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 57

Fraud Prevention Compliance Regulatory Compliance AI 57

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 101

Instant Payments ISO 20022 Regulations Fraud Detection 101

Fintech News

SEPTEMBER 9, 2024

Yudhono Rawis Yudhono Rawis, CEO of Tokocrypto, added, “Over the past two years, Tokocrypto has continuously strengthened its commitment to maintaining high standards of regulatory compliance. ” In December 2022, Binance had acquired Tokocrypto and conducted mass layoffs with approximately 58% of its workforce being let go.

Web 3.0 111

Web 3.0 Regulations Regulatory Compliance Volume 111

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 117

Cybersecurity Compliance AI Privacy 117

Fintech Review

NOVEMBER 6, 2024

Dubai, UAE, November 6th, 2024, FinanceWire 1inch is pleased to announce the appointment of Hedi Navazan as 1inch Group’s new Chief Compliance Officer. A strong foundation begins with a culture of security, compliance and a dedication to doing things the right way. Contact PR lead Pavel Kruglov 1inch Labs p.kruglov@1inch.io

Compliance 52

Compliance Financial Crimes Regulatory Compliance Crime 52

Fraud.net

NOVEMBER 24, 2023

Find out what regulations apply to AML in banks and how you can remain compliant. In this digital age, anti-money laundering is challenging.

Regulatory Compliance 52

Regulatory Compliance AML Money Laundering Compliance 52

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Regulatory Compliance 89

Regulatory Compliance Compliance Correspondent Bank Correspondent 89

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

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

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

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 105

Compliance Audit Risk Assessment Assessments 105

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 70

Compliance FinTech Reconciliation Audit 70

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 91

Compliance Verification Database Privacy 91

Innovative Payments Association

AUGUST 29, 2024

However, one major challenge that cannabis businesses face is banking compliance. To navigate the complex world of cannabis banking compliance, businesses must develop a strong compliance program. This includes assessing the risk of money laundering, financial crime, and regulatory violations.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

Finovate

JUNE 20, 2024

The rapid evolution of technology turned regulatory compliance into a daunting frontier. Misra , who sits at the forefront of this arena, is a pioneer in using LLMs to do the heavy lifting when it comes to compliance. Priya V Misra : EKAI is the first AI compliance ‘co-worker’ for risk and finance professionals.

Compliance 52

Compliance Regulatory Compliance Regulations AI 52

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 62

Compliance Rules Regulations Cybersecurity 62

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 102

APACS Regulations Cross-Border Cross-Border Payments 102

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 98

Compliance AML Money Laundering Regulatory Compliance 98

The Paypers

MAY 6, 2024

Droit , a technology firm specialising in computational law and regulation, has partnered with FINBOURNE Technology , a cloud-based investment data management software, to introduce an innovative end-to-end position reporting solution.

Regulatory Compliance 36

Regulatory Compliance Compliance Laws Regulations 36

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 62

Compliance AML Regulations Due Diligence 62

The Fintech Times

SEPTEMBER 17, 2024

As Moldova transposes the European 2nd Payment Services Directive (PSD2) into its legislation, Victoriabank, a Moldovan bank and member of the Romanian financial group – Banca Transilvania , has partnered with open banking solutions provider, Salt Edge, to ensure compliance.

Compliance 57

Compliance Regulatory Compliance Laws Innovation 57

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 99

APACS Regulatory Compliance Cross-Border Payments 99

The Fintech Times

OCTOBER 28, 2024

As much as 98 per cent of businesses ‘grossly misjudge’ levels of customer drop-off when opening an account; according to FullCircl , the UK-based regtech uniquely positioned at the intersection of revenue and regulation, in its newly launched ‘State of Identity Verification’ report.

Regulatory Compliance 62

Regulatory Compliance Verification Compliance Regulations 62

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 83

Regulatory Compliance Payment APIs and Integration Fraud Prevention Cross-Border Payments 83

VISTA InfoSec

MARCH 28, 2024

Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers. Regulatory Compliance Compliance not only helps protect your customers’ data but also shields your business from potential fines and legal challenges.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

PYMNTS

NOVEMBER 26, 2019

Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. But financial regulatory compliance can be a headache for any market. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Resuming Operations.

Compliance 73

Compliance Regulations FinTech Cross-Border Payments 73

The Fintech Times

AUGUST 13, 2024

PwC UK , the professional services leader, is joining forces with Cockroach Labs , a cloud-native SQL database provider for modern cloud applications, in a move to reduce the risks, costs, and complexity of regulatory compliance and mainframe modernisation.

Compliance 62

Compliance Risk Database Due Diligence 62

The Fintech Times

SEPTEMBER 14, 2024

2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. Having already explored compliance challenges, penalties and solutions, we now turn our attention to the technology of the moment: AI.

Compliance 67

Compliance AI Process Suspicious Activity Report (SAR) 67

Finovate

JULY 30, 2024

Texas-based Vantage Bank announced this week it has tapped financial risk control platform Cable to facilitate the bank’s compliance and risk management program. This partnership comes as Vantage Bank seeks to grow its fintech program and partnerships in today’s tightened regulatory environment. ” U.K.-based

Compliance 52

Compliance Risk Management Regulatory Compliance Financial Crimes 52

Neopay

AUGUST 5, 2024

Effective safeguarding training covers the policies, procedures, and regulations that must be adhered to in order to minimise risks and maintain compliance with regulatory standards. They should be equipped to challenge and assess new data, policies, or frameworks for compliance.

Compliance 52

Compliance Procedures Audit Risk Management 52

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

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 Review

NOVEMBER 12, 2024

White Labeling and Co-Branding In a white-label model, fintechs provide the technology and expertise, while banks manage regulatory compliance and branding. Banks benefit from fintechs’ innovative credit-scoring algorithms, while fintechs leverage banks’ capital reserves and regulatory compliance expertise.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. The first, unsurprisingly, is regulation.

Regulatory Compliance 58

Regulatory Compliance Compliance On-Demand Regulations 58

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

Finextra

JULY 8, 2024

At EBAday 2024, Erik Alstromer, Head of Product Europe and New Markets, Form3, comments on how financial institutions spend the majority of their time and resource on regulatory compliance and keeping up with their competitors.

Innovation 52

Innovation Regulatory Compliance Regulations Compliance 52

The Payments Association

NOVEMBER 11, 2024

In the fast-paced world of business, managing international payments, taxes, and regulatory compliance can become overwhelming. A Merchant of Record (MoR) is a legal entity responsible for processing payments and managing the associated liabilities, including taxes, compliance, and chargebacks.

Global Payments 88

Global Payments Compliance International Payments Disputes 88