Search Results for: regulatory compliance

EY Announces Alliance with TaxBit to Support Tax Reporting Requirements for Digital Assets
Digital Asset Management News

EY Announces Alliance with TaxBit to Support Tax Reporting Requirements for Digital Assets

Fintech News Desk
by Fintech News Desk0
The EY organization announces an alliance between TaxBit, an industry-leading tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) to help organizations meet tax reporting requirements for digital assets. Regulators are starting to demand more formal reporting practices as......
B2B Cryptocurrency News

BIKA Crypto Asset Trading Platform: Creating A New Web 3.0 Trading World, A Revert To The Nature Of Trading

Fintech News Desk
by Fintech News Desk0
The years 2020-2022 are a period of bull-bear transition. As crypto investors, we have both witnessed the scenery of bitcoin’s climb to the top of the mountain and seen the wreckage left behind by the falling market. As the world’s leading crypto asset trading platform, BIKA created a new Web 3.0 trading......
FinchGuard: How Can Blockchain Companies Become AML Compliant?
Blockchain News

FinchGuard: How Can Blockchain Companies Become AML Compliant?

Fintech News Desk
by Fintech News Desk0
Decentralized nature of digital assets requires increased compliance, thus, policymakers have developed and implemented regulations to prevent cryptocurrencies from being used for illicit financing activities. Our story is straightforward – as a Swiss financial intermediary, FinchTrade AG hasn’t managed to find a solution to comply with the AML & KYC......
Carofin Completes $2 Million Equity Financing for TxtSmarter
Finance News

Carofin Completes $2 Million Equity Financing for TxtSmarter

Fintech News Desk
by Fintech News Desk0
Carofin and CFS Announce Successful Financing of TxtSmarter, a secure pipeline for full communications capture across private messaging applications, platforms, and services With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred......
Danske Bank Reaches Coordinated Resolutions With the US and Danish Authorities Regarding the Estonia Matter
Banking News

Danske Bank Reaches Coordinated Resolutions With the US and Danish Authorities Regarding the Estonia Matter

Fintech News Desk
by Fintech News Desk0
Danske Bank has reached final coordinated resolutions with the US Department of Justice (DoJ), the US Securities and Exchange Commission (SEC) and the Danish Special Crime Unit (SCU) following the investigations into failings and misconduct related to the non-resident portfolio at Danske Bank’s former Estonia branch Danske Bank has reached......
Bosonic Launches Cross Custodian Net Settlement
Digital Asset Management News

Bosonic Launches Cross Custodian Net Settlement

Fintech News Desk
by Fintech News Desk0
Bosonic, a decentralized Financial Market Infrastructure (dFMI) business, announces an industry first in going live with Cross Custodian Net Settlement (CCNS) in which trades in USDC and ETH were executed, cleared, and settled atomically between two digital asset custodians, First Digital in Hong Kong and Propine in Singapore. Latest Fintech......
Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services
Finance News

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Fintech News Desk
by Fintech News Desk0
Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with CFS CUSO Financial Services, L.P. (CFS), a subsidiary of Atria Wealth Solutions, and Wescom Credit Union (Wescom) announced that Wescom Financial Services (WFS) will transition its broker-dealer services to CFS under a dual program......
Digital Asset Management News

Tetra Trust announces partnership with MeetAmi Innovations To Deliver Turnkey Solution For Digital Asset Investing To Wealth Managers

Fintech News Desk
by Fintech News Desk0
Tetra Trust Company (“Tetra Trust”) and MeetAmi Innovations Inc. (“MeetAmi”) announced a partnership to offer a turnkey solution to Canada’s wealth management market, offering the ability to invest in Digital Assets and hold the asset base with a qualified Canadian custodian. The collaboration delivers Canada’s only regulated and compliant Digital......
Carrington Mortgage Services Brings Second Lien Program to Carrington Customers
Lending News

Carrington Mortgage Services Brings Second Lien Program to Carrington Customers

Fintech News Desk
by Fintech News Desk0
Carrington Mortgage Services’ Second Lien product provides a welcome source of liquidity to existing CMS servicing customers in a rising-interest-rate market Recently, Carrington Mortgage Services, LLC (CMS) introduced a Second Lien program that offers a unique opportunity for Carrington homeowners. The Second Lien product provides a welcome source of liquidity to existing......
CFund Launched a Global Strategic Layout and Established an Australian Branch to Expand the Asia-Pacific Industry
Cryptocurrency News

CFund Launched a Global Strategic Layout and Established an Australian Branch to Expand the Asia-Pacific Industry

Fintech News Desk
by Fintech News Desk0
With the establishment of CFUND CAPITAL PTY LTD, CFund will provide encrypted asset management and encrypted market maker services for users in many countries and regions around the world According to CFund Capital‘s official Twitter account (@CFundcc) on December 1, the Australian Securities and Investments Commission has agreed and approved......
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