Former British political party leaders Sir Tony Blair and Lord William Hague have heralded digital identity cards as part of the "technological revolution."
Federal bank regulatory agencies today issued a joint statement highlighting liquidity risks to banking organizations associated with certain sources of funding from crypto-asset-related entities and some effective practices to manage those risks.
AML RightSource, the leading provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”) and Bank Secrecy Act (“BSA”) compliance solutions, announced today that Florida-based bank Banesco USA has selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that deliver detailed assessments and reporting.
The European Central Bank is to undertake targeted reviews and on-site inspections at banks after uncovering a number of shortcomings in digital transformation strategies.
By force of its functions to maintain financial stability, to manage the monetary policy, and to regulate the payment systems in Israel, the Bank of Israel is examining the issue of activity in digital assets, and their impact on the areas under the Bank's purview.
Roberto Napolitano, Director of Marketing and Communications, Innovate Finance, shares his predictions for 2023. As we examine last year's Fintech trends, including regulatory and ESG developments, we review how this will impact fintech survival in 2023.
