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Its not uncommon in the world of finance for accountants to encounter challenges related to an evolving discipline for which no accounting standard would have explicitly existed earlier. One example i...
“Only Fools will believe something that's not available in hand as currency” most of the people’s mindset about the cryptos currency until 2014, but right after Bitcoin showed the world what is the re...
As Christmas Day fast approaches, many of us will be frantically last-minute shopping to ensure a Christmas to remember, not least after last year’s lockdown Christmas. Typically, UK households spend ...
According to UK Finance, there was an 84% surge in “impersonation scams” at the start of the pandemic as fraudsters looked for ways to capitalise on COVID-19. With our financial lives now heavily onl...
With the constant barrage of news related to Covid-19, it is sometimes easy to forget about the complex geo-political world we live in and the difficult and seemingly intractable problems that fill i...
Address verification is often viewed simply as a practice that improves the accuracy of direct mail. However, it offers much more than that to the financial services industry that’s facing a number of...
Thirteen years ago, an anonymous person or entity named Satoshi Nakamoto published the iconic Bitcoin whitepaper. The whitepaper, which comprised only nine pages, contained enough to change the world,...
For the global finance industry, changes in the business environment have created tremendous opportunities and unique challenges. The advent and broad adoption of cloud computing technology has allowe...
Trade finance supports the movement of goods around the world. It is underpinned by a parallel exchange and review of documents, from letters of credit to bills of lading. While some parts of the supp...
Since the early 2000s, several industry and government agencies have expanded their compliance rules that address companies’ risk management plans, policies, and procedures. Image: What to Know: Sup...
The global cost of financial crime compliance is estimated to be $213.9bn, according to Lexis Nexis’ Global Cost of Compliance 2020 report, up from $180.9bn the previous year. And this is expected to ...
The 1980s brought us the first space shuttle, personal computers, the Internet, and the dismantling of the Berlin Wall. But that’s not all. Did anyone else feel just a hint of nostalgia when the Assoc...