The World’s First Green Fintech Taxonomy Launched by GDFA
- 2 years 12 months ago
- Regulatory Standards, Tax Authorities
Today at the Building Bridges Summit in Geneva the Green Digital Finance Alliance and the Swiss Green Fintech network launches the world’s first green fintech taxonomy. The report entitled “A Green Fintech Taxonomy and Data Landscaping” invites feedback on the taxonomy with the aim of arriving at a final taxonomy in the first quarter of 2022.
Reuters Next Returns With Over 150 World Leaders to Discuss the Most Critical Issues of Our Age
- 3 years 3 days ago
- Trade Finance, Compliance, Regulatory Standards
The United States Secretary of the Treasury Janet L. Yellen, multiple award-winning musician and co-founder of CHIC Nile Rodgers, and Director-General of the World Trade Organization Ngozi Okonjo-Iweala were today announced as the latest headline speakers at Reuters NEXT.
Six out of 10 Leading Banks in Oman Go Live with SunTec’s GCC VAT Solution for Comprehensive and Continuous Compliance with VAT Regulations
- 3 years 2 months ago
- Compliance, Regulatory Standards, IT Innovations
India-based SunTec Business Solutions, the world’s #1 relationship-based pricing and billing company, today announced a major milestone in Oman, with six of the 10 local banks in the country going live with SunTec’s GCC VAT Compliance Solution. Oman implemented a nationwide VAT regime on April 16, 2021, in line with the transition to VAT across all GCC countries.
Cabital Picks Sumsub to Verify European Crypto Investors in Just 2 Minutes
- 3 years 2 months ago
- Cryptocurrencies, Compliance, Regulatory Standards, AML and KYC
Cabital, a new wealth management platform that offers crypto-based savings products, has chosen Sumsub’s all-in-one KYC/AML toolkit. This integration aims to conduct secure checks of potential crypto investors in just 2 minutes—all while ensuring 100% compliance with Europe’s strictest demands.
AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year
- 4 years 3 months ago
- Compliance, Regulatory Standards, AML and KYC
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties have totaled $5.6 billion for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC), and sanctions regulations.
Lanistar chooses W2 to power its new banking alternative
- 4 years 3 months ago
- Banking, Compliance, Regulatory Standards
W2 partners with Lanistar, ahead of its polymorphic debit card launch that will revolutionise how customers manage their money. W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Lanistar, to help power its new hassle-free banking alternative. The company will use polymorphic technology to provide a customer-focused alternative to traditional banking services... more
Huobi Tech’s (1611.HK) Asset Management Subsidiary obtained SFC Type 4 and Type 9 licenses
- 4 years 3 months ago
- Securities Services, Asset Management, Regulatory Standards
Huobi Asset Management (Hong Kong) Limited (the “Company”), the wholly-owned asset management subsidiary of Huobi Technology Holdings Limited (1611.HK), is pleased to announce that it was granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (the “SFC”) on 31 July 2020 to conduct the respective regulated activities.
Finch Global launches fintech digital passport to make compliance checks smoother for businesses
- 4 years 4 months ago
- Compliance, Regulatory Standards, AML and KYC
As financial institutions and organisations come to terms with the challenges of the post-Covid-19 world it is obvious that regulated businesses urgently need a new, more efficient, fast and secure way to onboard new customers and re-energize their existing customer base. They also need to add value to their existing customer relationships. Finch Global aims to do just that by creating a shared service that makes it easier to take out financial... more
EQ launches new automated complaints product for the financial services industry
- 4 years 4 months ago
- Compliance, Regulatory Standards
EQ (Equiniti), the international technology-led services and payments specialist, is delighted to announce that it is launching a new automated complaints management product for the financial services industry – EQ Complaints Professional. EQ Complaints Professional is a powerful complaints solution that will enable firms to enforce their FCA compliance immediately and on a continual basis as regulation evolves.
FSS Technologies signs Emrys La Carte for Issuance Processing Service
- 4 years 5 months ago
- Banking, Cloud, Compliance, Regulatory Standards
FSS Technologies (Financial Software and Systems), a global digital payment and financial technology company, announced today that Emrys La Carte, one of France’s leading consumer cooperatives has engaged with FSS to provide a hosted card issuance service. The Card Management Platform runs on FSSNeT, FSS’secure private cloud. The managed services model drives operational efficiencies, with dedicated cross-functional teams assuming responsibility... more
The Global Legal Entity Identifier Foundation opens North America office
- 4 years 5 months ago
- Regulatory Standards, Data
The Global Legal Entity Identifier Foundation (GLEIF), has opened an office in North America to extend its global reach. Established by the Financial Stability Board in 2014 and headquartered in Switzerland, GLEIF supports the implementation and use of the Legal Entity Identifier (LEI) to drive transparency within global financial markets. The new office is located in New Jersey, in close proximity to America’s financial capital, and supports... more
Meritsoft and Taskize collaborate on Enhanced CSDR Solution
- 4 years 5 months ago
- Compliance, Regulatory Standards
Meritsoft, a Cognizant company, and Taskize, a Euroclear company, are integrating their automated fails operational workload offering and global operational task management solutions to provide an end-to-end Central Securities Depositories Regulation (CSDR) management solution. Together, Meritsoft’s FINBOS CSDR Manager and Taskize Connect deliver a comprehensive real-time platform for clients and their customers. Clients will benefit from the... more
Caixa Geral de Depósitos selects Finastra to transform treasury and capital markets business
- 4 years 5 months ago
- Treasury, Banking, Regulatory Standards, Risk Management
Caixa Geral de Depósitos, the largest commercial bank in Portugal, has chosen Finastra to power its end-to-end treasury and capital markets business. It has selected Fusion Kondor, Fusion Risk and Regulatory Reporting as a Service to support this front-to-back-to-risk transformation. The bank’s users will have access to automated and standardized interfaces which will improve day-to-day operations and will benefit from an enhanced user... more
IDnow launches free regulatory information service "KYC Insider”
- 4 years 5 months ago
- Digital Identity, Regulatory Standards, AML and KYC
IDnow a leading provider of Identity Verification-as-a-Service solutions and regulatory expert presents
Wolters Kluwer Updates OneSumX for Regulatory Reporting and Signs ING in China
- 4 years 5 months ago
- Regulatory Standards, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has released an update for its OneSumX for Regulatory Reporting solution to allow clients to meet the Second-Generation People’s Bank of China Enterprise Credit Reference Submission.
