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 3.0 118

Web 3.0 Regulations Regulatory Compliance Volume 118

The Fintech Times

SEPTEMBER 25, 2024

The post Consulting at Davies Reveals a Risk of Complacency in UK Fintechs as Firms Don’t Adopt New Tech appeared first on The Fintech Times. In addition, technological disruption and cybersecurity were highlighted as key challenges for respondents’ companies, by 26 per cent and 38 per cent of firms respectively.

Consulting 64

Consulting Risk Regulatory Compliance Financial Crimes 64

The Fintech Times

OCTOBER 1, 2024

Roger Binks , chief commercial officer at Kani Payments Roger Binks , chief commercial officer at Kani Payments, commented: “The partnership between Kani Payments and Cardaq addresses significant industry challenges, including the implementation of automating reconciliations at pace, effective regulatory compliance, and fee apportioning.

Reconciliation 69

Reconciliation Compliance Automation Regulatory Compliance 69

Finovate

OCTOBER 2, 2024

The new tool supports both buy-side and sell-side strategies while helping firms manage trading volumes and mitigate regulatory compliance risks. The platform facilitates more accessible trading in real-time, while helping mitigate regulatory compliance risk with APIs. ” FIS was founded in 1968.

Regulatory Compliance 59

Regulatory Compliance Payment APIs and Integration Mitigation Risk 59

Finovate

OCTOBER 1, 2024

. “The partnership between Kani Payments and Cardaq addresses significant industry challenges, including the implementation of automating reconciliations at pace, effective regulatory compliance, and fee apportioning. ” The solution, which will initially be available to Cardaq’s U.K.

Acquirers 52

Acquirers Reconciliation Regulatory Compliance Compliance 52

Fintech News

AUGUST 11, 2024

Thailand’s Securities and Exchange Commission (SEC) has officially launched the Digital Asset Regulatory Sandbox to support the development and testing of digital asset services in a real-world environment. The decision to establish the Sandbox was initially approved by the SEC Board in March.

Regulatory Compliance 115

Regulatory Compliance Participant Advisors Adjustments 115

Fintech Finance

SEPTEMBER 24, 2024

Banfico, a leading provider of technological solutions to over 200+ financial entities across multiple markets, brings deep expertise in open data consents, payments, regulatory compliance, identity and access management and API management.

Payee 98

Payee Verification IBAN Regulatory Compliance 98

Fintech Finance

OCTOBER 14, 2024

Tom Scampion, CEO and Co-founder of GSS, said: “GSS is committed to improving regulatory compliance and delivering an enhanced customer experience, which our agreement with Swift puts us in a perfect place to provide.

Cross-Border Payments 91

Cross-Border Payments Cross-Border SWIFT Innovation 91

The Fintech Times

OCTOBER 9, 2024

The IBM Cloud for Financial Services is also designed to help clients as they work to meet their regulatory compliance obligations. Using the platform, firms can manage mission-critical workloads while prioritising resiliency, performance, security and regulatory compliance.

Regulatory Compliance 52

Regulatory Compliance Compliance Addressing Consulting 52

Finovate

OCTOBER 14, 2024

The experts will delve into the transformative potential of AI, including Generative AI, in boosting overall productivity and maintaining regulatory compliance. Photo by Ron Lach The post Finovate Webinar: Innovations in AI-Powered Observability appeared first on Finovate. Why should you attend? Learn more or register today.

AI 52

AI Innovation Regulatory Compliance Compliance 52

The Fintech Times

SEPTEMBER 19, 2024

The post Crypto.com Secures PSP Licence in Bahrain, Expanding Payment Services Across the Region appeared first on The Fintech Times. Noor bint Ali Alkhulaif, welcomed the company’s move, highlighting its role in advancing the Kingdom’s vision of a digital-first economy.

Payment Service Provider (PSP) 100

Payment Service Provider (PSP) Security Regulatory Compliance Payments 100

Fintech News

AUGUST 28, 2024

FlexM’s FaaS platform enables organisations to launch their own branded fintech solutions, particularly in payments, money transfers, and regulatory compliance. ” The post FlexM Gets In-Principle Nod from MAS for Payments License appeared first on Fintech Singapore.

