44 Results from 2024, /wholesale
Arsalan Sheikh FinTech Executive at ex-Oracle
This article is for banking professionals looking to understand core banking modernization. The author is independent and unbiased, basing insights on publicly available information. All trademarks, intellectual property, and copyrights are the property of their respective owners. The content does not constitute an endorsement or disapproval of
27 December 2024 /retail /wholesale Banking Strategy, Digital and Transformation
Sonali Patil Cloud Solution Architect at TCS
Introduction Today’s organizations are adopting cloud and distributed architecture which will support digital innovation, technology advancements, cost optimization & meet enterprise global standards. Mainframes have been globally used by many organizations such as financial institutions, healthcare organizations, government agencies, retail b...
20 December 2024 /wholesale /cloud BFSICloudMigration
Matt Riggall Head of Commercial Lending Vertical, Cap. Markets at FIS
APAC banks are uniquely positioned to lead the shift toward climate and sustainability-linked lending (SLL). However, this type of lending isn’t without its challenges — particularly when working with mid-market and small businesses. For many of these companies, tracking and reporting Scope 1, 2, and 3 emissions is often complex, expensive, and ti...
17 December 2024 /wholesale /sustainable
Madhan Kumar Domain Consultant at TCS
The landscape of asset servicing is undergoing enormous transformation driven by technological advancements, evolving client expectations, and stringent regulatory demands. As a domain consultant in the financial sector, I see both significant challenges and immense opportunities in this evolution. Challenges in Transitioning to Next-Generation A...
15 December 2024 /wealth /wholesale Capital Markets Technology
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
MSBs operating in Canada are facing significant regulatory changes. According to a recent notice from Approved MSB Services, the Bank of Canada has introduced new regulations under the Retail Payment Activities Act (RPAA), requiring all MSBs to register within a specified timeframe. This regulatory overhaul is part of a broader global trend aimed ...
04 December 2024 /regulation /wholesale Banking Regulations
Retired Member
The Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and the Bank Recovery and Resolution Directive (BRRD) are pivotal components of the European Union's strategy for financial stability. On November 27, 2024, the European Banking Authority (EBA) published its 2024 MREL Dashboard, providing comprehensive insights into the progress ...
02 December 2024 /regulation /wholesale Banking Strategy, Digital and Transformation
The utilization of correspondent accounts has become increasingly prevalent in the financial services industry, particularly among fintech companies seeking to expand their global reach and access new markets. While these partnerships offer numerous benefits, they also come with inherent risks that must be carefully managed to ensure the integrity...
27 November 2024 /payments /wholesale Banking
Formatted Text: Basel III Counterparty Credit Risk Management On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and finalized new guidelines to strengthen banks' counterparty credit risk (CCR) managem...
25 November 2024 /regulation /wholesale
Satyam Chaturvedi Digital Marketing Manager at Nimble AppGenie
In the current changing world for fintech operations, open banking APIs are creating a new space. The past decade has brought opportunities for the fintech industry. The global fintech market has been valued at USD 294.74 billion in 2023, which is projected to be worth USD 340.10 billion in the year 2024. Want to know the reasons behind this grow...
25 November 2024 /payments /wholesale
As of 2024, the Polish Financial Supervision Authority (KNF) has established clear guidelines for Specialized Payment Institutions (SPIs) looking to upgrade to Authorized Payment Institutions (APIs). This transition aligns with the demand for processing higher transaction volumes and delivering a wider range of services, reflecting the financial s...
20 November 2024 /payments /wholesale Digital Banking
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