The Fintech Times

AUGUST 10, 2024

This initiative is timely as global attention on AI compliance intensifies, with new regulations in Asia as well as Europe highlighting the need for secure and ethical practices in the financial industry. It describes it as the first Traditional Chinese large language model developed to comply with global AI governance standards.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

Neopay

JANUARY 2, 2024

In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance within the financial services sector. This involves reviewing existing plans or assisting in creating a new compliance monitoring plan (CMP).

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 59

Fintech News

APRIL 14, 2024

Money20/20 Asia, set for 23-25 April at the Queen Sirikit National Convention Center in Bangkok, will prominently feature regulators from Asia’s financial sector among its speakers. Bhukkanasut will discuss the challenges of balancing regulatory compliance with the need for innovation in fintech. Register at this link.

APACS 112

APACS Regulations Cross-Border Cross-Border Payments 112

Fintech News

MARCH 3, 2024

FOMO Group, a Singapore-based financial holding company, announced that it has appointed Cindy Ho as its new Group Head of Compliance. FOMO Group has consistently demonstrated its commitment to the highest standards of compliance. She has previously served as the Chief Control Officer at Bank J. Before her tenure at Bank J.

Compliance 107

Compliance AML Money Laundering Regulatory Compliance 107

Innovative Payments Association

SEPTEMBER 16, 2024

New Innovative Payments Association guide designed to help financial institutions that work with fintechs navigate the complex world of regulatory compliance. “At IPA, we believe regulatory compliance should not hinder innovation. . “At IPA, we believe regulatory compliance should not hinder innovation.

Regulatory Compliance 52

Regulatory Compliance Compliance FinTech Financial Inclusion 52

FloQast

MAY 9, 2024

In the intricate dance of modern business, compliance programs serve as vital navigational guides, steering organizations through a labyrinth of regulations and risks. They not only uphold regulatory standards but also inform strategic decisions and protect stakeholders’ interests.

Compliance 97

Compliance Audit Risk Assessment Assessments 97

Fintech Finance

OCTOBER 23, 2024

Led by Intix, the survey explored readiness levels and compliance with key regulations, including ISO 20022 standards, as well as the readiness of banks as they prepare to meet the EU’s Instant Payments Regulation, which takes effect in January 2025 for receiving instant payment transactions and October 2025 for sending instant payment transactions.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

The Payments Association

FEBRUARY 16, 2024

Banks and finserv companies have a significant task in 2024 when it comes to building and retaining consumer trust. As it turns out, there’s a disconnect between what banks think threatens trust and what customers say threatens trust. Read more

Regulatory Compliance 88

Regulatory Compliance Compliance Consumer Regulations 88

Fintech News

OCTOBER 29, 2024

.” Gemini has recently made strategic leadership hires in Singapore, including appointing Saad Ahmed as Head of APAC earlier this year to drive regional strategy and regulatory compliance. The company is expanding its team in Singapore to support its growth and ensure adherence to local regulations.

APACS 112

APACS Regulatory Compliance Cross-Border Payments 112

The Payments Association

JUNE 26, 2024

Regulatory compliance, particularly in data protection and consumer rights, remains essential. Adhering to regulations such as GDPR and maintaining open communication with authorities ensures long-term trust and success.

Digital Payments 110

Digital Payments Fraud Detection Regulatory Compliance Encryption 110

Segpay

OCTOBER 3, 2024

The system provides a simple “over or under” age threshold results to companies, ensuring compliance with age-restricted services. Key Factors for Choosing Age Verification Tools: Regulatory Compliance : GDPR and COPPA regulations require platforms to ensure that they adequately protect minors from accessing adult content.

Compliance 89

Compliance Verification Database Privacy 89

VISTA InfoSec

JUNE 3, 2024

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). It mandates strict compliance requirements for organizations that process personal data, regardless of their location.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform.

Transactions 113

Transactions Security Deepfake Travel Rule 113

The Payments Association

OCTOBER 24, 2024

Cross-border payments are transforming rapidly with evolving regulations and technological advancements. provides a robust solution to companies that balance compliance, security, and operational efficiency. As businesses navigate the complexities of global trade, DigiDoe Ltd. Connect on Linkedin here

Cross-Border Payments 88

Cross-Border Payments Cross-Border Regulatory Compliance Fraud Detection 88

Fintech News

AUGUST 11, 2024

Thailand’s digital asset sandbox aims to foster innovation in the capital market while ensuring regulatory compliance through a flexible framework. Following a public hearing in May, which gathered feedback from various stakeholders, the SEC finalised the regulations.

Regulatory Compliance 119

Regulatory Compliance Participant Advisors Adjustments 119

The Fintech Times

SEPTEMBER 13, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. So far this month, The Fintech Times has focused on compliance.

Compliance 72

Compliance FinTech Reconciliation Audit 72

Fintech News

MAY 12, 2024

Christopher Chye Christopher Chye, CEO of XREX Singapore said, “Our engagements with the MAS have repeatedly shown us why they are internationally revered as a leading central bank and financial regulator. With this license in hand, XREX Singapore will endeavour to bring blockchain-enabled digital payment currencies to ubiquity.”

Cross-Border 113

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 113

Fintech News

JUNE 11, 2024

Ripple, a provider of enterprise blockchain and crypto solutions, has finalised its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian, after securing necessary regulatory approvals.

