Regtech
Futureproofing Fintech: Navigating AML Compliance in a Rapidly Evolving Sector
The fintech space is experiencing unprecedented challenges when it comes to anti-money laundering (AML) compliance. From a global pandemic that shifted users online to economic downturns and sanctions resulting from geopolitical conflicts, fintech firms face daunting challenges that can harm
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StanChart Joins Chekk’s Multi-Million Dollar Funding Round
Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures announced that it has invested funds in Chekk, a Hong Kong-based KYC, KYB and data management platform. Details of the investment was not disclosed. SC Ventures joins Chekk’s multi-million dollar
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A Step-By-Step Guide to Registering a Company in the Tech Age
Starting a business is no easy task. There are so many things to think about- from coming up with a clever and innovative idea, to registering your company with the right governing body. In this day and age, it’s especially
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Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how
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Regtech to Play Key Role in the Development of Green Finance in Hong Kong
Demand for green finance is surging in Hong Kong but the lack of unified standards or definitions of green financial products is posing regulatory challenges, facilitating greenwashing, damaging investors’ confidence and harming the proper development of the sector. Against this
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HKMA Moves to Plug the Regtech Talent Gap to Promote Adoption
A recent report commissioned by the Hong Kong Monetary Authority (HKMA) had highlighted a series of recommendations to promote the development of regtech talent in Hong Kong. As laid out in the HKMA’s white paper entitled “Transforming Risk Management and
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Latest HKMA Regtech Guide Outlines Benefits of E-Governance, Risk & Compliance Platforms
Banks and financial institutions are faced with critical challenges in their current governance, risk, and compliance (GRC) approaches, which often times involve inefficient and cumbersome processes requiring an excessive amount of manual work with disconnected and varied results. This challenge
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Future-Proofing Against Compliance and Risk When Expanding Globally
Globalization Partners, a US-based compliant and automated global employment platform, found that companies that grow internationally without prioritising compliance are sure to run into problems according to its “7 Compliance Challenges Companies Face When Growing Globally” e-book. As a fast-growing fintech industry,
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TransUnion Acquires Neustar for US$3.1 Billion to Enhance Digital Identity Capabilities
American consumer credit reporting agency TransUnion has signed a US3.1 billion deal to acquire Neustar, an identity resolution company, from a private investment group led by Golden Gate Capital and with minority participation by GIC. Neustar’s security business, which is
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Here are 3 Ways Banks Can Adopt Regtech
Over the last decade, regulatory and compliance requirements have increased for all financial companies. At the same time, countries are introducing new legislation and regulatory requirements. Dealing with these evolving and ever-changing compliance expectations can be a costly ordeal. According
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