Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Below we examine most common mistakes in scorecard development, and explain how to use them for most precise borrower rating and segmentation. Scorecards provide a set of weights assigned to character...
Trading stood still on more than 200 companies Monday, as a server kept the New York Stock Exchange from publishing quotes for most of the day. Taken alone, this seems like a technical glitch. But com...
T+2 settlement looks like it’s on its way to a market near you in the next few years and although I accept that in many markets its not much of a problem in some financial instruments in domestic ...
“There’s a tendency to admire the problem” – I heard this at a conference recently and thought that it was a great expression to capture the way we tend to deal with new regulations. FATCA is one of t...
In my line of work I get emails such as this one: “Hi Robert, I’m not sure if you saw what had happened on my Facebook page last night, but someone stole my cell phone while I was at a concert, and po...
Ever seek out information online and end up somewhere you never meant to go? I’m not talking about some website that didn’t have what you were looking for, I’m talking about a website that you REALLY ...
In this article, I focus more on the issues faced with Nota Fiscal for Services when looking at the compliance tasks from an Account Payables point of view. Remember that Service invoices are handled ...
Basel III norms are supposed to be implemented in India starting next year in 2013 and will be completed by 2018. In the aftermath of the financial crisis of 2008-09, the Basel Committee on Banking Su...
In October 2012 the (Australian) NSW ICAC published its report INVESTIGATION INTO ALLEGATIONS THAT STAFF FROM A NUMBER OF LOCAL COUNCILS AND OTHER PUBLIC AUTHORITIES ACCEPTED SECRET BENEFITS FROM SUPP...
A big mistake that financial institutions are still making is using Excel as their reconciliation tool of choice. Research we have carried out suggests that in many of the larger financial institution...
While we never expected the BofE to be thanking the #occupy movement Andrew just drop me a line if you would like some sensible legislation supported. Initial budget was about $1000, 2 people. Protest...
An educational posting from me today on one of the most understated weapons ever unleashed in the counter-fraud world – Big Data Analytics. People often don’t realise that analysing vast chunks of dat...