Stablecoins 112

Stablecoins Acquirers Regulatory Compliance Central Bank 112

Open Banking Excellence

SEPTEMBER 21, 2023

Cybersecurity experts Duncan McDonald, Global Head of Compliance Services & Wayne Scott, Regulatory Compliance Lead, from The NCC Group explain how to prepare for DORA compliance and why the new legislation will enhance cyber resilience across the financial sector and its supply chain. compliance.

FinTech 130

FinTech Compliance Regulations Non-Bank 130

Fintech News

FEBRUARY 28, 2024

Regulatory compliance has always been a top priority for us. With this in-principle approval, we’re pleased to move a step closer to our vision of providing a comprehensive and regulated OTC trading solution that supports a wide range of digital payment tokens and fiat currencies for our clients,” said Li Liang, CEO of HashKey OTC.

Accreditation 118

Accreditation Regulatory Compliance Settlement Digital Payments 118

Fintech Finance

NOVEMBER 14, 2024

Fraud prevention and regulatory compliance are the major challenges facing the industry When asked about the top challenges expected for the year ahead, fraud prevention topped the list, with 63% of respondents identifying it as a primary concern.

Regulatory Compliance 94

Regulatory Compliance Payment APIs and Integration Cross-Border Payments Fraud Prevention 94

Fintech Finance

OCTOBER 7, 2024

These findings are particularly concerning given the tighter regulations both financial and technology institutions face regarding third-party supplier risk management in their digital operations. While 70.1% of respondents reported mitigating risks through standard supplier management processes, only 14.3%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

The Payments Association

JULY 16, 2024

Enhancing the FCA’s complaints reporting process aims to swiftly identify consumer harm, improve regulatory compliance, and streamline operations for financial firms. Read more

Process 88

Process Regulatory Compliance SWIFT Compliance 88

Fintech Finance

JULY 24, 2024

Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance. Security : Implementing new solutions to support staying ahead of evolving threats.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

The Fintech Times

NOVEMBER 26, 2024

With over 240 million customers across the globe, global blockchain ecosystem and cryptocurrency exchange, Binance is seeking top compliance and investigation talent to ensure it can keep pace with the industry and company’s rapid maturation and growth. “We Currently, the firm employs over 1,000 compliance staff and contractors.

Compliance 64

Compliance Financial Crimes Crime Money Laundering 64

Fintech Review

OCTOBER 1, 2024

These protocols are integral to combating financial crime and ensure regulatory compliance. However, in 2024, the focus is shifting from merely adhering to regulations to enhancing customer experience and trust. Real-time monitoring of customers and transactions is also crucial in mitigating risks and ensuring compliance.

AML 98

AML Verification Research Consumer 98

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. Margita, why is having a Compliance Monitoring Plan so important for businesses today? Can a Compliance Monitoring Plan be used for more than just adhering to FCA regulations? Absolutely.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

Fintech News

MARCH 6, 2024

This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore. With this approval, Bitstamp bolsters its global regulatory footprint with a total of 52 licenses and registrations worldwide.

Security 105

Security APACS Regulatory Compliance Compliance 105

Fintech Finance

SEPTEMBER 24, 2024

The solution is compliant with Instant Payment Regulation, supporting payment institutions to match the normative requirements. Moreover, the partnership is poised to foster innovation, strengthen security, and ensure compliance with evolving European regulations, including PSD3 and the Payment Services Regulation (PSR).

Payee 98

Payee Verification IBAN Regulatory Compliance 98

The Fintech Times

NOVEMBER 16, 2024

Ensuring regulatory compliance Regulatory compliance also emerged as a significant challenge, with 60 per cent of participants highlighting the complexities of navigating evolving regulations. Lesser-discussed trends include embedded finance (13 per cent) and sustainable payments (eight per cent).

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

The Fintech Times

JULY 31, 2024

Bringing a close to our monthly ‘fintech for good’ theme and our focus on impact platforms, we finally take a look at regulatory hurdles faced by the fintechs looking to make a positive difference. “Platforms must comply with AML and know-your-customer regulations to prevent illicit activities. .

Compliance 64

Compliance AML Regulations Due Diligence 64

VISTA InfoSec

AUGUST 22, 2023

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. Artificial Intelligence (AI) can also be utilized to ensure compliance and responsible handling of biometric data.

Privacy 130

Privacy Compliance Legal Best Practices 130

The Fintech Times

SEPTEMBER 4, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. We asked industry experts to find out.

Compliance 64

Compliance Rules Regulations Cybersecurity 64

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

Cryptocurrency 139

Cryptocurrency Stablecoins Money Laundering Regulatory Compliance 139

Fintech News

APRIL 16, 2024

But in order to leverage the benefits of gen AI, risk and compliance functions must establish clear guidelines and frameworks that not only address inbound risks from gen AI but which also ensure the responsible usage of gen AI, a new paper by McKinsey says.

Risk Management 112

Risk Management AI Risk Use Case 112

NFCW

JULY 3, 2024

Apparel DPPs are gaining momentum ahead of regulations, especially among sports brands. “Forward-thinking brands will use DPPs to identify supply chain issues, reduce overproduction, verify compliance and authenticity, and create branded resale ecosystems.”

Product 87

Product Regulatory Compliance Compliance Authentication 87