Elaine Mullan Head of Marketing and Business Development at Corlytics
The sale of regulatory technology to financial institutions is often a long and complex process, with multiple stakeholders, as is the norm for enterprise sales. But let’s look at how the principles of behavioural economics can shine a light onto this complex sales environment and perhaps provide some pointers to ease transactions, aka make sales....
12 August 2024 /regulation /people
Susie MacKenzie Head of Legal and Regulatory Analysis at Corlytics
Growing focus on AI regulation The digitisation of society and industry continues to accelerate at an unprecedented rate. AI is opening the door to advances right across society, from healthcare to agriculture. Financial institutions are integrating and exploring AI models across the board, in areas such as cybersecurity, risk management and AML p...
06 August 2024 /ai /regulation
Gabriel Hopkins Chief Product Officer at Ripjar
Through complex algorithms, Generative AI (GenAI) has been reshaping how we create content, including imagery, music, text, and video; greatly simplifying data processing and task performance. This technological advance not only saves time, effort, and money but is also a game-changer in enhancing operational efficiency and fostering innovation ac...
05 August 2024 /ai /regulation Exposing Financial Crime
Steve Wilcockson Product Marketing at Quantexa
Data Fabric: The Origination Story Throughout my career, enterprise data management paradigms have come and gone. Let’s briefly trawl some data management history to understand how data fabric emerged. Popular data management paradigms include: Data Warehouse Data Lake ETL, i.e. Extract, Transform, Load ELT, i.e. Extract, Load, Transform Data Lake...
05 August 2024 /ai /regulation Data Management and Governance
Michael Zetser CEO at Flyfish
AI is setting new benchmarks in the global fintech sector, significantly enhancing how companies interact with customers and streamline operations. This surge in AI-driven innovation not only improves service delivery but also pushes the boundaries of what technology can achieve in financial services. In a saturated market, AI and blockchain provi...
01 August 2024 /regulation /inclusion Trends in Financial Services
Scott Dawson Head of Sales & Strategic Partnerships at DECTA
Every Saturday morning, I do Muay Thai at a local gym. Mercifully, combat sports and payments have few overlaps – but there is one lesson I can take from one to the other: identifying the meaning of different types of pain. There’s superficial pain, which you need to grin and bear – doing so means you grow and get stronger. But there’s also pain t...
01 August 2024 /payments /regulation Fintech
Andrew Kays CEO at Socura
From January 2025, all UK financial organisations that do business in the EU must comply with the new Digital Operational Resilience Act (DORA). In all honesty, it’s a new regulation that forces organisations to do many things that they should have been doing for years. Most financial organisations will breeze through requirements such as red team...
01 August 2024 /security /regulation Information Security
Steve Morgan Banking Industry Market Lead at Pegasystems
A year ago, the Financial Conduct Authority (FCA) introduced the Consumer Duty standards, a set of rules which aimed to improve and increase consumer protection for the financial sector. These required banks and other financial services firms to prioritise their customers and offer them products and services with transparency and fairness. Failure...
31 July 2024 /regulation Financial Services Regulation
Rinesh Patel Global Head of Industry, Financial Services at Snowflake
The Digital Operational Resilience Act (DORA) is set to come into force on the 17th of January 2025, aiming to strengthen the resilience of financial institutions against ICT-related incidents in five key areas: ICT risk management, ICT-related incident management, digital operational resilience testing, ICT third-party risk management and informa...
29 July 2024 /regulation Financial Services Regulation
Anna Antimiichuk Head of Communications at Corlytics
Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally obtained funds, according to the latest money laundering and cryptocurrency report from Chainalysis, a blockchain analysis firm. This pattern of increasing money laundering cases, also those that are driven by the widespread use of cryptocurr...
26 July 2024 /regulation /inclusion Blockchain in Banking and Financial Services
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