980 Results from /wholesale
Retired Member
Transaction banking has made huge strides in recent years. The easy availability of new technologies has improved operating efficiencies and accuracy. Apart from this, the speed of transactions has also increased remarkably. The volume of transaction banking data generated has grown in tandem with the emergence of “predictive analytics” that helps...
06 December 2013 /wholesale
Brett King CEO & Founder at Moven
If any of you watch my Twitter feeds, Facebook or Google+ posts or those of the financial services crowd at large, it is highly likely that you will have seen a post I authored on Huffington Post on Friday. The post details my experience with HSBC Business Banking after they closed my business account without notifying me. The first I knew of ...
02 December 2013 /wholesale Innovation in Financial Services
Suresh Krishnan Independent Consultant at Self Employed
25 November 2013 /retail /wholesale
Dan Barnes Writer at Information Corporation
Governments' aggressive approach to taxation is alternately punishing and rewarding financial services firms. The Swiss government is planning to abolish tax secrecy laws – what does that mean for Swiss banking? On Wednesday 29 May 2013 the Swiss government proposed to allow Swiss banks to disclose information to the US government. The proposal, if...
20 November 2013 /regulation /wholesale Future Finance News Analysis
Plans to wind down banks that are too big to fail have at last been agreed but will not take effect until 2018. Italy's recent revelation about derivatives losses proves that there are still plenty of skeletons hidden in European Union (EU) cupboards. The recently reported conduct of bankers in Ireland at the start of the crisis has challenged the...
The European Commission (EC) is threatening to move setting of the London Interbank Offered Rate (LIBOR) to Paris, after the exposure of the current process as “the rate at which banks do not lend to each other” in the words of Mervyn King, former governor of the Bank of England. An interbank benchmark system must be found that engenders trust, bu...
Several US senators have introduced a bill bringing back elements of the Glass-Steagall Act “to reduce risks to the financial system by limiting banks’ ability to engage in certain risky activities and limiting conflicts of interest.” With some banks still struggling to swallow the Dodd-Frank Act, will the ‘21st Century Glass-Steagall Act’ serve t...
Financial Fraud Action (FFA) UK, the finance industry’s national anti-fraud group has observed an increase in successful criminal activity in the first half of 2013, with physical theft of cards using increasingly complex techniques on the rise. I thought Chip and PIN was going to stop fraud? Fraud is like an air bubble under a plastic sheet; if yo...
20 November 2013 /security /wholesale Future Finance News Analysis
When regulators define mathematics, the apparent certainty that the science brings is thrown to the wind. Big banks are currently selling off cash reserves, issuing stock and swapping the labels over on balance sheet items, apparently to please the regulators. Are we any safer? Why do some banks have to raise more money? In June 2011, the Basel Co...
It’s Sept 2013, and we’re upon the anniversary of Lehman Brothers. Much editorial this week has been devoted to the perceived risk that still exists in the banking system. Haven’t regulators reformed the markets? Regulators have imposed a lot of changes to the way that banks do business and have even more changes still to happen. These changes are ...
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