions in losses during core banking migration

The core banking system is the heart of a bank – it controls all processes from account management and payment transactions to lending and reporting.

ECB advances digital euro project with new partners

The ECB made clear that a formal decision on whether to issue a digital euro has not yet been taken.

Revolut still the worst UK firm for fraud complaints, warns Which?

Revolut has once again recorded the highest number of fraud and scam complaints escalated to the Financial Ombudsman Service (FOS).

GDPR vs. PSD2: Navigating fintech’s contradictory compliance matrix in the shadow of DORA

The financial sector is built on a fundamental paradox: the imperative to innovate and share data to drive competition, and the absolute requirement to protect that data from misuse and breach.

Future-proofing reserve management and monetary operations

Digital transformation is high on the strategic agenda for central banks.

Chinese woman convicted after 'world's biggest' bitcoin seizure

The Metropolitan Police says it recovered 61,000 bitcoin worth more than £5bn ($6.7bn) in current prices.

Thai SEC Seeks Operators for Digital Asset Payment Scheme

The pilot project will test digital asset-to-Baht payments for tourists, with applications open until 26 December 2025

Tokenize Xchange Collapse Leaves S$266.3 Million Owed to Users

More than 2,200 customers have filed their claims with court-appointed managers, who are urging others to come forward.

Legal,Regulation,Tax & Compliance