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.
EUROPEAN COMMISSION - High Level Group of Independent Stakeholders on Administrative Burdens exerpts from OPINION OF THE HIGH LEVEL GROUP "The VAT Directive explicitly allows the use of electroni...
Couple of stories from the FT this week that demonstrate the value of social networks to the financial world (or alternatively, the media's obsession with Twitter and Facebook - you decide). First up,...
I stumbled acrosss an article in the Telegraph this morning, "50 things that are being killed off by the internet". Most of the things that are getting killed off seem to be for the better ...
As we heard from Stig Korsgaard at SIBOS there a rather unique happy confluence has been arrived at as: 1. The EC Expert Group on e-Invoicing turned to UNCEFACT to get a global e-invoicing standard t...
We talk about criminal hackers, scammers and bold face conmen like they are mysterious creatures from the twilight zone. While they are certainly interesting and mythical creatures, fundamentally the
SNL recently published an article discussing the FDIC's new policy change on de novo banks. In "Extending Bank's Adolescence," author Christina M. Mitchell writes, the "change effective...
From the broadest perspective, you could say buying a bank is like buying a car: you pick the one you want, kick the tires, and then make an offer. But because banking is a highly regulated industry a...
Just when you think you’ve seen it all, cyber criminals come up with some jaw dropping social engineering trick that demonstrates their ability to innovate and adapt. RSA FraudAction Lab discovered an...
The final full day of Sibos, and at last I get to the subject of standards. It had to come eventually! Today, I went to a very interesting session on implementing SWIFT standards, which included panel...
You would have though that trade reporting would be a simple thing with the regulatory organisation specifying what they wanted reported, by what medium, by whom and when but this is all too simplisti...
Sibos 2009 is drawing to a close and, as every year, hundreds of meetings, presentations and discussions have taken place. While Sibos has traditionally been a correspondent banking event, there has
As we look back over the past twelve months, there have been significant changes in the financial services industry. Recent experience has highlighted the nature of the challenges inherent within fina...