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In a swift move, Indian Government demonetized High Denomination currency with immediate effect. The move encourages citizens to get digitally empowered and go for cashless transactions. The scenario ...
The Bank of England (BoE) has recently published a consultation paper on reforming the Sterling Overnight Index Average (SONIA) benchmark. It had conducted a similar exercise, albeit exploratory, as a...
The new General Data Protection Regulation (GDPR) is a new banking charter protecting personal data and will have a legal impact all entities trading with European citizens from May 2018. Banking Adva...
It’s been a while since I last blogged. Since then, one of the things I’ve been spending a lot of time on is the concept of ID&V, especially the challenge of joining the “ID” (identity) and “V” (v...
Intended to promote practical convergence and common supervisory approaches and practices, like EMIR and MAR before them, the MiFID II Q&A is fast becoming a favourite on my browser. In its recent...
It is not yet clear exactly how the decision to leave the EU will affect London’s financial services industry, but what we do know is there will be a significant impact. Uncertainty over remaining in ...
As banks have moved from ledger-based accounting to core banking solutions, and from there to channel solutions and digital solutions, their business has undergone much modernization and innovation. B...
In the initial stages of banking, clear guidelines, acts and frameworks were required for customers to transact with the banking system. Regulations were required to frame rules to prevent money laund...
Back in July when I wrote a piece on how retail banking customers continue to be underwhelmed, the Competition and Markets Authority were on the verge of suggesting new proposals that would shake-up t...
There are huge, untapped banking opportunities in Africa and banks in the region need to step up to succeed. Retail banking in Africa is far from straightforward. As the world’s second largest and sec...
Mr. Alan is absolutely right in his feelings. Now, I know that some members of the FinTech community will call me Hard Haid Moe but, with my 48+ experience in banking - technical & business - ...
Criminal activity, including fraud, is ancient. But there is a type of merchant-based, online fraud relatively new to the payments industry. Known as Transaction Laundering (TL), this form of fraud is...