4231 Results from /regulation
Oscar Perez Manager at Be | Shaping the Future
Operational resilience has become a key focus for regulators in the UK. In March 2021, the Financial Conduct Authority (FCA), the Prudential Regulatory Authority (PRA) and the Bank of England (BoE) published their final policy papers on ‘Building Operational Resilience’, which gave financial institutions, including payments companies, a one-year d...
27 October 2021 /payments /regulation Banking Regulations
Adam Pogorzelski CEO at Code & Pepper
Artificial intelligence (A.I.) is heavily used in Big Data and when it comes to the analysis of customers’ behaviour. There’s also anti-money laundering (AML) AI; it’s used to fight financial crime and guard the reputation of app providers. FinTech is about trust, after all. How exactly is it done and how can you benefit? Because cybercrime is ser...
25 October 2021 /regulation /crime Artificial Intelligence and Financial Services
Amita Choudhary Marketing Manager at Princeton Growth Accelerator
Whether your company is being sued or you just need help dealing with licenses and permits, having a good business attorney on your side is crucial. And while it can be hard to find an attorney who’ll both be qualified to deal with the issues at hand and be a good match for your business, there are a few steps you can take to make the search proce...
22 October 2021 /regulation Business
Peter Plochan Principal Risk Advisor at SAS
The United Nations Climate Change Conference of the Parties (COP26) in Glasgow is just around the corner. Kicking off at the end October, the mega conference will host representatives from nearly 200 countries for two weeks, with a focus on reviewing of the Paris Agreement and each country’s carbon reduction commitments. The Paris Agreement: where...
21 October 2021 /regulation /sustainable Going green
Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle
Introduction The Financial Conduct Authority (FCA), the regulator of financial markets in the U.K., flexed its muscles in March of this year when it launched its first attempted prosecution for anti-money laundering (AML) failings against NatWest. A couple of months later, David Geale, the Director of Retail Banking and Payments Supervision for th...
20 October 2021 /regulation /crime Financial Services Regulation
Debbie Hayes Product Marketing Manager at GMO GlobalSign
Anyone who is paying attention knows the financial industry is going through an unprecedented digital transformation which has been accelerated by the coronavirus pandemic. At the same time, cyberattacks, particularly ransomware attacks, grow in number by the day. The results of a study by the Ponemon Institute and Keeper Security in January sho...
20 October 2021 /regulation /crime Financial Risk Management
Retired Member
NatWest has recently pleaded guilty to three counts of failing to comply with anti-money laundering (AML) legislation. The bank’s CEO Alison Rose said that the bank “failed to adequately monitor and therefore prevent money laundering by one of our customers between 2012 and 2016.” This news will undoubtedly add to the disappointment expressed by i...
19 October 2021 /regulation /crime Banking Regulations
Shagun Varshney Senior Product Manager at Signifyd
It’s clear to see that the increased need for online shopping is here to stay, and as we enter the busy Christmas season, things are only going to get busier for retailers. And as orders increase, so does the risk for fraudulent activity. Whilst fraud does have a detrimental impact on the retailers bottom line, it is not actually the fraud itself t...
18 October 2021 /payments /regulation
Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC
Cyber security Awareness Month continues in its 18th year to raise awareness of the importance of cyber security and to ensure that everyone has the resources they need to be safer online. For consumers it is vital that they are aware of the dangers posed by hacker attacks and ransomare on their accounts. Threats to banks, investment firms and in...
18 October 2021 /regulation /crime Data Management and Governance
Pavlo Farb Security Engineer at Cossack Labs
In fintech, user’s data protection is among the top priorities requested by regulations, but surprisingly they are mapped onto real-world risks. As a data security engineer, I can say that while it might look like much work to comply with GDPR, CCPA, PCI DSS, FFIEC, etc., these regulations exist not to add problems but to prevent them and protect ...
18 October 2021 /security /regulation Fintech
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.