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October is Cybersecurity Month – so it’s a good time to step back and consider whether or not your organization is getting the fundamentals right. Many experts believe that ensuring the basics are i
We live in an age where the threat of cyberattacks is seemingly imminent. As a result, many firms in the financial services and banking industries have stepped their game up and created specific secu
ESMA issued a public statement yesterday recognising that there is just not enough time to review all the pre-trade transparency waivers and position limits before MiFID II comes into force on 3rd Jan...
Businesses around the globe are becoming increasingly data-driven. This is largely due to the expectation of customisation of the user experience. Financial institutions, in particular have been able ...
The Malaysian RHB Banking Group has launched a chatbot via the RinggitPlus comparison website. The chatbot is a blend of an “advisor” and “salesperson” for consumers applying for a personal loan. Du...
Banks in the EU/EEA will be obliged – as from January 2018 – to quote all-in prices to their customers for: payments going to or coming from outside the EU/EEA, in any currency; and payments with bot...
As the MiFID II implementation date draws closer, implications for US firms continue to emerge. One area raising questions in the listed derivatives space is around position reporting and commodity po...
Getting re-papered under the terms of MiFID II will test the relationships between dealer and asset manager. All the terms of business, policies and procedures that banks and broker dealers have with ...
Introduction AnaCredit (The Analytical Credit and Credit Risk Dataset), is a project from the European Central Bank (ECB) to create a shared database containing information on bank loans to compan
Even before it was discovered that the attack on the offices of Paris satire magazine Charlie Hebdo was partly financed by online payment fraud, the writing was on the wall. Organized crime and inter...
European leaders have long identified that the future of the financial services lies in the co-existence of the conventional banks with emerging fintech. However, to reach to that stage, security of t...
Consumer advocates ranted about overdraft protection fees in 2008, saying the service was forced down upon consumers. While the uninitiated can Google "overdraft protection" for a prosaic de...