4458 Results from /regulation
Farah Miller CEO at Helixtap Technologies
Does Size Matter? There is a fundamental shift in how trade finance is taking place, with the use of data-driven decision-making to support more democratic access, beyond company size. Trade finance’s traditional focus has been that the larger the company, the easier the access to finance and borrowing terms based on balance sheets. This supporte...
18 May 2021 /regulation /inclusion Trends in Financial Services
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
The pace of digitization has increased the need for embracing the cloud for nimble management of scalable operations. 68% of IT practitioners say they are using the cloud to store most of their data. A financial service provider has to choose the right data protection technology to un-lock the perceived data-capital for business growth and operatio...
17 May 2021 /regulation /cloud Cloud Banking out of the Box
Alastair Rutherford MD at ASCENDANT STRATEGY LTD
On the 29th March 2021, the UK supervisory authorities publicised the final policy statements surrounding operational resilience. These had been in the pipeline since 2018, when the original discussion paper was published, and ends an extensive period of consultation across the industry. The objective had been to find a common set of standards acr...
14 May 2021 /regulation /wholesale Operational Risk Management
Retired Member
The EU’s new Sustainable Finance Disclosure Regulation (SFDR) regulations are here, and they signal future change for the rest of the world. The Sustainable Finance Disclosure Regulation, considered by the European Commission as the basis of their action plan on sustainable finance, came into effect on 10th March 2021. Aiming to trigger behavio...
10 May 2021 /regulation
Remote or hybrid working is the new norm, but it can be a bit of a nightmare for compliance officers. As the UK emerges from lockdown many businesses are going back to work. However, this is not a complete return to normal. Business has changed. It is going “hybrid” with many people expecting to work from home at least part of the time. According...
05 May 2021 /regulation
Justin Bercich
The first 100 days of the new US Administration are upon us, and while focus of the news cycle has been targeted on the response to COVID-19, there has been signficiant progress in the fight against money laundering. The start of 2021 saw the enactment of the Anti Money Laundering Act – the first major piece of AML legislation passed since 2004. Ex...
30 April 2021 /regulation /crime Artificial Intelligence and Financial Services
Dmitrii Barbasura Chief Operating Officer at Fintech Galaxy
Open banking comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end-customers over their financial data and payments. To facilitate the adoption of open banking, several API standards incentives were created includin...
28 April 2021 /regulation /retail Banking Regulations
Austin Talley Founder and CEO at Everyware
When it comes to making important decisions that streamline the services you provide to customers, security is often the first measure that requires special attention. Text messaging as a communications and payment solution is rapidly being adopted across every industry – from restaurants and pharmacies to nonprofits, utility providers and beyond ...
27 April 2021 /security /regulation
In the finance world, everything’s gone digital. If you’re still trying to verify customers’ identity by asking where they lived ten years ago, or making them jump through manual hoops like sending small “test” transactions to verify a linked account, you’re falling behind. How you verify identifications and authenticate customers has a big impact...
27 April 2021 /regulation /identity Banking Strategy, Digital and Transformation
Brittany Garland Executive Director at IHS Markit
What is the next generation technology for onboarding clients at custodians? A migration has begun from portals to onboarding platforms, but some custodians are still mired in a world of email communication, writes Brittany Garland, Executive Director in Operational Risk & Regulatory Compliance at IHS Markit. The article explains that, after y...
26 April 2021 /regulation Banking Strategy, Digital and Transformation
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