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Introduction The genesis of the Client suitability and appropriateness framework lies in Markets in Financial Instruments Directive (MiFID II) regulation. MiFID II is scheduled to be implemented in J...
The most impactful element of PSD2 – that banks must open their customers’ accounts to third-party payment and information requests – is paving the way for an entirely new end-user experience in digit...
According to a few reports I read this week we should all be thankful to the European Commission for clearing up the "loophole" that existed in the current Systematic Internaliser regime. We...
In the Middle East, cash is the preferred method of transacting, however the region is edging toward a digital society. 36% of Middle East residents are digital shoppers and are expected to spend $19B...
For years we’ve been reading stories about the imminent death of old-fashioned notes and coins and how we’re all going to be spending money via digital wallets and smartphones as hard currency becomes...
When the public bands together, their voice is truly distinct. During the 2008 financial crisis, considered to be one of the world’s worst economic disasters, their collective voice could not have b
The regulatory gap in ecommerce payments is a pressing issue. Transaction Launderers are taking full advantage of the gaps in the current regulatory regime to funnel illicit ecommerce transactions in...
The UK has long held a much sought after position when it comes to financial services. There’s a huge strength of talent, access to capital, regulation and demand from consumers to high end corporatio...
The Tiny Technical Elite is a term that was used by the author Kurt Vonnegut in his futuristic book, Player Piano in 1952. Yes, as early as that, futurists were predicting the strain that automation w...
This is Part 1 of our series of articles in “Digital Client Onboarding for Financial Services: Move Fast, Ask Less”. So, what does User eXperience (UX) have to do with compliance? Well, when we break...
Of all industries banking has been amongst the slowest to migrate core processing to the cloud. There is no doubt that the few cloud providers that started their businesses purely designed for the clo...
Volcker Rule is a federal regulation that restricts banks from making speculative investments with their own customers’ accounts. The rule was proposed by former US Federal Reserve Chairman Paul Volck...