Tag: Fintech
Brazil: Regulator launches another fintech probe
Brazil’s competition authority is investigating whether Bradesco, one of the country’s largest banks, broke competition rules by restricting a financial management app from accessing...
Brazil: Regulator probes banks over competition hurdles to fintech
Brazil’s antitrust watchdog Cade is investigating four banks in the country for allegedly creating competition hurdles to digital banking newcomer Nubank, reported Reuters.
Cade said...
China: People’s Bank Of China to regulate FinTech
The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in...
Regulatory Sandbox and Competition of Financial Technologies in Taiwan
Regulatory Sandbox and Competition of Financial Technologies in Taiwan By Andy C. M. Chen (Chung Yuan Christian University)1
Financial technology, or “FinTech” for short, has...
EU: Commission targets big tech’s FinTech moves
Moves on the part of Amazon and Google to enter the financial services market are prompting European financial regulators to mull whether or not...
Brazil: Watchdog eyes Brazil’s credit card industry on Nubank complaint
In Brazil, the antitrust watchdog, CADE, is looking into the credit card industry, with an eye on possible anticompetitive practices.
The investigation comes, Reuters reports,...
UK: FCA wants global effort to speed up fintech innovation
Christopher Woolard, the UK’s Financial Conduct Authority (FCA) Executive Director of Strategy and Competition, delivered a keynote speech on March 19 at the Innovate...
EU: New rules increase competition and security between banks and fintech,...
The European Commission approved rules on Monday, November 27, to increase competition and toughen up security in how people pay for goods and services...
EU: New EC rules could enable banks to increase their software...
With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen.
According to a news report in...
UK: Regulator signs fintech co-operation deal with Hong Kong equivalent
The Financial Conduct Authority, a UK regulatory body, has entered into a co-operation agreement with the Securities and Futures Commission, its equivalent in Hong...
