ComplianceRSS

Cybersecurity: into the data breach

Cybersecurity

Cybersecurity has become a significant issue as attacks are increasing. In the new payments ecosystem, where third-party developers can directly interact with banks’ customers, data privacy and security become paramount, according to the World Payments Report 2017.

ECB Guide: assessments of fintech credit institution licence applications

ECB fintech guide

The European Central Bank (ECB) has published a guide to assessments of fintech credit institution licence applications.

Infographic: Common Reporting Standard (CRS) – a year on

Thomson Reuters infographic - CRS

Financial institutions face unprecedented data management and compliance challenges as they continue to grapple with multiplying CRS and FATCA related global tax transparency regulations.

Peer Mountain aims high with data trust solution launch

peer mountain 1

Luxembourg-headquartered start-up Peer Mountain has unveiled a peer-to-peer self-sovereign identity, compliance and commerce delivery solution as it seeks to exploit the Equifax data breach episode. The firm says it gives users control of their data across blockchain. Consumers can choose who can access the data without the need for third party involvement. Peer Mountain says […]

PSD2 – the tip of an Open Banking API iceberg?

PSD2

It’s been over a year since I first blogged on the subject of open banking and it is fair to say, mainly driven through the regulatory pressures of PSD2 and the UK Competition and Markets Authority (CMA) led UK Open Banking initiative, that across Europe, much progress has been made in moving the banking industry to adopt APIs.

DBS readies for IFRS 9 with Z-Risk Engine roll-out

DBS_Bank

Singapore-based DBS is deploying Aguais and Associates’ (AAA) Z-Risk Engine (ZRE) to generate future credit losses on the bank’s wholesale credit portfolio, as it complies with imminent IFRS 9 requirements. According to AAA, the new financial regulations, effective from 1 January 2018, call for banks and other lenders to deliver a regular, predictive point-in-time (PIT) […]

E-book: Principles of data wrangling

Tifacta e-book: Principles of Data Wrangling

Through the last decades of the twentieth century and into the twenty-first, data was largely a medium for bottom-line accounting: making sure that the books were balanced, the rules were followed, and the right numbers could be rolled up for executive decision-making. Attitudes toward data have changed radically in the past decade, as new people, […]

The four things that will make or break bank risk management

Risk management

What will make or break bank risk management? Victoria Chatterton, strategic director of RiskMinds, gives the lowdown.

Deutsche Börse selects SmartStream RDU for regtech hub

Deutsche-Boerse_logo

Deutsche Börse Group has signed for the SmartStream Reference Data Utility (RDU), to use its managed service and tools for Deutsche Börse’s upcoming Regulatory Reporting Hub.

Santander revamps corporate client onboarding with Fenergo

Say hello, wave good-bye

Client lifecycle management (CLM) software vendor Fenergo has landed a deal with Santander Global Corporate Banking – to revamp its client onboarding process. Fenergo CLM will be rolled out to Santander’s operations in Europe, Asia and the Americas, across multiple business lines.

@banking
techno