683 articles tagged with this keyword
News/crime
Ireland's Central Bank has imposed a €1.66m fine on Bank of Ireland (BoI) for a regulatory breach that saw one of its subsidiaries transfer more than €100,000 to a hacker that had illegally accessed a client's email account.
29 July 2020
News/people
Australian bank Westpac has appointed former ANZ technology chief Scott Collary to lead the consolidation of its technology and operations division.
28 July 2020
News/regulation
European Union officials have suggested that there will be changes in the supervision of fintech firms in the wake of the £1.8bn accounting scandal at German payments firm Wirecard.
27 July 2020
News/payments
As fully-digital customer experiences and faster funds transfer are now essential elements of business continuity and resiliency, it is clear that the global impact of Covid-19 is working to accelerate instant payments adoption.
24 July 2020
News/sustainable
A desire for standardisation of ESG data may be folly, according to Bruno Bertocci, head of sustainable equities at UBS Wealth Management.
20 July 2020
News/covid-19
The work has only just begun. Newfound’s inaugural Market Missions (virtual) event delved into the reality and opportunities faced by fintechs attempting to scale in the UK during Covid-19.
16 July 2020
A group of financial services companies have collaborated to detail what a bank of a zero-carbon world must look like, which they describe as the “triple-A bank of the future”.
03 July 2020
The benefits of implementing a cohesive instant payments system are manifold and well documented. As evidenced by the incoming European Single Market Infrastructure Gateway (ESMIG) and the need to integrate interoperable systems across Europe, the ability to access infrastructure that facilitates instant payments is vital.
The executive director of Green Digital Finance Alliance, a partnership between Ant Financial and the UN Environment Programme, has told Finextra Research about the mixed picture in being able to harness new technology to collect and tap into the data required to drive investment for sustainable goals.
30 June 2020
In the wake of Finextra Research’s SustainableFinanceLive event, Richard Peers of ResponsibleRisk spoke with Damian Payiatakis, head of impact investing at Barclays and David Newman, co-founder of software fintech Delio, to dissect their new impact investing platform, Impact Agora.
In a letter to the European Parliament dated 15 June 2020, Andrea Jelinek, chair, European Data Protection Board (EDPB) raises concerns over the UK’s endeavour to reach an ‘adequacy decision’ with the EU following the end of the Brexit transition period.
17 June 2020
SWIFT’s universal confirmation of payment deadline set for November 2020 means that firms have a clear window of opportunity to refine and implement SWIFT’s global payment initiative (gpi) for cross-border payments.
News/security
As the methods of cyber criminals evolve, so will their motives. With this in mind, we may see a change in the way society perceives the hacker as they embrace new aims beyond simple financial gain.
15 June 2020
News/crypto
Olaf Ransome, industry solutions adviser for Fnality, has shed light on the feasibility of wholesale central bank digital currencies (CBDCs), saying that the requirements of launching one are not within central banks’ specialisms.
12 June 2020
A former chief information officer and managing director at Credit Suisse, Jason Shane, has been recruited by rival Swiss bank UBS to become its head of technology for internal audit, compliance, regulatory and governance.
05 June 2020
A US federal banking regulator has called for public feedback on the use of cryptocurrencies ahead of what could be a change in the rules on digital banking.
Australian bank Westpac has blamed the failure of its anti money laundering (AML) processes on a mixture of technology and human error rather than any intentional wrongdoing, according to a report commissioned by the bank's former chairman Lindsay Maxsted.
04 June 2020
News/cloud
Financial institutions have the opportunity to enhance traditional governance processes by building a well-structured cloud service assessment from the ground up, to help demonstrate regulatory compliance when moving to the cloud.
22 May 2020
Request to Pay (R2P) services originally scheduled to launch later this year have been expected to play a major part in transforming the UK and EU’s payments ecosystem.
14 May 2020
Speaking at the Association of Corporate Treasurers’ International Treasury Week, Edwin Schooling Latter, director, markets and wholesale policy, FCA, said firms must push forward with LIBOR departure projects despite uncertainties regarding certain LIBOR linked loans.
13 May 2020
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