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.
Allevo teams up with WSO2 to provide PSD2 compliant open banking solution
Financial software provider Allevo and open source integration vendor WSO2 have partnered up to deliver an open banking solution in Romania.
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
Southeast Asia may be seeing high adoption of online services, they lack behind in...
Southeast Asia is the region with the highest growing adoption rate for internet users, and yet it has a lack of cybersecurity specialists.
Reserve bank of India pushes back KYC deadline, again
The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.
swIDch launches its services into North America
swIDch has launched its authentication solutions, which are designed for banks and financial institutions, into the US market.
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.
This is what RegTech clients get wrong about KYC solutions
Laws are complicated and know-your-customer regulations are no exception. So it is unsurprising some RegTech providers’ clients may struggle with getting KYC right.
KYC is...
North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler
Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it.
