For the latest news, events and jobs
Wednesday, January 22, 2020
Central banks must embrace the revolution underway in digital money to ensure they remain at the heart of the global payments system, according to the head of the Bank of International Settlements. Agustin Carstens’s argument is that while the private sector “excels at customer-facing activity,” central banks provide the basis […]
Innovative technologies transform the financial industry at all levels and the role of the compliance officer is no different. We have covered the subject of the Future of Compliance Jobs on several occasions over the years and the bottom line is fairly simple: while less complex jobs would be replaced […]
With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who see it as an opportunity profit from it in unscrupulous […]
In 1994, Bill Gates said: “We need banking, but we don’t need banks anymore.” So why hasn’t Bill Gates opened a bank? Well, because technology giants don’t really want to be banks. Banking has a lot of the audit and compliance overhead, that tech giants don’t need or want. Big […]
Infrasoft Technologies Ltd (InfrasoftTech) is backed by its latest artificial intelligence product, Kiya.ai and Univius RegTech, that provides early detection of potential frauds in banks, said managing director and chief executive officer, Rajesh Mirjankar. IT company Infrasoft Technologies is planning further global expansion in the Caribbean and Bahamas while focusing […]
RegTech company, Evidology Systems, is launching a unique service combining real-time specialist legal opinion with principles-based regulations compliance software. Seen as a true second-generation solution, QED (Quality and Evidence Driven) is the only platform optimising the process of demonstrating compliance to regulation or standard. This visual system utilises current legal […]
As the retail apocalypse continues – with an estimated 8,600 closing their doors in 2019 – other retail survivors are upping their game with hard-to-find data scientists Retailers are on the hunt for data scientists, now more than ever. Given the rise in online shopping and the cut-throat competition from […]
Brexit has been delayed again, with the EU granting the UK another three-month extension to sort out its divorce from the other member states. The EU granted the extension until January 31 on Monday this week. Donald Tusk, the EU council president, warned that this delay “may be the last […]
A large portion of the market is yet to choose systems for Securities Financing Transactions Regulations (SFTR) compliance due to uneasiness around interpretations of the rules, according to Herve Carrere, director of post-trade product management at Finastra. “We can see that several firms are still in the phase of considering […]
This current year has already ushered in a tidal wave of tech innovations, from the rise of social robots and personal assistants to Amazon Prime’s one-day delivery gamble and the proliferation of voice search. The latter alone became a $1.8B retail segment in the US in 2017 and is predicted to rise […]
