4462 Results from /regulation
Jeremy Takle Founder and CEO at Pennyworth
In a time characterised by changing customer and regulatory expectations, the banking industry faces increasing challenges living up to higher standards – a potent example being the introduction later this month of the New Consumer Duty. In this article, we explore the limitations of old banks in meeting renewed expectations and discuss how new ba...
21 July 2023 /regulation /retail Disruption in Retail Banking
Nick Green Director at Purple Patch Broking Ltd
With rising costs and growing data needs, financial services procurement teams are under intense pressure to optimise spend and make strategic decisions. This calls for a new approach - one grounded in data. Data benchmarking provides the visibility procurement teams need to drive real change. By comparing your data pricing, quality, and accuracy a...
20 July 2023 /regulation /retail Banking
Retired Member
In the UK, fraud has become a significant concern, to the point where it has been reclassified as a threat to national security, elevating its status to that of terrorism. This highlights the importance of addressing fraud and its associated risks. Among the individuals most susceptible to fraud are politically exposed persons (PEPs) due to their ...
20 July 2023 /regulation /identity Banking Strategy, Digital and Transformation
Farouk Ferchichi Group President, Envestnet Data and Analytics at Envestnet
As the Consumer Financial Protection Bureau (CFPB) finalizes its Dodd-Frank Section 1033 rulemaking, the U.S. is on the brink of establishing an open banking ecosystem. While some smaller community and regional banks may perceive this as a compliance challenge, Envestnet recognizes the significant value a customer-centric open banking framework wi...
18 July 2023 /regulation /retail Open Banking
The United States stock market is thriving, presenting a unique opportunity for European investors to access top-performing American companies. Investing in US stocks from Europe can be intimidating, but the potential rewards are well worth the effort. In this article, we'll provide you with a comprehensive guide to investing in US stocks. We'll c...
17 July 2023 /regulation /inclusion Fintech
John Bertrand MD at Tec 8 Limited
Under the new ruling, when a bank receives a valid payment request with no room for interpretation or choice, the bank must execute the order. That means if the owner of the bank account authorises a clear payment instruction to the bank it has to be paid. The emphasis is clearly on the payer knowing the payee. In 2022 UK APP fraud was £500 milli...
16 July 2023 /payments /regulation Banking Strategy, Digital and Transformation
Alex Ford President, North America and Chief Revenue Officer at Encompass | RegTech Association | Women in RegTech
As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - particularly via RegTech solutions, is continuing to increase in relevance globally. This is a topic that I discussed as part of a panel of industry exper...
14 July 2023 /regulation /wholesale RegTech
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
With the Consultation Paper on Technical Standards for the Markets in Crypto Assets Regulation (MiCA), the European Securities and Markets Authority (ESMA) aims to collect views, comments, and opinions from stakeholders and market participants on the appropriate implementation of the regulation. The paper comprising the "1st package" cov...
14 July 2023 /regulation /crypto Cryptocurrency Insights
Barley Laing UK Managing Director at Melissa
Speeding up business processes and tasks is something evolving software-as-a-service (SaaS) has been instrumental in delivering. Today, as SaaS reaches maturity, it offers great value to those in financial services to improve the way they operate. Efficient, cost effective and easy to deploy Due to SaaS tools being able to be accessed instantly thr...
14 July 2023 /regulation /identity Banking Strategy, Digital and Transformation
Flavia Sales Marketing Manager at Finboot
We are living in a crucial moment for the planet. The climate crisis, once seen as a distant threat, is now a palpable reality. On August 2, called "Earth Overshoot Day", we reached the limit of natural resources use that the Earth can regenerate in a year. According to the Global Footprint Network, we are consuming resources as if we ha...
13 July 2023 /regulation /sustainable Capital Market Technology
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