The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. From being one of the strongest markets in South Asia, it has since fallen from grace. Could fintech be the catalyst it needs to see a revival? Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts.

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

The Fintech Times

NOVEMBER 9, 2024

Online cash advance app, Dave is feeling the heat from the Federal Trade Commission (FTC) as the regulator has taken action against it for misleading marketing. According to Samuel Levine , director of the FTC’s Bureau of Consumer Protection: “Dave lured in consumers living paycheck-to-paycheck with false claims of big-dollar advances, then reached into their pockets to give itself a so-called ‘tip’.

FTC 64

FTC Consumer Federal Trade Commission Scams 64

The Fintech Times

NOVEMBER 9, 2024

Regulatory scrutiny is constantly on the rise, and as it does, the regulatory landscape is becoming increasingly fragmented. This presents a huge challenge for even the largest financial institutions and is potentially hugely damaging for many smaller fintechs. Sarah Sinclair , CEO of regulatory consultancy Change Gap , sat down with journalist Tom Bleach , to discuss the challenges fintech companies face when trying to stay compliant within this fragmented regulatory landscape, and how the firm

Consulting 59

Consulting Regulations Compliance Crime 59

The Fintech Times

NOVEMBER 9, 2024

With Donald Trump re-elected as President of the US, securing 295 electoral votes following a tough campaign against the Democrat’s Kamala Harris, the focus now shifts to how his administration may shape the fintech sector in the coming years. Although fintech did not feature prominently in the presidential debates, the differing regulatory approaches of Trump and Harris could significantly influence the industry’s development.

FinTech 59

FinTech Bitcoin Digital Currency Cryptocurrency 59

Speaker: Becky Parisotto

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