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 116

APACS Regulatory Compliance Cross-Border Payments 116

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 256

Cybersecurity Due Diligence Security Breach 256

The Payments Association

JULY 16, 2024

CEOs discuss top challenges and priorities in a Payments Lab roundtable, focusing on technology, fraud prevention, and regulatory compliance. Read more

Regulatory Compliance 88

Regulatory Compliance Fraud Prevention Compliance Technology 88

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

Open Banking Excellence

SEPTEMBER 25, 2024

As banks adapt to these transformative forces, attendees gain insights into innovative strategies, regulatory compliance, and customer-centric approaches that will define the future of banking. This pivotal event explores how cutting-edge technologies—such as AI, biometrics, and open banking—are reshaping the financial landscape.

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

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.

Web 3.0 124

Web 3.0 Regulations Regulatory Compliance Volume 124

Finovate

AUGUST 26, 2024

Governance, risk, and compliance platform Themis has partnered with regulatory compliance company Sei. The partnership integrates Sei’s marketing compliance engine into Themis’ platform to enable financial institutions to maintain marketing compliance across all channels.

Compliance 111

Compliance AI Regulatory Compliance Consumer Protection 111

Fintech Review

JULY 2, 2024

Furthermore, AI enables proactive risk management by predicting potential compliance issues before they escalate. This predictive capability allows firms to implement preemptive measures, thereby mitigating risks and maintaining regulatory compliance more effectively.

Compliance 98

Compliance Regulatory Compliance AI Interoperability 98

The Payments Association

JUNE 26, 2024

Regulatory compliance, particularly in data protection and consumer rights, remains essential. Exceptional customer service, enhanced by loyalty programs, financial tools, and advanced technologies like AI and biometrics, is vital for building trust and customer satisfaction.

Digital Payments 110

Digital Payments Fraud Detection Regulatory Compliance Encryption 110

Finextra

OCTOBER 28, 2024

The Bank for International Settlements (BIS) along with central banks in Australia, Korea, Malaysia and Singapore have successfully demonstrated the feasibility of embedding regulatory compliance requirements with cross-border financial transactions.

Cross-Border 83

Cross-Border Central Bank Use Case Compliance 83

The Payments Association

MARCH 25, 2024

It is clear, AI has many potential use cases, such as: helping firms scale up their business; making better informed strategic business decisions; and supporting the efficient and effective delivery of regulatory compliance to name just a few potential use cases. Read more

Compliance 88

Compliance AI Regulatory Compliance Technology 88

Finezza

APRIL 9, 2024

It involves due diligence regarding customer background by the lenders, regulatory compliance, and financial processes for the lender. The lending life cycle consists of all activities that begin at the loan application stage and culminate with the final repayment.

Best Practices 89

Best Practices Due Diligence Regulatory Compliance Compliance 89

Finextra

SEPTEMBER 12, 2024

Coincover, the blockchain protection company, today announces partnerships with two of Canada’s leading crypto trading platforms, VirgoCX and Netcoins. The partnerships will aim to provide the best-in-class security for customer assets.

Regulatory Compliance 52

Regulatory Compliance Compliance Blockchain Security 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 121

Regulatory Compliance Participant Advisors Adjustments 121

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 News

FEBRUARY 28, 2024

Regulatory compliance has always been a top priority for us. The HashKey Group, also known for operating one of the two licensed cryptocurrency exchanges in Hong Kong, recently closed its Series A funding round in January 2024, raising nearly US$100 million. This pushed the company’s valuation to over US$1.2

Accreditation 118

Accreditation Regulatory Compliance Settlement Digital Payments 118

Bank Automation

MARCH 26, 2024

This need is amplified by strict regulatory compliance […] In an era where the banking sector is grappling with a growing volume of documents, the need for efficient, accurate, and swift document processing systems has never been more critical.

Process 80

Process Regulatory Compliance SWIFT Volume 80

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 114

Transactions Security Deepfake Travel Rule 114

The Payments Association

NOVEMBER 20, 2024

When Hungary’s largest commercial bank, OTP Group, decided to migrate its payment authorisation system to a new platform, it knew it needed a testing partner capable of going the extra mile.

Regulatory Compliance 88

Regulatory Compliance Breach Payments Compliance 88

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. With this license in hand, XREX Singapore will endeavour to bring blockchain-enabled digital payment currencies to ubiquity.”

Cross-Border 114

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 114

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 114

Stablecoins Acquirers Regulatory Compliance Central Bank 114

Fintech Finance

OCTOBER 7, 2024

Additionally, as organisations prepare for the Bank of England’s SS221 regulation , which takes effect in March 2025, many are facing the challenge of aligning with two significant regulatory frameworks simultaneously.

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

The Payments Association

OCTOBER 24, 2024

provides a robust solution to companies that balance compliance, security, and operational efficiency. Addressing regulatory compliance Businesses, including EMD Agents, face a challenge in cross-border transactions: complying with anti-money laundering (AML) and know-your-customer (KYC) regulations.

Cross-Border Payments 88

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

Fintech News

OCTOBER 28, 2024

This real-time verification process helps prevent errors and strengthens regulatory compliance, particularly in regions like the UK and EU. With payment failures costing the global economy an estimated US$118.5

Cross-Border 97

Cross-Border Payment APIs and Integration Cross-Border Payments Verification 97

Fintech Finance

NOVEMBER 6, 2024

“We are committed to regulatory compliance and providing our clients with advanced solutions to mitigate the risks associated with online transactions. Through a seamless integration with tell.money, Finseta’s clients can now benefit from the robust security features of CoP without the need for additional actions.

Payee 98

Payee Payment Security Security Regulatory Compliance 98

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

PYMNTS

AUGUST 16, 2020

In other news, the Association of Cryptocurrency Enterprises and Start-ups Singapore ( ACCESS ) has rolled out an official Code of Practice, to help standardize the industry and aid players in meeting regulatory compliance, according to a press release.

Digital Currency 134

Digital Currency Bitcoin Money Laundering Regulatory Compliance 134

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.

Bank Card 98

Bank Card Regulatory Compliance Cross-Border Financial Inclusion 98

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

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 109

Financial Crimes Crime Regulatory Compliance Fraud Prevention 109

Fintech News

FEBRUARY 14, 2024

He brings deep expertise in regulatory compliance and outstanding knowledge of the anti-financial crime sector. I’m very proud to be part of their continued growth.” Tobias Schweiger Tobias Schweiger, CEO of Hawk AI said, “I’m very pleased to welcome Robin Lee to Hawk AI. We’re excited to have someone of his caliber onboard.”

APACS 114

APACS AI Financial Crimes Money Laundering 114

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

Fintech News

MARCH 6, 2024

With this approval, Bitstamp bolsters its global regulatory footprint with a total of 52 licenses and registrations worldwide.

Security 108

Security APACS Regulatory Compliance Compliance 108

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.

Cross-Border Payments 93

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

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

Fintech News

MARCH 12, 2024

In a statement, OKX said it will leverage both its global and local expertise to foster transparency and accessibility for its customers, whilst maintaining adherence to regulatory and innovative standards.

Cross-Border 117

Cross-Border Regulatory Compliance Best Practices Cryptocurrency 117

Fintech News

MARCH 26, 2024

The initiative enhances Sumsub’s Travel Rule compliance services for the cryptocurrency sector by addressing the sunrise issue, a significant challenge where counterparties may not be reachable due to varying adherence to Travel Rule requirements across VASPs.

Travel Rule 120

Travel Rule Rules Compliance Transactions 120