Source: Paymentology
Closely following the expansion of its Middle East office, UK fintech cloud-payment processor, Paymentology has announced a similar focus on Singapore, with the appointment of Matt Bruton as the General Manager for the Asia Pacific region.
Source: Pintec
Pintec Technology Holdings Limited (Nasdaq: PT) (“Pintec” or the “Company”), a leading independent technology platform enabling financial services in China, today announced an update on its cooperation with Industrial and Commercial Bank of China (“ICBC” or the “Bank”). ICBC has adopted and implemented Pintec’s SME risk management solutions for its micro- and small-sized (“SME”) lending business, further enhancing the effectiveness of its lending services for SME clients.
Deutsche Bank has agreed to pay $150 million to settle a New York state regulator investigation into "significant" compliance failures in its relationship with convicted sex offender Jeffrey Epstein, as well as with two other banks.
New York's financial regulator is preparing to remove a number of regulatory hurdles impeding the development of cryptocurrency businesses in the US state.
Source: Mendix
Mendix, a Siemens business and the global leader in enterprise low-code, released a survey showing that, despite being one of the first sectors to embrace digitalisation, the financial services industry is still mired down with complex processes and inadequate tools that are hindering its growth.
Source: ISACA
Schaumburg, IL, USA – The spread of COVID-19 forced nearly all enterprises to revisit their business continuity plans. This reassessment often revealed significant gaps—including failure to factor in the potential need for an entirely remote workforce and to consider impacts to supply chain. A new white paper from ISACA, Supply Chain Resilience and Continuity: Closing Gaps Exposed in a Global Pandemic, offers approaches that enterprises can implement to increase the resiliency of their own supply chain—during the current pandemic and potential similar future crises.
South Africa's Postbank has been forced to replace 12 million bank cards after a calamitous security breach that saw the bank's master encryption key printed off in plain, unencrypted language.
The FCA has today fined Commerzbank AG (London Branch) £37,805,400 for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017.
