Tagged: ey

October 18, 2023 @ 1:05 pm By JD Alois  |  

Uplinq Financial Technologies is partnering with EY Canada to provide “fair and ethical credit” to SMEs via its credit decisioning platform. Mario Schlener, Partner and EY’s Lead Risk Consulting for Canada and Global FS Risk Technology, Alliance, Innovation, said the partnership with provide small business… Read More

May 15, 2023 @ 12:10 pm By JD Alois  |  

Last week, EY Canada posted a status report on Quadriga – a Canada-based crypto exchange that fell into chaos after the founder died, leaving keys to accounts missing and many questions. It was eventually determined that over CAD $300 million in assets were claimed by… Read More

April 25, 2023 @ 11:17 pm By Omar Faridi  |  

The EY organization announces an alliance between FintechOS, a financial technology company, and Ernst & Young SRL (EY Romania) “to simplify and support the launch and service of banking and insurance products and support detailed transformation journeys through innovation, business knowledge and the implementation of FintechOS’… Read More

April 3, 2023 @ 9:15 am By JD Alois  |  

The spectacular collapse of Wirecard, once Germany’s largest Fintech, still reverberates within the country. While different pieces and parts have been sold off to various firms, the collateral damage continues, and new information continues to emerge. Today, EY – once the auditor of Wirecard, has… Read More

January 5, 2023 @ 10:26 am By Omar Faridi  |  

EY has today announced plans to establish a new Business Research Innovation Technology and Engineering (BRiTE) Hub in Bristol, as it looks “to ramp up capabilities in financial services design, data analytics and engineering to create practical and tangible solutions to some of the big… Read More

December 18, 2022 @ 10:42 pm By Omar Faridi  |  

The EY organization announced an alliance between TaxBit, a tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) “to help organizations meet tax reporting requirements for digital assets.” Regulators are starting “to… Read More

October 18, 2022 @ 7:22 am By Omar Faridi  |  

EY reveals that it has further expanded its tech ecosystem with the introduction of a business transformation platform, EY Nexus, which is enhanced for financial services and developed for quick deployment of new products and solutions. The introduction of EY Nexus marks a key milestone,… Read More

July 12, 2022 @ 11:41 pm By Omar Faridi  |  

More than 90% of UK consumers with a retirement saving pot have said they would “consider using a digital dashboard to get a consolidated view of their total pensions, savings and investments.” This, according to a report by TISA (The Investing and Saving Alliance) and… Read More

May 12, 2022 @ 10:59 am By Omar Faridi  |  

The EY organization recently announced the production release of the third generation of EY Blockchain Analyzer: Reconciler. This updated version has been “migrated into blockchain.ey.com and is now available for the first time to EY non-audit clients and continues to support the EY Audit teams.”… Read More

May 8, 2022 @ 12:13 pm By JD Alois  |  

EY’s Entrepreneur of the Year – New York,  list of finalists has been posted and multiple Fintech founders are on the list. Kendrick Nguyen, CEO and founder of Republic is on the list. Republic has delivered a stellar year having raised money, purchased an international… Read More

March 7, 2022 @ 6:56 pm By JD Alois  |  

EY and Deloitte have joined their main competitors KPMG and PWC in exiting operations in Russia due to its invasion of Ukraine. EY explained in a series of tweets that it would continue to support its colleagues with financial support and more while ceasing operations…. Read More

November 22, 2021 @ 8:04 am By Omar Faridi  |  

Peru’s Fintech sector has been expanding at a steady pace during the past few years. There are at least 171 Fintechs operating in the country, as of September 2021. These numbers represent a sizable 16% increase from last year, as well as a yearly growth… Read More

October 10, 2021 @ 7:44 pm By Omar Faridi  |  

Big Four auditing firm EY reveals that two new partners have been added to its Banking Technology Consulting practice as the company responds to growing market demand and invests in growth. The senior appointments come as the practice – which provides digital transformation services to… Read More

September 17, 2021 @ 9:12 am By Omar Faridi  |  

EY, an international consulting and tech firm, is working with Polygon on developing and implementing scaling and enterprise services for the Ethereum (ETH) ecosystem. As part of this collaboration, EY and Polygon will be working cooperatively on Polygon Nightfall, a public, privacy-oriented Rollup. EY will… Read More

August 4, 2021 @ 5:01 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) this week charged accounting firm Ernst & Young LLP (EY) along with one current and two former partners with improper professional conduct for violating auditor independence rules in connection with EY’s pursuit to serve as the independent auditor for… Read More

July 15, 2021 @ 11:08 am By JD Alois  |  

The United Kingdom has long been a top global Fintech hub – a title it is keen to maintain. The combination of a pretty supportive policy environment, a market economy, and a risk-taking entrepreneurial class, has fueled a Fintech boom. More recently, Brexit has challenged… Read More

July 4, 2021 @ 4:33 pm By Omar Faridi  |  

Big Four auditing firm Ernst & Young (EY) has contributed a zero-knowledge proof (ZKP) layer-2 protocol into the public domain in order to help with addressing rising transaction costs on the Ethereum (ETH) blockchain network, the world’s largest smart contract platform. The protocol has been… Read More

March 3, 2021 @ 1:02 am By Omar Faridi  |  

Australia is currently home to at least 733 active Fintech firms, up considerably from 629 back in September 2019, according to the KPMG Fintech Landscape 2020 map. This represents an increase of 104 firms that joined the nation’s financial technology industry between September 2019 and… Read More

December 11, 2020 @ 11:00 am By JD Alois  |  

Wirecard, the Fintech that deserves the award for the most spectacular fraud and ensuing collapse of 2020, continues to earn headlines for the financial disaster. It was recently reported that Deutsche Bank’s head of accounting was compelled to temporarily step aside due to his involvement… Read More

November 23, 2020 @ 10:42 pm By Omar Faridi  |  

The HM Treasury has stated that it’s ultimately the responsibility of lenders, and not necessarily the nation’s government, to recover debts under the different COVID-19 loan schemes and packages. The UK government’s four main business support schemes, which includes the Coronavirus Business Interruption Loan Scheme… Read More