Industry News

Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

Swedish BNPL giant Klarna has revealed that its service is now experiencing rapid growth across Canada. 

The European Market Abuse Regulations (MAR) have been at the forefront of the financial regulatory landscape since July 2016. Despite its six-year presence, compliance with MAR regulations remains a consistent priority for regulators across Europe, including the UK. Regulatory enforcement continues to unveil that firms still grapple with adherence to rules governing the management of material nonpublic information (MNPI).

The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.

The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.

The SEC adopted new rules requiring public firms to disclose all cyber breaches that could affect their bottom lines within four days.

After over a year since it was announced, the Consumer Duty regulation has finally come into effect in the UK this week.

Weave has announced the addition of a mobile Tap to Pay service to their innovative all-in-one customer experience platform. 

Specialist research firm FinTech Global has launched an innovative ESG FinTech Market Map, that will serve as a vital guide for financial institutions looking for solutions to solve their ESG needs.