1375 Results from 2022
Simon Luke UK Country Manager at First AML
Many of us have seen Ozark - where dirty money is directly cleaned through a casino - but just how much of this is based on truth? Historically casinos have been a target for money launderers. They are exposed to significant money laundering risks, including quick or high turnover of cash with minimal betting. Gaming accounts can also be used to s...
24 November 2022 /crime Business
Vlad Goga Senior Consultant at Be Shaping the Future
A start-up’s journey can be a rocky one, made more complicated by the various rounds of external funding that are necessary for growth. Start-ups seek this funding from external investors to be able to fund their growth journey and it’s typically raised through a series of investment rounds from friends, family and business angels at the beginning...
24 November 2022 /people /startups Fintech
Retired Member
If the confrontational posture of the title to this blog has you reading this opening sentence, then it can lay claim to having performed its job. However, it’s worth quickly explaining that it was only intended as a playful device to draw you towards a current sticking point within the broader wealth management industry: That financial institutio...
24 November 2022 /wealth Embedded Finance
Steve Morgan Banking Industry Market Lead at Pegasystems
In this tough economic climate, there’s no doubting that customers are looking for ways to minimise expenses wherever possible against the rising costs of living. Banks have a key role to play in supporting consumers and especially those most vulnerable who are struggling to afford basics such as rent, energy and food. People don’t forget poor se...
23 November 2022 /payments Innovation in Financial Services
Helghardt Avenant CEO at Rehive
In many ways, technology makes the world go round, not money. It is hard to imagine life without cars, planes, instant messaging, video streaming, and even social media. As we have seen in history, new inventions and technology are powerful growth multipliers for societies and set some apart from others. Times have changed and in the modern age of...
23 November 2022 /retail /inclusion Banking Strategy, Digital and Transformation
Jonathan Hancock Managing Consultant, Fraud at Accenture
A review of The House of Lords Fraud Act 2006 and Digital Fraud Committee’s new report, ‘Fighting Fraud: Breaking the Chain’ “Fraud is the most commonly experienced crime in England and Wales today and represents a substantial national threat. If this were any other type of crime, this would be a matter of national importance.” Last week, on 12 N...
23 November 2022 /regulation /crime Exposing Financial Crime
Rising inflation across the US, UK and the Eurozone is creating massive pressures across global markets. We’re seeing a reduction in the breadth of credit products, like mortgages, as they become more unaffordable, which leads to a reduction in volume and profitability as net interest margins are squeezed. Defaults are increasing – and will continu...
23 November 2022 /markets Trends in Financial Services
Christopher Colley Industry-recognized CX leader at Financial Services
As financial institutions worldwide battle the headwinds of tighter monetary policy and slowing economic growth, they are having to do so in an environment of increased regulatory scrutiny. Last month, the European Supervisory Authorities (ESAs) laid out their requirements for the disclosure of financial products' exposure to fossil gas and nucle...
22 November 2022 /regulation /retail Financial Services Regulation
Uldis Teraudkalns CEO at Nexpay
Advocates of new technologies often like to think they exist outside the usual rules and trends of business. There are plenty of signposts for how this usually works out. The most famous is the “hype cycle” from tech high priests, Gartner. In the cycle, a new tech emerges, sounds exciting and gets hyped out of sight until it reaches “the peak of ...
22 November 2022 /crypto /markets
Konstantin Rabin Head of Marketing at Kontomatik
If you were told that a $32 billion company can collapse in a matter of hours, you will most likely have a question, how? That's what everyone has been thinking about ever since FTX, the world's second-largest crypto exchange, announced bankruptcy, with its founder and CEO stepping down from his position, following this huge controversy. Not every...
22 November 2022
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