Finastra releases new reporting tool for SFTR
Finastra has released a new reporting tool tailored specifically for Securities Financing Transaction Regulation (SFTR).
SmartRIA acquires Greytwist Data Governance
Wealth management compliance platform SmartRIA has acquired Greytwist Data Governance for an undisclosed amount.
CaixaBank deploys quantum algorithm to streamline risk analysis
Spain’s CaixaBank has deployed a quantum computing algorithm to assess the capital at risk for financial assets such as mortgage and treasury bill portfolios.
American regulators are cracking down on pay-access apps
Regulators in California, New York and several other US states have launched investigations into new FinTech apps empowering employees to access payment early.
Shield opens London office to show commitment to UK post Brexit
Shield, an autonomous compliance hub, has opened a London office as demand for its platform by financial institutions in the country increases.
The platform launched...
ECB warned Facebook’s Libra cryptocurrency could undermine its ability to set monetary policy
Yves Mersch, a board member of the European Central Bank, has called for Europe to ignore the “treacherous promises” of Facebook’s cryptocurrency Libra.
Inter-ministerial committee suggests new Indian FinTech legal framework
A committee on FinTech headed by India’s economic affairs secretary has submitted a comprehensive legal framework about how the sector should be regulated in the future.
ESMA offers final guidance for liquidity stress tests of investment funds
The European Securities and Markets Authority (ESMA) has released the final guidance for liquidity stress tests of investment funds.
UN official says cryptocurrencies make it harder to combat child slavery, terror financing and...
Cryptocurrencies are making it more difficult for law enforcement to prosecute criminals guilty of cyber crime, terror financing, money laundering and abuse of children, according to a United Nations official.
Nevada regulators are trying to reel in unlicensed cryptocurrency ATMs
The US state Nevada has seen a rise of cryptocurrency ATMs. Now, the Nevada Financial Institutions Division (NFID) has decided how to regulate them.