Regulatory Compliance 94

Regulatory Compliance Cross-Border Payments FinTech 94

The Fintech Times

APRIL 8, 2024

While BaaS solutions offer a lot of potential, many have concerns regarding the regulatory compliance of providers and the third parties that use them. To find out more about the regulatory hurdles the BaaS space possesses, we reached out to industry leaders and asked them which regulatory challenges fintechs should be most aware of.

FinTech 116

FinTech Regulatory Compliance BSA Money Laundering 116

The Fintech Times

SEPTEMBER 3, 2024

This month, The Fintech Times is looking 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. The post September at The Fintech Times: Regtech appeared first on The Fintech Times.

FinTech 69

FinTech Regulatory Compliance Compliance Cybersecurity 69

The Fintech Times

SEPTEMBER 9, 2024

“Over the past two years, Tokocrypto has continuously strengthened its commitment to maintaining high standards of regulatory compliance. Regulatory compliance The PFAK license ensures that crypto asset trading on Tokocrypto meets Bappebti’s strict licensing standards, thereby safeguarding investor interests.

Regulatory Compliance 64

Regulatory Compliance Compliance Regulations Continuity 64

The Fintech Times

AUGUST 10, 2024

The collaboration aims to validate Taishin Bank’s AI system – Taishin Brain – ensuring compliance with the Taiwan Financial Supervisory Commission’s (FSC) guidelines for the use of artificial intelligence in the financial industry.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

The Fintech Times

JANUARY 14, 2024

AFC’s diverse members represent a cross-section of responsible fintech companies that embrace transparency and are rooted in regulatory compliance and consumer protection. AFC is committed to supporting its members who believe in regulatory standards that balance access to financial services, innovation, and regulatory compliance.

Regulatory Compliance 64

Regulatory Compliance Consumer Protection Compliance Regulations 64

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. Ripple now has nearly 40 U.S.

Stablecoins 108

Stablecoins Acquirers Regulatory Compliance Central Bank 108

Fintech Finance

SEPTEMBER 19, 2024

The post Crypto.com Receives Payment Service Provider Licence from Central Bank of Bahrain appeared first on FF News | Fintech Finance. The PSP licence will allow Crypto.com to expand its offerings of e-money and fiat-based payment services regionally, including the launch of its world-renowned prepaid cards.

Central Bank 104

Central Bank Service Provider Payment Service Provider (PSP) Regulatory Compliance 104

Fintech News

FEBRUARY 28, 2024

Regulatory compliance has always been a top priority for us. Featured image credit: Edited from Freepik The post HashKey OTC Gets In-Principle Nod for DPT Services in Singapore appeared first on Fintech Singapore. This pushed the company’s valuation to over US$1.2 billion, earning it a unicorn badge.

Accreditation 114

Accreditation Regulatory Compliance Settlement Digital Payments 114

Fintech Finance

JUNE 24, 2024

By embracing cutting-edge technology, the partnership has allowed Mama Money to fast-track innovation in the market while maintaining the highest levels of regulatory compliance. The post Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card appeared first on Fintech Finance.

Bank Card 98

Bank Card Regulatory Compliance Cross-Border Financial Inclusion 98

Fintech News

MAY 12, 2024

.” Wayne Huang Wayne Huang, XREX’s Co-founder and Group CEO said, “The MPI license is a testament to our unwavering commitment to the highest regulatory compliance standards.

Cross-Border 109

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 109

The Fintech Times

JUNE 17, 2024

By expanding access to advanced machine learning at financial institutions, we can help more lenders grow their bottom lines, while ensuring regulatory compliance and driving financial inclusion.” The post Study: Stratyfy’s AI Brings Better Credit Decisions and Increased Borrower Access appeared first on The Fintech Times.

AI 105

AI Regulatory Compliance Financial Inclusion Rules 105

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Featured image credit: Edited from Freepik The post Sumsub Integrates with Chainalysis to Strengthen Crypto Transaction Security appeared first on Fintech Singapore.

