03/13/2023
Compliance will be make or break for bank-fintech partnerships
Regulators need to be mindful of not blocking collaboration, writes Harsh Sinha, chief technology officer at Wise.
Legal,Regulation,Tax & Compliance
03/10/2023
Cloud scaling and the challenges seen by IBM
The key focus of the report is not to discourage modernisation and innovation, but to ensure risk is minimised and high levels of security and data privacy are maintained.
03/10/2023
Zilch partners with Yapily to harness open banking technology for BNPL
The BNPL aims to maximise the consumer benefits of open banking to help those struggling with the cost of living crisis.
03/10/2023
American Banking Giant JPMorgan Is Cutting Ties with Gemini
Over the years, the exchange has broadened its operational reach and expanded its service offerings.
03/10/2023
Nigeria's central bank releases PSD2-style open banking legislation
The PSD2-style legislation is expected to enhance access to local financial services and deepen financial inclusion for millions of people, including the many unbanked people in Nigeria.
03/09/2023
After laying off 40% of workforce, Till Payments lands $70 million funding round
The company has since revised its strategy with a fresh focus on sustainable growth and fast-tracking profitability.
03/09/2023
Payroll and benefits fintech Catch shuts down
Over the last six years, it has raised about $18 million in funding and secure insurance licenses in 47 states and the District of Columbia.
03/09/2023
HMBradley inks deal with Thought Machine for digital banking services
HMBradley also announced that its customers will have the opportunity to set their annual percentage yield (APY) on their accounts each month
03/08/2023
Fintech fraud and compliance concerns lift selfie biometrics, ID verification providers
The company has developed algorithms to determine if a presented ID document is physically present, or being presented as an image on a screen.
03/08/2023
LSEG and Mastercard partner on open banking-enabled account verification
With Mastercard's tech, LSEG's open banking product will be able to address more than 95 per cent of US deposit accounts.
03/08/2023
FCA takes further action against unregistered crypto ATMs in East London
Crypto ATMs allow people to buy or convert money into cryptoassets.
03/07/2023
Senators urge regulators to take action on Zelle fraud
Regulators should "closely review and examine the customer reimbursement and anti-money laundering (AML) practices of depository institutions that participate in the Zelle network," says the letter.
03/06/2023
Intesa Sanpaolo Bank Romania joins Ibos network
Throughout 2023, the IBOS network will continue to grow and is motivated to expand its international alliance across the globe. Through IBOS, global corporate business can work locally.
03/03/2023
Intesa Sanpaolo signs digital infrastructure deal with IBM
IBM has been researching and developing quantum-safe technology
03/02/2023
African-focused FCA-approved digital escrow service Truzo launches
Primarily focusing on digital escrow, Truzo now also offers auxiliary features including multi-currency digital wallets, remittances as well as payments and receipts.
03/02/2023
Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up
Additionally, Tazapay will also leverage Volt’s fraud prevention solution to identify and block any suspicious payments by monitoring transactions via a flexible scoring system.
03/01/2023
BMA licenses Cash App World
Wayne Caines, PLP backbencher, said in the House of Assembly on Monday that the announcement had made waves on social media.
03/01/2023
Bittrex Global customers able to trade Euro Coin
In addition to being able to trade on the world's most secure and regulated exchange, our customers can now enjoy no fees on these trades
03/01/2023
Beyond the Pillars—Global Tax Policy in a Digitalizing World
Based on jurisdictions that have implemented or are implementing the Pillar Two global minimum tax, we estimate almost 90% of global multinational entities with revenue above 750 million euros ($794.9 million) will be subject to the minimum tax by 2025.
03/01/2023
Regulators in Hong Kong start developing regulatory regime for crypto assets and stablecoins
The regulator plans to take further steps on setting up the regime, with implementation targeted for 2023 or 2024.