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Bank regulation is older than you think. The ancient Code of Hammurabi, which predates Moses and the Biblical legal code of the Pentateuch, includes rules for interest-bearing loans (not more than 30%...
Regardless of the implications over Brexit, the spectre of MiFID II still remains. For some organisations, it will just require a strengthening of processes and procedures already in place to ensure c...
We recently attended two conferences within a space of four weeks - ACT 2016 at Liverpool and EBAday 2016 in Milan. A financial community family reunion to coin a phrase. The underlying theme at ACT ...
You’ve probably read many times that two-factor authentication is a superb extra layer of protection against a thief hacking into your accounts, because gaining access requires entering a One Time Pas...
Why Digital, NOW? Banking industry is at crossroads There are tremendous expectations from banks to keep up with service experiences that are provided by retailers, online providers and other player...
As kids, we grew up with Giant Robot and Johnny Sokko, a TV series that captured the fantasy of an entire generation. We all loved to emulate Johnny’s voice commands to his watch, and the resultant ae...
When trying to define modern trends of the payment market in a few words, one could say that payments become: a) faster, b) safer, c) cheaper and d) easier. For example, payment by card in an online s...
Wash trading is defined by the Chicago Mercantile Exchange in rule 534 as trading where the trader knows that no change in beneficial ownership occurs. In wash trading there is no market risk, and no...
My property management company in UK wanted me to link the following information to my monthly rent payment: MCS MERIDIAN CLIENT ACCOUNT HOUSE RENT 98 MERIDIAN PLACE JUN 2008 There was no way I could ...
As noted by the FCA, in terms of immediacy, much UK regulation derived from EU legislation will remain applicable until changes are made by the UK Government and Parliament post-Brexit. Having said th...
A lot has been written about the existential threat that fintech supposedly represents to traditional banks. In one popular narrative, banks are characterized as obsolete dinosaurs, lumbering towards ...
Blockchain technologies are being investigated by many in the industry to rebuild and disrupt the way financial markets operate. Arguably the most important blockchain technology, as it applies to cap...