data strategy

FCA working with HM Treasury to finalise rules on SM&CR extension
Compliance data strategy Emerging Technology Fintech Regulation

FCA working with HM Treasury to finalise rules on SM&CR extension

The Financial Conduct Authority is working with HM Treasury to publish its final rules on the extension to the Senior Managers and Certification Regime (SM&CR). SM&CR was initially introduced by the FCA in 2016, with a goal of lowering harm to consumers and boosting market integrity. The regulation encourages a […]

Few UK firms are cyber insured despite financial losses
business business development Capital market cybersecurity data strategy

Few UK firms are cyber insured despite financial losses

More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses  Some 22% of UK businesses have suffered a cyber attack that has cost them financially, according to a survey of more than […]

Technology Overtakes Regulation as Key Driver of Change in Compliance
business development Compliance data strategy digital approach Emerging Technology

Technology Overtakes Regulation as Key Driver of Change in Compliance

Compliance and the role of the compliance officer have changed significantly over the past decade as a result of escalating regulation, technology development, an increasing focus on culture and conduct risk, and the ever closer relationship between compliance and the business. Automation has also come to the fore as compliance […]

Top 5 ways GDPR has impacted digital banking
banking platform business Capital market data strategy digital approach financial research Innovation

Top 5 ways GDPR has impacted digital banking

In its first year of operations, GDPR has created a more challenging regulatory landscape. However, it also presents new opportunities for the digital banking sector Having reached the one-year anniversary of the implementation of the General Data Protection Regulation (GDPR), we can now begin to assess how the past 12 […]

TypingDNA partners with XTN Security to help banks comply with PSD2
banking platform business business development data protection data strategy digital approach Emerging Technology finance Innovation new technology

TypingDNA partners with XTN Security to help banks comply with PSD2

TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats. As part of the deal, TypingDNA’s typing biometrics will integrate with XTN’s behavioural fraud prevention software to passively recognise users based on their typing patterns. With increased threats of cybercrime and regulations such […]

Tip of the ice-berg for tech regulation: automated facial recognition technology
data protection data strategy finance Identity Verification Innovation innovative solutions new technology

Tip of the ice-berg for tech regulation: automated facial recognition technology

The judgment of the High Court is awaited in relation to a judicial review claim brought by Ed Bridges against the Chief Constable of South Wales, alleging that the police force’s use of automated facial recognition technology (‘AFR’) breached his human rights and data protection legislation. The case represents a […]

equensWorldline helps 25 European banks reach first PSD2 compliance milestone
banking platform business development Capital market data protection data strategy finance Innovation

equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance. These financial institutions have become some of the first to get their testing facilities ready for the PSD2 deadline, being on track with the European Banking Authority (EBA) and corresponding National […]

Protecting Data Flow in Shifting Privacy Regulations
business Capital market Compliance data analytics data protection data strategy finance Regulation

Protecting Data Flow in Shifting Privacy Regulations

In the face of political uncertainty, organizations are challenged every day to keep the personal data they hold safe across their entire ecosystem. They must be sure that their partners, suppliers and other third parties are also keeping the organization’s data safe. As well, the growth of technologies such as […]

85% of EU consumers are unaware of PSD2 – Mastercard study
banking platform data protection data strategy digital approach Emerging Technology finance innovative solutions Regulation Risk Managament

85% of EU consumers are unaware of PSD2 – Mastercard study

A study from Mastercard has revealed 85 per cent of consumers in the EU are not aware of PSD2 or have very little knowledge of it. The final deadline of PSD2 is in September and with it will come a range of new financial services for consumers to improve their […]

Regulators struggling to oversee crypto assets
Cryptocurrency data analytics data strategy digital approach digital currency Emerging Technology finance Regulation

Regulators struggling to oversee crypto assets

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a […]