Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
When it comes to having a favorable business environment, few would associate more regulations as being the answer. Increasingly complicated compliance issues often create more red tape, which makes i...
In this era of virtualisation, cloud computing and smart mobile devices, the IT infrastructure landscape looks significantly different to a decade or even five years ago. Yet in many organisations, se...
Back from Sibos? Time to dive into the green books and get busy with the remediation work for the annual SWIFT Standards Release. It comes around every year as sure as death and taxes. How many Sta...
Over recent weeks I seem to have spent a lot of time in the innovation space, with plenty of talk about being innovative, creative and forward thinking. However, given the very different angles that e...
The market size and app richness in the new payments area begs the question, where is this all going? And what should the perfect payment solution of the future look like? In this final part of the bl...
The credit risk associated over a loan lifecycle can be best arrested at the time of originating the loan itself. So, Invariably there is a need to have a more robust process and an intelligent syste...
It’s an interesting time to be a technology provider in financial services. For many years there has been talk that banks need to change the way they run their back office in order to cut costs. A com...
THE CONDUCT RISK IMPERATIVE The FCA’s recent focus on conduct risk marks a significant shift in mindset for most financial organisations. Leaving the term ‘conduct risk’ deliberately undefined, the FC...
In an ideal world, Big Data should be an enabler for financial services firms to have greater insight into their business. It should enable investment banks to have greater visibility of their trading...
Host Card Emulation (HCE) technology support is growing by leaps and bounds. Since it was introduced in the KitKat version of the Android operating system, HCE support in smartphones has been growing ...
To think of BCBS 239 as just another regulation is to misunderstand its end game. Solving the challenges it lays down requires a strategic approach. Risk data aggregation needs executive sponsorship f...
Given the critical role national payments systems perform in making economies tick, it’s only natural that regulators around the world are increasingly looking at ways to increase payments speed in or...