4231 Results from /regulation
Pooja Golakonda Lead Consultant at Edgeverve
Generations over a period of time moved from a metallic currency to coins and then to paper notes which ultimately got legalized in the form of Cash (i.e. Govt printed bank notes) issued by the Central banks of the respective countries. That was continuing till this age and a breakthrough was brought in the form of bitcoins and Distributed ledger ...
24 March 2022 /regulation /wholesale Banking Strategy, Digital and Transformation
Emily Harris Head of Compliance at Fiat Republic
At Fiat Republic, we are committed to helping the cryptocurrency industry navigate fast-changing financial regulations. Our crypto consortium is directly tied to this vision; it will represent responsible crypto providers, who will be encouraged and incentivised to stick to a single, predictable standard of compliance and transaction monitoring. T...
24 March 2022 /regulation /crypto Financial Services Regulation
Seb Wallace Investment Director at Triple Point Ventures
Open Banking is a flop, it’s too costly, “clunky”, and businesses struggle to make money from it. That was the view of Anne Boden, CEO of Starling Bank, speaking to MPs on the Treasury Committee in October 2021. But, there's increasing evidence that her view is untrue or, at least, incomplete. While it’s true that there are hurdles to overcome in t...
23 March 2022 /regulation /startups Open Banking
Retired Member
As top policymakers continue ringing alarm bells about Russian entities attempting to dodge sanctions with cryptocurrencies, it is pertinent for the crypto industry to stay in line with the latest regulatory developments in order to ensure that the sector does not breach any applicable sanctions regulations, which would only invite potentially he...
21 March 2022 /regulation /crypto Cryptocurrency Insights
Nick Green Director at Purple Patch Broking Ltd
Access to high quality data is a must within the credit industry. Not only does it ensure scorecard improvement for credit firms, it also enables fair and transparent credit decisions for consumers too. However, there is currently a lack of objective, evidence-based insight into the data provided by each Bureau, how they measure up against each ot...
17 March 2022 /regulation /retail Financial Supply Chain
Following the start of the Ukrainian crisis, the FCA sent letters to all UK financial institutions, warning them the new Economic Bill will be fast-tracked. This bill includes a new register meaning foreign owners of UK property must declare and verify their identities with Companies House. The aim is to stop overseas criminals and oligarchs from ...
17 March 2022 /regulation /crime Banking Regulations
Shane Rodgers CEO at PDX Coin
The crypto market is shooting itself in the foot. Every day, millions of investors interact in good faith with crypto exchanges and market tracking sites but are stymied and even abused by those very same organizations who take their money. Unreliable data, usurious fees, and poor service have resulted in investor distrust and cynicism. But there ...
15 March 2022 /regulation /crypto Cryptocurrency Insights
In 2020, the value of buy-now-pay-later (BNPL) transactions reached £6.4 billion (a 60-70% growth on the previous year). BNPL offerings appeal to both merchants and shoppers so this growth is expected to continue. With the offer of interest-free monthly payment terms, consumers prefer this method of payment to credit cards. However, concerns from...
15 March 2022 /regulation /retail BNPL
Amir Tabakovic Co-Chair of AI and Data Privacy Expert Group at Mobey Forum
Those who closely follow the digital trends impacting financial services will surely remember that, not so long ago, cloud technology and artificial intelligence (AI) were widely touted as the technologies that would protect banks against the rising tide of fintechs, big techs, and the evolving expectations of customers. Several big promises were ...
14 March 2022 /payments /regulation Artificial Intelligence and Financial Services
Uldis Teraudkalns CEO at Nexpay
Compliance remains a huge headache for crypto operators and buyers. We simply have to get to grips with it in 2022. The picture was not pretty in 2021. Binance, the world’s biggest cryptocurrency exchange, was investigated by the U.S. Justice Department and Internal Revenue Service, trying to get to grips with potential money laundering. Authoritie...
09 March 2022 /regulation /crypto
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.