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
In the landscape of 2024, FinTech is undergoing a radical transformation, driven largely by a leap in technological integration within the trading sector. This year is poised to be a hallmark moment where advancements in AI, digitization, and decentralized finance (DeFi) combine to create a new era
In an age where technology strides forward with each passing day, the fintech industry in the Asia-Pacific region finds itself at the crossroads of innovation and vulnerability. The "2024 State of Fraud" whitepaper by Telesign paints a sobering portrait of the ever-increasing threat of
In a remarkable turn of events that melds the worlds of finance, technology, and environmental sustainability, the Berlin-based fintech startup, Cloover, has successfully secured an eye-opening $114 million in seed funding. This capital injection, a combination of debt and equity, is particularly
The fintech landscape in India is on the brink of a pivotal transformation with the Reserve Bank of India's (RBI) finalized guidelines for the creation of a Self-Regulatory Organization (SRO). This move aims to forge a link between the burgeoning fintech sector and regulatory authorities,
