Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Banking continues to be in the forefront of driving digital and process transformation. Many banks are on a transformation journey when it comes to core banking or back-office operations. These journe...
While 2021 wasn’t the busiest of years in terms of regulatory reporting go-live implementation, important developments did take shape. Among the more important of these developments was the publicatio...
With the number of online purchases using BNPL services growing at a rate of 39% per year, more and more lenders are starting to become concerned with high BNPL usage, and how that data will be includ...
by Ankur Rawat, Director of Banking Products and Solutions at Newgen It is no secret that trust is one of the pillars of customer relationships for organizations. But, how critical is it? According to...
2021 was the year of recovery and opportunity for many, following months of disruption caused by the pandemic. But whilst many industries have struggled to bounce back from the disruption, many Fintec...
Any compliance officer will tell you that financial safety is the first benefit associated with regulatory compliance. Compliance officers are requested to issue reports to ensure they’re complying wi...
On July 22nd, FINRA CEO Robert Cook revealed that a sweep related to financial services influencers ‘is coming’. It eventually arrived in September, hot on the heels of the SEC requesting comment on t...
Customers are at the centre of any business, yet very few firms truly understand who their customers are. It is known that one of the biggest challenges in this industry is the ability to identify the...
2021 has been a year of two halves – the first we were all dealing with life under lockdown. And the second half, supercharged with the vaccine programme, has seen life trying to get back to normal. B...
In today’s world it is vital to adopt a continuous KYC (cKYC) approach rather than the inefficient costly periodic client reviews and remediation projects, to understand your customers' risk profile t...
As you consider your company’s compliance processes, do the words speed or real-time come to mind? If your organization is like most, they probably do not. Without finger pointing or complaining, let’...
Its not uncommon in the world of finance for accountants to encounter challenges related to an evolving discipline for which no accounting standard would have explicitly existed earlier. One example i...