Financial Risk Management

This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.

Thomas Pintelon Head of Strategy at Capilever

The best way to regain your customer’s trust

After the late-2000s (2007-2008) banking crisis, trust of consumers in the banking sector reached an all-time low. While bankers were perceived as a trusted and respected personal advisor a few decades ago, this image has significantly deteriorated, with a steep drop following the financial crisis. Recent years banks have regained some of the trus...

29 January 2020

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

How Lenders Can Reduce Compliance Risk For Unfair, Deceptive Or Abusive Practices UDAAP

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept has long been baked into American lending practices. But the Dodd-Frank Wall Street Reform Act of 2010 saw another significant expansion of the governi...

02 December 2019 /wholesale /inclusion

Thomas Pintelon Head of Strategy at Capilever

Can banks help to fundamentally redefine our notion of trust?

Trust is the glue that holds society together. Historically we trusted people in our local community. Later this evolved to a centralized trust in large corporations and institutions, but recently this has shifted towards a more distributed trust, meaning that we sometimes need to place our faith in complete strangers. With a growing number of onl...

21 November 2019

Thomas Pintelon Head of Strategy at Capilever

Banks that can help reduce financial risks in a user-friendly way can compete with any Tech player

Banks are technology companies with a banking license ! This claim and similar claims can be read more and more in articles on trends in the financial services sector and is often used as an argument that banks will soon be replaced by Fintechs and Silicon Valley tech giants. It is certainly true that IT is crucial for a bank and its importance ca...

24 September 2019

Retired Member 

Telco Subscription Fraud: A Disappearing Act

Ever wondered how great magicians can trick us into believing things which aren’t quite true? From David Copperfield’s flying illusion to one of Penn & Teller’s card tricks, they all have one thing in common: misdirection or the art of deception. Fraudsters, like magicians, are crafty individuals who use a series of techniques to appear as legi...

15 August 2019 /ai

Retired Member 

Preventing Payments Fraud in a Flash

Financial services, and payment systems in particular, continue to transform at a great pace. Such transformation, and the speed with which money can now move, provides consumers of financial services with more choice and greater convenience. As transaction speeds increase and real-time payments proliferate, efficiency, flexibility and a clear un...

23 July 2019 /security /payments

Steve Dourdil Business Development at Kerv Collaborate

Removing Data Silos and Costs as Barriers to Effective Voice and eComms Surveillance

The Need for Effective, Holistic Compliance Monitoring and Surveillance In a perfect world, financial regulators would exist solely to define the policies and procedures needed to protect consumers, with compliance departments acting in a purely advisory role to help firms apply these principles according to their own unique requirements and str

19 July 2019 /regulation /crime

Justin Lyon CEO at Simudyne

Are we hard-wired to herd?

A 2017 report by Investment Technology Group projected that electronic equity execution in the US and Europe would grow to around 57% and 55% respectively in 2019, up from 48% and 50% in 2015. But as the market for execution grows so does the competition. The sell-side is under constant pressure to provide services to attract clients, from trading ...

17 June 2019 /ai

Peter Davidson Business Consultant at Self Employed

The Current State of the Israeli Real Estate Market

The current state of the Israeli real estate market is perhaps best described as ‘volatile’, not because of whipsaw activity in supply and demand, but because future demand is expected to severely outpace the government’s ability to remedy the housing situation. According to the president of the IBA (Israel Builders Association), Raul Srugo, Israe...

04 June 2019 /regulation

Dalia Masad Group Marketing Manager at EastNets

How FIs Can Arm Themselves Against a New Era of Cyber-attacks

With financial crimes at an all-time high, the tactics used to commit these crimes have become increasingly more diverse and sophisticated. And of all the various forms of fraud being committed today, those committed through cyber-attacks are proving to be some of the most difficult to tackle – to say nothing of the adverse impact on banks’ reputa...

30 April 2019 /security