About Salt Edge

The much anticipated data privacy regulation GDPR hit businesses back in 2018, and ever since there has been a constant growth in the quantity of data breaches reported, at the same time an increase in customer complaints. The magnitude of recent intent of fines on large multinational corporations, such as British Airways’ colossal £183 million fine after half a million customers had their data stolen,[1] has highlighted just how critical GDPR compliance is for businesses.

BNY Mellon, a global leader in investment management and investment services, is reaffirming its commitment to being a leader in Singapore's vibrant and emerging fintech and innovative technology environment. The company, which established a Singapore presence in 1974, has continued to grow its influence in the region – including the opening of its Singapore Innovation Center in 2016. BNY Mellon is today announcing a number of new initiatives to further embed BNY Mellon into the fabric of Singapore's digital and financial ecosystem.

Wirecard, the global innovation leader for digital financial technology, is once again demonstrating its pioneering spirit by forming a strategic partnership with mobility visionary Rinspeed together with other companies such as SAP, DEKRA, Zurich Insurance and Osram. Wirecard is the payment partner within the cooperation and actively shaping the future of mobility.

There is a funny sense of déjà vu when it comes to the latest twist in the Brexit saga. The trouble is that whenever the can gets kicked down the road, market participants put Brexit to one side and allocate IT, process management and compliance resources elsewhere.

Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it now offers crypto compliance and investigations solutions through a collaboration with blockchain analytics firm Coinfirm. Together, the companies will bring new anti-money laundering (AML) compliance, investigations and security solutions to the cryptocurrency and blockchain technology market.

Corlytics, the global leader in regulatory risk rating has appointed Stacey English to its executive team as Chief Digital Officer.  Stacey will lead Corlytics’ digital content, distribution and marketing strategy.  She will also manage key customer and partnership relationships.

Trayport Limited (Trayport), a wholly owned subsidiary of TMX Group, and Nodal Exchange, a Washington D.C.-based derivatives exchange serving North American commodities markets, today announced an agreement to offer Trayport’s core trading screen, Joule, to trading participants of Nodal Exchange.

Koine was granted authorisation for the issuance of electronic money (EMI Licence) by the Financial Conduct Authority (FCA).

Koine selected the UK as its jurisdiction of preference to start its regulatory journey. Koine is also in the process of applying for a number of authorisations in other major financial services locations.

Bank branch closures no longer come as a surprise. In fact, Which? reports that more than a third of bank branches have closed in the last five years, with Wales losing more than 40% of its branches over the same period.