Money transmitters operating in 40 or more US states are set to benefit from a new multi-state compliance programme, enabling them to more easily extend their business across state lines.
In the first ever comprehensive recommendation to be provided by a US financial regulatory agency to other regulators and financial institutions, the US Commodity Futures Trading Commission’s (CFTC) Climate-Related Market Risk Subcommittee has released a strong warning signal about climate risk management.
Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.
Stock trading app Robinhood is being investigated by the Securities and Exchange Commission for failing to disclose that it sold clients' orders to high speed trading firms, according to the Wall Street Journal.
An Australian Senate Committee inquiry into fintech has put forth 32 recommendations to promote further competition in the financial sector, with a particular focus on regulatory impediments.
Source: Global Platform
GlobalPlatform, the standard for secure digital services and devices, has released a new specification to simplify and bring greater trust to the authentication of digital services on smartphones and biometric-enabled cards.
US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.
The New Zealand stock exchange has crashed for the third day in a row under the weight of a concerted Distributed Denial of Service attack.
