Pipe的动态

Move fast and build stuff the right way!!

I had a chance to share my thoughts in Compliance Week. Take a look and let me know what you think:?https://lnkd.in/gqvSnj7q Compliance Week How fintechs can overcome major compliance hurdles in embedded finance Margaret Holmes Tibbets, chief compliance officer at financial technology company Pipe, explains how firms are facing an existential compliance crisis, and to survive they'll need to overcome not one but two hurdles.?(64 kB)

Compliance is no small or simple task. As the fintech industry grows and opportunities abound, the complexities and challenges increase as well. https://lnkd.in/gHct4JnR #fintech #fintechcompliance #regulations #investmentmanagement #banking #software #empaxis

As an ex-FCA Supervisor, Thistle Initiatives Anthony Corner talks about what lies beyond the bare essentials of regulatory compliance. These are very important considerations, and will give your business the best chance of regulatory reslience.

In the ever-evolving regulatory landscape, payment services and e-money firms must go beyond simply meeting the Financial Conduct Authority (FCA) requirements if they are to ensure compliance and stability. Here are some essential strategies to thrive: 1. Capital Reserves: Exceed the FCA’s minimum requirement to signal robustness and avoid unwarranted scrutiny. 2. Safeguarding Accounts: Expedite by securing a bank’s intent letter before authorisation. 3. Competent Leadership: Ensure your team has proven industry expertise. 4. Local Accountability: Key decision-makers should be UK-based for better compliance. 5. Outsourcing: Keep strategic decisions in-house while outsourcing non-core functions. 6. Adapt to Case Officers: Flexibility in dealing with individual styles can smooth interactions. 7. Automation: Implement scalable automated processes to maintain efficiency. By adhering to these unspoken rules, your firm can navigate FCA regulations effectively, fostering resilience and growth. ????? Read the full blog here for more details: https://hubs.la/Q02KqxMR0 #FCA #Compliance #PaymentServices #EMoney #Fintech #Regulations #FinancialServices #Leadership #Automation

The role of technology in shaping efficient regulatory compliance https://buff.ly/3VywWmG #FinTech #FinServ #Banking #RegTech #Regulation

Leveraging compliance for competitive advantage in finance In today’s rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market. https://buff.ly/4eblT8U #FinTech #FinServ #Banking

In the fast-paced fintech environment, waiting to address compliance issues as they occur is too risky. Fintechs need to adopt a proactive compliance strategy that anticipates potential issues and integrates preventative measures from the beginning. This approach doesn’t just mitigate risks, it also builds stronger relationships with regulators and customers, who see compliance as a sign of reliability and trustworthiness.

Keeping up with evolving regulations is tricky for trading firms. Automated dealing platforms offer built-in compliance capabilities that adjust as rules change. They also generate detailed audit trails, so you have perfect documentation when regulators come calling. For any firm struggling with compliance, automated dealing is a game-changer. #SecuritiesFinance #SecuritiesLending #RegTech #Compliance #AuditTrail #AutomatedDealing #Fintech #Innovation?#Wematchlive

A recent report highlights that the majority of US banks are grappling with compliance issues related to embedded finance. As financial services evolve, integrating finance seamlessly into non-financial platforms opens new revenue streams but also introduces complex regulatory hurdles. Compliance in this space demands forward-thinking strategies, robust frameworks, and a clear understanding of how regulations interact with innovative financial products. For banks, the balance between innovation and compliance will define their success in the embedded finance revolution. How is your organization preparing for this shift in the financial landscape? #EmbeddedFinance #BankingInnovation #Compliance #Fintech #Regulation