VersiFi hires two senior execs from Hazeltree to boost tech and infrastructure development
Sol Zlotchenko and Daniel Zayfman join VersiFi as CPTO and CISO, respectively.
Sol Zlotchenko and Daniel Zayfman join VersiFi as CPTO and CISO, respectively.
The regulators are accepting feedback and expect to publish final requirements by H2 2024.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FINTRAC says it uncovered three administrative violations by RBC during an examination last year.
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
The watchdog says more than 5,000 of Intesa Sanpaolo’s own customers sought its intervention.
The European Parliament approved final implementation deadlines for SEPA instant payments on 7 November.
The industry will also make an AUD 100 million investment towards a new confirmation of payee solution.
Worldline had previously been operating under the FCA’s Temporary Permission Regime, which will end on 30 December.
The fine relates to alleged AML failings over a period between 2021 and 2022.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Binance has agreed to pay $4.3bn in “one of the largest corporate penalties in US history”.
Blacksmith claims to have specifically tailored the platform for SEB following a year-long pilot project.
The bank was flagged by the OCC last year for “unsafe or unsound” practices concerning its BaaS business.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Its position on the watchlist was revealed last week via the release of a 217-page dossier outlining a rescue deal for the bank.
Data-driven study into verification practices among crypto businesses: checks, budgets, pass rates.
The joint venture will initially receive a $100 million capitalisation from both companies.
Cash App had been pursuing a VASP licence in the country since 2021.
The rules state that instant transfers must not cost more than standard services.
The proposals will target 17 companies who control 88% of the market share.
The challenger bank wants to focus its efforts on its “core markets”, namely Germany, France, Spain and Italy.
The company describes Sophia Fulugunya as “a front-line expert in transaction reporting”.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The taskforce would seek to explore the “multibillion-pound opportunities” of a quantum-enabled economy.
Legislation covering “activities relating to fiat-backed stablecoins” will arrive early next year.
Reserve board member and governor Michelle Bowman has opposed the revised cap.
JP Morgan Payments will leverage Trulioo’s person match and identity document verification services.
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
Bankjoy says its solution enables new customers to open an account in just 90 seconds.
The PRA directed the bank last year to instate a CoP system by 31 October 2023.
The Board alleges that the bank violated customer identification rules.
Modulr is working to ensure it meets evolving regulatory requirements following a period of growth.
The partnership comes as Figopara gears up for a “significant” international expansion push.
Dr Henry Balani of Encompass Corporation discusses the impact of the review on the UK banking system.
Through the partnership, Generali Investments Holding will utilise Fenergo’s client lifecycle management solution.
The bank has been running on iMAL since 2010.
The Treasury is welcoming feedback on its latest proposals until 1 December 2023.
The company has now raised more than $500 million since its inception in 2015.
The proposals will be introduced to the Australian parliament this year.