What role has regulation played in Africa’s FinTech story?
Africa’s FinTech sector is on the rise. Have regulations helped or challenge the rise?
New innovations and an expanding mobile market has created the perfect...
Puerto Rican challenger bank Zenus Bank pics NICE Actimize for its AML protection
Zenus Bank is a new neobank based in Puerto Rico. In preparation of its planned fourth quarter launch, it has now tapped RegTech company NICE Actimize for its autonomous financial crime management.
AUSTRAC’s latest fine “is a timely reminder” the authorities’ attitude towards the financial sector...
The Australian authority fighting financial crimes, money laundering and terrorism has issued an AUS$252,000 infringement notice against Compass, the foreign exchange company.
Why do businesses fail to comply with MiFID II?
The EU’s Markets in Financial Instruments Directive (MiFID II) is a complicated piece of legislation. Still, no business can afford to get it wrong.
RDC launches new AI-powered tool to boost compliance
Regulatory DataCorp, or RDC, has just unveiled AI Review, an artificial intelligence-backed compliance screening solution.
U.S. Treasury warns Facebook’s Libra that it must face tough AML and anti-terrorism funding...
Facebook’s cryptocurrency project has already faced a lot of concerns from lawmakers. Now, the U.S. Treasury warns the social media giant that it must conform with American regulations to trade in the US.
Elliptic collects $23m in Series B led by SBI Group to support Asian expansion
Elliptic, a crypto-asset risk management platform, has collected $23m in its Series B round led by SBI Group.
Tech Nation unveils the 23 startups joining its second FinTech growth programme
From SME finance and RegTech solutions to payments and impact retail investment, the 23 startups selected to take part of the second instalment of...
How pay-access apps can ensure compliance as US regulators crack down on the sector
Regulators across several US states are scrutinizing apps that enable employees to access salaries before their pay days.
HKMA commended on its AML and CTF processes by global standard-setter
Hong Kong Monetary Authority (HKMA) and the country’s banking sector commended on its AML and terrorist financing risks protocols by task force.
