Operational risk

376 articles tagged with this keyword

/Operational risk

Apac banks suspicious about fintech consortiums

A research paper has revealed a level of scepticism among Asia Pacific banks when it comes to joining forces with fintechs.

/Operational risk

Baille Gifford becomes member of Plato Partnership

Plato Partnership is pleased to announce the participation of Baillie Gifford in the not-for-profit industry company as a founding member.

/Operational risk

DLT still not mature enough says ECB

The European Central Bank (ECB) has stated that blockchain technology lacks the necessary maturity to be part of its market infrastructure.

/Operational risk

US regulator cites fintech as risk to banking system

Emerging financial technology poses a threat to US banks that are unable to compete with this developing field, according to an official report from the US Office of the Comptroller of the Currency (OCC).

/Operational risk

New 'secure' £1 coin to be released in March

The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.

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Guilty trader 'refuses' to turn over stolen software

An ex Goldman Sachs trader who stole software from his employer has disobeyed a judge's order to turn over the stolen intellectual property so that he can profit from it upon his release, a London court heard

/Operational risk

A third of London's City workers could face relocation in wake of Brexit - survey

Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.

/Operational risk

Blom Bank chooses Wolters Kluwer for op risk

Blom Bank the leading Lebanese bank, has chosen Wolters Kluwer’s OneSumX to provide it operational risk software solution.

/Operational risk

LME hit by second problem in a week

It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.

/Operational risk

MasterCard to apply for China payments licence - Reuters

MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.

/Operational risk

Thailand considers fintech regulation

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

/Operational risk

Artemis selects behavioural analytics software for compliance from Sybenetix

Leading UK-based fund manager Artemis has agreed a multi-year deal for Sybenetix’s end-to-end market abuse surveillance, case management and conduct management system.

/Operational risk

Worldpay's payments glitch rumbles on

UK payment processing firm Worldpay is experiencing ongoing problems issuing payments despite promising to work with clients to resolve the software issue.

/Operational risk

US lawmakers to investigate Fed's cyber security

A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.

/Operational risk

Singapore regulator proposes fintech sandbox

The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes.

/Operational risk

Australian banks suffer ATM problems after cloud service outage

Millions of Australian banking customers were unable to access ATM and Eftpos services on Sunday after severe storms on the east coast caused widespread damage, including a major outage at a cloud computing service used by several banks.

/Operational risk

Wall Street Blockchain Alliance launches certification programme

The Wall Street Blockchain Alliance (WSBA), in partnership with Positrust LLC, an industry leading technology company, has announced the unveiling of the WSBA Certification Framework (WCF).

/Operational risk

ECS delivers Splunk operational intelligence

UK-based IT services firm ECS today announced that it delivered Splunk’s real-time Operational Intelligence solutions to four of the UK’s largest financial services firms and a top three British retailer.

/Operational risk

Basel Committee issues proposed revisions to the operational risk capital framework

The Basel Committee has today issued for consultation proposed revisions to the operational risk capital framework.

/Operational risk

DataArt appoints Cliff Moyce as global head of its financial practice

Global technology consulting firm DataArt has appointed the seasoned financial services and capital markets executive Cliff Moyce to head up its rapidly expanding financial practice.