German financial regulator stops shorting of Wirecard shares
Follows on from accounting investigation in Singapore.
Regulation
Fintech charms US state regulator into modelling
Conference of State Bank Supervisors will implement changes based on feedback.
EU does cross-border payments on the cheap
Consumers protected against “excessive charges for currency conversions”.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Italian interbank DLT project Spunta moves to pre-production
Passing test to solve interbank reconciliation issues in the country.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
Top fintech stories this week – 8 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Wirecard reveals investigation into accounting allegations
The firm had previously called reports “inaccurate, misleading and defamatory”.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
CUBE wins MetLife Insurance regtech project
A small-sized pilot project that could lead to a major win.
Video: check out the PayTech Awards 2018 highlights!
The inaugural PayTech Awards took place on 13 July 2018 on a luxurious Silver Sturgeon yacht in London.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Banking brickbats take out NAB’s CEO and chairman
Repercussions from Australian Royal Commission’s criticisms take effect.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
Australia’s banking sector gets constructive criticism
The Royal Commission has some things to say.
Reserve Bank of India fines three banks for compliance fails
Axis, UCO and Syndicate Bank found to be at fault.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
Philippines brings in new rules on crypto assets
Another regulator gets tough on this rather special sector.
Maldives Monetary Authority calls for payment project tenders
Revamp on the way as MMA issues a request for information.
Regulators officially launch Global Financial Innovation Network
Development builds on FCA’s proposal to create a global sandbox.
Is 2019 the year Open Banking comes to life?
What providers can do to ensure its success.
No lonely planet for open banking in OBIE’s latest guide
Open Banking Implementation Entity is an ecosystem warrior.
MiFID II’s unbundling mandate puts data front and centre for traders
A year on, MiFID II is changing the way buy-side firms acquire and produce investment research.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Judgement day arrives for payments in India
Nation gets ombudsman to help with users’ complaints.
Nixon knocks PSR job on the head
MD to leave the UK’s Payment Systems Regulator in April.
Video: Banking Technology Awards 2018 highlights
Check out the highlights of our glamorous event which took place on 13 December 2018 in London.
Broadridge partially acquires PivotData and Sol Hedge regtech
Fintech provider is expanding its regulatory capabilities.
WorldFirst closes US operations to save Ant Financial deal
UK currency exchange doesn’t want the acquisition derailed by regulators.
Industry brief: FRTB and XVA – Addressing real-time regulatory and business needs with in-memory computing
Fintech companies have already adopted GridGain in-memory computing. Find out why!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Portuguese Banco CTT gets AML tech from Fiserv
One of the nation’s newest banks will use AML Risk Manager.
China plots Nasdaq-style tech board
China Securities Regulatory Commission outlines its ideas.
New York regulator fines Standard Chartered $40m for forex rigging
Old gits, a den of thieves and the usual suspects.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Singapore regulator warns of national cryptocurrency scam
Websites falsely claim that Singapore is adopting a cryptocurrency as its official coin.
Credorax turns to Temenos’ T24 Transact for payments push
Running on the Azure cloud.
Personal finance app Fintify gets FCA approval
Can now operate as a registered account information service provider.
Revolut meets its perfect ClauseMatch
The fintech is upping its regulatory game.
Revolut locks in on banking and trading licences
CEO unveils his cunning plan to build a global licensing team.
