Retired Member
The payments industry is at a crossroads. It’s witnessed many shifts: from the barter system to cash, from cheques to cards, from cards to digital banking and payments. Payments are now faster, more efficient, and more inclusive than ever before, with customer preferences being the primary driver for modernization. But competition is fierce, there...
23 May 2023 /payments /regulation
Guillaume Forget Executive Vice President at Cryptomathic GmbH
The UK's relationship with the EU has been tumultuous in recent years, especially in the wake of Brexit. With regards to digital identities, former Prime Minister Tony Blair's, statement that "everyone in the UK should be issued with a digital ID" has sparked heated national debate and left many wondering if the UK will follow suit with ...
19 May 2023 /regulation /identity Digital Identity Management
Peter Dugas Executive Director at Capco
Recent bank failures in the US and bank acquisitions, on both sides of the Atlantic, are expected to put pressure on banking institutions to examine and rationalise their corporate governance and risk management operations, and market monitoring systems, as well as undertake overall stress testing of their capital and liquidity levels, novel activ...
19 May 2023 /regulation /retail Banking
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
Investment firms have very different business models and risk profiles to credit institutions. They facilitate savings and investment flows by providing professional services such as investment advice, portfolio management, trading in financial instruments and fund raising for companies. As they do not accept deposits or provide loans, they are ge...
18 May 2023 /regulation /markets Financial Services Regulation
Gal Ringel CEO at MineOS
The birth of FinTech or Financial Technology can be traced back to the 1960s as traditional banking paved the way for easier and more efficient transactions through ATMs. But when mobile banking took hold in the 21st century, it revolutionized the way people managed their finances. As is often the case however, technological breakthroughs and di
18 May 2023 /regulation /inclusion Fintech
Nick Green Director at Purple Patch Broking Ltd
As much as we try to get everything right at the outset, sometimes it becomes necessary to renegotiate a contract. Maybe there’s been unforeseen challenges or shifts in the market that might mean you simply need to update the agreement. With the challenges present in our economy, it’s possible that you’ll need to rework contracts with data supplier...
18 May 2023 /regulation /retail Fintech
As lenders continue to evolve their credit risk strategies, perfecting how you buy credit bureau data is an important part of that process. But if your process for buying data has weak spots you could end up paying more than your peers and have poor quality data. In short, having a sound data buying process is critical. Gone are the days when extr...
16 May 2023 /regulation /retail Banking and Lending Solutions
Sadi Bezit Head of Business Development Europe at Sadi BEZIT
The EBA/2021/02 guidelines on customer due diligence have changed. With this in mind, what are the factors credit and financial institutions should consider when assessing the money laundering and terrorist financing risk associated with individual business relationships and occasional transactions under Articles 17 and 18(4) of Directive (EU) 201...
15 May 2023 /regulation /crime
Anne Plested Regulation at ION Markets
In Europe, the second Markets in Financial Instruments Directive and Regulation (MiFID II/MiFIR) have been with us since January 2018. In the preceding months, market participants completed multi-year programs of work to implement huge swathes of required changes. After the heavy lift of MiFID II for 2018, the industry is preparing to bear the cos...
11 May 2023 /regulation /markets
Guillaume Lepecq Chair at CashEssentials
Could legislation contribute to the modernisation of the cash cycle by encouraging the adoption of new technologies and new business models? The mantras of the “Next Generation EU” project (“Make it Green”; “Make it Digital”; “Make it Healthy”; “Make it Strong”; “Make it Equal”) might seem, at first sight, to lead directly to the adoption of a digi...
11 May 2023 /payments /regulation
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