4334 Results from /regulation
Barley Laing UK Managing Director at Melissa
Nasdaq’s 2024 Global Financial Crime Report highlights $3.1 trillion of illicit funds flowing through the global financial system. As a result, financial crime and fraud prevention regulations are being tightened up globally. In the UK, for example, a new ‘Failure to Prevent Fraud’ criminal offence will be enforced from September, as part of the Ec...
21 hours /regulation /identity Data Management and Governance
Steve Pannifer SVP Digital Identity at Fime
With Money20/20 Europe in full swing right now, I wanted to take a look at the main themes from the event in Asia earlier this year, which focused on "Trust in the Future of Finance". It is an important topic. Many of the pain points in the digital economy are related to trust, not least the rampant fraud occurring within an ever-increas...
21 hours /regulation /identity
Alex Rees Web Strategy at Facctum
Financial institutions are pouring record sums into financial crime compliance—yet the system remains riddled with inefficiencies. According to LexisNexis Risk Solutions, global financial crime compliance costs have surged to $206 billion annually, driven by more complex regulations, heightened enforcement expectations, and legacy technology limit...
22 hours /regulation /crime RegTech
Andrew Stevens Global banking and financial services specialist at Quadient
UK consumers are once again facing significant financial headwinds. With tariffs climbing, inflation forecast to rise after a temporary respite, and the broader economic outlook clouded by geopolitical instability, many households are bracing for renewed pressure on their day-to-day finances. In this environment, the obligation on banks to support...
03 June 2025 /regulation /inclusion
Stephen Terry UK MD at Arctera
Cyberattacks are costly affairs. However, for some they are more costly than for others. The global average cost of a data breach is $4.88 million but for financial institutions this figure goes way up, with the average cost hitting over $6 million. The financial services sector has always been a honey pot for hackers with its lucrative assets an...
03 June 2025 /security /regulation
Steve Morgan Banking Industry Market Lead at Pegasystems
In the fiercely competitive world of financial services, achieving operational excellence is key in the continuous development of efficiency, productivity and improvement of customer experience. Operational excellence is not just about improving productivity, but making sure to provide customers with the best service while assuring agility and qua...
02 June 2025 /ai /regulation
Freddie Frith Vice President at Corlytics
This blog explores the strategic importance of Target Operating Models (TOMs) in regulatory compliance and transformational change. Many people are aware that financial institutions are currently experiencing a significant shift towards digital solutions and AI-driven regulatory compliance. However, it’s important to recognise that while technolog...
27 May 2025 /ai /regulation RegTech
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
The U.S. Congress is flirting with crypto’s version of a “ChatGPT moment.” A new bipartisan bill – cheekily named the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) – promises to catapult dollar-backed stablecoins from the fringes of online trading into the mainstream of payments. Having just cleared the Senate ...
27 May 2025 /regulation /crypto
Isaiah Owolabi Founder/CEO at GloPayz
In 2025, fintech is no longer the Wild West—it's becoming the backbone of a regulated, globally interconnected financial system. As the founder of GloPayz, a cross-border payments platform in development, one truth has become crystal clear: Compliance is no longer a back-office cost—it’s a front-line product feature. We're already in an era where...
26 May 2025 /payments /regulation Fintech innovation and startups
John Bertrand MD at Tec 8 Limited
Analysis and Recommendations for Premium Bank Insurance Executive Summary This case study examines a mobile phone theft incident that occurred on April 22, 2025, in London, highlighting critical deficiencies in premium bank account mobile insurance services. While the police and telecom provider resolved their portions within minutes, the bank's i...
25 May 2025 /regulation /identity
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