Siamac Rezaiezadeh VP Product Marketing and Insights at GoCardless
We may be just a few short weeks away from the end of the year, but things are far from slowing down. In fact, this week centres around the latest abbreviations in the open banking world - SWG and JROC. Back in March HM Treasury, Competition and Market Authority, Financial Conduct Authority and Payment Systems Regulator released a statement announc...
20 December 2022 /payments /regulation Open Banking
Prakash Pattni MD, Financial Services Digital Transformation at IBM Cloud
The fintech revolution has become a linchpin in helping financial institutions drive innovation, as both continue to coexist in a competitive landscape. The industry has moved beyond speculative theory of the impact of fintechs to practical application of fintech solutions to modernize and grow. Fintechs have disrupted the value chain from payment...
19 December 2022 /regulation /predictions Fintech
Esther Groen Head of Payment Consultancy at Icon Solutions
Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to create a market where new schemes like account-to-account payments can compete, regulation must play a central role. Payments modernisation is a hot topic right now—and for good reason. New and innovative digital payment technologies and instruments...
16 December 2022 /payments /regulation Fintech
Nick Green Director at Purple Patch Broking Ltd
Today, consumers can easily apply for credit online through innovative credit solutions like buy now pay later (BNPL). But consumers need to know what they are signing up for and how much they eventually have to repay. This is what’s sparked regulatory reviews. To bring more clarity to consumer credit, the Council and European Parliament have re...
16 December 2022 /regulation /retail Fintech
Claus Christensen CEO at Know Your Customer
Following a seminal ruling from the EU Court of Justice in November, the journey towards greater corporate transparency recently encountered a stumbling block. As further developments remain uncertain, what options are available to compliance teams and members of the public looking to access official beneficial ownership information across jurisdi...
14 December 2022 /regulation /crime RegTech
Retired Member
The new Consumer Duty regulation from the UK’s Financial Conduct Authority (FCA) has instigated a period of great change within the financial sector, requiring financial services institutions (FSIs) – from insurers and financial advisors to payment services and technology providers – to comply with a much higher and exacting standard of customer c...
13 December 2022 /regulation /retail Banking Strategy, Digital and Transformation
The FCA wants to see a higher quality of credit information and is taking steps to improve the sector. In light of this, the FCA recently published the long-awaited interim findings from its credit information market study. But is the report addressing the key challenges originally identified? What’s fallen through the cracks so far? And is the fu...
13 December 2022 /regulation /retail Fintech
In November, digital transformation companies, fund operators and other key stakeholders convened at the annual Fund Operator Summit to consider the major challenges facing the financial services sector in the coming years. One of the key themes of the discussions that took place emphasised how climate reporting is now more critical than ever. I...
09 December 2022 /regulation /wealth Financial Services Regulation
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
You must hear this often if you manage any kind of risk – risk and value go together. And that’s true, of course for data! Both data and its infrastructure must be managed for their benefits and risks. In sectors like Banking, regulations drive enterprises to assess data related risks. Prioritizing and managing data associated with financial or op...
09 December 2022 /regulation Data Management and Governance
Nish Kotecha Co-Founder & Chairman at Finboot
The recent and very public demise of cryptocurrency exchange, FTX, has once again dented wider faith and trust in the crypto world. Despite raising $400 million at the start of the year, rumours of FTX being undercapitalised led to more than $650 million in withdrawals - causing it to close its doors and confirming it was in a liquidity crisis. Th...
08 December 2022 /regulation /crypto Blockchain in Banking and Financial Services
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