WealthTech

WealthTech

How financial institutions can succeed in mobile banking post-pandemic

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

Thailand’s central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Are changing regulations a threat for WealthTech firms?

Wealth management institutions have been dealing with greater complexity in areas of compliance and regulation. As the number of jurisdictions increases, so does potential liability and, as a result, global companies must embrace digitalisation to stay clear of legal hot waters.

Data protection is the top priority for UK banking customers

Data protection and security are of the highest importance for UK banking customers as financial services become increasingly dependent on digital interactions, according to a new study.

Research provides guide for financial services industry in reducing gambling harm

UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.

Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims

The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.

ECB: Digital euro will be a complement to cash, not a replacement

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

El Salvador becomes first country to make Bitcoin a legal currency

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

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