Operational risk

Research/Operational risk

Sustainable Finance Live - Enabling positive change through innovation and collaboration

31 January 2023 399 downloads

News/regulation

Top banks back $24 million round in operational risk fintech Acin

A consortium of top US, European and UK banks have backed a $24 million Series B round in operational risk network Acin.

16 December 2022

Finextra TV/Sibos

Innovating for bank differentiation

Jussi Lindberg, CCO, Banking Circle joins FinextraTV at Sibos 2022, to reflect on the strategies adopted by banks to keep up in the race for payments innovation, the challenges that de-risking continues to present, and how partnerships can help banks deliver better, more accessible solutions to their corporate customers.

31 October 2022

News/crime

EBA publishes fraud taxonomy

The Euro Banking Association (EBA) has made its payment fraud taxonomy available to the public in a bid to curb the rising threats to the European payments system.

28 October 2022

Research/Operational risk

Banking as a Service: Predictions for 2023

20 October 2022 1005 downloads

News/regulation

Bunq wins AML case against Dutch Central Bank

Dutch challenger bank Bunq has hailed a "landmark" verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes.

18 October 2022

News/payments

PayPal to ride out social media backlash over misinformation policy change

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.

14 October 2022

Research/Operational risk

The Future of ESGTech 2023

12 September 2022 800 downloads

News/people

ICMA appoints first fintech head

The International Capital Market Association (ICMA) has named Georgina Jarratt as its first ever head of fintech and digitalisation in recognition of the growing influence of digital technology on capital markets.

05 September 2022

News/crime

UK orders crypto exchanges to report sanctions breaches

Crypto exchanges operating in the UK will face more reporting requirements over sanctions breaches under new rules introduced in the wake of Russia's war in Ukraine.

05 September 2022

News/crypto

Crypto-crime revenue drops by 65% - report

Revenue derived from cryptocurrency-related crime is down by 65% in the first half of 2022 compared to the corresponding period in 2021.

22 August 2022

News/regulation

FCA fines Citi £12.5m for trading oversight failings

The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity

22 August 2022

News/regulation

Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

22 August 2022

News/startups

Starling posts first profitable year

UK digital bank Starling has turned a £32m profit for the last financial year, marking its first full year of profitability.

21 July 2022

News/security

Firms failing to monitor social messaging

Financial services firms are falling short in their efforts to monitor employees' use of social media messaging despite ear-marking communications surveillance as an investment priority, according to recent research.

19 July 2022

News/startups

Fintech valuations fall by half a trillion

Nearly half a trillion dollars has been wiped off the valuation of fintech firms so far this year when their current value is compared to their peak valuation, according to CB Insights.

18 July 2022

News/crypto

Coinbase gets crypto service provider approval in Italy

Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.

18 July 2022

News/crypto

Bank of England to announce crypto regulation

The Bank of England’s Financial Policy Committee has called for widespread crypto regulation, reported Coindesk on Wednesday.

07 July 2022

News/regulation

EU reaches agreement on landmark MiCA regulation for crypto

The Council Presidency and European Parliament have settled on the Markets in Crypto-Assets (MiCA) proposal; ruling that crypto-asset service providers will require authorisation to operate in the EU, not including NFTs or media-related digital assets.

01 July 2022