Bank of England set to launch CBDC consultation in 2022
The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
UK’s European Affairs Committee launches UK-EU financial services inquiry
The UK’s European Affairs Committee in the House of Lords has launched an inquiry into how the UK and EU’s relationship in the financial services sector.
What are the biggest mistakes RegTech companies can make?
The RegTech industry has proven resilient throughout the Covid-19 crisis, but vendors better avoid making big mistakes to ensure their future success.
Nedbank, Mastercard team to enable WhatsApp payments for small businesses
South African bank Nedbank has teamed with payment giant Mastercard and local FinTech Ukheshe to allow its customers to pay small businesses through WhatsApp.
DailyPay eyes market expansion following $500m capital raise
US firm Daily Pay has netted $500m in raised capital following a $175m Series D and $325m credit capital raise.
People Bank of China set to begin green finance evaluation of major banks
The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.
US teams with Singapore to tackle cybersecurity, sustainable finance challenges
The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.
EBA unveils public consultation on remote customer boarding guidelines
The European Banking Authority (EBA) has launched a public consultation on its draft guidelines for the use of remote customer onboarding solutions.
Best Execution requirements officially introduced in Singapore
The Monetary Authority of Singapore (MAS) has revealed that Best Execution practices must be provided by capital markets intermediaries to their customers.
Australian RegTech companies are less male dominated than FinTech in general – new survey...
Men run the Australian RegTech industry. A whooping 67% of the companies only have male leaders, according to new research from the Australian RegTech Association.
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