Securities and Exchange Commission to require e-filing for investment advisors and institutional investment managements

The Securities and Exchange Commission approved new rules that required institutional investment managers and investment advisors to file certain forms electronically. Specifically, applications for orders under the Advisers Act on EDGAR; confidential treatment requests for Form 13F filings on EDGAR; and Form ADV-NR (through the IARD system) must now be filed electronically. The SEC further … Read more

Core Banking Can Be Deployed Successfully in the Cloud and Community Banks Should Cheer

The mainstream acceptance of the cloud as a practical deployment option presents new opportunities for financial services institutions, especially for community banks. A decade ago the cloud was reserved for edge applications like CRM and HR, but today deposits and lending solutions can be offered effectively, efficiently, and securely in the cloud. The State of … Read more

Moon. An Overview of the Global Open Banking Market

As the banking industry continues to develop, open banking is becoming popular as it allows consumers to enjoy faster, cheaper and more personal banking solutions. The fintech industry needs to recognise that open banking is a major source of innovation and is set to revolutionize the banking industry. What is open banking?Open banking can be … Read more

The battle against financial terrorism demands every tool in the box

Meeting the requirements of ever-evolving anti-money laundering (AML) and counter terrorist financing (CTF) laws, regulations and guidance is no mean feat. The sheer depth and breadth of requirements from such as wide range of bodies, can be daunting for even the most seasoned industry experts. The first place they might look in relation to AML … Read more

Bank Branch Transformation: Finding the Right Mix

Bank branch networks continue to decline steadily. Consumer research shows that UK banks are cutting branches at a rate of 60 per month[1], and a similar pattern is apparent in many other countries. Few doubt that the future of banking is largely digital, so how will bank branches survive? This blog explores a new role … Read more

Tech News: Accounting Seed deploys new release with emphasis on consolidation, automation

Ledgible, a cryptocurrency tax reporting and tracking solutions company, said that it has closed on a $20 million Series A Round with key institutional and strategic investors. It plans to use the investment on expanding the teams within their two core lines — professional tax and enterprise accounting. … Cryptioa back-office platform focused on cryptocurrencies, … Read more

The Top 5 Development Tips for Building a Metaverse

All eyes are glued toward the metaverse and its revolutionary uses. But, what are the creators thinking when developing one? The metaverse community is growing at a frantic pace. Market forecasts have already suggested an upcoming economy exceeding valuations of USD 1 trillion. The progress has been multi-faceted. The objective is separate for metaverse-building companies … Read more

Does Crypto Put In Danger The Global Payment Systems?

Fast and simple payments are only two of the many advantages that crypto assets provide. Financial services that are cutting-edge in nature, access to previously “unbanked” regions of the globe – the crypto-ecosystem enables all of this. However, it should be stated that apart from the benefits that are typical of digital assets, they are … Read more

now’s the time to migrate your IT systems to a SaaS-based model

Although we’ve seen increased appetite from banks globally to accelerate the pace of digital transformation over the last two years, many players have focused on updating customer-facing systems at the front-end and have put off the more complex need to update their core infrastructure. As a result, many established banks remain encumbered by legacy mid- … Read more

Features of Obtaining a Payment (PI) or E-money Institution (EMI) License in the Netherlands

The Dutch regulator (De Nederlandsche Bank, DNB) is one of the most active in the EEA in terms of the number of Payment Institution (PI) and E-money Institution (EMI) licenses that are issues. In 2021, the regulator issued 14 PI and EMI licenses, more than any other EEA country including Lithuania. In total, now (as … Read more