4433 Results from /regulation
Joris Lochy Product Manager at Intix | Co-founder at Capilever
When discussing the dynamic world of Fintech, particularly in the context of neo-banks and payment Fintechs, licenses play a crucial role. This regulatory aspect, while less glamorous than cutting-edge user experiences, is a fundamental component of the Fintech ecosystem. Unfortunately, it often does not receive the attention it deserves in Fintec...
02 November 2023 /regulation /retail Banking Regulations
Clare Rowley Head of Business Operations at Global Legal Entity Identifier Foundation (GLEIF)
Efficiently accessing the data they need is a core challenge for organizations conducting due diligence and ongoing risk monitoring for corporate customers and suppliers. The information needed often comes from varying and disparate sources. KYC processes lack standardization due to the fragmented nature of national AML/CFT requirements. This prev...
01 November 2023 /regulation /identity RegTech
Kieran Holland Head of Technical Solutions at FinScan
Corporate AML compliance objectives are a balancing act of effective risk management, revenue goals, and cost savings, but the reality is that many organizations struggle to achieve this balance with their AML programs. Instead, they are hamstrung by disjointed processes that fail to use or share all the data or resources across the organization. ...
31 October 2023 /regulation /crime
Nikolay Denisenko Co-Founder & CTO at Brighty App
As the Securities and Exchange Commission (SEC) scrutinizes centralized exchanges (CEXs) and Web3-connected banks, the regulatory landscape in the U.S. is murkier than ever. Even given the Grayscale and Ripple’s recent wins over the SEC, the regulators’ stance on crypto-related products and services remains unclear. In contrast, Europe is pushing ...
30 October 2023 /regulation /crypto Cryptocurrency Insights
Jose Pierre CEO at Marketware International, Inc.
In the ever-evolving realm of financial trading, the symbiotic relationship between Order Management Systems (OMS) and Execution Management Systems (EMS) has served as a cornerstone of operational efficiency and strategic decision-making. As the landscape of trading continues to undergo transformative shifts, the role of OMS and EMS has transcende...
30 October 2023 /regulation /markets Artificial Intelligence and Financial Services
Penny Townsend Co-Founder & CPO at Qualpay
When it comes to designing your website, it's crucial that you make your checkout page as convenient, simple, and seamless to navigate as possible for your customers. After all, the checkout page is where the rubber meets the road, you might say. That is, it's where customers ultimately decide to buy what you are selling. There are two types of ch...
26 October 2023 /payments /regulation The Payments Business
Supriya Dahiwelkar Director, Payments at Delta Capita
On 28th June 2023, the European Commission announced the proposal for modernising payment services and opening financial services data with the aim of bringing payments and the larger financial sector into ‘the digital age’. This is a key step in the transition of the industry from Open Banking to Open Finance. Not surprisingly, this coincides perf...
26 October 2023 /payments /regulation
Retired Member
The European Commission (EC) has adopted a legislative proposal on instant payments in euro, in the form of an amendment to the 2012 SEPA regulation. Although the draft regulation leaves some questions unanswered, the direction of travel is clear. This blog considers some of opportunities of instant payments and why banks should prepare now. We li...
25 October 2023 /payments /regulation
Claus Christensen CEO at Know Your Customer
From impressive AI-assisted artwork and music generation to intelligent virtual agents that provide efficient responses to customer service queries, recent breakthroughs in artificial intelligence (AI) are transforming the way we approach diverse areas of our lives. Latest developments in AI have opened a whole new world of possibilities, and this...
24 October 2023 /regulation /crime Artificial Intelligence and Financial Services
Luigi Wewege President at Caye International Bank
The Top 10 Ways AI is Revolutionizing the Retail Banking Industry Artificial Intelligence (AI) has emerged as a transformative force across various industries, and retail banking is no exception. In an era characterized by digital transformation and shifting customer expectations, AI is empowering retail banks to enhance their services, streamline...
21 October 2023 /regulation /predictions Artificial Intelligence and Financial Services
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