EU calls for ideas on CBDC legislation challenges
The European Commission has issued a ‘call for ideas’ to help inform rule makers around the legislative roadblocks of a digital euro.
LSEG acquires Global Data Consortium to expand digital identity offering
The London Stock Exchange Group (LSEG) has agreed to acquire Global Data Consortium for an undisclosed fee.
FCA enables small number of crypto firms to trade after registration deadline
The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.
China to widen digital yuan trials across more cities nationwide
The People’s Bank of China (PBOC) is set to expand a pilot of a digital yuan across a range of new locations following the success of the initial program.
UK parliamentary group calls on regulators to adapt to new working practices
A survey by the APPG on Challenger Banks and Building Societies has found the pandemic has directly driven the digital transition in banking services and working practices.
How Cognitive View champions a customer-centric culture to prevent misconduct
In order to successfully prevent misconduct and manage risk, companies must foster a customer-centric culture across their teams, and this should work in harmony with the use of AI and automation. This is the basis of Cognitive View’s mission.
Why Lucinity is on a mission to Make Money Good
As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.
EU Parliament votes to introduce KYC on private crypto wallets
The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.
Antimatter breaks out of stealth with $12m Series A
Antimatter, a startup specialising in data security for SaaS applications, has come out of a period of stealth to raise a $12m Series A.
Why KYB is vital for corporate onboarding
Managing any financial services company can be fraught with risk. Many FIs require close to constant risk analysis to make sure the company is remaining compliant and proper, as well as looking out for being targeted by criminals.