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Next step - e-invoicing05 November 2008 | 2575 views | 0 It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practice a...
The simple answer: Savings Groups plus access to a formal Financial Services Provider (FSP). Sometimes! A soon-to-be-published report for World Renew documents my research on Savings Group linkages to...
After so much innovation and disruptive technologies, the issues surrounding legacy systems still prevail at scale. For example, Global Banks are spending around US$220bn a year on IT expenses, with...
Enterprise Risk Management. Arguably the largest evolutionary change in risk management for financial institutions has been the elevation of the risk management function to a key role in firm manage
Most conversations around banking and Fintech feature two themes - API monetization and digital innovation. However, that’s where the similarity ends, because the two impact the banking industry in ve...
1. Beneficial Ownership Threshold FinCEN has reiterated that the specified threshold (25%) is a floor, not a ceiling. It has left to the discretion of covered financial institutions (FIs) to implement...
Starting October 1, 2018, CME Regulatory Advisory RA1720-5 comes into effect. The advisory details the limited use of suspense accounts, which are temporary holding accounts submitted at the time of ...
The speed at which blockchain-based applications are evolving beyond pure financial transactions must not induce banks to mistakenly think that the business is running out of their hands. On the contr...
The UK’s Financial Conduct Authority (FCA) has just released its Business Plan for 2018/2019. While much of it focused on preparations for Brexit, it’s clear that there’s more on the regulator’s agen
Each year technology makes the world more complex for people to understand. So, easy-to-use services for consumers are in particularly great demand. Due to the nature of the human mind: it is vital to...
With the expansion of easily accessible and convenient digital banking services - such as mobile and tablet banking, as well as online banking for personal computer platforms - bank customers are get...
I am not an expert or an authority in the area of regulation and more specifically, RegTech solutions but I understand the importance of what RegTech can bring to the work being undertaken by FinTech ...