The Libra Association has kickstarted the licensing process with Swiss FINMA
After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.
Frollo launches new compliance solution for companies struggling with open banking
Australian FinTech company Frollo has launched new product to help businesses comply with new data rules as they embrace open banking.
Why are anti-money laundering practices and background checks so contested among cryptocurrency exchanges?
Customer background checks have again become a hotly debated topic in the cryptocurrency world.
Funding Options adopts open banking solutions even though the industry has far from adopted...
From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.
MAP FinTech launches AI-powered solution to boost anti-money laundering compliance
RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.
The FCA says LIBOR expectations have not changed because of the coronavirus
A global pandemic sweeping over the globe may have caused the UK to shut down everything but the most essential services, but the Financial Conduct Authority (FCA) still plans businesses to stick to the LIBOR shutdown timetable.
Swedbank’s leadership ignored money laundering risks as suspicious transactions worth €37bn flowed through the...
Beleaguered lender Swedbank has responded to a damaging report revealing that more than €37bn worth of suspicious transactions flowed through the bank between 2014 and 2019.
Arctic Intelligence named the Australian-founded RegTech of the Year and RegTech Exporter of the...
The awards are coming fast now for Arctic Intelligence. The Aussie scaleup just picked up two awards at The RegTech Association’s annual awards ceremony shortly after being recognised as a Rising Star in Deloitte’s Technology Fast50 late last year.
How Malta is cleaning up its act when it comes to money laundering
From implementing European legislation to doing more to unearth suspicious transactions, Malta is trying to wash away its reputation of having a problem with money laundering.
Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US sanctions on Iran
Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.
