Sat.Sep 14, 2024

article thumbnail

Using AI to Streamline Compliance Processes: The Future or Could Too Much go Wrong?

The Fintech Times

2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. 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.

article thumbnail

Smarter Contracts Approved to Drive Data Governance with EU Intermediary Licence

The Fintech Times

The European Commission has approved Smarter Contracts to operate as a licensed data intermediary service provider across the European Union. This licence lets the company facilitate secure and compliant data exchanges between individuals and organisations, utilising its Pulse Permissions Protocol®, which is currently patent-pending. The European Data Governance Act (DGA), introduced in September 2023, establishes data intermediaries to create a regulatory framework that encourages trust in data

article thumbnail

Taiwan’s Fintech Push: Harnessing Innovation and Expanding Global Ties

The Fintech Times

Known for its technological advancements and industrial growth, Taiwan has also emerged as a notable player in the fintech sector. With a strong foundation in semiconductors and information technology, alongside government initiatives and a developing fintech ecosystem, Taiwan is steadily integrating digital innovation into its financial services. Taiwan, along with South Korea, Hong Kong SAR, and Singapore, forms the group known as the ‘Four Asian Tigers,’ renowned for their rapid