1068 Results from 2020
Shirish Netke President at Amberoon
The Paycheck Protection Program (PPP) offers a case study in government activism. It’s vital: At a time when the economy is reeling from a global pandemic, PPP is designed to support a variety of businesses, non-profits, self-employed individuals, tribal organizations and more. It’s massive: $669 billion to be disbursed in a very short period of t...
06 August 2020 /regulation /covid-19 Banking Regulations
Matt Smith CEO at SteelEye
As the Covid-19 pandemic continues, global regulators are warning financial services firms that they may need to enhance their trade surveillance activities to ensure they detect potential financial crime and insider trading. During lockdown, the UK Financial Conduct Authority (FCA) voiced concerns about managing insider trading conduct risks with ...
06 August 2020 /regulation /crime Financial Services Regulation
Konstantin Rabin Head of Marketing at Kontomatik
Illegal financial activities are some of the most common issues the governments of different countries have to face and that is why there are more and more new ways and methods of dealing with this issue used by authorities in order to combat this form of illicit activity. Russia is none of the exceptions and is a hub of financial scams. And now t...
06 August 2020 /payments /regulation Financial Inclusion
Andrew Beatty Head of Wealth, Retirement & International at FIS
“Every generation needs a new revolution,” Thomas Jefferson Digital banks are popping up everywhere. Many of these upstarts are the offspring of grown-up banks that may be careworn and lacking in agility. How will the older and wiser cohabit with such youthful exuberance? In this blog we consider how to close this “banking generation gap” befor
06 August 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Retired Member
As global supply chains become increasingly complex, it is more important than ever to incorporate location risk into your vendor risk assessment process. From the outset, it is critical to define risk appetite and risk treatment strategy based on location when considering third-party portfolios. Depending on the nature of service, such considerati...
06 August 2020 /security /regulation
Kirston Winters MD, MarkitSERV at IHS Markit
In the latest development in the IBOR transition, on the weekend of July 25th, we saw the major CCPs perform the much-anticipated Euro discounting and price alignment transition from using EONIA to EuroSTR (a.k.a. €STR) for all Euro OTC interest rate products. We understand that all compensation payments have now settled. The question market watch...
06 August 2020 /regulation /markets Financial Services Regulation
Eugene Rudenko Marketing manager at Aetsoft
Among the lending firms that fall victim to hacker attacks, mid-large ones surprisingly become the primary targets. LexisNexis reports that only last year, 2,000 mid-large financial services firms and over 1,500 loan vendors suffered from hackers each month. For smaller companies, the figures are more modest: 1,000 and 640 monthly attacks, respect...
06 August 2020 /security /payments Trends in Financial Services
Joey Kim
The Coronavirus pandemic is proving to be the boost needed for fintechs to gain traction with consumers who have been hesitant to move their finances online. With prolonged social distancing measures and lockdowns around the globe, the world is getting a crash course on why accelerated fintech adoption is necessary. History proves that crises can ...
06 August 2020 /startups /covid-19 Fintech innovation and startups
Kristen Jason Senior Product Marketing Manager at Alacriti
Credit unions play a critical role in the American economy as their non-profit structure and membership model that promotes financial well-being across the entire cooperative. Many credit unions offer both direct (e.g. mortgage and auto) and indirect (e.g. partnership with a car dealership) loans to their members, both direct and indirect. Of cou
05 August 2020 /payments /retail Digital Banking Trends
Matthew Ruoss CEO at Scorpeo UK
ESG screens are common among asset managers today, in response to growing client demand for investments that align with their values. Much of the buzz has focused on the ‘E’ and ‘S’ of ESG, as managers dumping fossil fuels and other ‘vice’ stocks have grabbed headlines. And while early studies are pointing towards the potential outperformance of ES...
05 August 2020 /regulation /wealth Capital Markets Technology
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