4241 Results from /regulation
Erica Andersen Marketing at smartR AI
Compliance and AI regulations (like DORA, the EU AI Act and GDPR) are increasingly being seen as holding Europe back in AI uptake and innovation. Without getting into a can of worms that has a counter-argument that these regulations can actually benefit Europe in the long run, let us look at how new legislation can shape AI in the banking sector. ...
13 January 2025 /ai /regulation Artificial Intelligence and Financial Services
Ritesh Jain Founder at Infynit / Former COO HSBC
Banking-as-a-Service (BaaS) has rapidly become a cornerstone of the embedded finance ecosystem. By 2030, the global BaaS market is projected to reach over $25 billion, driven by increasing demand for seamless integration of financial services into non-banking platforms. From payments to lending, BaaS enables brands to offer banking solutions direc...
08 January 2025 /regulation /retail Fintech
Benjamin Davies Head of Sales at ComplyCube
Having worked with compliance teams throughout my professional career, I’ve always known them to be critical roles in any organization, yet they are often underappreciated. Unfortunately, commercially focused teams often deem customer due diligence merely a box-ticking exercise, a necessary evil at the inception of each customer relationship. When...
06 January 2025 /regulation /crime RegTech
Rajendra Janvalekar Consultant at TCS
The US banking sector has witnessed significant regulatory changes in recent years, compelling banks to rethink their approach to business records management. These regulations aim to enhance compliance, improve operational efficiency, and safeguard sensitive information. This article explores the purpose of these regulations, their focus areas, a...
27 December 2024 /regulation
Raj Bakhru CEO at BlueFlame AI
Although generative AI (Gen AI) adoption rates surged across most industries in 2024, the financial services sector was slower to follow. However, 2025 is shaping up to be a pivotal year for AI adoption in private equity (PE). According to a recent BlueFlame AI webinar poll, 51% of alternative investment managers are currently in the discovery ph...
24 December 2024 /ai /regulation
Robin Southall Director of Customer Engagement at Lakeside Software
Building IT resilience is a non-negotiable priority for the financial sector, especially with regulations such as the DORA (Digital Operational Resilience Act) that require institutions to withstand, recover from, and adapt to operational disruptions while maintaining service continuity. In today’s AI-driven digital landscape, increasing cyber thr...
19 December 2024 /regulation /cloud
In the intricate landscape of managing loan records, banks are required to navigate a variety of US regulations to ensure compliance, security, and efficiency in handling data. These regulations lay down stringent guidelines for maintaining loan records, particularly in the areas of billing, fees, payments, and collections. Below is an overview
18 December 2024 /regulation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The FCA has been at the forefront of implementing the Consumer Duty, a significant shift in regulatory focus aimed at ensuring better outcomes for consumers across the financial services sector. With the framework now fully in force for open and closed products, the FCA has released a series of key publications to guide firms in their journey of e...
16 December 2024 /regulation /inclusion Fintech
I recently had the privilege to speak to Lord Christopher Holmes of Richmond (‘Lord Holmes’), Britain’s most successful paralympic swimmer and the creator of the Artificial Intelligence (Regulation) Bill currently making its way through the houses of parliament, to find out: what’s new in the world of AI regulation? Backpedalling on Pro
16 December 2024 /ai /regulation Artificial Intelligence and Financial Services
Anton Roe CEO at MHR
In 2025 the UK economy is expected to grow modestly with GDP predicted to rise by 1.5%. While this marks an improvement from recent years, the UK continues to lag other major global economies such as the US and Germany. External factors and macroeconomic conditions have affected productivity and investment, contributing to this slowdown in growth...
13 December 2024 /regulation /predictions
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