Managers of Wealth Fintech

GB Bank receives full banking licence, set to lend £3bn over five years

The Teesside Pension Fund (TPF) has agreed to invest up to £48 million to support the bank’s growth plans.

Crypto is More in Step With Asia’s Equities, Highlighting Need for Regulation

Crypto trading volume, and co-movement with equity markets, has surged in the region.

EU braced for legal challenges to rules designed to tackle Big Tech

Some of the new obligations in the DMA include a ban on companies listing their products on their internet platforms ahead of rivals and a promotion of data sharing with smaller competitors.

GB Bank secures UK banking license

The banking licence allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward.

UOB and Doxa team up to digitise trade financing and procurement

This will unify the financial ecosystem and we are excited to be part of this journey.

CellPoint Digital takes on the subscription market with Rebar Technology

IBS Intelligence reported that CellPoint Digital, a global leader in payment orchestration, announced a strategic partnership to expand its successful relationship with Continuum Commerce, which provides multi-currency and FX services.

Synapse Announces Partnership with Lineage Bank

Agreement aligns with Synapse’s commitment to deliver total solutions for fintech companies as part of its multi-bank partnership strategy – and extends Lineage Bank’s opportunities to rapidly expand and serve more fintech customers with

Carey Olsen advises Argentinian fintech Geopagos on US$35m funding round

The Carey Olsen team advising Geopagos on the Cayman Islands law aspects of its fundraising

Progress on Digital Asset Rules and Regulations Lagging

With Congress bogged down, it may be some time before bills that will directly impact the charitable sector begin moving again.

Thread Bank teams up with BaaS player Unit

Together Unit and Thread Bank are well-positioned to offer customers seamless banking experiences by combining best-in-class finance and technology capabilities.

Bank of London to bring 350 new jobs to Charlotte with new tech hub

The UK's second clearing bank in 250 years continues to expand after investing millions in a Belfast hub two months ago.

Crypto.com secures licences in South Korea with acqusitions of PnLink and OK-BIT

“This is an exciting next step for Crypto.com in an important market,” said Kris Marszalek, Co-Founder and CEO of Crypto.com.

Fintech Laws & Regulations Report 2022 – The Bahamas

The chapter, which is now available, outlines the fintech landscape, funding for fintech, regulatory regime, accessing of talent and technology in the jurisdiction.

Opalesque Roundtable: The Bahamas’ Pioneering Legal Groundwork for Digital Assets Industry

The Roundtable report, which was published today, features fintech partner, Christel Sands-Feaste as one of the expert contributors.

Goldman Sachs’s credit card division under investigation by CFPB

Goldman Sachs is reportedly absorbing over $1.2 billion in losses to back its move into the digital consumer market.

Kenya beefs up consumer data protection

The law requires that all entities that process data must register with the ODPC and pay fees according to number of employees, turnover/revenue, and whether the firm is a public entity or not.

3S Money Obtains a Luxembourg Licence as an Electronic Money Institution

3S Money continues to invest in its expansion across its key regions by attracting new talent in the UK, Dubai, Latvia and now Luxembourg

SmartKYC introduces smartLists

With smartLISTS, firms are able to manage or ingest their own lists of individuals or entities.

HSBC points to IT risks of proposed break up

In a presentation to analysts on a positive second quarter, HSBC CFO Ewen Stevenson hit back at Ping An's proposals, arguing that the risks of setting up separate IT systems for Asia would far outweigh any material benefits from the move.

Regulation and how financial services can stay compliant

At the same time, with rapid digitisation over the last three years, and ever-evolving UK legislation accelerated by Brexit

Legal,Regulation,Tax & Compliance