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Tag: Regtech

Bank of England Invites Business Feedback on Digital Pound Development

Engagement from businesses is crucial for shaping the future digital currency. Highlights: Bank of England calls for business input on...

OBL Reports Surge in App Fraud Targeting Open Banking Payments

Understanding the impact of app fraud on the fintech landscape. Highlights: OBL identifies a concerning increase in app fraud cases.The...

FCA Launches Firm Checker Tool to Combat Financial Crime

Innovative software aids in financial crime prevention for firms. Highlights: FCA introduces Firm Checker tool for UK financial firms.Aims to...

Banks Must Update IT Systems for New Customer Vulnerability Standards

Enhancing consumer safety by ensuring compliance with updated regulations. Highlights: New customer vulnerability standards now demand updated IT systems in...

Ransomware Payments Surge by 77% in 2023 Before Declining in 2024

FinCEN reports a dramatic rise in ransomware payments, impacting industry stakeholders. Highlights: Ransomware payments increased by 77% in 2023, according...

Europol Disrupts €700M Cryptocurrency Fraud Network: Implications and Insights

Analysis of Europol's significant action against crypto fraud. Highlights: Europol dismantled a €700 million cryptocurrency fraud ring.The operation involved multiple...

Scottish Widows Trials AI for Enhanced Marketing Compliance

Exploring AI's role in ensuring marketing regulations are met effectively. Highlights: Scottish Widows is testing AI for marketing compliance.The initiative...

FCA Begins Live Testing of AI Applications for Banking Efficiency

Exploring AI's role in revolutionizing the UK banking sector. Highlights: FCA initiates live testing for AI in banking operations.Focus on...

FCA Introduces Stablecoin Cohort in Regulatory Sandbox to Boost Fintech Innovation

New stablecoin initiatives aim to enhance regulatory frameworks and innovation. Highlights: FCA adds stablecoin projects to its regulatory sandbox.Targeting innovation...

Revolut Centralizes Regulatory Reporting and Risk Management with Nasdaq AxiomSL

New partnership aims to streamline compliance and enhance risk analytics. Highlights: Revolut partners with Nasdaq AxiomSL for compliance.Centralizes regulatory reporting...

NextGen Nordics 2026: Shaping the Future of Money in Stockholm

Explore innovative financial solutions and trends at this key Nordic event. Highlights: Discover cutting-edge financial technologies at NextGen Nordics 2026.Network...

Top Tech Suppliers to Banks Under Regulatory Scrutiny

Key players in financial technology face new oversight requirements. Highlights: Thirteen major tech suppliers to banks identified for regulatory oversight.The...