Regulation News
The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in Singapore today.
CIBC Mellon has announced its strategic collaboration with Duco, a leading SaaS provider of AI-powered data automation.
Challenger bank Monzo has raised another $190 million with support from Hedosophia, an early backer of Airbnb and Uber, Alphabet fund Capital G, and Singapore's Government Investment Corporation (GIC).
Emirates NBD's digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.
Lloyds Banking Group is collaborating with Red Hat on a programme to drive the adoption of open source software across its engineering teams.
SoFi's self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.
