4230 Results from /regulation
Hirander Misra Chairman and CEO at GMEX Group
The use of digital assets and blockchain solutions has gradually become more prominent as the digital transformation of the financial services industry has progressed. As Finance 4.0 advances, there is an increasing demand to access a full range of digital products and services in tandem with traditional financial services. While the convergence o...
05 December 2022 /regulation /crypto Digital Asset Class (DAC)
Galit Shani-Michel VP Payments at Forter
The PSD2 regulation came into force in the UK on 14 March 2022, a full two years after it was implemented in France, Germany, Spain and Italy. Central to the directive is the requirement for merchants to conduct Strong Customer Authentication (SCA) unless an exemption or exclusion can be granted. However, although this, in theory, means less fraud...
05 December 2022 /payments /regulation Fintech
Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC
Central banks and financial supervisors worldwide are making progress in the identification, assessment, and management of climate-related financial risks. Banks are increasingly being required by regulators to address climate risk. Some have begun, but many must still develop plans, build capabilities, and develop risk-management frameworks. Pr...
05 December 2022 /regulation /identity Banking Regulations
Luigi Wewege President at Caye International Bank
There’s no doubt that Artificial Intelligence (AI) impacts most industries. AI can accomplish more with less, from manufacturing to telecommunications to food service. At the same time, it’s a powerful tool for companies to meet or exceed consumer expectations. You may not realize that domestic and offshore banks also employ AI in several ways. T...
04 December 2022 /regulation /predictions Artificial Intelligence and Financial Services
Federico Baradello Founder and CEO at Finalis
The verdict is in: the paradigm-shifting Banking-as-a-Service (BaaS) evolution over the past several years is reshaping traditional banking. But in the midst of developments pioneered by many BaaS companies, regulatory and compliance fissures have emerged and expose a cautionary tale: the regulatory mechanism maintained by traditional charter-hold...
01 December 2022 /regulation /predictions Banking and Lending Solutions
Liam Chennells CEO & Founder at Detected
It should come as no surprise to anyone that the UK has a fraud problem. Bosses at UK Finance, HSBC and NatWest have recently called out Companies House for, once again, facilitating business fraud. While Companies House has long been an easy target for fraudsters, the main aim of the online register has been to reduce fraud by requiring specific c...
30 November 2022 /regulation /crime
John Bertrand MD at Tec 8 Limited
Over the last three months, The House of Lords, European Commission and the Payment System Regulator (PSR) published detailed reports and proposals on how to prevent instant payment fraud. It is not easy and requires multiple partners to work together and consumers and business to do their part to stop these escalating frauds by having robust, man...
30 November 2022 /payments /regulation The future of Payments in Europe
Helen Walters CMO at Distinction
Fintechs rely on data and testing to build standout customer experiences that disrupt the market by challenging the status quo. But with the impending removal of cookies, how can they mitigate the risk of losing valuable data insights? Google has officially released their timeline for the complete removal of third-party cookies in their Chrome brow...
28 November 2022 /regulation /retail Analytics in Banking
David Vilf Global Product Lead in Digital Identity at Onfido
Millions are spent annually on Know Your Customer (KYC) and anti-money laundering (AML) procedures as businesses strive to confirm identities and fight money laundering. The rise of online banking and payments has made due diligence increasingly complex to navigate - so what elements should you consider when building a robust and reliable eKYC sol...
24 November 2022 /regulation /identity RegTech
Jonathan Hancock Head of Product & Innovation at The ai Corporation
A review of The House of Lords Fraud Act 2006 and Digital Fraud Committee’s new report, ‘Fighting Fraud: Breaking the Chain’ “Fraud is the most commonly experienced crime in England and Wales today and represents a substantial national threat. If this were any other type of crime, this would be a matter of national importance.” Last week, on 12 N...
23 November 2022 /regulation /crime Exposing Financial Crime
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