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Ripple Comments on Mark Carney’s Speech on Fintech Regulations
Danny Aranda, managing director Europe, Ripple comments:
“We strongly agree with Mark Carey’s comments that innovation in fintech, especially when in collaboration with banks, can provide next generation products that go a long way to unlocking financial inclusion and better meet the needs of customers.
“However, despite continuous innovation in the FinTech industry, the risks it poses are not new. Managing these risks has always been and remains of utmost importance. As a financial industry, we have a well-founded principle-based framework for mitigating risk that is a natural starting point for this discussion. We believe it is the responsibility of the whole industry to ensure that risk is always considered in the development and refinement of new and existing products.
“We’re grateful that Mr. Carney has drawn attention to this issue once again and it is important to continuously remind the industry that it is through maintaining the highest of standards that fintech’s potential will be fully realised.”
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Finnovex Saudi Arabia 2025 – Post-Show Highlights
The curtains have just come down on another remarkable edition of Finnovex Saudi Arabia 2025, and the energy from Riyadh is still reverberating. Over the course of two dynamic days, industry leaders, innovators, regulators, and disruptors came together to chart the future of banking and financial services in the Kingdom.
Modernising Payments: How Are Banks in EMEA Shaping Up? | Part 3 | Volante Technologies
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Building True Resilience in the UK Payments Ecosystem | Part 7 | Bottomline
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns
More than half (59%) of Brits admit that they’ll use AI to help with their tax return
Tuum and Abwab.ai Partner to Deliver End-to-End SME Lending Solutions in the Middle East
Tuum has partnered with Abwab.ai to deliver an end-to-end digital lending solution for SMEs across the GCC
Tuum Powers Bank CenterCredit’s Digital Transformation, Setting a Blueprint for BaaS and Core Modernization in Global Banking
Tuum has been selected by Bank CenterCredit (BCC) to power its new Banking as a Service (BaaS) proposition
GFT’s Generative AI Credit Risk Assistant to Inform Major Lending Decisions
GFT Technologies announced its work to launch a generative AI powered credit risk assistant in the U.S.