How ADGM’s Financial Services Regulatory Authority is embracing FinTech

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market has been embracing innovation, growth and FinTech, but remains alert and cautious of potential technology risks according to CEO Richard Teng.
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A standardized API would help ease PSD2 compliance burdens

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

Why are KYC solutions becoming so important?

Knowing who you are dealing with is increasingly becoming a major focus for financial firms. Investment in the RegTech space has grown tremendously since 2014....

FinTech evolution, rising opportunities begin to catch private equity’s gaze

Venture capital’s domination of the FinTech sector could be under threat as private equity heavyweights begin to sink their teeth into the steadily evolving...

How data is transforming portfolio management

Financial services need to tailor investment and portfolio management so it can evolve with consumers life stages, according to Barclays UK managing director and...

FinTech needs to support the retail side of Islamic Finance in UK

There hasn’t been enough use of retail Islamic Finance, but FinTech can allow for this to happen, according to Yielders co-founder and CIO Zeeshan Uppal in a research interview with FinTech Global.

Banks gravitate to blockchain to cut $3.6tn compliance costs

Distributed ledger technology is now something that banks are taking very seriously, however, with blockchain-based systems potentially enabling them to save billions.

InsurTech to capitalise on ‘prevention tech’

Despite InsurTech seeing a decline in funding YOY, prevention technology could open up a new host of opportunities, according to InsurTech Capital founder Minh Tran in a research interview with FinTech Global.

How unlocking data can support the growth of reinsurance

Improving the access to data will not only help improve reinsurance but help the industry grow in new verticals, according to a panel at the Global InsurTech Summit 2019.

Here’s why your employees are your biggest cybersecurity risk

The cybersecurity threat is constantly evolving and the day a firm believes they have achieved all there is to achieve, is the day they will fall foul to the next emerging risk; the Insider Threat, according to Tony Pepper, CEO at Egress.

News Stories

P&N Bank reveals what data was leaked in recent breach

P&N Bank has revealed passwords and credit card details were not exposed during its recent data breach.

Equifax reportedly to pay $1.38bn for 2017 data breach

Credit score company Equifax is reportedly set to pay $1.38bn as a settlement to its major data breach back in 2017.

Travelex has recovered some of its systems after being crippled by a ransomware attack...

Foreign exchange company Travelex has started to recover some of the services it was forced to close down due to a virus discovered on New Year’s Eve.

Hackers the leading cybersecurity concern for business leaders

A new report from digital service and consulting firm Infosys has unveiled the biggest cybersecurity concerns for companies.

Revolut eyeing funding round which would bring its valuation to $5bn

UK challenger bank Revolut is reportedly eying a new funding round which would value the business at $5bn (£3.85bn).