Tag: Regulation
MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”
Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum computing threats in financial services:
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Banking Tech Awards 2024 nominations deadline extended to 6 September
Extended Nomination Deadline:
The deadline for nominations has been extended to 6 September 2024 to accommodate delays due to summer holidays.
Event Details:
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Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:
Objective:
The Bank of England (BoE) has released a discussion paper to seek feedback on...
Coinbase’s CB Payments unit fined £3.5m by FCA
FCA Fines Coinbase’s CB Payments Ltd (CBPL)
Key Points:
Fine Imposed:
Amount: £3,503,546 million.
Reason: Alleged breaches of a requirement preventing CBPL from offering services...
Corlytics hires new CTO, chief data officer and chief tech architect
Corlytics Leadership Reshuffle
New Leadership Appointments:
Steve Barnes - Group Chief Technology Officer (CTO)
Role: Drive advanced technology solutions, maintain security standards
Experience: Over 20...
FCA issues new guidelines to ensure cash access for consumers and small enterprises
Key Points:
Objective:
Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts.
Implementation Date:
New guidelines take...