The Senior Managers Regime (SMR) has already had a positive impact on the financial services sector, despite making the day-to-day jobs of compliance staff more difficult, according to senior UK financial crime professionals polled by LexisNexis® Risk Solutions. The survey of nearly 200 professionals shows that 71% of respondents believe the SMR has had a positive effect on the industry.

Spire Payments team with Payneteasy to launch innovative integrated mPOS solution. 

DBS, Asia’s leading SME bank[1] , and Xero, a leading global cloud accounting platform, have today launched an API-driven bank feed integration that will transform how mutual customers in Singapore manage their finances.

CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) and Gemini Trust Company, LLC (Gemini) today announced an agreement that provides Chicago Board Options Exchange, Incorporated (CBOE) and its affiliates with an exclusive global license to use Gemini’s bitcoin market data for bitcoin derivatives and indices.

ID Finance, the emerging markets fintech company, has joined forces with former Elbrus Capital fund manager Yuri Popov and asset management company Da Vinci Capital to launch FinTech Credit Fund, a $200m debt finance fund aimed at financial technology companies with a focus on alternative lending.

nCino, the worldwide leader in cloud banking, has announced that Pacific Western Bank, headquartered in Beverly Hills, Calif., is the 100th customer to go live with its Bank Operating System. 

The Monetary Authority of Singapore (MAS) announced today that it will establish a Payments Council, comprising 20 leaders from banks, payment service providers, businesses, and trade associations.

Ms. Aisha Abdul Rahman Al Mahmoud has been appointed as Director of Information Technology Department in QSE in a step emphasizing the keenness to appoint outstanding Qatari competencies and supporting the important role played by Qatari women in the development of the State of Qatar.

The five local polytechnics have partnered with Fidor the leading digital banking group, to launch a FinTech education curriculum that costs close to S$800,000 (about €500,000) to develop and an additional yearly sum of about S$160,000 (€100,000) to run.  This is the first time Fidor has introduced such a programme in the APAC region, with the aim to help boost Singapore’s growth as a FinTech Hub in this region.

Barings, a leading global financial services firm with $288 billion in assets under management, announced today that it acted as mandated lead arranger of a senior secured, multi-currency credit facility to support Battery Ventures' continued buildout of its process-measurement platform through its acquisition of Rotronic AG.