WealthTech

WealthTech

Why compliance and transparency are vital for digital financial solutions

A blogpost by Kidbrooke has detailed how financial organisations can ensure regulatory compliance and transparency when it comes to their digital financial products.

Brokerage Archax picks Scila for surveillance and AML

Archax has selected Scila Surveillance and Scila AML to help it bolsters its market surveillance and anti-money laundering capabilities.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

How is the sustainability revolution changing the banking sector?

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable is changing the banking industry.

HKMA initiates first CBDC steps with whitepaper launch

The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.

ECB stress test reveals potential climate peril for European banks

A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Nigerian central bank to launch new CBDC through Bitt collaboration

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

EPA calls for greater digital identity push in light of growing financial crime

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

Government review finds key regulatory shortfalls in Australian payments system

A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.

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