Benoît Cœuré, the executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities. He made the remarks on Wednesday, September 25. Cœuré commented that the “global payments system still faces two major challenges: access and cross-border retail payments.” He noted…
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Business models and tech aside, Open Banking companies look set to change the way we handle our cash Since the European Union introduced the second Payment Services Directive – or PSD2 – in January of last year, there’s been an explosion in the number of new financial technology companies entering the market. In the UK,…
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Temenos will showcase a completely zero-waste stand as part of its corporate social responsibility (CSR) program at Sibos. GENEVA, Switzerland – September 19, 2019 – Temenos (SIX: TEMN), the banking software company, today announced that as part of its corporate social responsibility (CSR) program at Sibos, the world’s premier financial services event taking place in…
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Ping Identity, an IT security and identity authentication platform, has revealed the initial public offering of its common stock on the New York Stock Exchange under the name PING. The company will issue 12.5 million shares at a price expected to be between $14 and $16 per share. Ping Identity anticipates it will grant the…
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As with all markets, the RegTech market comprises buyers and sellers – buyers being the regulated institutions dealing with the challenges of ever-increasing regulation and the sellers are the RegTech vendors, offering innovative technological solutions to help regulated firms meet those challenges. Sitting between both sides of the market, here at RegTech Associates we are…
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Payments modernization initiatives around the globe have long been a topic of huge interest and are at different stages of implementation in different countries. Time and again, it has proven to be a catalyst for the transformation that has fueled innovation. Canada is now completely into this modernization party, driven by the modernization agenda and…
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Non-custodial crypto exchange and wallet platform Edge has released its 1.9.1 version which includes integrations with new partners: Banxa, Bits of Gold, CoinSwitch, FIO, Safello, and Tezos. The latest update enables full-service offering usage and payment methods in new regions, allowing users to effortlessly access and trade different digital currencies. According to a press release…
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Data-driven regulation and compliance is the key to a successful future financial services industry With regulators being the ‘public champion’ for new data technologies, this paper explores the automation of regulation and compliance and areas that offer significant potential to transform services and support the work of regulators. The data science technologies of artificial intelligence…
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