Tim Duncan Founder/CEO at FinTechCommons.org
The Private, Public and Impact Sectors Join Forces for AI for Good Close to 4,000 people are expected to attend the 2020 United Nations AI for Good Summit in Geneva. Senior executives from impact organizations and major companies and high-ranking government officials from around the world will gather in May to further the use of artificial intel...
27 February 2020 /regulation /inclusion Inclusive FinTech
Retired Member
The overhaul of the financial services industry in the post Great Financial Crisis (GFC) era has created a swathe of new rules and regulations for the regulators to monitor, and financial firms to adhere to. While such changes have presented firms with significant challenges, transforming how they operate and behave on a day-to-day basis, it has c...
25 February 2020 /regulation /cloud Banking Strategy, Digital and Transformation
Ivy Schmerken Editorial Director at FlexTrade Systems
With the proliferation of algorithms in currency markets and regulatory pressure to prove best execution, buy-side trading desks are adopting algorithms to source liquidity and lower trading costs in FX trading. “Adoption of algorithms and TCA has been growing on the buy side for the past ten years”, said Yue Malan, senior analyst, Aite Group durin...
24 February 2020 /regulation Capital Markets Technology
This is the third in a series of three blog posts which looks at how a digital finance transformation enables a future-ready finance department - one that can use data, technology and human talent to go beyond governance to provide commercial leadership to the business. In this series I outline how a digital finance transformation enables efficien...
21 February 2020 /regulation /cloud Banking Strategy, Digital and Transformation
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
The Basel Committee’s revised Pillar 3 framework of 2015 was intended to address shortcomings in the consistency and comparability of firms’ regulatory disclosures. Introducing standardised disclosure requirements under a tabular format for qualitative information and more granular disclosure requirements for quantitative information, the Committe...
12 February 2020 /regulation Banking Regulations
Niall Twomey Chief Technical Officer at Fenergo
In the previous blog, I examined the current compliance challenge and how e-KYC utilities can solve the age-old challenges of collection, validation and processing of customer data and documentation. In this blog, I look at the KYC utility models of the past and the three key learnings we can take from these experiments for the second coming of e-...
11 February 2020 /regulation Financial Transformation
Barley Laing UK Managing Director at Melissa
Time pressure and cost are two big issues faced by those in financial services as they seek to ensure compliance with a proliferation of new know your customer (KYC) and anti-money laundering (AML) regulations. One of those that recently became law is the Fifth Anti-Money Laundering Directive (5AMLD), with its focus on strengthening transparency ru...
10 February 2020 /regulation Digital Identity Management
Bernd Richter SVP - FIS Impact Ventures at FIS
Pension is known in the western world as income at age and what pays the bills, when one retires from his/her job life, what was put aside during work life. But not many actually understand how much is needed to be prepared for age or may be in false hope that state pension will be enough for a living. The EU recently progressed a Pan-European Per...
08 February 2020 /regulation /inclusion Trends in Financial Services
Vikas Seth Chief Product Officer at IDnow Gmbh
eIDAS and electronic signatures – A positive way forward for European organizations Electronic signatures have gained popularity over the years due to the level of convenience and security around this solution. With the introduction of the eIDAS regulation in July 2016, there has been a significant increase in their application and acceptance.
06 February 2020 /regulation Digital Banking Trends
Over the past few years, interest has risen in digital-first banking, blockchain technology, automation and the concept of digital banking profiles. And as we head into the 2020s, we’ll see further transformation in the industry and there is an exciting opportunity for banks to differentiate themselves in order to attract and retain deposits. Let’...
05 February 2020 /regulation /retail Disruption in Retail Banking
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