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Kiran Komma

SEC final rules on US Treasury Central Clearing

On December 13, 2023, SEC adopted the final rules for enhancing the risk management practices for central clearing in the US treasury market and facilitate additional clearing of US treasury securitie...

28 Dec 2023
Abhinav Paliwal

For Merchants, How Does Buy Now, Pay Later Work?

PayNet emerges as a pioneer in the rapidly expanding financial technology industry with its cutting-edge Neo Banking Software Platform. The Buy Now Pay Later (BNPL) platform stands out as a game chang...

27 Dec 2023
Finextra site news
John Bertrand

Reimbursement of APP Scams: Boost for consumers/SMEs

The Payment Systems Regulator issued Specific Requirement 1 on the Faster Payments Scheme Operator (Pay.UK) to insert APP scam reimbursement into Faster Payments. The timetable as follows: Action Fina...

21 Dec 2023
Banking Strategy, Digital and Transformation
Robert Houghton

Top four compliance trends to watch in 2024

As financial institutions gear up for the next 12 months, it’s time to reflect on the key trends and developments, considering how they’ll shape the year ahead. While the financial landscape is consta...

21 Dec 2023
Financial Services Regulation
Scott Holman

EU DORA: A new opportunity for Site Reliability Engineers

The EU Digital Operational Resilience Act (DORA) is a new regulation that aims to strengthen the resilience of the financial sector to information and computer technology (ICT) related risks. It appli...

20 Dec 2023
Steven Cox

Embracing a new ally: AI adoption for the accountant of tomorrow

In every industry, technological advancements play a significant role in shaping the way businesses operate, and accountancy is no exception. With the integration of Artificial Intelligence (AI) and

18 Dec 2023
Artificial Intelligence
Roberto Garavaglia

The silent revolution of fees, but what fees?

From Canada and the United States to the United Kingdom, a wave of changes in the Interchange Fees for Visa and Mastercard card payments promises to rewrite the rules of the game. But what exactly are...

18 Dec 2023
Thorsten Hein

Refresh, Rewire and Remodel: How AI will help insurers survive and thrive in 2024

As 2023 draws to a close, the insurance industry faces a landscape rich with possibilities and fraught with potential failure. Insurers are faced with having to answer the existential threat of climat...

18 Dec 2023
Artificial Intelligence and Financial Services
John Bertrand

UK Finance Annual Mortgage Dinner and The New Mortgage Charter

An exhilarating evening was held with the members of the mortgage industry on 12 December with people dressed in black tie. The mood was set by the Director of Mortgages for UK Finance and further ext...

17 Dec 2023
Digital Banking, Mortgages and Savings
Gabriel Hopkins

A Year In, the Outlook for Generative AI in FS

Just over a year ago, ChatGPT launched. The excitement, anxiety and optimism associated with the new AI shows little sign of abating. In November OpenAI CEO Sam Altman was removed from his position, o...

14 Dec 2023
Artificial Intelligence and Financial Services
Drake Paulson

Private Equity's New Frontier: Targeting Individual Investors Amidst Rising Challenges

The democratization of private markets has captured the industry’s attention, and it’s easy to understand why. Individual investors own about half of the estimated $275 trillion in global assets under...

12 Dec 2023
Capital Markets Technology
Nick Green

The DOs and DON’Ts of credit data contracts

When it comes to credit data contracts, it’s not just about striking a deal on price; financial services procurement teams need to consider a range of factors to make them strategically aligned with e...

12 Dec 2023
Banking

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