Tag: Regulation
Southeast Asian fintech Salmon acquires controlling stake in Filipino bank
Salmon's Regulatory Approval:
Consumer fintech start-up Salmon has received regulatory approval to acquire a controlling stake in the Rural Bank of Sta. Rosa...
Nubank secures regulatory approval to operate as a financing company in Colombia
Regulatory Approval for Nu Colombia:
Nu Colombia, the Colombian subsidiary of Latin American challenger Nubank, has received regulatory approval from the Financial Superintendence...
Creditspring research reveals BNPL used to afford Christmas
Financial Struggles and BNPL Usage:
23% of young people plan to use Buy Now, Pay Later (BNPL) for Christmas dinner, citing rising costs.
...
Iosco issues DeFi policy recommendations
Iosco Recommendations for DeFi:
Understanding Structures: Iosco emphasizes understanding DeFi arrangements and structures in the decentralized finance sector.
Common Regulatory Standards: The recommendations aim to...
UK’s PSR proposes cross-border interchange fee cap
The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees.
Visa and Mastercard, responsible for 90% of online transactions...
Flutterwave makes several new exec appointments focusing on risk, compliance and partnerships
Global Expansion Focus: African paytech Flutterwave is making strategic hires to support its global expansion.
Executive Appointments:
Amaresh Mohan: Chief Risk Officer, brings 25...