Managers of Wealth Fintech

16 Banks Announce Initiative to Digitalise Payments Across EU

The implementation phase is expected to begin in the coming weeks through the creation of an interim company in Brussels.

Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary

Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.

'We must bow out with pride' - VBS boss Tshifhiwa Matodzi

It took more than two years for the first identifiably suspicious transactions to emerge before VBS devolved into a Ponzi scheme and ultimately collapsed in March 2018.

Banking.Systems partners with PaymentComponents for Open Banking

This partnership allows for NexorONE®, the online banking software solution provided by Banking.Systems®, to integrate with PaymentComponents’s pioneering Open Banking API Management platform, aplonAPI™.

Lack of standardization hurts banks’ ability to secure new identity verification tech, says expert

"Banks and financial institutions in Canada need to adhere to multiple standards and find the appropriate technology for each use case, while also understanding the risk level of each threat,” Magrath explained.

Carey Olsen acts in BVI's first major virtual trial since COVID-19 lockdown

The Carey Olsen team was led by James Noble, partner and head of the firm's litigation practice in Asia.

CSDR: The Final Chapter?

It’s fantastic to know that the UK government is looking to drive the financial sector, berated by so many outside it’s immediate circle, but crucial to the country as a whole as an independent entity.

Finastra announces closing of Enhancement Services business sale

Finastra has closed the sale of its Canadian-based Enhancement Services business to Sigma Loyalty Group

Tisa selects Atos for MiFID II blockchain utility for asset management industry

Currently, this exchange of information is inconsistent and sometimes firms struggle to obtain all the data they need from other firms to enable disclosure of all costs.

Digital Regulation Cooperation Forum set up in the UK

Six objectives for the DRCF have been specified by the authorities, including their intention to use the forum as a vehicle for informing regulatory policy, anticipating future developments and promoting innovation.

Technology in legal transactions

The times we find ourselves living in are presenting us with challenges in all walks of life.

UAE: new consumer and data security law moves closer

The law will enable the fair and prompt settlement of disputes, and help consumers obtain fair compensation.

India bans 59 Chinese apps, including TikTok and WeChat, after deadly border clash

Government cites national security and privacy concerns, saying decision aims to ‘ensure safety and sovereignty of Indian cyberspace

How coronavirus is changing data protection for firms

Some are still catching up with the general requirements of the new framework of law

SGX to fully acquire BidFX

As part of its multi-asset strategy to build FX into another core pillar of growth, SGX first acquired a 20% stake in BidFX in March 2019, with the aim of bringing together FX futures with OTC markets.

Singapore Cracks Down on Unlicensed Crypto Sellers

According to the police, the woman does not have a licence to provide payment services in Singapore and is not an exempt payment service provider under the Payment Services Act.

RegTech – a watershed moment?

The current developments caused by the crisis and the resulting regulatory, technological and behavioural shifts are a potential watershed moment for the RegTech ecosystem.

EWUB Luxembourg signs up with BearingPoint for tax reporting

BearingPoint RegTech's DAC6/MDR module facilitates the process of complying with the new regulations and enables the identification and a clear tracking of all reportable and non-reportable agreements

Wirecard Scandal Could Give Fintech a Bad Name

Wirecard even toyed with merging with a flagging Deutsche Bank AG, according to my colleagues at Bloomberg News, but the German investment bank thankfully dodged that bullet.

First Bank, Access Bank Tell Customers To Be Wary As Bank Fraud Rises

First Bank and Access Bank Warns Customers Against Bank Fraudsters

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