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U.S. regulator's approval of stablecoin payments provides regulatory building block, compliance challenge - Vimarsana News

U.S. regulator's approval of stablecoin payments provides regulatory building block, compliance challenge

9 Min Read New York(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel A representation of virtual currency Bitcoin and U.S. One Dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. A new interpretive letter from the Office of the Comptroller of the Currency allowing the use of stablecoin cryptocurrency for bank payments opens a pathway for mainstream finance to live-test digital assets in a relatively safe corner of the market. The decision greenlights what some...

OUTLOOK 2021: Battle lines form for a U.S. regulatory showdown in cryptocurrencies - Vimarsana News

OUTLOOK 2021: Battle lines form for a U.S. regulatory showdown in cryptocurrencies

7 Min Read NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. The new year and new administration in Washington has brought uncertainty over what many see as potentially one of the most revolutionary developments in financial services, the broader acceptance and regulatory framework for cryptocurrencies. Digital assets or currencies such as bitcoin have exploded in popularity....

Global RegTech Market Report 2020-2025 - Vimarsana News

Global RegTech Market Report 2020-2025

Share this article Share this article ResearchAndMarkets.com's offering. The Global RegTech Market is estimated to be USD 6 Bn in 2020 and is expected to reach USD 13.4 Bn by 2025, growing at a CAGR of 17.5%. Key factors promoting the growth of the market are the rising number of fraudulent activities such as money laundering taking place in the financial sector. This has required a need for risk and compliance management system, especially for large scale organizations. Besides, the adoption of Regulatory Technology (Reg Tech) software can also be effective in reducing compliance costs by s...

RegTech Market to Garner $28.33 Bn, Globally, by 2027 at 22.3% CAGR: Allied Market Research - Vimarsana News

RegTech Market to Garner $28.33 Bn, Globally, by 2027 at 22.3% CAGR: Allied Market Research

Share this article PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "RegTech Market by Component (Solution and Services), Deployment Type (On-Premises and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Anti-money Laundering (AML) & Fraud Management, Regulatory Intelligence, Risk & Compliance Management, Regulatory Reporting, and Identity Management), End User (Banks, Insurance Companies, FinTech Firms, IT & Telecom, Public Sector, Energy & Utilities, and Others) : Global Opportunity Analysis an...

Deutsche Bank reaches $130 million settlement over U.S. bribery, commodities - Vimarsana News

Deutsche Bank reaches $130 million settlement over U.S. bribery, commodities

6 Min Read New York(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. Deutsche Bank AG on Friday agreed to pay more than $130 million to resolve a Justice Department investigation into violations of the Foreign Corrupt Practices Act and a Securities and Exchange Commission probe into a commodities fraud scheme. This is the latest blow for the German bank that has faced a series of scandals over financial ...