Latest Reporting/compliance News: Finextra Research

JPMorgan Chase CEO calls for Washington to rethink financial regulations

During a meeting with Republican lawmakers and other top bank CEOs on whether big lenders are ‘debanking’ certain customers, JPMorgan Chase CEO Jamie Dimon emphasised the need to step back and reassess the financial regulations governing the banking industry.

14 February 2025

News/sustainable

Why lack of action is the main biodiversity issue in financial portfolios

Previously, banks and members of the financial industry were either not aware or unsure of how to help when it came to biodiversity. However, that seems to be changing.

07 February 2025

Research/Reporting/complianceEvent Report

AI strategies for scalable, secure and compliant banking

07 February 2025 108 downloads

Research/Reporting/complianceImpact Study

Are you ready for CBPR+? Accelerating modernisation and efficiency through ISO 20022

05 February 2025 159 downloads

Company update/sustainable

Northern Trust aims to streamline Voluntary Carbon Market verification

Northern Trust (Nasdaq: NTRS) has announced a significant enhancement for the Voluntary Carbon Market (VCM) through the ability to generate digital voluntary carbon credits in near real-time on The Northern Trust Carbon Ecosystem™.

31 January 2025

Company update/markets

Infosys Finacle unveils new asset liability management solution

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an enterprise-wide view of all on-and-off balance sheet exposures. The solution enables banks to identify gaps, assess impact on net interest margin and liquidity, and take corrective actions, to better manage their funding and liquidity decisions.

31 January 2025

News/sustainable

Davos: Zumo releases MiCA readiness report

B2B assets platform Zumo has released a report from Davos on the industry’s readiness for the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation, focusing on sustainability requirements.

24 January 2025

News/regulation

DORA takes effect today

Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU.

17 January 2025

Company update/crypto

Boerse Stuttgart Digital receives EU-wide license under MiCA

Boerse Stuttgart Digital has become the first German provider of crypto asset services to receive an EU-wide license under the Markets in Crypto Assets Regulation (MiCAR).

17 January 2025

Long read/Reporting/compliance

Hamish Monk Senior Reporter at Finextra

How to comply with PSD3

14 January 2025

News/sustainable

EBA publishes final guidelines on ESG risk management

The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.

10 January 2025

News/sustainable

How ethical guidelines can improve climate research

For a while now, the financial services industry has understood its role within climate intervention. As a result, companies across the world in the financial sector have looked to become funders and to develop their ESG regulations, quickly and immediately. Yet in the speed to be compliant and sustainable, ethics can become lost from the conversation.

08 January 2025

Research/Reporting/complianceEvent Report

AI’s Role in the US Financial Services Sector

08 January 2025 262 downloads

Consumer Duty: How to go beyond compliance

Long read/Reporting/compliance

Hamish Monk Senior Reporter at Finextra

Consumer Duty: How to go beyond compliance

06 January 2025

Finextra TV/regulation

For Embedded Finance, Innovation & Compliance Can Work Hand in Hand

As we look to 2025, one area of Fintech focus that continues to gain interest is embedded finance. Renata Caine, General Manager, Banking as a Service, Green Dot Corporation, in a FinextraTV interview, shared her opinions on how this topic is evolving, as well supplying statistics on embedded finance’s investment trends from Green Dot’s own report. As a part of this conversation, Caine shares her belief that innovation is not at odds with compliance but hand in hand with it.

18 December 2024

News/sustainable

Hong Kong launches roadmap for sustainability reporting

The Hong Kong government has revealed a roadmap to implement International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across public entities by 2028.

13 December 2024

How the FCA’s proposed safeguarding rules could re-shape the UK payments industry

Long read/Reporting/compliance

Olivia Murphy Managing Associate at Linklaters

How the FCA’s proposed safeguarding rules could re-shape the UK payments industry

05 December 2024

Company update/ai

GenAI and LLMs embraced by nearly half of financial firms to enhance data-driven risk management

A recent survey conducted by ORX, involving some of the largest banks and insurance companies worldwide, revealed almost half (45%) of financial firms are using at least one of the mainstream genAI assistants to enhance their data-driven risk management strategies. The same number of firms are planning to implement operational risk applications focused on Large Language Models (LLMs) within the next 18 months.

04 December 2024

News/crime

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have revealed flaws in the European Parliament’s unprecedented extension of liability beyond payments services providers (PSPs) to online platforms and electronic communication service providers, such as telecom operators, who would also have to refund victims of impersonation fraud.

04 December 2024

News/crime

5 most common fraud methods in 2024, according to AIB

‘Smishing’ accounts for 94% of all fraud cases from January to October this year.

04 December 2024