08/25/2022
Class Action lawsuit claims Coinbase failed to protect customers from fraud
The suit allege that the company was indifferent to consumers’ losses.
Legal,Regulation,Tax & Compliance
08/23/2022
Six’s regulator says biotech broke reporting rules and proposes sanctions
The company allegedly violated the regulations in the financial reporting of 2019 and 2020.
08/22/2022
Anne Boden: Starling’s return on equity will be 30%
The ambitious target comes off the back of a year in which the company has recorded its first annual profit.
08/22/2022
Use of technology in arbitration and court proceedings in Hong Kong
There are also increased demands in the industry for the use of technology in court proceedings, and accordingly, innovative measures have been introduced in the Hong Kong Special Administrative Region.
08/22/2022
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.
08/22/2022
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.
08/19/2022
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.
08/18/2022
GB Bank secures UK banking license
The banking licence allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward.
08/18/2022
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.
08/17/2022
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.
08/17/2022
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
08/12/2022
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
08/11/2022
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.
08/11/2022
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.
08/09/2022
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.
08/08/2022
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.
08/08/2022
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.
08/08/2022
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.
08/05/2022
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.
08/05/2022
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.