Up to £5,000 can be sent to an international account without charge Source: Payment app Revolut to offer free money transfers abroad
Deutsche Bank AG is close to an agreement with former executives at Germany’s biggest bank to have them help pay for fines the lender suffered because of past misconduct. Source: Deutsche Bank Says Former Executives Set to Pay for Missteps – Bloomberg Will institutions seek reimbursement from former executives for fines suffered under GDPR where misconduct…
Institute is reshaping its course to meet employer demand for fintech skills Source: CFA finance exams to grill hopefuls on AI, big data and robo-advice
The Conference of State Bank Supervisors announced a raft of initiatives on Wednesday designed to make the state licensing system more attractive to fintech companies. Source: States move to obviate fintech charter | American Banker
Source: BNY Mellon advances artificial intelligence tech across operations | Reuters
Hogan Lovells attorneys Aaron Cutler and Loyal Horsley authored a three-part series on U.S. fintech regulation, appearing in Banking Technology. The final installment provides an overview of state-level fintech regulation and the proposed legislative solutions aimed at increasing coordination between the various agencies.
Here’s a thought-piece on the present and future regulation of distributed-ledger technology written by colleagues Jeff Stehm and Joe Oehmke.