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New Zealand just became the first country to legalize salary payments in cryptocurrencies
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New Zealand just became the first country to legalize salary payments in cryptocurrencies

New Zealand now legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so, according to a Financial Times report. The country requires the preferred cryptocurrency to be pegged to a standard currency and directly convertible into a normal form of payment. This […]

ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
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ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”

Benoît Cœuré, the executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities. He made the remarks on Wednesday, September 25. Cœuré commented that the “global payments system still faces two major challenges: access and […]

Temenos Joins the Corporate Social Responsibility Program at Sibos
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Temenos Joins the Corporate Social Responsibility Program at Sibos

Temenos will showcase a completely zero-waste stand as part of its corporate social responsibility (CSR) program at Sibos. GENEVA, Switzerland – September 19, 2019 – Temenos (SIX: TEMN), the banking software company, today announced that as part of its corporate social responsibility (CSR) program at Sibos, the world’s premier financial […]

Hong Kong, Singapore and Japan have jointly launched the ‘APAC RegTech Network
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Hong Kong, Singapore and Japan have jointly launched the ‘APAC RegTech Network

The regtech committees of the fintech associations of Hong Kong, Singapore and Japan have jointly launched the ‘APAC RegTech Network’, an initiative to enhance cross-border collaboration on regtech education and implementation across the Asia Pacific region. Under the initiative, the regtech committees of the FTAHK (Fintech Association of Hong Kong), […]

Luxembourg regulator highlights hard Brexit implications for UK firms
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Luxembourg regulator highlights hard Brexit implications for UK firms

Luxembourg’s financial regulator has called for UK asset managers to notify it as soon as possible if they want to be able to conclude new contracts in the country following a potential “hard Brexit”. In a press release, CSSF reiterated that, if the UK exits the EU without ratifying a withdrawal […]

5 ways how to resolve the regulatory banking puzzle
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5 ways how to resolve the regulatory banking puzzle

Koen Vanderhoydonk from Blanco, a scaling regtech company founded in The Netherlands shares his insights on the current regulatory challenges in the financial industry and how regtech can help. Following the 2008 financial crisis, the financial sector has experienced an increase in regulation and in the disruptive use of technology […]

Is RegTech encouraging a cloud revolution?
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Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation. However, before this can happen, FIs must identify […]

The ethical use of data for training machine learning technology
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The ethical use of data for training machine learning technology

Adoption of AI technology is accelerating at a rapid rate. Gartner has forecast that by 2020, AI will be a top-five investment priority for more than 30 % of CIOs. A McKinsey study estimates that tech companies are spending somewhere between $20bn and $30bn on AI, mostly in research and […]

ACI Worldwide announces new RegTech tools to comply with upcoming strong customer authentication rules
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ACI Worldwide announces new RegTech tools to comply with upcoming strong customer authentication rules

Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU’s Revised Payment Service Directive (PSD2) snapping into action in September. The new rules will introduce regulations regarding strong customer authentication, or SCA. This means customers will have added […]

Kalyera and Epiphany join forces in new partnership ahead of the September PSD2 deadline
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Kalyera and Epiphany join forces in new partnership ahead of the September PSD2 deadline

The final rules of the EU’s Revised Payment Service Directive (PSD2) snap into action in September. Now Kaleyra, an in-mobile messaging service for banks and companies, and Epiphany, a RegTech startup specializing in PSD2 compliance have joined forces to ensure financial services businesses can comply with the changes. However, the […]