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Morgan Stanley fines bankers over messaging breaches

Morgan Stanley fines bankers over messaging breaches

Stripe sets one-year timetable for IPO decision

Stripe sets one-year timetable for IPO decision

Nyse trading chaos caused by failure to turn off backup system

Nyse trading chaos caused by failure to turn off backup system

Lloyds invests £4m in driving payments app Caura

Lloyds invests £4m in driving payments app Caura

Dutch central bank fines Coinbase €3.3m

Dutch central bank fines Coinbase €3.3m

UK bank branch closures accelerate as NatWest drops the axe

UK bank branch closures accelerate as NatWest drops the axe

Commerzbank sues EY over €200 million Wirecard loss

Commerzbank sues EY over €200 million Wirecard loss

Hawk AI scoops $17 million in Series B financing

Hawk AI scoops $17 million in Series B financing

HelloGold shuts up shop; Luno cuts 330 jobs

HelloGold shuts up shop; Luno cuts 330 jobs

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The long read
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Paige McNamee

Crypto regulation: Despite FTX, Ripple is optimistic on crypto regulation for 2023

Paige McNamee - Finextra Research
Latest TV
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2695
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Leveraging technology to improve sustainability
/predictions

Leveraging technology to improve sustainability

Marianne Haahr, Nature-related Finance Lead, Global Canopy, shares her predictions for 2023 following talks at COP15: The UN Biodiversity Conference, and what they will mean for finance and technology-related companies, such as, how open data assists businesses in incorporating ESG and where the new agreements made at COP15 will take us in the year ahead.

12 Jan
The regulations affecting environmental impact reporting
/predictions

The regulations affecting environmental impact reporting

In this PREDICT 2023 episode, Anita De Horde, Co-founder and coordinator, Finance for Biodiversity Foundation, discusses what COP15 policies require of businesses and financial institutions and how Big Data can assist with measuring and reporting environmental impacts throughout supply chains and portfolios in the year ahead.

23 Jan
The financial industry's responsibilities post-COP27
/predictions

The financial industry's responsibilities post-COP27

In this instalment of our PREDICT 2023 series, Maya Hennerkes, Director, Climate Strategy and Delivery, Green Financial Systems, EBRD, says what’s left to be done by the finance industry in 2023 post- COP27: UN Climate Change Conference, and how implementation, execution, and open data this year in Sustainable Finance will strengthen the economy and planet.

12 Jan
The impact of open innovation on biodiversity in 2023
/predictions

The impact of open innovation on biodiversity in 2023

This PREDICT 2023 Series features Katherine Foster, Executive Director, Green Digital Finance Alliance, discussing her expectations for sustainability post-COP15, identifying the innovation and collaboration needed to accomplish the conference's targets, and predicting how we will innovate in 2023 to address the fragmented solutions that protect biodiversity.

23 Jan
Events
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56
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18029
Registered delegates
Webinar - Cross-border: 4 steps to maximise cross-border payments success

Webinar - Cross-border: 4 steps to maximise cross-border payments success

23 Feb 2023 » Online

Register for our upcoming webinar with Bottomline Technologies on 23rd February 2023 at 3pm GMT, as industry experts discuss what strategies can financial institutions use to facilitate cross-border transactions.

Registered: 361

Financial Cloud Summit 2023 | In-person conference

02 Mar 2023

London, England

Financial Cloud Summit 2023 | In-person conference

Build your plan for cloud success in financial services

Registered: 300

Webinar - Embedded finance: A marketplace differentiator for banks

07 Mar 2023

Online

Webinar - Embedded finance: A marketplace differentiator for banks

Register for our upcoming webinar with OpenText on Tuesday 7th March at 3pm GMT, as industry experts discuss the journey to an embedded ecosystem

Register now

Online learning

The long read
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Níamh Curran

The golden circle: Are gold-linked digital assets the future?

Níamh Curran - Reporter - Finextra
Community
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18,862
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151
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Women in FinTech 

Creating efficient customer experiences through exceptional UX design

Ryta Zasiekina

Ryta Zasiekina - FYST - Riga

Fintech 

The Emerging FinTech Trends That Will Shape 2023

Rachele Carraro

Rachele Carraro - Mintago - Milan

PropTech 

Technology and the changing face of the mortgage market

Stuart Cheetham

Stuart Cheetham - MQube - Guildford

Fintech 

You wouldn’t use an unregulated bank, so why should you use an unregulated crypto exchange?

Oliver Linch

Oliver Linch - Bittrex Global - Vaduz

Change ahead: Key KYC and financial crime developments in 2023

25 Jan

Beyond stocks and bonds: the world of alternative investments

25 Jan

AI Adoption Increases AuM, Revenues, and Productivity - Research Finds

25 Jan

Why Account Based Marketing (ABM) is a key B2B fintech strategy

24 Jan

A one-stop service to FinTech

24 Jan

/cloud
See all /cloud »

News and resources on cloud strategy, selection, build, migration and operation for banks and fintechs.

Stripe scores major Amazon deal

Stripe scores major Amazon deal

Nexi taps IBM to modernise core payment processing

Nexi taps IBM to modernise core payment processing

BNP Paribas invests in AccessFintech

10 Jan

Finextra's top impact study reports of 2022

28 Dec 2022

Finextra's year in review

23 Dec 2022

Financial Cloud Summit sneak peek: headline speakers announced

23 Dec 2022

MSCI taps Microsoft Azure for investment intelligence platform

19 Dec 2022

Cloud blogs

Making quicker and more informed decisions: what role does 'open finance' play?

