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Are you part of the tax regimes that the mandate effects? Argentina announced last October 31, 2013 that effective January 1, 2014, it would no longer support the “factura local” web service and would...
I read a recent article by Richard Dyson on Muzak and retailification of bank branches with great interest. Dyson highlights how some customers can feel alienated by the pace of change in branches. A...
Infosys’ recent report into Innovation in Retail Banking highlighted that on the whole banks are embracing innovation. Since last year’s study there has been a seven percent boost in the number of ban...
There is no such thing as a truly secure password; there are only more secure or less secure passwords. Passwords are currently the most convenient and effective way to control access to your accounts...
Julian Adams, Deputy Head of the Prudential Regulatory Authority and Executive Director of Insurance, has given a speech focused on the Bank of England’s (BoE) role in supervising insurance companies,...
The Asian Retail banking business has developed rapidly in the past two decades as both economies and businesses have increased in sophistication and wealth. Japan is still the largest retail banking ...
Present Bias refers to the innate human nature to value the short term over the long term. The behaviour is acutely evident in addictions where the value of say smoking a cigarette to overcome the imm...
One of the banking clients that I was managing had close to 750 plus reports generated daily for MIS purpose. I asked them a question - how many are read? The answer was not known to anyone. Banks typ...
Wallets suck. Seriously. Mine hurts my butt when I sit down. I have to remember to take it with me, and then I’m always afraid of losing it. There’s nothing fun about it. And…well…it’s dirty. It reall...
The Bank of England (BoE) has published a discussion paper called “A framework for stress testing the UK banking system”. The paper sets out the key features of the proposed stress-testing framework ...
We all know that fraud has been rising pretty steadily in some form or another over the past decade despite efforts to stem it. We have been able to control areas in which fraud was prevalent by imple...
With the European Securities and Markets Authority (ESMA) having finally authorised the first trade repositories under the European Market Infrastructure Regulation (EMIR), the race to implement trade...