4244 Results from /regulation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The ability to make and receive payments underpins daily life and commerce, while the payments sector itself drives innovation and hosts some of the country’s highest growth businesses. To bolster this pivotal sector, the UK government has published the National Payments Vision, outlining its ambition for a world-leading payments ecosystem. The V...
15 November 2024 /payments /regulation Fintech
Retired Member
The latest updates to the Capital Requirements Regulation (CRR), published on November 12, 2024, introduce significant changes to retail exposure diversification. These changes, developed by the European Banking Authority (EBA) under the mandate of Article 123(1) of the CRR, aim to enhance financial stability across the European Union. The updates ...
15 November 2024 /regulation /wholesale Financial Services Regulation
Nick Levy Partner - Financial Services at IBM Consulting
Ensuring Operational Resilience: UK’s New Critical Third-Party Regulations Explained This week marked a pivotal moment in the ongoing efforts to enhance operational resilience across the UK financial services sector. Regulators unveiled new rules targeting “critical third-party” providers, with the aim of safeguarding the industry's ability to wit...
14 November 2024 /regulation /retail Operational Risk Management
Carol Howley Chief Marketing Officer at Exclaimer
Marketing technology (martech) is essential for driving growth and efficiency. As companies increasingly invest in digital tools to connect with their customers, the importance of martech has never been more evident. Yet for those in regulated industries, introducing martech tools is challenging for many reasons, like compliance requirements a
13 November 2024 /regulation
Konrad Litwin Global General Manager - Testing at Perforce Software
When protecting confidential customer data in the financial services sector, one of the most significant risk areas is exposing sensitive information governed by regulations, such as the GDPR and PCI. Much of this -such as a customer’s Personally Identifiable Information (PII) — ends up in non-production environments, such as development, testing,...
12 November 2024 /regulation /devops Data Management and Governance
The financial sector's reliance on third-party services has grown exponentially. These external providers play an important roles in delivering essential services, from cloud computing to payment processing. However, with increased dependency comes heightened risk. A disruption or failure in these services could reverberate across the financial ec...
12 November 2024 /regulation /inclusion Fintech
Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
Cross-border payments are an important part of foreign trade, money transfers, and the digital economy as the global economy becomes more connected. But the current fragmented regulatory environment makes it hard for businesses, especially fintech companies, to deal with complicated licencing processes and different compliance requirements in diff...
12 November 2024 /payments /regulation The Payments Business
Prakash Pattni MD, Financial Services Digital Transformation at IBM Cloud
From managing cyberattacks to navigating outages and preparing for evolving regulations, an enterprise must be able to demonstrate strong resiliency. This is especially critical for those in highly regulated industries, including financial services. With regulations on the rise, such as the upcoming deadline for the Digital Operational Resilience ...
11 November 2024 /regulation /cloud Banking Strategy, Digital and Transformation
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Among others, the credit card value chain comprises the following entities: Consumer (aka Customer, Cardholder), who uses the credit card to pay for the purchase Merchant (aka Store, Retailer), who sells what the consumer purchases Issuer Bank, which issues the credit card to the consumer Acquirer Bank, which issues the POS terminal and Merchant ...
11 November 2024 /payments /regulation
Karla Booe Chief Compliance Officer at Zeta Services Inc.
Artificial intelligence (AI) has been used in banking for decades now. AI-assisted decision-making, machine learning-led automation, and chatbots, have all been around and found their place in making banking more efficient and scalable. What’s changed is the sophistication of our computing power and, of course, Gen AI. 2023 saw a series of AI-f...
07 November 2024 /ai /regulation Artificial Intelligence and Financial Services
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