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980 Results from /wholesale

Breana Patel

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

How Lenders Can Reduce Compliance Risk For Unfair, Deceptive Or Abusive Practices UDAAP

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept has long been baked into American lending practices. But the Dodd-Frank Wall Street Reform Act of 2010 saw another significant expansion of the governi...

/wholesale /inclusion Financial Risk Management

Eli Taranto

Eli Taranto Head of Global Business Development at EQIBank

Breaking the Taboo About Offshore Banking

Offshore banking has always carried an air of subversion about it, but following the release of the Panama Papers in 2016 the industry was catapulted into an entirely new and highly critical light. Since that stark revelation of hidden earnings and tax evasion, a shocking $1.2 billion in back taxes and penalties have been collected by governments ...

/regulation /wholesale Banking Regulations

Retired Member

Retired Member 

Consumer Trends For Financial Services in 2019

With the phenomenal growth in innovative fintech tools this year, financial marketers are expected to meet and fulfill every customer need and want. They are increasingly faced with the task of engaging with customers and prospects in more meaningful ways. For optimizing and enriching the customer experience, financial institutions are widely adop...

/wholesale Banking Strategy, Digital and Transformation

Retired Member

Retired Member 

What are some of the Customer Data Platform use cases for financial services sector?

1. Collection of data in its original form Frequent modifications on the original source data makes it difficult for marketers to pre-determine the use of data for their marketing strategies. So it is important to store customer data in its original form to ensure that the data can be useful in the future. A Customer Data Platform designed for fin...

/wholesale Unified Communications in Financial Services

Retired Member

Retired Member 

What are some of the Customer Data Platform use cases for financial services sector?

1. Collection of data in its original form Frequent modifications on the original source data makes it difficult for marketers to pre-determine the use of data for their marketing strategies. So it is important to store customer data in its original form to ensure that the data can be useful in the future. A Customer Data Platform designed for fin...

/wholesale Fintech

Retired Member

Retired Member 

What do you wish for in MiFID 2.1?

The European Commission is required to review MiFID 2 by March 2020. The German Finance Ministry kicked things off at the beginning of this year by inviting comments from the industry. Attending the recent FIA Compliance and Regulation Forum, I noted that many of the regulators and market participants seem to prefer targeted adjustments over a la...

/regulation /wholesale MiFID

Retired Member

Retired Member 

Extending the bank: Key drivers, technologies and steps

What does it mean to extend the bank? Traditionally, banks have manufactured, distributed and managed all of their own products and services. The concept of extend describes how this traditional model is changing as the value chain becomes unbundled, the bank ecosystem expands, and other parties become involved in these activities either in collab...

/wholesale

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

Are Open Consortia the Answer to Corporate Banking APIs?

Banks struggle to balance two imperatives: to open their systems to external partners and clients via application programming interfaces (APIs) and to control the user interaction. In order to maintain the direct and captive relationship with their corporate clients, banks are building their own API-based catalogs with high walls separating them f...

/wholesale API

Breana Patel

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

Future Trends Moving Wholesale Banking Forward

Expanding roles in wholesale banking have created a push for improvements in service of large-scale corporate customers. From the current states of function, wholesale banking will undergo a restructuring of product developments, a new approach to customer interaction and the employment of digitized practices to increase efficiency. Trends predict...

/wholesale Banking Strategy, Digital and Transformation

Breana Patel

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

Importance of Conducting Independent Assessment For An Enterprise Risk Management Function

The saying goes, “If it ain’t broke, don’t fix it.” However, in the culture of today’s business market, the saying should be adapted to say, “If the existing risk management program is working, still see if there are areas for improvement with an independent assessment.” The reason is that enterprise risk management (ERM) programs are structured p...

/regulation /wholesale Banking Strategy, Digital and Transformation

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