Transactions 109

Transactions Security Deepfake Travel Rule 109

Finovate

JULY 1, 2024

Regulatory compliance factors, such as new privacy acts, have also caused conversations around the customer experience to mature. These two factors, however, are contributing to a change in how we discuss customer experience in banking and fintech.

FinTech 73

FinTech Embedded Finance Regulatory Compliance CRM 73

Fintech News

JUNE 11, 2024

Hawk’s explainable AI enables financial institutions to enhance their financial crime detection and prevention capabilities while maintaining regulatory compliance for AML/CFT. Founded in 2018 by finance industry veterans, Hawk has reported rapid global growth and now is said to monitor billions of transactions worldwide.

Financial Crimes 105

Financial Crimes Crime Regulatory Compliance Fraud Prevention 105

Fintech Finance

JANUARY 11, 2024

It explores the challenges faced by financial institutions in correspondent banking relationships, shedding light on regulatory compliance, security concerns, foreign exchange rate risks, and the impact of fintech players entering the field. The post U.S.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

The Fintech Times

AUGUST 2, 2024

This milestone highlights our commitment to regulatory compliance and delivering secure, reliable payment solutions. ” The post Flutterwave’s Expansion into Ghana Bolstered by New Payment Service Licence appeared first on The Fintech Times.

Regulatory Compliance 59

Regulatory Compliance Financial Inclusion Payments Facilitators 59

VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. Learn more here about top investments and explore their cybersecurity measures.

Cybersecurity 215

Cybersecurity Due Diligence Security Risk Management 215

Fintech Review

JANUARY 9, 2024

Prioritize Regulatory Compliance Photo by Sora Shimazaki on Pexels.com For fintech founders, one of the primary areas of focus should be regulatory compliance. Navigating this regulatory landscape can be challenging, but it’s paramount for success.

FinTech 64

FinTech Regulatory Compliance Compliance Regulations 64

Fintech Review

JUNE 12, 2024

These challenges include legacy systems, regulatory compliance, and cultural resistance to change. Regulatory Compliance The insurance industry is heavily regulated, and new technologies must comply with existing regulations. Insurers need to navigate complex regulatory landscapes while implementing innovative solutions.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech Finance

JULY 24, 2024

With new regulation, these methods will help respond in a scalable way. Compliance : Assessing how this function can most effectively grow as PayU GPO continues to scale, and the potential for automation to support with regulatory compliance. Risk : Increaseing oversight of all types of risks and strengthening communication about potential (..)

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

Fintech Review

OCTOBER 1, 2024

These protocols are integral to combating financial crime and ensure regulatory compliance. Digital tools streamline onboarding, cutting time and effort needed for regulatory compliance. They also ensure regulatory compliance and long-term security. This enhances efficiency significantly.

AML 98

AML Verification Research Consumer 98

Neopay

DECEMBER 6, 2023

Skilled person reviews are an integral component of the FCA’s regulatory toolkit, initiated to obtain an independent and expert assessment of a firm’s activities. These reviews play a crucial role in identifying potential risks, ensuring regulatory compliance, and safeguarding the integrity of financial markets.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

The Fintech Times

MARCH 25, 2024

This debate has become more complex and nuanced in the context of open finance, where aligning technology investments with key objectives such as regulatory compliance, secure data management, and enhancing customer interactions takes precedence.

Finance 115

Finance Regulatory Compliance Compliance On-Demand 115

VISTA InfoSec

OCTOBER 20, 2023

Regulatory Compliance : Meets requirements like HIPAA that mandate disaster recovery plans. Impact Analysis: Assess the potential impact on ePHI assets post threat identification, considering downtime, data loss, and financial implications. Hot sites: Have facilities for immediate takeover post-disaster.

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

Fintech News

MARCH 6, 2024

With this approval, Bitstamp bolsters its global regulatory footprint with a total of 52 licenses and registrations worldwide. This supports our compliance-forward proposition and belief in the need for sensible regulation to underpin the next wave of economic value and mainstream adoption.”

Security 102

Security APACS Regulatory Compliance Compliance 102