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Attending a data management event last week in London, it suddenly dawned on me that banks are in real danger of missing regulatory deadlines for implementation of compliance initiatives to comply wit...
Bankers in Asia are preparing for increased intra-regional trade with the proposed creation and integration of the ASEAN Economic Community by 2015. This integration will bring better banking infrastr...
Standards play a vital role in the prudent management of financial systems. With the advent of electronic payment products, transaction volumes are increasing and the requirement to exchange data i
On the plane back from a meeting recently, I got to thinking about the complexity of compliance. The sheer number of new and evolving regulations that are coming down the road is simply staggering. Im...
Financial organisations are starting to sweat as the first deadline for FATCA compliance looms on the horizon. Next January 1st will see banks ringing in the New Year with new account opening procedu...
Corporate eBanking services are relatively new in emerging markets and are just beginning to take off. With many treasurers set to upgrade their payment systems there is an opportunity to provide the...
The EU directive on Late Payments (2011/7/EU) is just around the corner. The new Directive will have to be transposed into national law by 16 March 2013 at the latest by all countries in the European ...
Under FATCA rules, every foreign financial institution (FFI) must identify and classify all its clients with US indicia, but also do the same for all parties to financial transactions, including other...
Everyone’s talking about enterprise (business) governance. Typically conversations focus on the application of structured controls across the enterprise to ensure enterprise-wide collaboration between...
I have been in the insurance software business now for more than 25 years, and early in my career, the question was raised: “Why do brokers have client administration systems while insurers struggle o...
Is relationship pricing and billing on your radar for 2013? Did you know? For every $1 billion in annual revenue generated by global transaction services, banks can “leak” upwards of $25 million – rev...
It’s that time of year again… the RBS 6 Nations kicks off this weekend and as a result so does (the arguably more important) Finextra Fantasy League on ESPN Scrum.com. As with previous years, it’s fre...