December 24, 2024
Contributed This content is sourced or sourced from third parties but has been subject to Finextra editorial review. This is the second edition of a new Finextra longread series summarizing the latest regulatory updates impacting the financial services, technology or fintech sectors, and how financial market participants should consider the he gap between regulations that
December 23, 2024
The Securities and Exchange Commission (SEC) has assured stakeholders in the fintech space that it is committed to ensuring transparency and integrity in the regulation of the space. The Commission said it had ensured a level playing field for all applicants. The Director General of the SEC, Dr Emomotimi Agama, said this on Monday during
December 23, 2024
Complex technology is at the heart of the financial system and is evolving at an ever-increasing speed. As a result, the regulatory landscape is evolving, there are business opportunities to exploit, and the volume of investment in fintech is bringing excitement and innovation to the market. Whether you are involved in purchasing, supplying or investing
December 21, 2024
The Bank of Tanzania’s fintech regulatory sandbox will begin receiving applications on January 2, 2025, the bank says. “In accordance with the Bank of Tanzania (Fintech Regulatory Sandbox) Regulations, 2024. (Regulation), which requires the submission of applications on a quarterly basis, the Bank announces that applications for participation in the Sandbox will be open quarterly,
December 20, 2024
The framework came into effect as part of the recent launch of the QFC Digital Assets Regulations 2024 and reflects Qatar's ambition to establish itself as a global leader in the financial technology sector. A key element of the new framework is the formalization and recognition of “tokenization”, a process that is at the
December 16, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Allianz would be on the verge of interrupting its project acquisition of income insurance in Singapore, valued at US$2.2 billion, following increased public and regulatory scrutiny, as reported Bloomberg. The German insurer initially aimed to obtain a majority stake in
December 15, 2024
Yet even in this atmosphere of heightened regulation, analysts, venture capital (VC) firms and financial technology (fintech) companies that DH spoke with unanimously said that RBI's measures are positive for deeper penetration of fintech in the unbanked regions of India as well as for protection. the ecosystem of sudden shocks. Last update: November 3, 2024,
December 13, 2024
Joe Camberato is the CEO and founder of National Business Capitala leading fintech marketplace offering streamlined loans to small businesses. getty In the United States, fintech companies are regulated by several state and federal agencies. Navigating the regulatory landscape is challenging. In fact, Alloy's 2023 State of Compliance Report reveals that 93% of fintech companies
December 13, 2024
Fintech companies across Africa are looking for solutions to survive in a growing regulatory environment, as policies are put in place to protect consumers in the booming digital payments sector. Tuesday in Casablanca, Morocco, African Financial Summit (AFIS) took up this challenge by organizing a roundtable titled “Innovating under pressure: the future of fintech payments
December 11, 2024
Developments include a comprehensive framework for the issuance of FRTs within the ADGM ADGM, the international financial center of Abu Dhabi, and its Financial Services Regulatory Authority (FSRA) presented a series of recent regulatory enhancements at Fintech Abu Dhabi, as part of Abu Dhabi Financial Week (ADFW 2024). Developments include a comprehensive framework for the
December 10, 2024
By Dimpal Gulwani and Siddhi Nayak (Reuters) - India's Paytm barely slowed its second-quarter revenue decline, while its user base shrank in its key digital payments business, pointing to a slower-than-expected recovery from the shutdown of its banking unit ordered by the central bank. Shares of Paytm, which in May had forecast a "significant improvement"
December 3, 2024
As the month of October begins in earnest, Finovate Financial Technology Overview sharing news of accelerated payments to help those affected by Hurricane Helene, another partnership to help new Canadians get credit, as well as a major investment in cross-border payments and a major acquisition in prevention fraud. Be sure to check back all week
