Tagged: guidelines

Regtech Sumsub Shares Transaction Monitoring Guidelines to Help Firms Combat Fraud, Remain Compliant

Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring “to provide a detailed picture of transaction monitoring as an integral part of the verification system.” The guide was “prepared… Read More

European Banking Authority (EBA) Releases Guidelines on Remote Customer Onboarding

The European Banking Authority (EBA) recently published its final Guidelines on the use of remote customer onboarding solutions. These Guidelines “set out the steps credit and financial institutions should take to ensure safe and effective remote customer onboarding practices in line with applicable anti-money laundering… Read More

Central Bank of Kuwait Issues Digital Bank Guidelines, Initial Approvals Promised in 2022

The Central Bank of Kuwait this week released guidelines for digital banks. They said this falls within its overall efforts to utilize the latest advancements to bolster financial stability, encourage innovation, and meet future economic needs. Governor Dr. Mohammad Y. Al-Hashel said guaranteeing the smooth operation… Read More

Patreon Update: Crowdfunding Platform Asks Creators to Flag Themselves As Adult Content For Any Mature Themed Projects

Last week, crowdfunding platform Patreon updated its Community Guidelines, which included that creators would flag themselves as adult content for mature-themed projects. The portal revealed: “We ask creators to flag themselves as Adult Content if they create any content that has mature themes such as sexuality or… Read More

Crowdfunding Norms Coming Soon To India; Sale Of Mutual Funds Through E-Commerce Platforms Under Discussion

In India, crowdfunding norms will soon be put into place to help entrepreneurs raise funds through crowdfunding, and discussions are underway to allow sale of mutual funds through e-commerce platforms, announced U. K. Sinha, chairman of India’s capital markets regulator, the Securities and Exchange Board of India (SEBI),… Read More

The Rise Of P2P Lending Companies Will Complement Conventional Banking: Soul Htite, CEO of Dianrong.com

  Recently, Soul Htite, co-founder and CEO of Dianrong.com, one of China’s fastest-growing peer-to-peer lenders, did a little debunking of P2P and conventional banking assumptions. In a recent exclusive interview with FinanceAsia, he noted, One of the common misconceptions of P2P lenders is that they go head-to-head with… Read More

In China, ‘Finding The Right Balance Between Financial Reform And Risk Prevention Will Be One Of The Most Important Issues Of Our Time’

  “Finding the right balance between financial reform and risk prevention will be one of the most important issues of our time,” writes Ruizhe Zhang of Dagong Global Credit Rating Co Ltd, in a recent China Daily op-ed on ECNS. Following the release of Internet finance guidelines… Read More

GoFundMe Under Fire After Updating Content Guidelines Following Abortion Campaign

San Diego-based crowdfunding platform, GoFundMe, known for allowing campaigns that range from paying medical bills to school funding, is currently under fire following the refusal to allow certain projects on its website. On Tuesday (September 9th), GoFundMe’s team took to the platform’s blog to announce… Read More

Kickstarter Continues To Get Flak For “Censoring” Pro-Life Projects, But Is It Warranted?

Kickstarter made headlines recently for what boils down to a disagreement between Kickstarter’s in-house curators and filmmakers producing a documentary about Dr. Kermit Gosnell. For those seeking more details, we broke down the situation in an earlier article. Kickstarter CEO Yancey Strickler has since rebutted… Read More

Kickstarter Bans GMOs In Wake Of Glowing Plant Campaign

A recent Kickstarter project that aimed to reward backers with seeds for glowing plants was very well funded, having raised over $450,000. These seeds were said to produce glowing plants that had been modified with genes from fireflies and bioluminescent bacteria. Thousands of people backed… Read More

Send this to a friend