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Worldline Announces a Renewed Management Team to Lead its Transformation

Fintech Finance

Srikanth Seshadri, Chief Financial Officer Srikanth began his career at Arthur Andersen, and spent 5 years in Audit as well as in Technology Risk Consulting Practice, in India. From 2019 to 2023, he was Divisional CFO for the global vertical, Digital & Integrated Systems.

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MAS Ends Six-Month Restriction on DBS, Retains Additional Cap Requirement

Fintech News

The pause, which spanned from 1 November 2023, to 30 April 2024, aimed to focus the bank on enhancing the resilience of its digital banking services. The directive was a response to multiple service disruptions faced by DBS Bank customers in 2023, leading to a comprehensive review and remediation plan.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

In May 2023, the MAS released a Consultation Paper on amendments to the Payment Services Regulations 2019, introducing new measures for Digital Payment Token (DPT) services, including a requirement for customer asset safekeeping under statutory trust.

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Hong Kong’s SFC Lays Out Regulatory Pathway for Tokenisation

Global Fintech & Digital Assets

By Simon Hawkins and Adrian Fong On 2 November 2023, the Securities and Futures Commission (SFC) issued two widely anticipated circulars on tokenisation during the 2023 Hong Kong FinTech Week. One circular provides conduct-related guidance to intermediaries engaging in tokenised securities-related activities (Activities Circular).

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Dubai’s Fintech Evolution: Regulation as a Catalyst for Change

The Fintech Times

In 2023, the DFSA recorded a 50 per cent year-on-year increase in licence applications across all business models with increases in licencing applications from private banks, asset managers and fund management companies.

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The race to resilience: Why UK and EU rules will redefine financial stability by 2025

The Payments Association

Amidst this backdrop, recent statistics have revealed alarming trends: For example, in 2023, data breaches in the U.S. Finally, engage with senior managers so that they understand their role in overseeing technology risks and receive the right information for them to do so effectively.