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Change is the only constant in the financial services sector. This has long been the case; however, the coronavirus crisis has put it on a level like nothing else we have ever seen before. The impli...
“The human face is, after all, nothing more nor less than a mask.” Dame Agatha Christie, the famous murder-mystery writer, once said. Our face is just a mask in an ocean of masks, and it only shows wh...
The United States has stepped up its anti-money-laundering practices after taking some heat. In the Financial Action Task Force's 2016 mutual evaluation, the group found: Lack of timely access to adeq...
The global growth of banks and challenger fintechs based in the western world has long been restricted because of issues related to effective identity (ID) verification. The stumbling block has been l...
Across industries, data is recognised as an organisation’s most valuable asset. From data comes knowledge and new insights that can be used to improve every function of a business, from new and better...
Since the 2008 financial crash, financial services have developed their compliance systems at pace. From tools that analyse trades and behavioural anomalies, to those that track and map changing finan...
One of the most prominent issues keeping stakeholders in the payments industry busy at the moment is Strong Customer Authentication, or SCA, the new European security standard that intends to protect ...
How do we reimagine the regulatory framework? In an increasingly interconnected world financial services are rapidly blurring boundaries. They need to constantly keep track of changing regulatory obli...
Fraud and financial crimes perpetrated against insurers are on the rise. Although the banking industry remains the primary route for money laundering, stricter regulations and improved AML controls wi...
2021 will be a challenging but critical year for financial organisations wanting to deliver change within client onboarding and client lifecycle management (CLM). Covid and the fear of a global recess...
With regulators worldwide becoming more and more demanding and processes to get licensed becoming more and more costly and complex, obtaining a license from a regulatory authority has become a full bu...
On 10 July 2020, the SEC released for comment a proposed rule that would change the reporting threshold for Form 13F from $100 million to $3.5 billion for institutional investment managers. The SEC th...