TheGuardian

JULY 26, 2023

Policing minister says case of private bank Coutts closing Nigel Farage’s account is ‘not unique’ UK politics live – latest updates Many MPs or their families have been turned down by banks because of “politically exposed persons” (PEP) rules, the policing minister, Chris Philp, has said Philp was speaking in the wake of a row over the closure of Nigel (..)

Groups 57

Groups 57

Bank Innovation

MAY 25, 2016

Such an analogy could well be applied to the rise of invoice finance as a remedy for… Read more Polite persistence pays – SMEs harness fintech to get paid on time.

Fintech 199

Fintech 199

PYMNTS

SEPTEMBER 25, 2017

News surrounding the company also touched on political ads, with headlines focused on ads purchased by Russian firms throughout last year’s presidential election campaign. The company has also set in motion a revamping of how it will work with and account for political social media advertising moving forward.

social media 134

social media Online Regulation Company 134

Bobsguide

MAY 8, 2018

“Political risk? ” With the global economy continuing to grow steadily without evidence of a strong upsurge in inflation, recent market corrections have increasingly been driven by concerns about political developments. Whether these appear in the form of a tweet from the US.

Analysis 112

Analysis US Marketing 112

Bobsguide

MARCH 26, 2021

Discussions around Europe’s retail payments regulations have become less about the end-user and more about the bloc’s politics, according to Robrecht Vandormael, secretary general at Payments Europe. “Before, this [payments] was regarded as a very technically-driven field, but.

Payments 88

Payments Regulation Retail 88

TheGuardian

JULY 26, 2023

The former Brexit party leader was done a disservice, but the frenzy of Tory outrage is mostly a symptom of political cowardice Not everyone can afford to bank at Coutts, an exclusive bank, nor is everyone entitled to an account there. The political component in the decision was only revealed in documents obtained and published by Mr Farage.

National 74

National Groups 74

Payments Source

NOVEMBER 7, 2018

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global interoperable mobile-driven commerce.

Innovation 125

Innovation Fintech Mobile Industry 125

American Banker

MARCH 20, 2024

At an American Bankers Association event, Sen. Jon Tester, D-Mont., who's up for reelection this year, said that he hopes the Durbin-Marshall credit card bill won't go anywhere and criticized the Federal Reserve's debit interchange proposal.

Cards 74

Cards Community Bank Policies Community 74

TheGuardian

SEPTEMBER 16, 2022

PA says: Despite politics as normal being paused while the nation mourns the Queen’s death, the government responded to the action ahead of today’s deadline. The bloc had requested a response to its raft of infringement proceedings over the UK’s failure to comply with the rules before the end of the day.

National 99

National Report 99

TheGuardian

JUNE 6, 2022

Total donated to parties by financial firms and individuals tied to the sector over two years, report says Concerns have been raised over the City’s influence on Westminster, after a report found financial firms and individuals tied to the sector donated £15m to political parties and gave £2m to MPs during the pandemic.

Groups 76

Groups Report Policies 76

TheGuardian

JULY 4, 2023

He insists this is because he is a PEP (politically exposed person). And he says he was only offered an alternative account, with NatWest (which owns Coutts), after he went public last week about being denied an account. Continue reading.

Survey 71

Survey Video 71

The Paypers

SEPTEMBER 5, 2023

The UK’s Financial Conduct Authority has decided to review the way financial services firms treat Politically Exposed Persons (PEPs).

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Payments Dive

OCTOBER 3, 2023

A bill important to the payments industry has attracted bipartisan support despite the political divide on Capitol Hill.

Payments 259

Payments Industry 259

Bobsguide

FEBRUARY 12, 2019

The slow adoption of blockchain solutions has little to do with the maturity of the technology but rather the speed at which it changes and the politics behind the consortia required to build the infrastructure, according to Adi Ben-Ari, CEO of Applied Blockchain. “We’ve found that in.

blockchain 94

blockchain Technology 94

Payments Source

FEBRUARY 14, 2019

While payments firms must navigate political and regulatory waters, consumers and merchants are best served by a competitive free market free of politics, with minimalist regulators playing the role of the night watchman, writes Eric Grover, a principal at Intrepid Ventures.

Payments 74

Payments Regulation Marketing Fintech 74

Payments Source

JULY 12, 2020

The most recent legislative push to mandate cash is bipartisan at the outset, but there are divisions over how to put this plan into effect.

How To 186

How To Compliance Retail Payments 186

Bank Innovation

DECEMBER 9, 2019

First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the “real game changer.” Jesper Berg, the head of the Financial Supervisory Authority in Denmark, says the next big threat for banks is the rapid spread of big tech into financial services. The […].

