Operational risk

229 articles tagged with this keyword

/payments

Money 20/20 Europe 2019: Securing the small business commercial model

Money20/20 Europe 2019 kicked off proceedings in Amsterdam with president of the annual event Tracey Davies taking to the stage, exploring the theme of alchemy which is an apt metaphor for the magical solutions that will emerge.

/Operational risk

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

/Operational risk

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

/Operational risk

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

/Operational risk

Digitisation and collaboration on Ireland's agenda

The SWIFT Business Forum Ireland 2019 explored how Irish financial institutions can deliver a truly digital customer experience through a spirit of collaboration, while staying secure against evolving cyber threats.

/wholesale

Barclays invests in simulation tech outfit Simudyne

Barclays has led a $6 million Series A funding round for Simudyne, a simulation technology firm used by banks for things such as stress testing and contagion management.

/Operational risk

US reports record surge in electronic trading data

Greater use of electronic trading and market volatility saw a record surge in trading data reported by the US capital markets watchdog in 2018, raising questions about regulators' ability to successfully and safely monitor markets.

/Operational risk

Cryptoexchange assets locked after founder dies

Operators of Canada's biggest cryptoexchange are unable to access more than £100m in reserves after its founder died taking the passwords and recovery codes with him.

/Operational risk

Metro customers hit by text-targetting attack

Metro Bank has fallen victim to a new type of cyber fraud that targets the codes sent via text messages used to verify transactions.

/Operational risk

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

/ai

AI, Big Tech and the cloud will damage the banking industry if not embraced - Citibank

Citibank’s global head of bank research Ronit Ghose kicked off this year’s EMEA Media Summit by highlighting how artificial intelligence, Big Tech and core banking systems on the cloud will disrupt financial services.

/Operational risk

Danish watchdog could face EU inquiry over Danske Bank scandal

Denmark's Financial Services Authority (FSA) is bracing itself for a formal enquiry from the European Banking Authority over the money laundering scandal at Danske bank that was reported last week.

/Operational risk

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

/Operational risk

Revolut looks to mitigate Brexit with Lux licence

London-based digital payments company Revolut is applying for a licence in Luxembourg in order to mitigate any fallout from Brexit.

/Operational risk

Outage fever strikes UK banks

A spate of online banking glitches has hit the UK's leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

/Operational risk

Financial Services Seizing the Opportunity in New York

Innovation in Payments, Technology and Cyber Risk Management were all key topics at the Swift Business Forum New York 2018. 600 financial services professionals and industry experts recently gathered in the Big Apple to discuss the opportunities that innovation and collaboration provide.

/Operational risk

Danske Bank boss quits over money laundering scandal

The CEO of Danske Bank, Thomas Borgen, is to step down following allegations that the Danish bank laundered billions of mostly Russian cash through its Estonian branch.

/Operational risk

Australian central bank assures public after outage

Full service has resumed at the Reserve Bank of Australia (RBA) after it suffered a power outage on Thursday.

/Operational risk

Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

/Operational risk

UK government launches coding school

The UK government has launched a new body for training prospective coders in order to address an increasing digital skills gap.