Bitcoin and its Influence on the Crypto Market The short-term outlook for Bitcoin has been a focal point of many market analyses, particularly as it hovers around key resistance levels. The current target range for Bitcoin is between $62,000 to $63,000, with the potential to hit $65,000 if it
Compliance in the asset management sector is transforming rapidly due to evolving regulatory requirements, presenting multiple challenges for compliance officers as they strive to ensure the integrity and success of financial operations. As legal and operational standards constantly evolve, the
Evolve Bancorp, along with its subsidiary Evolve Bank & Trust, has recently found itself in the regulatory spotlight. The US Federal Reserve Board issued a directive that mandates significant corrective measures to address deficiencies in the bank’s risk management, anti-money laundering (AML),
“Banking the unbanked” is one of the more significant catchphrases in FinTech. It underpins the industry’s existence, not progress for progress’ sake, but technology to overcome existing challenges and inequities. While many debate which technologies are the most appropriate for this, Decentralized
In a landmark decision, the US Securities and Exchange Commission (SEC) reached a $4.5 billion settlement with Terraform Labs and its former CEO, Do Kwon. This settlement follows the catastrophic collapse of TerraUSD and Luna that sent shockwaves through the cryptocurrency market in 2022. The
The trajectory of the global financial sector is decisively shifting towards an era of openness and interconnectivity, with open banking at its vanguard. Moldindconbank, a pivotal financial institution in Moldova, is steering this transformation in its stride, having strategically allied with
The landscape of the Regulatory Technology (RegTech) sector is shifting, with experts predicting a surge to a $66.9 billion valuation by the year 2032. As financial institutions face this surging wave, the art of selecting the right RegTech partner is becoming increasingly crucial. More than just a
The global financial regulatory landscape is undergoing significant changes in 2024, influenced by key political shifts and technological innovations. With financial crime at the forefront of regulatory concerns, this article delves into emerging patterns and strategies within this fast-evolving
In 2024, as financial crimes become increasingly complex and cross-border in nature, regulators across the globe face a high-stakes game of cat and mouse. With geopolitical tensions shaping policy and technological innovations blurring the lines of legality, the task of combating financial crime
In a rapidly digitizing world, the financial sector stands at a crossroads, confronting a surge in cyber threats capable of unraveling the fabric of global economic trust. The stakes have never been higher, as the sector is propelled into a future where technology underpins every transaction, every
