The digital finance world is constantly evolving, ushering in an era of unprecedented convenience and complexity. Online banking, contactless payments, and a plethora of fintech apps have become integral to our daily lives. However, as the ease of managing finances online has increased, so have the
The FinTech sector is rapidly evolving, characterized by innovative technological advancements and a perpetually shifting regulatory landscape. Compliance teams within FinTech companies face significant hurdles as they strive to align their operations with new and often intricate regulations.
Mangopay has clinched the prestigious Fraud & ID Verification Award at the 2024 Global FinTech Awards, reflecting its groundbreaking advancements in the field of financial technology. This accolade underscores Mangopay's commitment to combating online fraud and enhancing identity
The U.S. Securities and Exchange Commission (SEC) recently took enforcement action against four major companies—Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited—for allegedly misleading investors about the severity of cybersecurity breaches they exp
Investment firms are facing increasing regulatory scrutiny to ensure they deliver Best Execution for their clients. Originating from the European Securities and Markets Authority (ESMA) under the MiFID I regulations in 2007 and expanded upon by MiFID II, Best Execution mandates firms to achieve the
The Consumer Financial Protection Bureau (CFPB) has recently introduced a rule requiring financial institutions to share consumer data with third parties upon consumer request, a move that has triggered immediate backlash from the banking industry. This legal friction has culminated in a lawsuit
