FCA extends SCA deadline to lessen consumer, merchant impact
The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.
Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
Banks and asset managers not yet prepared to meet climate risk deadlines
A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.
RBI launches Fintech department to deal with Crypto, CBDC challenges
The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.
ION extends its cleared derivatives product suite
ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.
Bulgaria viewing to open RegTech sandbox
The finance minister of Bulgaria has announced that the country’s government is looking to launch a RegTech sandbox in Sofia.
Goldman Sachs empowers Starling Bank with £50m injection
Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
FinTech startup Nuula launches beta app in the US
Canadian FinTech company Nuula has introduced its beta mobile app with a mission to ‘help small businesses succeed’.
FinTech Pecunpay unveils digital payment innovation centre
Spanish FinTech Pecunpay has launched a new digital payments innovation centre named FINTANK.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
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