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Blogs
Breana Patel

How Mastercard Has Built its Anti Money Laundering AML Program To Combat Fraud

At Bonova Advisory we interview C-suites, Influencers and Industry Thought leaders on various pining topics within Business, Finance and Technology. This week I had the pleasure of interviewing Maste...

30 Nov 2018
Financial Services Regulation
Breana Patel

Crypto Firms Excel in Technical Expertise But Have Little Understanding of Risk

Crypto Firms have great technologies that address a lot of challenges and open up an entire new world of doing business. In conversation with CoinFi's CEO Timothy Tan about how regulations and risk ma...

18 Oct 2018
Digital Asset Class (DAC)
Breana Patel

What are the top risks in Organizational Restructuring?

The Top Risks in Restructuring With great organizational change comes great responsibility. Therefore, in order to create a sustainable growth, companies must learn strategies on how to manage the r...

25 Sep 2018
Financial Risk Management
Breana Patel

How to improve company culture with Conduct Risk Framework?

Most industries have undergone regulatory overhauls over the past century; by my observation, none have done so more rigorously than the financial industry, which sometimes falls short of optimum self...

06 Sep 2018
Financial Risk Management
Breana Patel

Digitizing Stress Testing

Running the stress tests now required of banks is tedious and expensive. But by digitizing — already common in other areas of banking — the quality of operations can be improved and cost savings int

29 Aug 2018
Business Knowledge for IT
Breana Patel

Why do Customer Identification Programs Fail in AML?

How CIPs Fail to Uphold AML and BSA Customer Identification Programs (CIPs) were put in place to reduce identity fraud for individuals and banks, but these programs fall short in complying to various ...

20 Aug 2018
Banking Strategy, Digital and Transformation
Breana Patel

CECL Vs CCAR

CECL vs. CCAR: A Significant Change in the Banking Industry In an effort to reinforce the financial system, The FASB (Financial Accounting Standard Board) releases new regulations and policies from ...

24 Jul 2018
Banking Regulations
Breana Patel

Top 5 Fintech and Banking Trends : Cognitive Banking enables AI to create solutions based on BigData

In conversation with Marika Lulay we discuss top 5 trends in Fintech and Banking Industry 1.Industry 4.0 — I strongly believe that there is a paradigm shift in the way IT systems will be built and run...

24 Jul 2018
Banking Regulations
Breana Patel

9 Ways Banks will Change in Next Few Years

Fintech - Financial Technology has greatly disrupted the way that banks and financial institutions operate today. Think about it, today its hard to imagine not using Paypal. But just like Paypal total...

18 Jul 2018
Digital Banking Trends
Breana Patel

Challenges in Building Effective Risk Appetite

A Difficult Task, But a Necessary One The Challenges of Gauging Effective Risk Appetite Managing a bank’s risk appetite strategy is unique to each organization. Unlike some areas that are more clearly...

16 Jul 2018
Financial Services Regulation
Breana Patel

The Big Bang of Fintech , Regtech and Suptech

Imagine a capital markets desk of a financial institution where a trader is about to press enter on the keyboard to initiate a market position when a message pops up on the computer screen from a regu...

16 Jul 2018
Financial Services Regulation
Breana Patel

What are the Top Risks Involved in Crypto Assets?

The ever-increasing risks that financial institutions face include market risk, credit risk, and operational risk. As a result, there’s a race to explore the benefits of Block chain technology for its...

10 Jul 2018
Digital Asset Class (DAC)

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