December 21, 2015 - Technical body EMVCo has released official figures which demonstrate that one in three of all card-present transactions undertaken globally between July 2014 and June 2015 used EMV® chip technology.
December 18, 2015 - The International Compliance Association (ICA) has been working with The Financial Skills Partnership (FSP) and Skills for Justice to review the National Occupational Standards (NOS) in compliance, anti money laundering and countering financial crime.
December 18, 2015 - In 2016 the Internet of Things and wearable technologies will continue to dominate and it's likely robotics and artificial intelligence solutions will go mainstream. These are the key predictions in a new report – 'What's Hot in 2016 – technology trends' published today by Advanced 365 (Advanced) in association with Global Futures & Foresight.
December 16, 2015 - Next year will see banks increasingly explore ways to use insights from regulatory trends to inform boardroom decision making on risk management and strategic business topics. That's according to Europe, Middle East & Africa (EMEA) experts at Wolters Kluwer Financial Services who predict closer integration between risk and finance functions and that banks will focus on formulating strategic, financial and operational responses to regulatory trends and market dynamics.
December 16, 2015 - Following extensive, multi-annual negotiations the European Parliament and European Council have reached an agreement on a new General Data Protection Regulation modernising a legal framework which dates back to the 1990s.
December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.
December 15, 2015 - The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively "JP Morgan"), and fined them $15 million, $12 million and $3 million respectively for various regulatory breaches and/or internal control failings.
December 14, 2015 - Throughout 2015, the asset management industry has begun a fundamental shift in the way they view and approach data management. After years of increased regulatory and investor demands for heightened transparency, asset management back-office technology and data have become highly fragmented. The recent regulatory push has also driven asset managers to collect volumes of data about their business and investing strategies.
