Tag: Regtech
Revolut Pursues Own License Instead of US Acquisition Plan
The fintech giant shifts strategy to focus on regulatory compliance in the US market.Highlights: Revolut abandons its plans to acquire a US financial company.The...
Trump Sues JPMorgan for $5 Billion Over Political Debanking Claims
Former President alleges unfair treatment by major banking institution.Highlights: Donald Trump sues JPMorgan for $5 billion over political debanking.Claims the bank treated him unfairly...
MPS Criticizes Regulators for Overlooking Financial AI Risks
Calls for expedited regulatory measures to address emerging AI challenges.Highlights: MPS expresses concern over financial AI risks.Regulators urged to take immediate action.Consumer protection remains...
Regulators Urged to Prioritize Gen AI Threats Over Quantum Computing Risks
Insights on the evolving regulatory landscape in fintech and AI.Highlights: Exchange Association emphasizes urgency on Gen AI regulatory measures.Quantum computing risks deemed less pressing...
Payments Association Urges Bank of England to Accelerate Stablecoin Development
Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of England urged to support fintech innovation.Stablecoins...
Bank Shares Decline Amid Trump’s Proposal to Cap Card Fees
Analyzing the impact of regulatory changes on bank profitability.Highlights: Trump's plan to cap card fees announced, affecting major banks.Bank shares drop significantly following the...