Monday, April 22, 2024

Establishing protocols in FinTech from the get-go

FinTech has been labelled a modern day gold rush fuelled by ambitious entrepreneurs and innovative technologies and consumer demand. Read more: www.theaustralian.com.au

Regulations are creating a huge opportunity for RegTech

Financial services companies are struggling to keep up with a mountain of new regulatory and reporting requirements — and it's only going to get worse. Read more: uk.businessinsider.com

Startupbootcamp FinTech’s nine hot companies for London

Financial innovation accelerator Startupbootcamp FinTech has revealed the nine breakthrough businesses it has picked to join its London programme.

FCA seeks to use RegTech to lessen reporting burden

Regulator sees technology as a solution to high costs and inefficient processes. Read more: www.ftadviser.com

‘Sandbox’ to monitor FinTech in Thailand

THAILAND is following in the footsteps of the United Kingdom, Singapore and Australia in adopting the “regulatory sandbox. Read more: www.nationmultimedia.com

Bitcoin gets legal protection in China

The Chinese authorities issued a notice on the risk prevention of Bitcoin in 2013. Read more: e27.co

China’s P2P lending sector faces risk control challenges

Information technologies and innovation are not only reshaping the landscape ofmanufacturing but changing the roadmap of the virtual financial sector. Read more: www.chinadaily.com.cn

Fintech spawns RegTech to automate compliance with regulations

Entrepreneurs and innovators are invading the complex and often arcane world of regulatory compliance. Read more: www.bloomberg.com

Financial services firms expect regulatory burden to increase

The actual number of significant pieces of financial regulation governments have issued has slowed, but the existing regulation is becoming more complicated. Read more: uk.businessinsider.com

What is the cost of compliance in 2016?

Thomson Reuters releases survey assessing the concerns of compliance staff at 300 financial institutions worldwide and finds that regulatory burdens are not easing, while resources are increasingly squeezed, leading firms to technological solutions. Read more: www.waterstechnology.com

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