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It has now been more than three years since BIS published their paper back in 2013 in response to the financial crisis, with the snappy title of ‘BCBS239: Principles for effective risk data aggregatio...
There is no doubt about it – RegTech is hip. Bankers dangle the word over their working breakfasts, while technology teams slather it on proposals they are seeking funding for, along with its cousin, ...
The most common misperception about Chatbots is that Natural Language Processing (NLP) is the only method for delivering conversation-as-a-service. Though this is not true, as covered in earlier artic...
On the 7th of November 2017, the UK PSR (Payment Systems Regulator) published a report and consultation paper “Authorised Push Payment scams PSR-led work to mitigate the impact of scams, including a ...
Security and data security concerns have traditionally topped the list of issues for lack of adoption of cloud technologies by banks. Security and data security concerns have traditionally topped the ...
Not the Messiah, just a very very nasty boy: Uber abhorrent actions on huge data breach https://www.technologyreview.com/s/609539/uber-paid-off-hackers-to-hide-massive-data-breach/?utm_source=newsl...
The Bank of England will publish the stress test results next week (having brought it forward from December). The big banks face a tough annual cyclic scenario and an additional “lower-for-longer” exp...
With all the hype about identity theft and other consumer-side digital crimes, it’s easy to overlook the fact that merchant fraud is still one of the most common and costly causes of financial loss f...
An ESMA Q&A published this week provides some further guidance regarding the authorization of sub-delegated DEA providers, but it still leaves room for uncertainty. The Q&A draws a distinctio...
Chatbots, the human side of artificial intelligence, are showing significant signs of market growth, primarily due to the ability to make material reductions in costs, whilst delivering superior custo...
The Internet. Nothing has disrupted our lives more. And one of the biggest more recent disruptions has been in the financial industry. While alternative banking first began with PayPal, the developmen...
At first glance, the MiFID II trading obligation for shares seems fairly benign, bringing the bulk of equities trading ‘safely’ back to regulated execution venues. Whilst appearing all encompassing, i...