FinTech Global’s Post

RegTech is transforming how financial institutions handle compliance 🌟. By automating tasks like reporting and audits, it simplifies processes and cuts costs 💰. Real-time monitoring provides instant alerts on regulatory breaches, keeping you ahead of the curve 🚨.  Adaptable RegTech solutions ensure you stay compliant across regions 🌍. #regtech #compliance #financialinstitutions 

What’s on the horizon for #payments firms in 2024? In a by-line article for Thomson Reuters Regulatory Intelligence, Olivia Murphy, Florian Reul and Simon Treacy explore the key regulatory trends and developments that firms should have front of mind this year, including changes to payment services rules, anti-fraud requirements, systemic risks, the regulation of #cryptoassets and #operationalresilience. Click below to read more,

Major fines could be coming for communication monitoring failures 👩⚖️   Stacey English, Director or Regulatory Intelligence at Theta Lake, recently spoke to FinTech Global about the biggest trends set to dominate the RegTech sector this year. “One trend that will stand out will be the unrelenting focus on communication compliance and recordkeeping. We have already seen over $2.6bn in fines for the use of unmonitored communication channels and there is no doubt that will continue this year. “From independent research we have undertaken, we know that 74% of firms still think they have unmonitored channels in use, so we can expect further enforcement for those firms around the world that haven’t addressed the issues. “What we have heard from regulators is that the penalties will be much higher because firms are essentially on notice and there really isn’t an excuse now.” Watch the video for more insights from Stacey English. #RegTech #FinTech #RegTechTrends

Only one week is left to vote for Droit for the RegTech Insight Awards USA. Droit’s patented platform provides a flexible solution that covers eligibility, validation, and report generation to track and accurately report on compliant trades in real-time. Vote for Droit for: Best Transaction Monitoring Solution - #8 Best Solution for CFTC Reporting - #17 Best Operational Risk Solution - #27 https://bit.ly/46HW2TT #regtech #regulatoryreporting #regulatorycompliance A-Team Group

What’s on the horizon for #payments firms in 2024? In a by-line article for Thomson Reuters Regulatory Intelligence, Olivia Murphy, Florian Reul and Simon Treacy explore the key regulatory trends and developments that firms should have front of mind this year, including changes to payment services rules, anti-fraud requirements, systemic risks, the regulation of #cryptoassets and #operationalresilience. Click below to read more,

What’s on the horizon for #payments firms in 2024? In a by-line article for Thomson Reuters Regulatory Intelligence, Olivia Murphy, Florian Reul and Simon Treacy explore the key regulatory trends and developments that firms should have front of mind this year, including changes to payment services rules, anti-fraud requirements, systemic risks, the regulation of #cryptoassets and #operationalresilience. Click below to read more,

What’s on the horizon for #payments firms in 2024? Olivia Murphy, Florian Reul and Simon Treacy explore the key regulatory trends and developments that firms should have front of mind this year, including changes to payment services rules, anti-fraud requirements, systemic risks, the regulation of #cryptoassets and #operationalresilience. Click below to read more,

What’s on the horizon for #payments firms in 2024? In a by-line article for Thomson Reuters Regulatory Intelligence, I explore with my brilliant colleagues Olivia Murphy and Simon Treacy the key regulatory trends and developments that firms should have front of mind this year, including changes to payment services rules, anti-fraud requirements, systemic risks, the regulation of #cryptoassets and #operationalresilience. What are your thoughts - what are further relevant points to consider? Click below to read more,

RegTech is transforming how financial institutions handle compliance 🌟. By automating tasks like reporting and audits, it simplifies processes and cuts costs 💰. Real-time monitoring provides instant alerts on regulatory breaches, keeping you ahead of the curve 🚨.  Adaptable RegTech solutions ensure you stay compliant across regions 🌍. #regtech #compliance #financialinstitutions 

What’s on the horizon for #payments firms in 2024? My colleagues, Olivia Murphy, Florian Reul and Simon Treacy provide key insights in this article published in Thomson Reuters Regulatory Intelligence. "Payments outlook: regulatory trends for payments firms in 2024" explores the impact of PSD3 in Europe, the UK's shifting regulatory regime, strengthened measures against fraud, the extended oversight of payment systems, the evolving regulatory framework for cryptoassets, and the importance of operational resilience. This is what payment services providers should have front of mind this year. Click below to read more.