Reporting/compliance

News/payments

Crafting a unique instant payments business case by shifting mentalities

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

ESG standards: No silver platter of harmonised data

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

Scaling in London during Covid-19: What to know and how to leverage it

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

News/sustainable

ABN Amro imagines the Triple-A bank of the future with Climate Safe Lending network

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

News/payments

Capitalising on Eurosystem changes to bolster instant payments

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.

03 July 2020

News/sustainable

More maturity needed from AI, DLT and IoT to power sustainable finance data

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

News/sustainable

Barclays drives impact investing through digital marketplace

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.

30 June 2020

News/regulation

EDPB casts doubt over GDPR adequacy decision for the UK

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

News/payments

Outsource and collaborate for streamlined SWIFT gpi migration

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.

17 June 2020

News/security

How does society perceive the hacker in 2020?

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

Fnality adviser: Wholesale CBDCs need more than just a central bank

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

Research/Reporting/compliance

Instant Payments: Why Covid-19 is Bringing the Roadmap Forward

11 June 2020 639 downloads

News/people

UBS poaches Credit Suisse IT exec

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

News/regulation

US regulator signals change to digital banking rules

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.

05 June 2020

News/regulation

Westpac blames technology and human error for AML failure

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

Using governance to accelerate cloud migration in financial services

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

News/payments

Will SCA delays stall Request to Pay’s momentum?

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