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This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.
The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept h...
Trust is the glue that holds society together. Historically we trusted people in our local community. Later this evolved to a centralized trust in large corporations and institutions, but recently thi...
Banks are technology companies with a banking license ! This claim and similar claims can be read more and more in articles on trends in the financial services sector and is often used as an argument ...
Ever wondered how great magicians can trick us into believing things which aren’t quite true? From David Copperfield’s flying illusion to one of Penn & Teller’s card tricks, they all have one thin...
Financial services, and payment systems in particular, continue to transform at a great pace. Such transformation, and the speed with which money can now move, provides consumers of financial services...
The Need for Effective, Holistic Compliance Monitoring and Surveillance In a perfect world, financial regulators would exist solely to define the policies and procedures needed to protect consumers,
A 2017 report by Investment Technology Group projected that electronic equity execution in the US and Europe would grow to around 57% and 55% respectively in 2019, up from 48% and 50% in 2015. But as ...
The current state of the Israeli real estate market is perhaps best described as ‘volatile’, not because of whipsaw activity in supply and demand, but because future demand is expected to severely out...
With financial crimes at an all-time high, the tactics used to commit these crimes have become increasingly more diverse and sophisticated. And of all the various forms of fraud being committed today,...
In 2017, it was reported that the payment protection insurance (PPI) scandal had cost some of Britain’s largest high street banks more than £34bn. Yet our analysis of over 1.25 complaints shows that t...
There is a Youtube video on the collapse and causes of the collapse of the Mariana Dam disaster in 2015, specifically using satellite imagery to assess key elements before, during and after the Fundão...
For at least the last three decades, fraud monitoring of transactions and portfolios has been a cornerstone of protecting the brand, be it for scheme, bank or consumer reputation. There have been a nu...