compliance
BankingTime Is Ticking: How Can Financial Institutions Ensure Compliance With the FCA’s New Operational Resilience Regulations?
Top StoriesGerman-Funded Consortium to Develop ‘battery Passport’ for Europe
InterviewsLooking ‘on the Bright Side of Internet Data’ – an Interview With or Lenchner, CEO at Bright Data
TechnologyDeath and Taxes—why You Won’t Be Able to Escape One in the Metaverse
Three Reasons Why Virtual Cards Will Take Off in 2022
Date: April 22, 2022
By John Sturino, Vice President of Product and Technology at Egencia With the pandemic giving rise to an even more touchless, contactless economy, the plastic card has become even more critical in recent times. However, in the business travel industry, disruption is on its way in the form of virtual cards. Virtual cards are the digital-only,...
The Importance of Data Quality in Open Banking & API Adoption
Date: April 21, 2022
By James Briers, CTO of Intelligent Delivery Solutions What is Open Banking? Technology and banking have always had a complicated marriage. New technologies make processes easier, more efficient, reduce errors, improve communication, and change how consumers see and interact with money. It makes for excellent service, and it’s lucrative. In terms of product development, the nature...
Crypto Exchange Binance Curbs Services in Russia
Date: April 21, 2022
By Tom Wilson, Mrinmay Dey and Akriti Sharma (Reuters) -The world’s largest cryptocurrency exchange is deactivating the accounts of its major clients in Russia, it said on Thursday, cutting back its services in the country in line with European Union sanctions. Binance told users that Russian nationals and people living in the country, as well...
Businesses Must Be Proactive to Review the Storm Ahead
Date: April 20, 2022
By Alex Baulf, senior director, Global Indirect Tax at Avalara, offers his reflections on the tax implications of the Spring Statement on businesses As we emerge from the pandemic and grapple with geopolitical turmoil and supply chain tensions, the constant price hikes and tax changes create profound uncertainty in the UK. Though the Chancellor has...
New U.S. Sanctions for Russian Bank, Oligarchs, Crypto Miner BitRiver
Date: April 20, 2022
By Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank and a virtual currency mining company, hoping to target Moscow’s evasion of existing sanctions over Russia’s invasion of Ukraine. The U.S. Treasury Department said it designated a virtual currency...
Credit Suisse Warns of Q1 Loss, Shares Fall
Date: April 20, 2022
By Michael Shields and Oliver Hirt ZURICH (Reuters) – Credit Suisse Group expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of Russia’s invasion of Ukraine, the Swiss bank said on Wednesday. The bank is still reeling from billions in losses racked up...