bank regulations

Controversy Hits RBS’ $1B Fund To Boost Bank Competition
Controversy Hits RBS’ $1B Fund To Boost Bank Competition
February 21, 2019  |  B2B Payments

The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to...

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Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
February 05, 2019  |  B2B Payments

The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses...

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Opus Accelerates KYC Automation For Banks
Opus Accelerates KYC Automation For Banks
January 30, 2019  |  B2B Payments

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. A press release on Tuesday (Jan. 29)...

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Morgan Stanley Takes Steps To Make FinTech Partnering Easier
Morgan Stanley Takes Steps To Make FinTech Partnering Easier
December 20, 2018  |  Startups

Morgan Stanley wants to make it easier to acquire new tech from startups as well as pick up the pace of collaboration amid concerns from FinTechs...

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WeLab Eyes Services In China Beyond Lending
WeLab Eyes Services In China Beyond Lending
November 01, 2018  |  International

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. Get...

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China Gives Nod To Wholly Owned Foreign Banks
China Gives Nod To Wholly Owned Foreign Banks
October 26, 2018  |  Regulation

Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks....

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Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
October 23, 2018  |  B2B Payments

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept...

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India’s RBI Wants Its Governor To Lead Payments Regulator
India’s RBI Wants Its Governor To Lead Payments Regulator
October 19, 2018  |  International

Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has put forward a...

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Pew Pushes Installment Loans As Regulated Payday Alternative
Pew Pushes Installment Loans As Regulated Payday Alternative
October 17, 2018  |  Alternative Finances

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. Get the...

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