Tag: big tech

Corlytics bolsters global leadership by acquiring Deloitte UK’s RegTech platform

Corlytics, a leading global player in regulatory intelligence and automated policy compliance, has acquired a groundbreaking digital RegTech platform from Deloitte UK.

BIS paper outlines Big Tech regulation challenges in financial services

The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.

Banks more trusted than FinTechs and Big Tech, US survey reveals

A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.

SpendHub integrates Apple Pay and Apple Wallet

SpendHub users can now tap into Apple Pay and Apple Wallet to access their SpendHub credit cards for secure in-store and online purchases.

FSB warns about the risks of big tech offering financial services...

Big tech entering emerging markets with financial services could cause competition concerns for domestic FinTech operators and lead to negligent customer protection, the Financial Stability Board (FSB) warns in a new report.

ECB warns that big tech entering the FinTech space could lead...

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

UK challenger banks like Revolut, Monzo and Starling Bank almost tripled...

While British neobanks gained six million new customers in the last six months of 2019, losses and the looming threat of big tech are issues they still need to take seriously.

Could Backbase’s new banking platform really help incumbents compete with new...

Challenger banks and huge tech titans threaten to take traditional banks' share of the market. Now Backbase believes it might have a solution.

New Financial Stability Board report warns that big tech stepping into...

Tech titans could end up dominating the FinTech space if left unchecked, a new report from the Financial Stability Board (FSB) warns.

Banks fear open-banking and tech titans as non-cash payments soar around...

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

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