FinScan, a leading provider of compliance solutions, has announced the appointment of Leda Glyptis as an advisor for the European market. Glyptis, a renowned figure […]
Tag: regulation
New Rules Bring Buy Now, Pay Later Providers Under Credit Card Protections
The US Consumer Financial Protection Bureau (CFPB) has tightened its grip on the booming Buy Now, Pay Later (BNPL) industry, classifying BNPL lenders as credit […]
EU Adopts Instant Payments Regulation to Expedite Fund Transfers
The European Union (EU) has enacted new regulations to ensure swift fund transfers to the bank accounts of retail clients and businesses across its member […]
RBI Proposes Framework for Self-Regulatory Organizations in FinTech Sector
The Reserve Bank of India (RBI) has introduced a draft framework for the recognition of Self-Regulatory Organizations (SROs) in the FinTech sector, aiming […]
Goldman Sachs forecasts India’s FY25 GDP growth at 6.5%
Goldman Sachs forecasts that India’s real GDP growth will increase to 6.5% in the fiscal year 2024-25 (FY25), up from an estimated 6.2% in 2023-24. […]
North American banks turning to new technologies to stay competitive: Study
The Economist Impact study, commissioned by Temenos, highlights a significant trend in the North American banking sector: a growing emphasis on technology as a key […]
IMF launches comprehensive guide on CBDCs
In a significant move to shape the future of digital finance, the International Monetary Fund (IMF) has unveiled a detailed Central Bank Digital Currency (CBDC) […]
UK Regulatory Authorities Seek Feedback on Stablecoin Oversight
Financial authorities in the UK are actively soliciting feedback on their proposed regulatory approach to stablecoins. The Financial Conduct Authority (FCA) and the Bank of […]