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Over the past few months, I have written a lot about the dreaded compliance mandates in Latin America. Unlike the US and Europe, Latin American countries including Brazil and Mexico have forced the ad...
My husband's copy of British *adult* comic magazine Viz landed on our doorstep this weekend. (Whatcha gonna do? - at least he's not into football) In it is a wonderful two-page spread called 'Bankers!...
According to many recent analyst reports, including the World Retail Banking Report 2012 co-authored by Cap Gemini and EFMA, customers are viewing the Internet - alongside the branch - as one of the ...
Famous for its mobile payments solution, Jack Dorsey’s Square is already exceptionally popular with merchants in the US. For several years the innovative payments dongle has allowed small businesses (...
The Reserve Bank of Australia (RBA) has been encouraging Australian banks to innovate for some time now. In a consultation paper released earlier this year, the Central Bank highlighted calls for th...
When we recently bought a property, we had to engage the services of a solicitor in order to do the conveyancing. Part of the process involved a number of searches. A line of highly paid professionals...
With the public accusation of money laundering against Standard Chartered, and its subsequent settlement with the New York State Department of Financial Services, it got me thinking – how do the regul...
The adoption of collaborative applications within a financial institution can present compelling benefits and significant challenges. These applications are gaining attention in the financial sector d...
Earlier this month Intellect published a report that, “calls on financial regulators to force banks to upgrade their legacy IT systems, or risk future financial crises and systems failures”. Among th...
Money laundering continues to be a scourge on financial services. Recent cases of some of biggest and most respected banks clearly demonstrate that as time goes by the risk of money laundering keeps i...
Does anyone remember the scene from season five of The Wire, when Proposition Joe starts laundering the money from the New Day Co-op drug cartel in an off-shore bank in Antilles? (If not, get the box ...
Earlier this month, the Bank of England launched the Funding for Lending scheme, to lend money at below market rates to financial institutions. It is designed to prompt banks and lenders to make more ...