Reporting/compliance

1646 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Swift Community Update: Technology evolution - delivering the Swift platform

/payments

Swift Community Update: Technology evolution - delivering the Swift platform

Sending payments across borders takes high levels of collaboration, communication, and trust.

How the cloud adds value to open banking business models and strategy

/cloud

How the cloud adds value to open banking business models and strategy

While open banking was initially regarded by many as a typical compliance exercise, following the implementation of the Second Payments Services Directive (PSD2), banks are now shifting gears and going beyond the regulatory requirements by leveraging the benefits of open APIs to cater to customer needs and innovate open banking business models.

ECB blames third-party network device for Target2 collapse

/payments

ECB blames third-party network device for Target2 collapse

The European Central bank has blamed a software defect at a third party technology provider for an outage that downed the Target2 settlement system for almost 11 hours on Friday.

No rivalry between public and private digital currency solutions – European Commission

/payments

No rivalry between public and private digital currency solutions – European Commission

During the ‘Retail Payments Strategy’ webinar held Wednesday , the European Commission’s Eric Ducoulombier, head of retail financial services and payment unit, spoke to the subject of digital currencies and the future of a digital euro.

ECB monitors cyber resilience in face of Covid-19 threat actors

/crime

ECB monitors cyber resilience in face of Covid-19 threat actors

Appearing at Sibos 2020, Fiona van Echelpoel, deputy director general, ECB, dove into the biggest cyber threats facing financial services as the Covid-19 pandemic continues to unfold.

Sibos 2020: Defining sustainable finance and ESG, beyond climate action and the environment

/sustainable

Sibos 2020: Defining sustainable finance and ESG, beyond climate action and the environment

As wildfires, hurricanes, social and economic unrest and the pandemic play out across the global stage, the final of day of Sibos 2020 focuses on banking for humanity, the impact of ESG and the triple bottom line as a driver for sustainable business.

Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

/retail

Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

Jesse McWaters, Mastercard’s vice president of global digital public policy, believes the way people think about Big Tech companies entering financial services are mistaken.

Sibos 2020: Is 'Ransomware-as-a-Service' a symptom of innovation?

/crime

Sibos 2020: Is 'Ransomware-as-a-Service' a symptom of innovation?

Drilling down into the biggest threats facing financial services during Covid-19, industry heavyweights provide their perspectives on the changing face of cyber threats and where our biggest vulnerabilities reside during day 3 of Sibos 2020.

Sibos 2020: Women, internal hiring and escape rooms may solve the cyber resource problem

/security

Sibos 2020: Women, internal hiring and escape rooms may solve the cyber resource problem

In a fast paced and solution-oriented presentation, Lucy Kerner, senior principal global cybersecurity evangelist and strategist, Red Hat, outlined a clear set of goals financial institutions can and should work toward in order to address cyber security weaknesses for ‘The cyber resource problem – is it totally unsolvable?’ on day 2 of Sibos 2020.

2010 revisited: Banks have learnt how to not leave their customers behind

/payments

2010 revisited: Banks have learnt how to not leave their customers behind

As Sibos 2020 continues, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

Sibos 2020: Rethinking compliance for friction-free payments

/payments

Sibos 2020: Rethinking compliance for friction-free payments

A handful of topical areas were canvassed in the ‘Friction or fiction: compliance in a real-time world’ panel session on day one of Sibos 2020’s virtual event. While there has been significant innovation in domestic and global payments, financial institutions still play a critical role in the global payment process.

Renewable energy not as prominent in cryptocurrency mining as previously claimed

/crypto

Renewable energy not as prominent in cryptocurrency mining as previously claimed

The prevalence of renewable energy in cryptocurrency mining is being driven by hydroelectricity, according to a study by the Cambridge Centre for Alternative Finance (CCAF), but APAC’s cheap coal-powered energy is what sets it apart from other regions.

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

/cloud

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

EU proposes first set of rules for crypto assets

/crypto

EU proposes first set of rules for crypto assets

The European Union has taken a major step forward in its bid to regulate the crypto assets world after its executive branch issued its most extensive proposals to date for supervising the growing sector.

Why Railsbank wants to make lemonade from the Wirecard fiasco

/regulation

Why Railsbank wants to make lemonade from the Wirecard fiasco

Could the purchase of Wirecard Card Solutions (WCS) by Railsbank be the perfect opportunity to drive regulatory change? Railsbank founder and CEO Nigel Verdon thinks so, but stability must come first.

/regulation

Profile Software upgrades RiskAvert

Profile Software, an international financial solutions provider, announced today the release of the new updated version of RiskAvert 3.0, in order to accommodate the increasing needs of the industry in the area of Capital Adequacy and Risk regulatory framework.

/covid-19

Indian crypto exchange submits sandbox draft proposal

Amidst early rumours of a Second crypto Ban, the Indian crypto industry has prepared a Draft Sandbox for Blockchain & Cryptocurrency Regulations in India

Westpac hit with record fine for AML breaches

/crime

Westpac hit with record fine for AML breaches

Australian bank Westpac has become the latest institution to fall foul of anti-money laundering rules after it was slapped with a record fine of A$1.3bn ($0.9bn) by the Australian regulator.

Deutsche Börse to sell reporting biz to MarketAxess

/markets

Deutsche Börse to sell reporting biz to MarketAxess

Fixed income trading platform MarketAxess has struck a deal to buy Deutsche Börse's regulatory reporting business. Financial terms were not disclosed.

/crime

AML vendor SmartSearch opens US office

Leading UK anti-money-laundering (AML) firm SmartSearch has opened its first office in the USA just two months after starting operations across the Atlantic.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept