Top

Tag: RegTech


Banking Tech, Mobile Banking

It’s time for core banking to get real

February 9, 2024

Via: FinTech Futures

However, it was pointed out to me that I took something for granted, and in hindsight, it was a great observation. In today’s world, where we are used to online shopping and mobile payments, many are not only carrying less […]


Invest tech, RegTech

Regtech Qomply hires former FCA regulator as director of transaction reporting

November 3, 2023

Via: FinTech Futures

During her six-year tenure at the FCA, Fulugunya gained specialist experience in transaction reporting (MiFID II) and instrument reference data regimes as part of its markets reporting team. As well as reviewing errors and emissions, her remit for the regulator […]


Banking Tech, Mobile Banking

Payoneer partners with Etsy

October 26, 2023

Via: ThePaypers

US-based commerce technology provider Payoneer has partnered with Etsy to support the latter’s expansion into emerging markets and simplify payments. Through this collaboration, Etsy can streamline payments to sellers and help develop economic opportunities for more entrepreneurs in emerging markets. […]


InsurTech, Invest tech

Fintech startup Ramp raises $300M at a 28% lower valuation of $5.8B

August 22, 2023

Via: TechCrunch

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was […]


Invest tech, RegTech

Redefining Regulation: Innovate Finance Urges UK to Prioritise Fintech Innovation

August 18, 2023

Via: The Fintech Times

In a proactive step, Innovate Finance has articulated its vision in response to HM Treasury’s recent call for strategies on refining and gauging the success of UK financial regulators’ new competitiveness objectives. This dialogue comes on the heels of the […]


Invest tech, Trading

US Senate approves national defense bill that also targets crypto mixers

July 28, 2023

Via: Cointelegraph

The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and institutions engaging in crypto trading. The NDAA is a bill that […]


Invest tech, WealthTech

FinTech Futures: Top five stories of the week – 7 July 2023

July 7, 2023

Via: FinTech Futures

FIS has signed a definitive agreement with US-based private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire 55% of Worldpay, with FIS set to receive $11.7 billion in upfront net proceeds. FIS […]


Editorial

How RegTech Is Reshaping Finance: Market Size, Advantages, Challenges, and the Leading Companies in 2023

May 5, 2023

Via: Lilian Cooper

Financial fraud within institutions is a growing concern, as 80% more banks have been fined for  money laundering, costing $10.4 billion. Regulatory technology (RegTech) has become a potential solution to minimize the threat of internal and external monetary fraud. These […]


Invest tech, RegTech

US and China try to crush Binance, SBF’s $40M bribe claim: Asia Express

March 30, 2023

Via: Cointelegraph

On Mar. 27, the U.S. Commodity Futures Trading Commission (CFTC) charged Binance and its founder Changpeng Zhao with alleged willful evasion of federal law and operating an illegal digital assets exchange. In the 74 page complaint, the CFTC claimed that […]


Invest tech, RegTech

Crypto Asset Management Platform Haru Invest Obtains VASP Authorization for Its EU Operation From Lithuania

March 27, 2023

Via: Fintech News

Haru Invest, a leading digital asset management platform, today announced that Haru EU Limited UAB, its EU incorporated subsidiary, has become an authorized Virtual Asset Service Provider (VASP) for its EU operation based in Lithuania. As a VASP authorized business, […]


Blockchain, Crypto, Invest tech, RegTech

Canada’s securities regulator tightens rules for crypto exchanges

February 23, 2023

Via: FinTech Futures

When registering with the CSA, it says crypto exchanges must have enhanced protections for the custody and segregation of crypto assets for Canadian clients and a prohibition on offering margin, credit or other forms of leverage. Platforms are also prohibited […]


Invest tech, RegTech

Lithuania’s central bank reportedly investigating Railsr over AML failures

February 20, 2023

Via: FinTech Futures

The Telegraph reports that the company’s Lithuanian subsidiary PayRNet is being investigated by the country’s central bank. PayRNet secured an electronic money institution licence from the Bank of Lithuania in 2020. In a statement, the Bank of Lithuania says: “There […]


Invest tech, RegTech

Hong Kong outlines upcoming crypto licensing regime

February 20, 2023

Via: Cointelegraph

Hong Kong’s Securities and Futures Commission (SFC) calls for public feedback on its newly proposed licensing regime for cryptocurrency exchanges set to take effect from June 2023. A key consideration of the public consultation window is whether to allow licensed […]


Invest tech, RegTech

AI regtech WorkFusion names Arthur Mueller VP of financial crime

February 17, 2023

Via: FinTech Futures

Mueller, who has spent more than 20 years combating financial crime at financial institutions including UBS, American Express and Commerzbank, joins from Rabobank North America where he served as AML and sanctions officer for more than six years. Founded in […]


Invest tech, RegTech

Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework

February 16, 2023

Via: Bitcoin.com

‘An Alternative Financing and Investment Platform’ The Oman financial markets regulator, the Oman Capital Market Authority, has said it plans to establish a virtual assets framework to “regulate and develop the market in the Sultanate of Oman.” According to the […]


Invest tech, RegTech

Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO

February 8, 2023

Via: Cointelegraph

The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a “terrible” move by the country’s regulators. Armstrong made the comments in a Feb. 9 Twitter thread which […]


Invest tech, RegTech

Report: Korean Regulator Approves Issuance and Distribution of Security Tokens

February 7, 2023

Via: Bitcoin.com

Protecting Korean Security Token Investors The South Korean financial markets regulator, the Financial Services Commission (FSC), has okayed the issuance and distribution of security tokens, a report has said. According to the report, Korean investors are expected to begin trading […]


Invest tech, RegTech

Bank of Nevis International taps Tookitaki for AML tech

February 6, 2023

Via: FinTech Futures

The bank will deploy Tookitaki’s Anti-Money Laundering Suite (AMLS), which the regtech firm says provides risk coverage, sharper detection, and significantly fewer false alerts than legacy financial crime detection systems, allowing BONI to achieve “new levels of accuracy and speed”. […]


Invest tech, RegTech

FCA Appoints Fintech & Regtech Advisors to Speed Up Innovation

February 6, 2023

Via: The Fintech Times

The UK’s financial regulatory body has appointed seven advisors to a new Innovation Advisory Group (IAG) which will meet for the first time this month. The IAG will also alert the FCA on key issues in financial technology and regulation […]


Invest tech, RegTech

Commerzbank files lawsuit against EY over €200m Wirecard losses

January 27, 2023

Via: FinTech Futures

Former fintech darling Wirecard imploded in 2020, filing for insolvency after disclosing a €1.9 billion hole in its accounts. Its collapse came after EY, its auditor for more than a decade, refused to sign off its 2019 accounts, forcing out […]