278 Results from 2023, /regulation
William Thomey Co-head Business Development at Acadia
As the much-written-about Uncleared Margin Rules (UMR) have been phased in since 2016, a significant number of derivative users now find themselves exchanging both regulatory Variation Margin (VM) and Initial Margin (IM) with their counterparties. As a result, there is both increasing volume and complexity around margin settlement. Layer on inter...
08 March 2023 /payments /regulation
Ian Henderson CEO at Kyckr
After a decade aptly described as the 'golden age of FinTech', last year saw a substantial dip in global FinTech investment (from $238.9bn in 2021 to $164.1bn in 2022). The industry, as one easily can imagine, was rattled. Media called it 'FinTech's first test' and 'the great FinTech reckoning'. They all agreed that the so-called 'easy money' had ...
07 March 2023 /regulation /predictions Fintech
Alin Bui Co-founder & Chief Strategy Officer at Anduin Transactions
Fund managers today are bullish about the retail markets as a new investment stream, in part to reduce dependence on institutional portfolios. But many in private equity and venture capital are grappling with how to engage this promising category of investors. Through the turbulence of 2022, we observed the growing relationship between fund manage...
06 March 2023 /regulation /markets RegTech
Retired Member
A judgment by the Court of Justice of the European Union (CJEU) may have turned back the clock on effective anti-money laundering capability. In a surprise announcement on the 22nd of November, the CJEU closed the doors on public access to company beneficial ownership registers. This decision is counter to the requirements of the EU's 5th EU Anti-...
01 March 2023 /regulation /crime
Rajeev Verma Consultant at Tata Consultancy Services Ltd
Role of Process Mining in enabling ESG compliance Overview ESG progression in BFSI Industry : Undoubtedly there is never seen focus on environmental, social, and governance issues post-pandemic Covid-19. Although the financial sector has been investing in CSR activities for the last few decades, the momentum has been building due to the rising
28 February 2023 /regulation /sustainable Banking Regulations
Fatemeh Nikayin Co-Founder at Rivero
On first inspection, the card payments industry appears to be a mismatch of service providers covering similar functions. However, each firm has an important role in the card payment process. From customer sales to transaction bookings, a breakdown of the card payments value chain is overdue. Locking Down the Customer The crucial first step in the...
27 February 2023 /payments /regulation Payments strategies 2015-2020-2030
Luigi Wewege President at Caye International Bank
The fintech industry is constantly evolving and improving, and 2023 is no exception. It is predicted that the fintech space will multiply and reach $174 billion in 2023. The banking industry has recently experienced a massive surge in adopting fintech solutions as users become more tech-savvy. There are several emerging technologies in Fintech, an...
25 February 2023 /regulation /predictions Fintech World
Steve Morgan Banking Industry Market Lead at Pegasystems
Many will be keenly aware that the UK’s financial regulator the FCA is asking the retail banking sector to drive ahead with applying tougher customer service standards. With the initial July 2023 deadline on the horizon, keeping to their timetable should mean greater adoption of more agile development, low code and automation technologies and tech...
22 February 2023 /regulation Banking Regulations
Gery Zollinger Head Data Science & Analytics at Avaloq
Adoption of AI technology has come a long way in recent years, especially in the back and middle office of financial institutions where the ability of AI to sort vast quantities of data, automate repetitive processes and accurately identify outliers is particularly valuable. From anti-money laundering to payment fraud prevention, AI is helping fin...
21 February 2023 /regulation /wealth Artificial Intelligence and Financial Services
Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC
Fintech, or financial technology, is transforming the way we manage our money. From mobile banking to cryptocurrency, there are a multitude of innovative financial products and services that are changing the financial landscape. In 2023, there are 10 fintech trends that are particularly noteworthy, including the rise of decentralized finance, the ...
21 February 2023 /regulation /predictions Fintech innovation and startups
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