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4170 Results from /regulation

Retired Member

Retired Member 

Can social media lead to identity fraud?

There are, apparently, over 500 million Facebook users worldwide and 26 million in the UK, which is a staggering proportion of the global and UK population. Social networks are by their very nature all about sharing; sharing experiences, our latest news, likes and dislikes and sometimes our personal information. Whilst we all like to share – and we...

/security /regulation Online Banking

Steve Scott

Steve Scott Senior Product Manager, Business Banking at Temenos

Pay Attention or You May Lose More Than Your Shirt!

Pay Attention! - The title of one episode of the National Geographic Channel’s series called Test Your Brain. The progamme explores how our attention selects the things we see, hear and interact with in the world. It shows the ease with which illusionists can distract victims to relieve them of their valuables conditioning them and gaining their...

/regulation

Retired Member

Retired Member 

Good Judgement Comes from Experience

Good judgement comes from experience. Experience comes from bad judgement When the business environment is changing very quickly, or when we are under pressure, one of the easiest mistakes to make is that of jumping to a conclusion based on “Judgement” – and then looking for the evidence to justify the decisions made. Anybody who has read a histor...

/regulation Treasury Technology

Retired Member

Retired Member 

EMV: What does it mean for Acquirers?

With Visa’s recently announced U.S. EMV initiative, massive infrastructure changes loom on the horizon for card acquirers. To ready themselves for this change, acquirers can think about breaking down the implementation into three buckets: device enhancements, enhancements to acquiring systems and customer service. While daunting, the complexity o...

/regulation

Roy McPherson

Roy McPherson 

The Emperors New Clothes

On the 17th Oct the BBC ran a programe called 'RBS; Inside the bank that ran out of money'. I downloaded the prog from the BBC I player and watched a very good and insightful documentary on a classic case of the Emperors New Clothes. The documentary detailed the rise and fall of the bank, following its growth via purchases of Nat West, ABN and Ci...

/regulation

Gary Wright

Gary Wright Analyst at BISS Research

Outsourcing:The loss of knowledge

The last Post-Trade Forum debate was all about the pros and cons of outsourcing v internalisation. A cross industry panel of outsourcing experts debated with an audience of equal experts and thrashed the topic to arrive at some really interesting conclusions and observations. Not least was operational memory loss. This knowledge can be expensive t...

/regulation Post-Trade Forum

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

What Are Your Digital Assets Worth?

Digital assets include: entertainment files (e.g. music downloads), personal memories (e.g. photographs), personal communications (e.g. emails), personal records (e.g. health, financial, insurance), and career information (e.g. resumes, portfolios, cover letters, contacts), as well as any creative projects or hobbies involving digital files. If yo...

/security /regulation

Retired Member

Retired Member 

Basel III, CRDIV, EU Crisis: The 'malediction'...

Basel III, CRDIV, European Union Crisis: The "malediction" of the new banking regulations. In October 2010 at the Seoul Summit, the G20 Leaders committed to the adoption and full implementation of the Basel Committee’s new bank capital and liquidity framework within the recommended time frame. They also approved the Financial Stability Bo...

/regulation Financial Risk Management

Retired Member

Retired Member 

Meeting the Market's Standardized Standards

Big banks lost more ground this week when a report by international regulators found that higher capital requirements would not drastically impair growth. The Bank for International Settlements in Basel stated Monday that a one percentage point surcharge increase would slow annual growth by less than 0.01 percentage points over eight years. In shor...

/regulation

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

It's not enough just to have the risk systems turned on

So, now we all know the dirty little secret at the heart of the latest alleged 'rogue trader' scandal at UBS. Risk management was ignored. Well, knock me down with a slide ruler. Now, I wrote a rather snarky blog when this scandal broke asking whether the lights were even turned on in the UBS trading floor, never mind the VaR calculations, risk li...

/regulation Financial Risk Management

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