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Tag: pensions

MPF’s tech drive poised to spur competition, innovation

After a multi-year build, Hong Kong’s pension system is about to launch its digital service platform. It will be operated by eMPF Platform, a...

PSD3: An evolution of the EU payments framework and enabling Open Finance

On 28th June 2023, the European Commission announced the proposal for modernising payment services and opening financial services data with the aim of bringing...

UK’s AI Immigration Detector Flagged as Discriminatory

The UK government has started to use AI for its immigration screening processes, but the move has been criticized for discriminating against certain groups...

Expect new crypto regulations to follow Bitcoin ETFs

Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question to ponder, because there...

Germany is dragging Europe’s economy down — and that’s great for crypto

In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline...

Moneyhub Partners with MX, Brings Open Data to Wealth Management Solutions Provider Voyant – Finovate

Open data company Moneyhub announced a pair of partnerships at the beginning of the month. The Bristol-based firm forged a referral partnership...

‘A Lighter Regulatory Touch’? FCA’s Enforcement Cases Plummet in FY22/23

Enforcement actions by the UK financial watchdog slumped during the last financial year ended March 31, 2023. The number of cases opened against firms and individuals fell...

Regtech and Privacy: Balancing Data Protection and Regulatory Compliance

Businesses and organizations are becoming increasingly dependent on technology to handle and retain massive volumes of data. While this has provided various advantages and opportunities, it has...

CBDC rollouts will require central banks to ski off-piste

There’s no rulebook for how a central bank should set up its own digital currency. It’s trial and error. So far, it’s been mostly...

Why UK fintechs need to care about the FCA’s Consumer Duty rules

In one of the biggest shake-ups to how fintech firms approach their customer experience (CX) strategies, the U.K.’s Financial Conduct Authority is introducing new...

In what aspects do the UK and EU investment firm prudential regimes diverge?

Investment firms have very different business models and risk profiles to credit institutions. They facilitate savings and investment flows by providing professional services such...

Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling

Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling...

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