11/03/2022
FE fundiinfo expands European ESG data provision
The collaboration will give MSCI’s ESG and Climate clients the ability to pair FE fundinfo’s whole of market EET data
Legal,Regulation,Tax & Compliance
11/03/2022
Fintech layoffs continue with digital bank Chime cutting 12% of staff
First Chime had to stop calling itself a bank, now it has to axe 12% of its staff.
11/02/2022
Credit Karma freezes hiring amid “revenue challenges”
One of fintech’s unicorn successes, bought by Intuit two years ago, has paused hiring.
11/02/2022
Key financial crime and anti-money laundering risk areas for businesses revealed
The report comes as the International Compliance Association warns that financial crime now accounts for 3.6% of global GDP as criminals acquire more sophisticated means of laundering money and financing terrorism.
11/02/2022
MAS grants payments institution licence to Paxos
Paxos is now able to offer its leading digital asset and blockchain products and services
11/02/2022
Target Group Makes a NICE Selection for Fraud, AML and KYC Solutions
The AML Essentials solution will be used to monitor suspicious activity while supporting customer due diligence and watchlist screening capabilities.
11/02/2022
Singapore moves to digitalise bankers' guarantees and insurance bonds
It was jointly developed with the Association of Banks in Singapore (ABS) [1] and in consultation with the General Insurance Association of Singapore (GIA).
11/01/2022
Saudi: AlUla signs IBM to implement smart city project
The Saudi Ministry of Investment also signed an agreement with Brazilian tech company Ocellott, aimed at collaborating to develop an innovative propulsion battery system for future projects of electric vehicles at the event
11/01/2022
The Swedish FSA continues investigation into Swedbank IT-incident
Swedbank has taken forceful measures to prevent this from happening again.
11/01/2022
Egypt's Money Fellows raises $31m to digitise money circles
By digitising money circles, Money Fellows says it is helping users to broaden their potential pool of partners beyond the traditional group of close friends and family.
10/31/2022
Saudi Central Bank licenses new fintech company to provide e-wallet service
This brings the total number of payment companies licensed by SAMA to 22
10/31/2022
OCC sets up fintech office
The new office will be led by an as yet unnamed chief financial technology officer, who will be a deputy comptroller reporting to the senior deputy comptroller for bank supervision policy.
10/28/2022
How banks can benefit from implementing data governance
Banks in particular need to derive value from data for both the innovation and modernization of their operations as well as for continued compliance and ethical management of the data they work with.
10/28/2022
TD Asset Management Inc. Announces Risk Rating Change to the TD Global Technology Innovators Index ETF
This risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators
10/27/2022
Deel and WeWork strike partnership
The deal will see WeWork and Deel capitalise on the skyrocketing trend of recent years that has seen increasingly distributed teams.
10/26/2022
EU preps rule for mandatory instant payments in euros
PSPs would then have six months to be ready to receive instant payments in euros in the euro area. They would have a year for sending instant payments in euros.
10/25/2022
ASIC sues BPS Financial for alleged misleading statements about crypto-asset Qoin
ASIC is seeking declarations, pecuniary penalties, injunctions and adverse publicity orders from the Court.
10/24/2022
Santander call for 'radical plan of action' to put the brakes on APP fraud
Santander is calling for a radical plan of action.
10/21/2022
Eurosystem delays T2 wholesale payment system launch
The large value payments system project, years in the making, brings together the RTGS system and the securities settlement platform run by the Eurosystem.
10/21/2022
KKR Joins UPL as an Investor In Advanta
Advanta is focused on sustainable agriculture, providing farmers with locally adapted high-performing and quality hybrid seeds, developed through decades of research and advanced technologies in traditional plant breeding seeds.