Tag : Financial Conduct Authority (FCA)

iFAST Global Bank Expands Euro Payment Capabilities with SEPA Instant
Banking Finance News

iFAST Global Bank Expands Euro Payment Capabilities with SEPA Instant

GlobeNewswire
by GlobeNewswire0
SEPA network connectivity strengthens cross-border payment rails, enabling instant Euro funds settlement for users worldwide. Key facts: Launch: iFAST Global Bank introduces SEPA Instant Payments to expand its international payment capabilities. Purpose: Access to the SEPA network allows clients to send and receive secure Euro transactions instantly across the 41-country SEPA zone,......
Wirex Integrates tGBP, Bringing Regulated Tokenised GBP to 6 Million Users
Finance News

Wirex Integrates tGBP, Bringing Regulated Tokenised GBP to 6 Million Users

PR Newswire
by PR Newswire0
Wirex, a global leader in Web3 payments and digital finance, has announced the integration of tGBP – a fully backed, on-chain representation of the British Pound Sterling – into its platform. This move enables over six million users across 130+ countries to access and transact with a regulated, fiat-pegged digital......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Security

RegTech for Financial Institutions: How You Can Better Streamline Regulatory Compliances

Rishika Patel
by Rishika Patel0
The Fintech industry is revolutionizing financial services with innovative RegTech solutions, from mobile payments to blockchain technologies. However, with this rapid transformation comes the challenge of navigating an increasingly complex regulatory landscape. Financial institutions must comply with stringent rules, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations,......
Featured Fintech Fintech Primers

How To Protect Your Funds?

Pooja Choudhary
by Pooja Choudhary0
Why Safeguard Funds? The Financial Conduct Authority (FCA) implemented the Electronic Money Regulations (EMRs) in 2011, which stipulated that a fintech is required to identify clients’ funds and safeguard them apparently. It allows a third party to distribute the funds in an extraordinary event (like- insolvency) and thereby, effectively ringfences......
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