Regulatory and business challenges to FinTech M&A
FinTech's wealth of opportunities is attracting interest, yet the uncertainty of its direction means the financial services industry needs to tread carefully. Read more: www.jdsupra.com
FintTech gains a national platform
The primary regulator of the nation's largest banks, the OCC, is considering issuing special purpose national bank charters to certain fintech firms. Read more: www.natlawreview.com
Percentile ships FRTB calculator
Percentile announced the launch of RiskMine FRTB calculator, which allows banks to meet the key requirements of BCBS’s new market risk capital standards. Read more: www.finextra.com
BOE asks FinTech firms to help warn banks about cyberattacks
The Bank of England is recruiting FinTech companies to help prevent cyberattacks targeting financial institutions. Read more: www.fintechranking.com
Adapting regulation for the FinTech world
The Consumer Financial Protection Bureau quietly modernized regulations associated with a 38-year-old law to bring safeguards to today’s mobile world. Read more: www.regblog.org
Blockchain and the growing RegTech ecosystem
As the prevalence of RegTech increases, so too does the importance of entrepreneurs and developers taking advantage of the technology. Read more: www.siliconrepublic.com
RegTech could keep firms from being overprotective
One solution to protecting financial data is simply to treat all data as sensitive. However, this all-or-nothing approach would lead to unnecessarily large data storage requirement. Read more: www.finextra.com
ECommPay becomes first to implement MasterCard dashboard
The MasterCard Dashboard is engineered to aggregate insights from across the MasterCard global network to provide a detailed overview of transactions. Read more: www.finextra.com
KYC may be the next big thing for blockchain
The KYC process is costly, inefficient, and mandatory but the use of blockchain has the potential to reduce much of the headache. Read more: www.bankinnovation.net
MOTION CODE considered to fight rising online fraud
MOTION CODE is a pioneering technology which embeds an e-paper screen on the reverse of your payment card, replacing the static printed security code. Read more: www.businesswire.com