4463 Results from /regulation
Hirander Misra Chairman and CEO at GMEX Group
I have co-authored this article with Sean Kiernan, CEO of Greengage (previously DAG Global). What will Britain’s role be as a financial innovation centre, post-Brexit? Our economy depends on it, yet over a year after our official exit from the EU on 31 January 2020, the answer is still not clear. In 2018, we both published a report and article high...
01 June 2021 /regulation /crypto Digital Asset Class (DAC)
Retired Member
The Fintech industry is driving a rapid transformation that even regulators are struggling to keep up with. In 2020, over 20,000 new Fintech start-ups launched globally, with this number only set to rise each year. As company’s become more imaginative, financial services are becoming more streamlined and simplified. While increased competition is ...
01 June 2021 /payments /regulation Banking Regulations
Adriana P Trader at Xray Trade
Bitcoin, blockchain, crypto, regulations, governments, bans, unworthy, revolutionary, so many news articles on the topics, none with any real worldwide summary. Each country reacts differently to bitcoin and its technology. The blockchain here is a little résumé of what is currently happening when governments face bitcoin. The fearful ones: Turkey...
31 May 2021 /regulation /crypto Cryptocurrency Insights
In the UK, about 55 million individuals and six million businesses have a bank account. Roughly 85% of these accounts are held at just four banks, and over 95% are held in the eight largest banks. Such is the depth of UK financial services, these eight banks are only the tip of the iceberg. The Bank of England’s most recent (May 2021) list shows 15...
26 May 2021 /payments /regulation
Ongoing hybrid working practices threaten to leave financial institutions exposed after the pandemic. The pandemic has been devastating for many people and firms, however, some found a silver lining. As bad as things might have been for people, economies and society, it was boom-time for cyber criminals. They flourished during 2020, and will cont...
26 May 2021 /regulation
Yulia Gavrilova Consultant at Serokell
Innovative technologies change the landscape of financial services. Thanks to decentralization and digitalization, essential financial services such as lending and money transfers are now accessible for everyone, regardless of their credit history and geographical locations. However, exactly because fintech services are so omnipresent, they also ...
24 May 2021 /security /regulation Bond Fintech
Howard Berg Senior V President,North and Central Europe, BPS at Gemalto DIS
Banks have long been the custodians of our financial assets – our money, credentials, and our data – and the heart of our society. However, as digitisation has developed, so has the realisation of the importance of data’s value in enabling new services; from the latest Netflix suggestions based on our viewing history or emails on the latest trends...
19 May 2021 /security /regulation Data sharing
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
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