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FinanceTransak Expands Into Hong Kong to Support Development & Growth of APAC’s Nascent Digital Asset Ecosystem
InvestingHow Green Is Green? Empowering ESG Investment Managers With Standard Methodology
BusinessThe Increased Illegal Migrant Worker Risk and How to Reduce It
TechnologyData Analytics Crossroads: Navigating the Top 4 Pitfalls in Financial Services
Global Watchdog Proposes New Ethics Code to Combat Greenwashing
Date: January 29, 2024
Global watchdog proposes new ethics code to combat greenwashing By Simon Jessop and Huw Jones LONDON (Reuters) – Firms that check environmental, social and governance claims made by companies will be asked to follow a proposed new ethics code to help combat greenwashing, the chief of a global standards body told Reuters. Trillions of dollars...
EU Reinforces Tight Limits on Crypto Firms From Outside Bloc
Date: January 29, 2024
EU reinforces tight limits on crypto firms from outside bloc By Huw Jones LONDON (Reuters) – Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the European Securities and Markets Authority (ESMA) proposed on Monday. The EU approved the...
Exclusive-Apple Faces ‘strong Action’ if App Store Changes Fall Short, EU’s Breton Says
Date: January 26, 2024
Exclusive-Apple faces ‘strong action’ if App Store changes fall short, EU’s Breton says By Martin Coulter, Foo Yun Chee and Supantha Mukherjee LONDON (Reuters) -Apple faces strong action if changes to its App Store do not meet incoming European Union regulations, the bloc’s industry chief said on Friday. In a move designed to comply with...
Open Banking Must Step up Its Fraud Prevention
Date: January 26, 2024
Open banking must step up its fraud prevention Tareq Shaheen, Director of Payment Solutions at Eastnets discusses how the recent EU payment legislation proposals impact the open banking market. Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud looms...
Embracing Change: Nice Actimize on Generative Ai, Cloud and the Future of Financial Crime
Date: January 26, 2024
Embracing Change: NICE Actimize on Generative AI, Cloud and the Future of Financial Crime Readying the launch of new solutions that focus on the benefits of generative AI, Craig Costigan, NICE Actimize CEO, discussed with Global Banking & Finance Review Editor Wanda Rich what lies ahead for global financial institutions as they address transformation created...
Steering Clear of Pitfalls: Top 4 Regulatory Reporting Mistakes and Technological Solutions for Banks
Date: January 26, 2024
Steering Clear of Pitfalls: Top 4 Regulatory Reporting Mistakes and Technological Solutions for Banks By Sanjeev Prakash 26 January 2024 Introduction Regulatory reporting in the banking sector is a complex and critical process, pivotal for ensuring compliance and maintaining financial stability. However, the intricacies of regulatory requirements often lead to errors that can have significant...