Tag: market data

ESMA Issues Statement of De-Facto Postponement of SFTR Go-Live
announcement business business development Capital market economic impact finance financial services News Regulation

ESMA Issues Statement of De-Facto Postponement of SFTR Go-Live

As the world deals with the Covid-19 virus, SFTR is set to go live with its first phase on April 13th in the EU. However, due to shutdowns across Europe and difficulties preparing for the regulation, banks and industry associations have approached ESMA about postponing the start of SFTR. Today, […]

Giant Financial Institution, the BBVA, Asks Fintech Firms to Develop Regtech and Finance Solutions via its Open Talent Program
announcement banking platform business business development Capital market data strategy finance Fintech global markets Innovation innovative solutions sustainability

Giant Financial Institution, the BBVA, Asks Fintech Firms to Develop Regtech and Finance Solutions via its Open Talent Program

BBVA (Banco Bilbao Vizcaya Argentaria, S.A)., a Spanish multinational financial services company, is making changes to its Open Talent competition for early-stage firms and startups, in order to work cooperatively with Fintech businesses. BBVA is one of the world’s largest financial institutions. It offers services in Spain, South America, North […]

The impact of Brexit on the AML KYC Compliance and trade in the UK
banking platform Brexit business business development Capital market Compliance data strategy digital approach finance financial research financial services industry global markets Innovation innovative solutions investment KYC

The impact of Brexit on the AML KYC Compliance and trade in the UK

AML/KYC screening is a mandatory part of the compliance operations of businesses. Nowadays every business is liable for some sort of KYC and AML compliance, and heavy non-compliance fines and penalties have left no choice but to invest in compliance. The regulations have changed and are more strict for financial […]

Right Here, Right Now: Taking Action On Financial Crime
financial crime global markets Innovation innovative solutions new technology regulated investment Regulation Risk Managament risk tolerance Security strategy

Right Here, Right Now: Taking Action On Financial Crime

If there is one truism about financial crime, it’s that the perpetrators are ever-present and ever-evolving. Just as technology has revolutionized banking and finance, so too has it given criminals more sophisticated tools. Indeed, as financial institutions work to keep pace with exponential technology advances, criminals seem to be pulling […]

PayPal highlights Venmo profit strategy
announcement application banking platform business development data analytics digital approach digital bank

PayPal highlights Venmo profit strategy

PayPal reports that peer-to-peer payments tool Venmo is on a path to profitability. In a fourth-quarter earnings report Wednesday, PayPal CEO Dan Shulman told investors the company is pushing ahead on its Venmo monetization strategy. Key enablers include Pay with Venmo, which allows consumers to use the tool to pay […]

Big Tech will push deeper into finance this year
application banking platform business business development Capital market digital approach digital bank digital currency Digital ID Emerging Technology Innovation innovative solutions

Big Tech will push deeper into finance this year

Technology giants from Google to Apple are looking to take on the financial services industry. Last year, Apple debuted its credit card; in 2020, Google is set to launch consumer bank accounts. But Big Tech companies share one thing in common: they don’t want to be regulated like banks. Big […]

How to build a culture of compliance
announcement business development Compliance compliance training data strategy digital approach finance financial services global markets innovative solutions

How to build a culture of compliance

Regulated financial institutions need to ensure that they are putting policies and procedures in place to effectively mitigate their exposure to risk. With scrutiny around regulatory compliance increasing, regulated financial institutions need to ensure that they are putting policies and procedures in place to effectively respond to, and mitigate, their […]

Security in the supply chain – a post-GDPR approach
cybersecurity data protection data strategy digital currency Digital transformation Emerging Technology finance financial research GDPR GDPR compliance global markets

Security in the supply chain – a post-GDPR approach

A year and a half after the introduction of the EU’s General Data Protection Regulation, Fieldfisher’s James Walsh reviews the fundamentals of supply chain security. Not that long ago, businesses were rushing to put in place contractual terms with their processors to comply with the General Data Protection Regulation’s (GDPR’s) […]

Tech Entrepreneurs to Face More Regulatory Scrutiny in 2020
business development Capital market regulated investment Regulation Reporting Risk Management

Tech Entrepreneurs to Face More Regulatory Scrutiny in 2020

When Facebook CEO Mark Zuckerberg testified before Congress last month, he claimed that Libra as a global currency would solve major problems including banking the unbanked, lowering the costs of international payments and speeding up transactions. However, most politicians in the U.S. and abroad are resisting Facebook’s proposed payment system, calling it […]

Inequality, Climate Change And The Role Of Central Banks
banking platform business business development finance financial crime financial services financial services industry global markets innovative solutions

Inequality, Climate Change And The Role Of Central Banks

What do interest rates and bank regulations have to do with social justice and environmental decay? Potentially, quite a bit. Central banks can and should pay close attention to key issues like income inequality and climate change even if these fall outside their traditional mandates, argues Patrick Honohan, former governor of the Central Bank […]