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As a long time customer of RBS, I think the announcement last week by RBS to spend £1 billion on rebuilding their retail banking business is really great news and gives the bank a massive opportunity ...
It’s always heart breaking to see how people keep falling to good old fraud techniques, and while the recent wave of Sweetheart Scams carries a clear romantic notion, it’s actually one of the nastiest...
The concept of data quality in an insurance environment is a tricky one. The cost in acquiring good data is often weighed against speed of underwriting/quoting and model correctness. This can have a h...
While some governments around the world have struggled to keep up with the digital age, many Middle Eastern countries have risen to the challenge and introduced market-leading innovations. E-governm
That’s the future, if Tesco has any say in the matter. Just a couple of weeks after Facebook announced that it is to offer payments in Europe, banks in the UK now face war on two fronts, in the battle...
Earlier this month the Dutch central bank DNB issue a warning to banks across the country about the potential pitfalls of dealing with Bitcoin-related businesses. The issues raised are regularly expre...
High profile scandals and enforcement actions around the world have elevated the stature and scale of the compliance function across our industry. This could be seen as, perhaps, one of the few good ...
Let's take a second here and consider that many of compliance requirements could also: 1.) enable new product development that could drive value added services for their corporate clients, producing m...
Criminals do what they do because that’s their nature. Once bad, there’s hardly a chance they can be good. Jeffrey L. Patton, 43, said, “I’ve been scared to death of this day right here,” in referen...
Legacy Transformation - Making the move from a vicious circle into a virtuous circle…. For some time, I have been pondering the position in which most of the major banks around the world have found t...
Proposed investor protection requirements in Europe represent a seismic shift in the way that European regulated firms deal with records retention. European compliance officers are facing a raft of ne...
Inclusion in today’s workplace is moving beyond joining ethnic, LGBT or any other networks covered by the Equality Act. Proactive companies define it as diversity of thought, values and interests. ‘Be...