The Canadian Investment Regulatory Organization (CIRO) is responding to the growing interest from investment dealers in taking part in the federal government’s forthcoming open banking initiative. This initiative aims to improve innovation within the banking sector by enabling bank customers to s
Google Wallet isn't just Android's mobile payments platform. It's meant to be a full-on digital wallet, storing not only your payment methods but also documents like travel and event tickets, and even, in some cases, your identification. In 2023, beginning with Maryland, Google
An ambitious proposal put forth by the national trade association ABCUL aims to significantly reshape the credit union common bond framework, emphasizing the importance of targeted modifications to sustain and expand the credit union sector in the UK. Recent trends highlight a decline in the number
fiIndependent financial advisors face a myriad of challenges in their daily operations. From managing compliance and client relations to delivering advanced investment solutions, the workload can be overwhelming. Leveraging a Turnkey Asset Management Platform (TAMP) can significantly streamline
The landscape of credit assessment in the United States is undergoing a significant transformation. Traditional credit scoring models, which have long relied on past credit usage, are being supplemented with alternative credit data to provide a more comprehensive and fair evaluation of consumer
Sri Lanka faces a challenging situation as it strives to avoid being placed on the Financial Action Task Force (FATF) grey list, a designation indicating a high risk of money laundering and terrorist financing activities. The urgency of the matter was underscored in a high-stakes meeting involving
As Bitcoin's value climbs toward an unprecedented $100,000, the world watches closely, with many countries reexamining its potential role in their economic frameworks. Amidst this global interest, Japan remains notably cautious about adopting Bitcoin as part of its foreign reserves,
The financial landscape is undergoing a significant transformation as open banking and cashless payments emerge as the driving forces behind future fintech developments. Open banking, an innovative system that allows consumers to share their financial data securely with third-party providers via
In today's rapidly evolving financial technology landscape, staying ahead is a challenge many companies face. However, FIS has consistently demonstrated its ability to not only keep pace but also lead with innovation and reliability. This commitment to excellence is evident as FIS recently
Blockchain technology is ushering in significant enhancements to the safety and accessibility of online operations. Originally introduced in connection with cryptocurrencies like Bitcoin, blockchain is showing promise far beyond this initial use case. Its decentralized, immutable, and transparent
