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Dominique Dierks

Dominique Dierks Senior Content Manager at Finextra

2023 APP fraud trends and changing liability at a glance

APP fraud has been an increasing concern for both banks and customers. While consumer education and fraud prevention are being prioritised by financial institutions, regulators have been looking at the question of liability. The new PSR directive on APP fraud reimbursements highlights a historic change in the way fraud liability is handled. This a...

/regulation

Níamh Curran

Níamh Curran Senior Reporter at Finextra

What is a DDoS attack and what impact do they have on financial services?

ChatGPT saw an outage last week which has been blamed on a Distributed Denial-of-Services (DDoS) attack. DDoS attacks are nothing new within the financial cybersecurity world, the first is believed to have occurred in 1999, commonly known as the Mafiaboy attack against the University of Minnesota, but there were similar instances that predate this....

/crime

Joseph Lo

Joseph Lo Head of Enterprise Platforms at Broadridge

Generative AI’s next generation: Enter the agents

What seemed like science fiction a year ago is now business as usual in the realm of artificial intelligence. As generative AI enters its second year, a new game-changer emerges — GPT agents. Introduced at the recent OpenAI DevDay, these agents take Large Language Models (LLMs) to the next level, not just processing information but also shaping ou...

/devops

Günther Vogelpoel

Günther Vogelpoel CEO at Recharge

Behind the boom of Pay Now Buy Later in the APAC Region

Pay Now Buy Later (PNBL) is an approach to personal finance where consumers only spend what they have – providing a much more sustainable financial foundation for households, parents, and younger generations. The essence of PNBL is that consumers make upfront prepaid payments on digital top up cards so they can buy a product or asset in the future....

/retail

Retired Member

Retired Member

Migration to SaaS and cloud banking infrastructure: Analysing the APAC shift

The financial landscape in the Asia-Pacific (APAC) region is on the cusp of a significant transformation. Traditionally anchored by legacy systems, such as mainframes and AS400, APAC banks are now poised for a paradigm shift towards Cloud banking infrastructures. In fact, 80% of major banking organisations have already implemented cloud and SaaS p...

/markets

Paige McNamee

Paige McNamee

Understanding the EU’s DORA framework

The Digital Operational Resilience Act (DORA) was designed to address the potential systemic and concentration risks faced by the financial services sector, due largely to its close reliance on third party providers (TPPs). DORA requires entities to follow and implement protection, detection, containment, recovery, and repair focused rules to prev...

/regulation

Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

How California’s new climate laws will impact companies across the globe

Recognising that climate change is a global issue that doesn’t respect human-created boundary lines, in the past month-plus the state of California took decisive action that will impact many companies defined as doing business within its boundaries. Its legislature passed two bills, both later signed by Governor Gavin Newsom, that will require lar...

/sustainable

Pat Patel

Pat Patel Executive Director at Elevandi

How to foster conversations at the intersection of policy, technology and finance

Today’s fragmented regulatory landscape inadequately serves the ambitious innovators aiming to revolutionise the finance and technology sectors. Although discussions about regulating Big Tech have been ongoing for years, little has been done to counterbalance the sector’s growing influence or to bolster emerging players that are striving to improv...

/payments

Dominique Dierks

Dominique Dierks Senior Content Manager at Finextra

Understanding ISO 20022

Instant and cross border payments are high on the list of priorities for businesses and authorities worldwide, yet interoperability and integration between different clearing systems has been a challenge hindering meaningful progression. That’s why ISO 20022 will be a game changer once it becomes an official messaging standard. Yet for novices, t...

/regulation

Amanda Kavanagh

Amanda Kavanagh Contributor at Jobbio

VC funding to female-founded companies increasing, but more to be done

Despite all being relatively quiet on the VC funding front of late, female founders are still securing significantly more investment deals than they were five years ago. Recently updated data from market analysts PitchBook finds that so far in 2023, some 5.4% of European VC deals were female-only, compared to 2.6% in 2008. While in the US, 7% of d...

/people

Yi Ding

Yi Ding Assistant Professor at Gillmore Centre, Warwick

Why the UK's tech talent shortage is a barrier to innovation and progress

The UK, often referred to as a global technology hub, is facing a significant hurdle that threatens its standing in the tech world. Recently, a top technology chief has warned that the UK’s position as a global tech hub is suffering due to a lack of tech talent within the country and says that we lack sufficient digital education programmes to help...

/people

Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

How net zero frameworks can be guided by national policy

ESG and broader financial sustainability efforts have been major industry trends in the financial services sector in the last few years, with an increasing number of financial institutions adapting to ESG standards and implementing sustainable objectives to maintain transparency and accountability as climate change continues to wreak havoc on the ...

/regulation