Andrea Varga

Andrea Varga - Aryza - Nottingham

A changing landscape

Mark Roberts

Mark Roberts - Aryza - Toronto

Sponsored: [Upcoming Webinar] Embedded Finance: A marketplace differentiator for banks

Elsewhere...

  1. CityAM

    A recession will end the era of free money and tip the scales back to the Big Banks

  2. Metro

    Barclays to close branch that has just one customer who refuses to go online

  3. The Guardian

    NatWest’s biometric app security is blinking annoying

  4. CityAM

    Cashed-up banks ready to buy UK fintech firms on the cheap in 2023, says VC chief

  5. The Sun

    WORKING CLASS HERO How people’s bank hero Dave Fishwick went from Burnley bus dealer to toast of Hollywood worth £500 million

/markets
See all /markets »

News and resources on capital markets, exchanges, trade execution and post-trade settlement.

Nyse trading chaos caused by failure to turn off backup system

Nyse trading chaos caused by failure to turn off backup system

Morgan Stanley fines bankers over messaging breaches

Morgan Stanley fines bankers over messaging breaches

Art shares exchange strikes deals with SIX, Bloomberg and The London Stock Exchange

23 Jan

Investing social network yeekatee raises $1.9m

18 Jan

Peel Hunt analysts take bullish view on fintech

18 Jan

Robinhood launches media arm

17 Jan

Climate X hires Monzo's Andrew Ellam as tech VP

16 Jan

Markets blogs

AI Adoption Increases AuM, Revenues, and Productivity - Research Finds

Tommaso Migliore

Tommaso Migliore - MDOTM Ltd - London

How Much Should Companies Invest In Their Marketing Spend?

Victor Martin

Victor Martin - SquareRoot - Dublin

Sponsored: [On-Demand Webinar] Data Modernisation: A key element of business transformation

The long read
See all »
Sehrish Alikhan

Cloud Makeover: How has cloud migration changed National Australia Bank?

Sehrish Alikhan - Editorial Assistant, Finextra
Shared

  1. Universal Digital Payments Network launched at Davos

  2. Wealth Management and Artificial Intelligence, the buzz continues for 2023

  3. Thousands of PayPal users victim of data breach

  4. Big US banks prep mobile wallet to take on Apple

  5. Capital One cuts 1100 'agile' tech jobs

/cryptocurrency
See all /cryptocurrency »

News and resources on digital currencies, crypto assets and crypto exchanges worldwide.

Dutch central bank fines Coinbase €3.3m

Dutch central bank fines Coinbase €3.3m

HelloGold shuts up shop; Luno cuts 330 jobs

HelloGold shuts up shop; Luno cuts 330 jobs

Copper appoints former chancellor Hammond as chairman

11 h

Saudi Central Bank engages with fintechs and banks on CBDC

21 h

HM Treasury advertises for CBDC lead

25 Jan

ECB contemplates development of basic digital euro app

24 Jan

Dawn Capital promotes Dan Chaplin to co-head of fintech and digital assets

23 Jan

Cryptocurrency blogs

You wouldn’t use an unregulated bank, so why should you use an unregulated crypto exchange?

Oliver Linch

Oliver Linch - Bittrex Global - Vaduz

Digital Payment Innovation is Driving Financial Change in Emerging Markets Worldwide

Sean Salloux

Sean Salloux - Sentinel Digital - London, New York

Sponsored: [Webinar] Cross-border: 4 steps to maximise cross-border payments success

Discussion
Morgan Stanley fines bankers over messaging breaches
A Finextra Member

A Finextra member

  Once upon a time, when traders (for instance) were entering their trading floor, they had lockers and all comms devices had to be locked therein.  By the late 1990's, they'd become a joke.  All sorts of tools were used to illicitly chat, which, for instance, is a huge part about how the LIBOR scandal was able to happen.  Bloomberg terminal chat rooms and messaging was another method, though at some point, firms that cared about compliance started using B Vault to capture and analyze such comms.  But there has long been an attitude in the 'business' that cheating is possible and lucrative, you just have to find a communication method no one in compliance is paying attention to.  There is a drive to make as much money as possible and breaking rules, regs and laws is, in too many firms,the shortcut to doing so. Having said that, SOME firms don't consistently review official system based comms the way they need to.  Too many senior managers don't want to put the effort in. I hope MS manages to get this under control.  I'm not holding my breath, though.

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My experience on Mainframe modernization for major US Bank
Cyrus Montakab

Cyrus Montakab

  Re coding a new application by extracting of Business Rules to use as specification for rewrite is not so simple. Our Banking clients found it more proficient to use a to translate the code to Java, remove old unused parts, and add new functionality. For more information see : COBOL to Java Conversion Success Stories (softwaremining.com)  

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Research
See all reports »
UK Open Banking API Performance 2021-2022

UK Open Banking API Performance 2021-2022

Seeking Approval - Acquirers vs. Transaction Fraud

Seeking Approval - Acquirers vs. Transaction Fraud

The Future of Digital Banking in North America 2023

The Future of Digital Banking in North America 2023