May 23, 2022
BNP Paribas Becomes Latest Bank to Embrace Blockchain

French bank BNP Paribas has joined a U.S.-based blockchain-powered network overseen by JPMorgan to use digital tokens for short-term trading in fixed income markets, stepping into the $12 trillion market,...

May 23, 2022
NEW REPORT: Cloud-Based Microservices Are Transforming Modern Risk Management

Financial institutions (FIs) face a range of challenges in today’s payments ecosystem. While developing new ways of removing frictions from sending and receiving funds for clients, FIs must also maintain...

May 20, 2022
BIS: Cross-Border Crypto Payments Need New Regulatory Framework

It’s been widely acknowledged that blockchain can dramatically cut the cost, speed and complexity of cross-border payments. But the monumental task of regulating that market has proven an obstacle on...

May 20, 2022
Wells Fargo to Pay $7M to Settle SEC AML Allegations

Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least 34 suspicious transactions that could...

May 19, 2022
Today in Crypto: US Lawmakers Question Lobbyists Over Stablecoin Fall;...

In crypto news, the industry is hurrying to respond to concerns by U.S. lawmakers about stablecoins after the UST collapse, Reuters wrote. The Blockchain Association and the Chamber of Digital...

May 19, 2022
Crypto Regulation Weekly: TerraUSD’s Collapse Raises Alarms Worldwide

The 800-pound gorilla in any conversation about crypto regulation this week was the $45 billion de-pegging and collapse of the TerraUSD stablecoin. The G-7 is preparing to call on the...

May 18, 2022
Financial Crime Fighter Napier Adds 2 Execs

Financial crime compliance technology specialist Napier announced Wednesday (May 18) that it has added two new hires to its growing team in North America. According to a company news release,...

May 16, 2022
ECB’s Panetta: Digital Euro Could Launch Within Four Years

Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, said Monday (May 16) that a digital euro could become a reality within the next four years, calling...

May 16, 2022
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators, and it recommended changes that may affect...