Ensuring the long-term future of embedded finance
The Wirecard scandal highlights issues with embedded finance that regulators need to address. Source link
Payments innovation beyond the pandemic
Introduction Good morning, and thank you for hosting me today. I’m sure many of you share my sentiments about these virtual events-that we would much rather be together in person, and yet we are grateful for the technology that allows us to gather online. The need to switch to this digital platform is, of course, … Read more
Ensuring the long-term future of embedded finance
The Wirecard scandal highlights issues with embedded finance that regulators need to address. Source link
US bank M&A surges as tech investment drives deals
US bank mergers and acquisitions (M&A) had a buoyant April, which saw 16 deals with a combined value of $14.9bn during the month to April 27, according to Refinitiv data. Total deal value for 2021 to April 27 has already reached $26.3bn, compared with $7.1bn during the same four-month period in 2020. Among the deals … Read more
Forthcoming new developments in the area of payment services and digitalisation
Digital technologies have changed the financial services provision business, and the payment sector is the leader in this trend. The speed of development of innovations and the scale of technological changes in it require concrete and targeted effort. The pending strategic projects and directions of development of the European payment infrastructure in the short term, … Read more
Risks from ‘bad bots’ rising for banks
Financial services was one of the worst-affected industries by sophisticated bot traffic last year, according to US cyber security software company Imperva, which released its annual bad-bot report in April. Bad bots — software applications running automated tasks with malicious intent over the internet — accounted for 25.6% of all website traffic in 2020, according to … Read more
UK leads Europe in exploring the use of CBDCs
The UK ranks fifth in the world in efforts to establish a central bank digital currency, according to PwC [from Global Risk Regulator]. Source link
Gabriel Makhlouf: Leading through the pandemic
Good morning, it is a pleasure to participate in this event and I look forward to discussing both the importance of leadership and some of the challenges for leaders, the ones we’ve faced and the ones ahead of us. Looking back Last year was extremely difficult for people all over the world. The public health … Read more
Banking apps may pose underlying cyber risks –
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
South African banks’ loan books merit scrutiny amid Covid crisis
Loan portfolios have been skewed towards unsecured lending over the last decade, according to Capital Economics. Source link