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KARM Legal Releases Report Assessing Regulatory Framework for Virtual Assets

KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts - Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions. 

Friday, March 10, 2023 - 08:53
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Financial IT
Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator

The Independent Community Bankers of America® (ICBA) officially kicked off its application period for the initial 2023 ICBA ThinkTECH Accelerator program, with a focus on deposit gathering and retention, and real-time/instant payment solutions. Interested fintechs are encouraged to apply by March 17.

Friday, March 10, 2023 - 06:34
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Financial IT
Orion Innovation Acquires Banktech Software Services

Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the acquisition of

Friday, March 10, 2023 - 06:28
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Financial IT
Big Tech and Regs: How Banks Must Get Ahead of the Game with Good Governance

The world of banking and finance has changed.

Gone are the bricks-and-mortar standalone businesses that provided the foundation for our society. The global financial crisis of 2007 and 8 showed us just how interconnected and interdependent our banking ecosystem was.

Friday, March 10, 2023 - 06:22
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Financial IT
Aevi Selects OvationCXM to Transform Digital Payment Customer Experience

OvationCXM, a global leader in customer experience management (CXM), today announces that Aevi is expanding into North America and has selected OvationCXM as its CXM provider to elevate the digital payments customer experience. The strategic partnership delivers the ultimate personalized payment merchant experience for wholesale ISOs, ISVs, agent banks and more.

Friday, March 10, 2023 - 06:15
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Financial IT
Fintech Pioneer Railsr Announces Sale to Consortium led by D Squared Capital

Railsr, the embedded finance platform, has today announced that it has been purchased and re-capitalised by a consortium, led by D Squared Capital, and that a change of control has been agreed with the Financial Conduct Authority in the UK. This ensures business continuity for Railsr's customers, and more than five million end-users. Railsr will remain headquartered in the City of London. 

Friday, March 10, 2023 - 06:08
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Financial IT
Panel selects Clausematch for Investment Management Association Engine Innovator Programme

Clausematch, a technology company developing solutions for regulatory compliance, was selected today to join the sixth cohort of the Investment Association (IA) Engine Innovator Programme. The announcement was made at the EmTech Global Conference, held in London earlier Thursday. 

Thursday, March 9, 2023 - 15:05
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Financial IT
Why Only AI and Data Analytics Can Stop Financial Criminals

The first ever piece of anti-money laundering legislation came into effect in 1970 when the US introduced the Bank Secrecy Act (BSA). Since then, financial institutions have been under pressure 

to stop those who aim to benefit financially from wrongdoing.  

Thursday, March 9, 2023 - 14:53
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Financial IT
Sell-side Execution Executives Call for Regulatory Response to Market Data Fees

Senior executives managing execution desks across the sell-side back a regulatory response to halt the increase in market data fees, the latest Acuiti Sell-Side Execution Management Insight Report has found. 

The report, which is based upon a quarterly survey of the Acuiti Sell-Side Execution Expert Network, a group of senior executives from across the globe, found that 47% of the network thought that market data costs were “far too high”, with the remainder saying that they were too high.

Thursday, March 9, 2023 - 14:49
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Financial IT
HMBradley Partners with Thought Machine to Usher in the Future of Banking

HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology. The partnership enables HMBradley to eliminate its waitlist and open new accounts for the first time in over 16 months. HMBradley has also partnered with New York Community Bank, a division of Flagstar Bank, N.A. (“NYCB”), which will maintain the customer deposit accounts.

Thursday, March 9, 2023 - 14:35
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Financial IT

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