US regulators rouse banks to AML innovation
Banks get love and tech support to strengthen the financial system.
Regulation
ISO 20022 not snowed under by icy responses
Bank of England says responses to messaging standard were “largely supportive”.
European Council seeks better AML game
It has released an action plan to tackle this crime.
Professional cybercriminals put the heat on fintech
Danger skulks everywhere in EPC’s latest report on threats and fraud.
Hong Kong puts insurtech on fast track
Hong Kong Insurance Authority plays catch-up with the global fintech industry.
UK’s new SME dispute scheme gets disputed
An MP says caps on payouts are too low and there are concerns over costly court action.
I’m a celebrity… get my ICO out of here!
US Securities and Exchange Commission makes two people in/famous.
China’s Paytend opens European HQ in Lithuania
The company also plans to hire up to 50 staff.
iSignthis plans Australian neobank licence in 2019
Payment and identity technology company to receive it in Q1 2019.
Deutsche Bank offices raided over money laundering affair
Bank says this is in connection with the “Panama Papers”.
Revolut secures Singapore and Japan licences
US and Canada may be delayed but in APAC it prepares for Q1 2019 launches.
Cathay Bank picks QuantaVerse to combat crime
Sino-American bank selects a range of AI-based anti-financial crime solutions.
UK fintech is slow runner in cyber defence race
Financial Conduct Authority evokes movie magic and urges need for speed.
PayPal’s iZettle acquisition raises UK competition concerns
UK’s Competition and Markets Authority poking around.
Infographic: WhatsApp messaging in the financial sector – tips to using it and staying compliant
Telemessage has some helpful messages on messaging and compliance.
Capture Consent: How to protect your business and your clients
Capturing consent without diminishing your customer experience.
Brussels uses Brexit concerns to charm UK fintech
Brussels Capital Region launches campaign to attract firms.
UK watchdog investigating Nasdaq’s $190m bid for Cinnober
Competition and Markets Authority checking things out.
Asseco SEE joins NISP to facilitate PSD2 projects
The NextGenPSD2 Implementation Support Programme (NISP) now has over 20 member organisations.
The PSD2 compliance clock is ticking, but help is at hand
For those banks struggling with the complexities of PSD2 help is at hand.
Move beyond the electronic payment: how well do you know E-Sign?
E-Sign can save you the cost of many hundreds of thousands of first-class mail stamps.
PSR pushes for payee confirmation paradise
UK’s Payment Systems Regulator wants your views for a fair CoP.
Top fintech stories this week – 23 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Gibraltar Blockchain Exchange first in world to acquire full licence
Granted by the Gibraltar Financial Services Commission (GFSC).
FCA’s crypto force looking into limiting exchange tokens
It used the word “prohibition”!
BBVA and Santander join launch of EU blockchain platform
Get ready for the International Association for Trusted Blockchain Applications.
Fenbushi’s Dispatch-ed for blockchain building in Asia
San Francisco-based Dispatch offers DLT app creation.
No fun for Yes Bank over forced CEO exit
Three board members resign in India.
CreditLadder receives FCA approval for payments
As well as approval for account information services.
Oz banking royal commission not a mellow brick road
We reach day 62 and it’s been downbeat for the big four banks Down Under.
Deutsche Bank shares plummet over Danske money laundering mess
The bank’s shares have fallen 48% this year.
Finca Impact Finance picks Finastra for IFRS9 needs
Takes no risks in regulatory compliance with Fusion Risk.
FCA moves to cloud with Sopra Steria
A long-standing collaboration just got cloud-ier.
US regulator plays hardball over ICO securities
Yo fintech! Don’t mess with the Securities and Exchange Commission.
Poland’s at the Heart of fintech sandbox action
Polish Financial Supervision Authority joins the sandbox craze.
New legislation puts motor insurers in the driver’s seat of autonomous cars
The next few years will be transformative for the motor insurance industry.
Singapore regulator makes payments top Bill-ing
Monetary Authority of Singapore finalises its Payment Services Bill.
US Faster Payments Council alive and kicking
FPC plans pacey paytech for all.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The emerging landscape of fintech regulation
Just passing laws will not work to control fintech. Regulators will have to be much more pro-active.
