Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
RBI steps up play in us treasuries, other securitiesIn a strategic pivot, the Reserve Bank of India has cut down its deposits with other central banks and is now channeling more resources int...
UK targets illegal crypto trading in London crackdownWorking with tax officials and police under money laundering and terrorist financing regulations, the FCA said it had issued cease and de...
Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
UK financial watchdog to consult on proposed crypto regulationsBritain's financial watchdog is seeking public input on new crypto regulations. These rules will cover crypto trading platforms, dealing, s...
UK financial regulators rush to assess risks of Anthropic's latest AI model: ReportUK financial regulators are holding urgent talks with the government's cyber security agency and major banks to assess risks posed by th...
Wipro steps up dealmaking with Olam: Here are its other acquisitionsThe dealmaking is aimed at bolstering its capabilities in engineering, consulting, and AI-led services amid a muted demand environment.
Britain's FCA defends Palantir contract award before lawmakersBritain's Financial Conduct Authority awarded a contract to US firm Palantir to analyze internal data for financial crime. However, an FCA ...
Meta vowed to stop illegal financial ads in Britain; it failed 1,000 times in a weekBritain's Financial Conduct Authority found that during one week in November, 1,052 ads for currency trading and certain complex financial ...
Crispin Odey banned by FCA, fined £1.8 million for obstructing misconduct investigation in hedge fund scandalCrispin Odey, the hedge fund manager, has been banned from the UK financial sector and fined £1.8 million by the Financial Conduct Authorit...
UK watchdog fines Coinbase's CB Payments for poor controlsThe FCA said on Thursday that CBPL, a gateway for customers to trade cryptoassets within the global Coinbase Group, voluntarily agreed in O...
UK watchdog fines consumer credit rater Equifax $13.4 million for role in cyber breachThe Financial Conduct Authority (FCA) said that in 2017 Equifax's parent company, Equifax Inc in the United States, was subject to one of t...
FCA may bring back Fiat cars to IndiaThe Fiat brand was an “active” part of FCA India’s portfolio and the company has not closed the door on a Fiat car for India, according to ...
FCA to develop core digital technologies in-house, invest $150 million in Hyderabad tech hubCalled FCA ICT, the global digital hub will focus on robotic process automation, artificial intelligence, data analytics, machine learning,...
FCA to invest $150 million to set up Global Digital Hub in HyderabadFCA ICT India will create nearly 1,000 new cutting-edge technology jobs by the end of 2021 and has plans to increase hiring over the next t...
FCA India aims to expand used car businessThe automaker had introduced a pilot operation of SELECTEDforYOU in Delhi, Mumbai and Hyderabad in 2019 and will now plan to scale it up ac...
Fiat Chrysler India asks employees to work from home amid coronavirus outbreakFCA, which operates from three locations in India – Corporate Office in Mumbai, an Engineering office in Pune and the main Engineering Cent...