Tag: big tech
Corlytics bolsters global leadership by acquiring Deloitte UK’s RegTech platform
Corlytics, a leading global player in regulatory intelligence and automated policy compliance, has acquired a groundbreaking digital RegTech platform from Deloitte UK.
The acquisition aims...
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
FSB warns about the risks of big tech offering financial services...
Big tech entering emerging markets with financial services could cause competition concerns for domestic FinTech operators and lead to negligent customer protection, the Financial Stability Board (FSB) warns in a new report.
ECB warns that big tech entering the FinTech space could lead...
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.