06 July 2015

All risk & regulation news

Bank regulator IT examiners need more training - report

03 July 2015  | 0 comments | 5 tweets | 4 linkedin

American banking regulators are sending staffers with "little or no" tech training to carry out IT examinations at smaller institutions, according to a report from the US Government Accountability Office (GAO).

US banks pump $16.6bn into digital transformation

01 July 2015  | 2 comments | 39 tweets | 26 linkedin

American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights.

Singapore pledges S$225m to fintech

01 July 2015  | 0 comments | 34 tweets | 24 linkedin

Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.

PayPal backs away from controversial robocalling policy

29 June 2015  | 0 comments | 4 tweets | 2 linkedin

Following a backlash from customers and regulators, PayPal has moved to "clear up any confusion" on its policy for sending out automated phone calls and text messages.

SEC commissioner calls for Reg SCI scope to be widened

26 June 2015  | 0 comments | 5 tweets | 2 linkedin

An SEC commissioner has called on the regulator to massively expand the scope of recently introduced rules designed to strengthen the US market's technology infrastructure and protect it from cyber attacks.

Alibaba affiliate launches online bank

26 June 2015  | 0 comments | 17 tweets | 10 linkedin

The financial affiliate of Chinese e-commerce conglomerate Alibaba has launched MYbank, an online lender targeting the country's small- and medium-sized businesses.

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Singapore pledges S$225m to fintech
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US banks pump $16.6bn into digital transfo...
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Bank regulator IT examiners need more trai...
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