Operational risk

News/regulation

EU Parliament in favour of tougher rules for AI Act

The European Parliament lawmakers reached agreement on a strict set of rules on AI use in the EU to rein in AI systems and ensure transparency and security.

12 May 2023

Research/Operational risk

The Future of Regulation, Risk Management, and Compliance 2023

21 April 2023 994 downloads

Research/Operational risk

The Future of Fintech in the UK 2023

13 April 2023 686 downloads

News/wealth

UK government announces delay to Pension Dashboard initiative

The UK's wealth management and pensions industry has expressed its disappointment at the announcement of a delay to the much anticipated Pensions Dashboard project

03 March 2023

News/security

Central Bank of Ireland blocks staff use of ChatGPT

Ireland's central bank has become the latest financial institution to ban its employees from using the artificial intelligence (AI) chatbot ChatGPT.

03 March 2023

News/people

N26 chief risk officer quits

German digital bank N26 has lost its third senior executive in a year, with chief risk officer Thomas Grosse leaving for personal reasons.

03 March 2023

Research/Operational risk

Sustainable Finance Live - Enabling positive change through innovation and collaboration

31 January 2023 398 downloads

News/regulation

Top banks back $24 million round in operational risk fintech Acin

A consortium of top US, European and UK banks have backed a $24 million Series B round in operational risk network Acin.

16 December 2022

Finextra TV/Sibos

Innovating for bank differentiation

Jussi Lindberg, CCO, Banking Circle joins FinextraTV at Sibos 2022, to reflect on the strategies adopted by banks to keep up in the race for payments innovation, the challenges that de-risking continues to present, and how partnerships can help banks deliver better, more accessible solutions to their corporate customers.

31 October 2022

News/crime

EBA publishes fraud taxonomy

The Euro Banking Association (EBA) has made its payment fraud taxonomy available to the public in a bid to curb the rising threats to the European payments system.

28 October 2022

Research/Operational risk

Banking as a Service: Predictions for 2023

20 October 2022 1002 downloads

News/regulation

Bunq wins AML case against Dutch Central Bank

Dutch challenger bank Bunq has hailed a "landmark" verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes.

18 October 2022

News/payments

PayPal to ride out social media backlash over misinformation policy change

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.

14 October 2022

Research/Operational risk

The Future of ESGTech 2023

12 September 2022 800 downloads

News/people

ICMA appoints first fintech head

The International Capital Market Association (ICMA) has named Georgina Jarratt as its first ever head of fintech and digitalisation in recognition of the growing influence of digital technology on capital markets.

05 September 2022

News/crime

UK orders crypto exchanges to report sanctions breaches

Crypto exchanges operating in the UK will face more reporting requirements over sanctions breaches under new rules introduced in the wake of Russia's war in Ukraine.

05 September 2022

News/crypto

Crypto-crime revenue drops by 65% - report

Revenue derived from cryptocurrency-related crime is down by 65% in the first half of 2022 compared to the corresponding period in 2021.

22 August 2022

News/regulation

FCA fines Citi £12.5m for trading oversight failings

The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity

22 August 2022