4370 Results from /regulation
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
The public sector is increasingly outsourcing service production - and thus giving more space for the sector's management to do much more important work - policymaking, driving change, creating rulebooks and so forth. This is for sure a much-needed shift in attention and should be welcomed also by business - especially as we all experience the same...
13 September 2018 /regulation Innovation in Financial Services
Retired Member
Our economic crime data reveals that in the last three and a half years*, 90 percent of global fines (total $14 billion) were issued by United States (US) regulators. Of note is the fact that UK, French, German and Swiss banks, with branches stateside, paid nearly 40 percent of the total fines relating to economic crime in the US. Some have viewed...
13 September 2018 /regulation Banking Regulations
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
One of the difficulties in stepping into a red-hot technology space is you’re not sure what to expect. As you’re grappling with unexpected technical curve balls what if your own stakeholders beat you to death after seeing the results which are wrong by their expectations or understanding. The current nascent implementation of Artificial Intelligen...
08 September 2018 /ai /regulation Trends in Financial Services
Most industries have undergone regulatory overhauls over the past century; by my observation, none have done so more rigorously than the financial industry, which sometimes falls short of optimum self-regulation. Yet when you, as a business owner, build a culture that imposes self-regulation, you can reduce risk and build trust with your customers...
06 September 2018 /regulation /wholesale Financial Risk Management
Regtech” is defined as addressing regulatory requirement through technology to ensure regulatory compliance are met by Bank, Financial Institutions, Insurance companies, Central Banks and other market participants. Regtech are new startup technology companies competing with Fintech companies to ensure regulatory compliance issue are addressed via ...
06 September 2018 /regulation /retail Banking Strategy, Digital and Transformation
In past 2 years market for ICOs have boomed like a wild flower and the flower is everywhere. Only later you’ll realize that it isn’t the flower it is the weed. The concept of ICO was noble and it was trying to avoid the bullying that was going on in the start-up funding markets by VCs and Angel investors. Before I start talking about VC bullying o...
31 August 2018 /regulation Fintech innovation and startups
Running the stress tests now required of banks is tedious and expensive. But by digitizing — already common in other areas of banking — the quality of operations can be improved and cost savings introduced. Better and more efficient risk management — and easier management of the concurrent regulatory requirements now in place — is an area ripe f
29 August 2018 /ai /regulation Business Knowledge for IT
Maxim Pertl strategic business development DACH,Central Europe at Clearwater Analytics
New initiatives to keep an eye on New York City, Aug. 29 2018 New standards on the horizon for the new digital asset class The new asset class, DAC or Digital Asset Class, is soon to become more mature with new initiatives paving the way towards standardization and transparency. The reasons are obvious to those handling digital assets daily – opera...
29 August 2018 /regulation Data Management 101
This is an issue that has worried us for a while. For over 7 years we've been working in the Mobile Financial Services space and throughout that period we hear time and time again in our interactions with Banks & Payment experts etc, that Fraud is their Number One concern. Why is that? What is their expectation of Fraud, Loss or even Liability...
Anjani Kumar Principal Consultant - FS Risk & Compliance at Infosys Limited
“The real question is, when will we draft an artificial intelligence bill of rights? What will that consist of? And who will get to decide that?” — Gray Scott (futurist, techno-philosopher and amongst the world's leading experts in emerging technologies) In recent times, much has been written about and debated upon by industry and technology expert...
28 August 2018 /ai /regulation
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