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Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing. ....

Monetary Authority Of Singapore , Monetary Authority ,

fintech | Reserve Bank of India bolstering oversight of fintech firms, signals end to years of light-handed regulation

Fintech firms and their investors were given a foretaste of that approach last month when the Reserve Bank of India ordered sector giant Paytm to wind down its banking unit due to, what it termed, persistent non-compliance with regulations ....

Development Council , Reserve Bank , Nirmala Sitharaman , Financial Stability , Eserve Bank Of India Rbi , Paytm Payments Bank Ltd ,

Profitable payments startup Zūm Rails closes $10.5-million Series A

Bootstrapped since 2019, Montréal-based FinTech startup Zūm Rails has now raised $10.5 million CAD in Series A financing for its payments platform that seeks to merge open banking with instant payments. ....

United States , Marc Milewski , Marcel Ferreira , Miles Schwartz , Arthur Ventures , Visa Direct , Canadian Fintech , Zum Rails , Payment Rails ,

Understanding CESOP: the European strategy for combating VAT fraud in e-commerce

In an era where digital transactions are the backbone of the global economy, ensuring the integrity ....

European Commission , Central Electronic System , Payment Information , Member States ,

Finastra selects Unitas as Kondor distribution partner in Soutth Korea

Finastra has today announced UNITAS as a strategic partner for Finastra’s Kondor treasury solution in South Korea. ....

South Korea , Richard Zhu , Finastra Kondor , Dooho Lee , Managing Director , Capital Markets ,