Tying compliance and operational risk
How financial institutions can effectively operate in the ever-changing regulatory space.
Regulation
Scotland’s Strathclyde Uni unleashes fintech accelerator programme
Brave hearts can apply for an overall package of £10,000.
Equifax fined £500k for UK security breach
15 million UK citizens were affected during the cyberattack in 2017.
Webinar: Overpromised & Underdelivered – Common Misconceptions About AI for Banking
Tuesday, 9 October. Register now!
High noon for UK’s “Wild West” crypto-assets
Treasury Committee puts on sheriff’s star and shoots straight.
KGI Bank pioneers Taiwan’s first regulatory sandbox
In collaboration with Chunghwa Telecom.
Singapore unveils world’s first unified payment QR code
SGQR will be adopted by 27 payment schemes.
New York sues US to halt fintech charters
Another regulator kicks up a fuss over national bank charters.
State supervisor keeps on fighting against US fintech charter
Conference of State Bank Supervisors will renew its litigation against OCC.
Top fintech stories this week – 14 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
White paper: The state of IT incident response in financial services
The financial services sector is beset by ever more high-profile IT failures.
Mexico’s Fintech Law now published and live
Setting fintech standards for Central and South America.
US blockchain start-ups launch Blockchain Association
The crypto force assembles!
Euro banking watchdog gets anti-money laundering bite
Oh European Banking Authority, what big teeth you have!
Bank of China US ups compliance with Fenergo
Welcome to the world of acronyms: KYC, AML and CDD.
Abu Dhabi regulator tightens up funding rules
ADGM also teams with Beijing-based firm for Belt and Road initiative.
Kasasa unveils new compliance solution, RegGen
Firm is now entering the regtech space.
IRRBB: the big picture in miniature
Work at the IRRBB lab is a never-ending process of experimentation and discovery.
TNB USA Bank sues NY Fed over master account access
Connecticut-based bank says it needs the account to function.
Wells Fargo wholesale banking unit probed for fraud
US Justice Department checking out bank employees and management pressure.
Goldman Sachs hasn’t dropped crypto trading desk plans
Well… this story has been updated.
IdentityMind unveils regtech webstore
Will let companies integrate compliance and regulatory technologies into their solutions.
UK’s New Payment System Operator opens developer portal
PSPs and billers are cordially invited to develop “Request to Pay”.
ING feels sting of €775m fine for money laundering mishaps
Dutch bank says its “shortcomings enabled customers to misuse accounts”.
UK challenger bank Monzo looks for chief risk officer
“We really care about providing a phenomenal experience for our customers.” OK.
Bank of America closing immigrants’ accounts
The bank is reportedly demanding an update in residence documents.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Standard Chartered applies for HK virtual licence for new bank
The upcoming digital bank also got a new CEO.
Webinar: Reimagining banking’s role in a micro-enterprise economy
Join us for a live webinar on Wednesday, 26 September!
Due to popular demand: Banking Technology Awards entry deadline extended!
Submit your nominations by 7 September 2018.
UK offers fintech expertise to Nigeria
Due to Brexit, it needs to find new markets.
Switzerland relaxes AML rules for small fintech firms
For companies with gross revenues of less than CHF 1.5m ($1.53m).
Brexit for EEA financial services firms doing business in the UK
What are the options for the 8,000 firms that use EU financial services passports to do business in the UK?
The rise of regtech
A head of steam is building around regtech, driven by the confluence of interest from regulators, banks and fintechs.
Political rhetoric and its impact on cryptocurrencies
How the regular pronouncements from governments and regulators are impacting the cryptocurrency market.
Regtech ComplySci on a high with Vista Equity investment
New York-based firm feeling funky via Vista’s Endeavor Fund.
UK government preps banking and fintech for no Brexit deal
Just in case things don’t go to plan after 29 March 2019.
German minister calls for independent EU Swift payments network
To bypass the US sanctions on business with Iran.
UK banks urged to drop blame game in fraud claims
Financial Ombudsman Service wants banks to investigate cases more.
BearingPoint invests in Insignary to up security
Tech consultancy’s first investment in an Asian start-up.
