Tag: Regulation
Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms
Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility.
Fintech repository to capture essential information...
Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs
Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...
Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering
Elemi Bank, a new US banking challenger, is progressing towards launch with a recent filing with the FDIC.
Based in Burbank, California, Elemi...
US OCC highlights key risks to federal banking system in latest report
AI Risks WarningThe OCC's Fall 2023 report warns banks of "significant challenges" due to the rise of artificial intelligence (AI) in financial...
UK regulators issue joint proposals to tackle risk of financial instability posed by CTP dependency
UK regulators (Bank of England, PRA, FCA) collaborate on proposals
Legislative proposals target potential financial instability from relationships with critical third parties (CTPs)
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French business banking firm Qonto taps Fourthline for onboarding tech
Qonto, a French business banking fintech, partners with Fourthline's onboarding technology.
Fourthline, a Dutch compliance regtech founded in 2017, facilitates automatic KYC and...