Category: Fintech

February 26, 2018 BY Valentina Kirilova

Maharashtra State and Singapore announce closer FinTech cooperation

The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM) (Maharashtra is India’s second-most populous state and third-largest state by area. Mumbai is the capital city of Maharashtra) announced that they have signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.…

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greenlight card website
February 21, 2018 BY LeapRate Staff

Ally looks for youth with strategic investment in cards-for-teens provider Greenlight Financial

Ally Ventures, the strategic investment arm of online brokerage and banking company Ally Financial Inc (NYSE:ALLY), has announced that it has made an investment in Greenlight Financial Technology, Inc., creator of smart debit cards for kids, teens, and college students. The company stated that the investment supports Ally Ventures' goal of promoting innovation through key alliances…

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February 19, 2018 BY Valentina Kirilova

FCA and CFTC to collaborate on FinTech innovation

The Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) announced that they have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. Andrew Bailey, Chief Executive of the FCA, commented: International borders shouldn’t act as…

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February 16, 2018 BY Valentina Kirilova

ISDA appoints REGnosys to develop digital Common Domain Model

ISDA has announced that regulatory fintech firm REGnosys has been appointed to develop a digital version of the ISDA Common Domain Model (CDM). REGnosys was selected following a request for quotations issued in the fourth quarter of 2017, and will now assist ISDA in developing the framework to build a digital version of the ISDA…

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February 15, 2018 BY Valentina Kirilova

BCSC consults with stakeholders in FinTech sector

The British Columbia Securities Commission (BCSC) today released a fintech notice and request for comment (the notice), summarizing the results of the BCSC's fintech outreach activities in 2017 and seeking input on potential measures to clarify or modernize B.C. securities laws for stakeholders. We want members of the B.C. technology community to know that we…

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February 14, 2018 BY Valentina Kirilova

MAS and the Central Bank of Egypt bolster FinTech cooperation

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) announced that they have signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018. The Cooperation Agreement was signed at Seamless North Africa 2018 (under the patronage of the CBE), a conference focused on Payments, FinTech and…

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February 08, 2018 BY Valentina Kirilova

OSC announces Fintech Advisory Committee members for 2018

The Ontario Securities Commission (OSC) announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry. This year’s FAC includes key players from a broad spectrum of the fintech community, ranging…

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WFE World Federation of Exchanges
January 10, 2018 BY Valentina Kirilova

WFE publishes position paper on FinTech in the market infrastructure space

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a position paper summarising the WFE’s current views on FinTech and the regulatory environment surrounding it. The purpose of the paper - entitled FinTech in the Market Infrastructure Space - is to support ongoing compliance…

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