compliance
FinanceNo Plain, No Gain: Why Finance and Legal Should Swap Obscure Language for Open
BankingIn a Changing Threat and Regulatory Landscape, Banks Must Rethink Data Protection
TechnologyThe Authentication Conundrum
TechnologyTechnology and Regulation Must Go Hand in Hand for Financial Services
EU Urges More Checks for Covid Variants Given Surge in China
Date: December 30, 2022
By Philip Blenkinsop BRUSSELS (Reuters) – The European Union should consider immediately scaling up genomic sequencing of COVID-19 infections and monitoring of waste water, including from airports, to detect any new variants given the virus surge in China, the bloc’s health chief said. In a letter to health ministers of the EU’s 27 members, Stella...
Blowing the Whistle in 2023
Date: December 27, 2022
By Jan Stappers, EU Whistleblowing Specialist at NAVEX Whistleblowing means holding power to account. However, when people hear about whistleblowing, it’s usually because it has already hit the front pages as a huge scandal — on the scale of Theranos’ recent conviction. When most reports in the public consciousness are of this magnitude, it can...
What Does 2023 Hold for the Financial Services Industry? Hear From the Experts…
Date: December 22, 2022
It’s no secret that the financial services industry experienced disruption over the past couple of years. The COVID-19 pandemic exposed many significant cracks in the industry. Digital acceleration meant that many traditional high-street banks struggled. But, at the same time, other digital banks thrived. What will 2023 bring for the financial services industry? From the...
Medical Device Makers Drop Products as EU Law Sows Chaos
Date: December 19, 2022
By Maggie Fick LONDON (Reuters) – Nicola Osypka’s German company has been selling medical devices used in surgery on newborn babies in Europe for decades, but new European Union rules have forced her to make tough decisions. Under the regulations designed to prevent another health scandal, such as the one in 2010 involving ruptured breast...
KYC and Digital Id&v – Stopping Fraud at the Source
Date: December 16, 2022
By Colum Lyons, CEO, ID-Pal The transformation of society as a result of the global pandemic is evident in our everyday. The move to digital channels due to lockdowns has permanently changed how we work, how we spend and, of course, how we engage with services online. It fast-forwarded digitalisation in industries with typically traditional...
Looking to 2023: Defeating Money Laundering-as-a-Service and Other Emerging Threats
Date: December 15, 2022
By Michael Brown, field CISO for financial services, Fortinet U.S. financial institutions paid $1.2 billion in ransomware-related payments in 2021 – almost 200% more than the prior year, according to the U.S. Treasury Department. And while total numbers for 2022 are still being compiled, it’s likely to surpass that. Bad actors continue to slam this...