Data 221

Data Regulation Compliance Security 221

Bobsguide

JUNE 18, 2017

In the this event report, we discuss how buy-side, sell-side, and market operator attendees were all keenly aware that large political and secular decisions could have a considerable effect on the. In March 2017, Vela hosted an executive roundtable in London on the cross-asset challenges of MiFID II.

Operations 87

Operations Marketing Report 87

American Banker

JANUARY 17, 2024

Who counts as a politically exposed person, or PEP, is different in different jurisdictions. Uniformity in the identification of people considered a higher risk for money laundering would ease compliance headaches for everyone.

System 28

System Compliance Regulation 28

Payments Source

JULY 10, 2018

s technology industry are deepening political fractures, with no clear answer as to how startups fintechs and challenger banks can operate in the U.K. Brexit's implications for the U.K.'s after it leaves the European Union.

Fintech 73

Fintech Operations Industry Technology 73

Payments Source

AUGUST 18, 2017

The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.

Payments 60

Payments National Conference Bitcoin 60

Bankelele

APRIL 9, 2021

The post KCB 1923 AGM: Optimism amid political disturbances appeared first on Bankelele.

Course 69

Course Meeting National Report 69

PYMNTS

MAY 2, 2016

The duo have paired up on a new initiative that combines two factors that each of the companies specialize in: data and politics. CA Technologies has a new partner in the mainstream media world: CNN. All in real time, of course.

CA 100

CA Technology Data Software 100

American Banker

JULY 23, 2020

Financial institutions want to protect customers and employees from the coronavirus but are caught in the middle of a politically charged public health debate. The stance taken by the industry’s largest trade group gives them cover.

Groups 65

Groups Community Bank Community 65

TheGuardian

NOVEMBER 28, 2021

But banks going under contributes to grim politics, too. That’s the lesson from some economic and political history contained in new Bank for International Settlements’ research. We learned that in the UK with the 2008 banking crisis. It doubled our national debt and was followed by a decade of lost earnings growth.

National 61

National 61

Payments Source

FEBRUARY 1, 2019

Global politics are dividing the world of e-commerce, forcing companies to make tough decisions about their strategies for the U.S., India and other regions.

Marketing 67

Marketing Regional Strategy Payments 67

TheGuardian

JANUARY 26, 2021

Bank’s chief executive, Noel Quinn, claims business not in position to question police requests Nils Pratley: the pressure on HSBC to split grows HSBC’s chief executive has denied taking a political stance on China’s crackdown in Hong Kong, claiming the bank was not in a position to question police requests when it agreed to freeze accounts of pro-democracy (..)

Security 69

Security Marketing 69

Chris Skinner

JULY 8, 2020

OK, no more politics … unless it’s important to banking, technology and fintech … and back to my usual boring diatribes. There’s been a discussion a while ago about making banking fun, gamifying finance and giving rewards for smart spending and saving.

Fintech 477

Fintech Technology 477

Chris Skinner

JULY 28, 2020

I’ve grown up in a period of strong political stability. Many other people grew up in a period of strong political instability, with war and famine and economic starvation. I’ve been lucky.

Conference 285

Conference US Fintech 285

Bank Innovation

APRIL 12, 2017

Ant is not impressed with Euronet’s recent moves in its tug-of-war over MoneyGram. Ant released a statement this morning aimed at “setting the record straight on Euronet and its hostile proposal” for money transfer service MoneyGram. Ant Financial first announced of its intent to acquire MoneyGram in January.

National 236

National Security Online Compliance 236

TheGuardian

AUGUST 20, 2020

The recently deposed Sajid Javid was a simple banker until in 2010 he got bored and entered politics. Between Whitehall and the City there is a revolving door of co-dependency It’s a nice job, chancellor of the exchequer. Sets you up well, should things not go right.

US 93

US 93

Bank Innovation

MAY 9, 2018

The innovation lab is becoming a hallmark feature of any bank or other financial institution. But once in the lab, what determines whether a startup will make it past the proof-of-concept stage? It’s all about those relationships and that trust,” Jason Mars, CEO of conversational AI company Clinc, told Bank Innovation.

Innovation 170

Innovation Company Online 170

Payments Source

JANUARY 18, 2019

Even though American Express received pre-approval to provide transaction settlement services in China more than a year ago, it is playing the waiting game to get those wheels in motion amid a fiery political climate.

Cards 62

Cards Compliance 62

Payments Source

OCTOBER 11, 2017

s political troubles expanded, as a top U.K. Equifax Inc.’s Parliament lawmaker demanded information from the company and its British regulator about the hack that exposed sensitive data for nearly 700,000 U.K. consumers.

Regulation 64

Regulation Data Company Compliance 64

Abrigo

APRIL 26, 2022

Takeaway 2 The risk tied to political corruption should concern institutions, regardless of size and geographic location. financial system has long been a desired destination for illicit funds linked to senior foreign political figures and kleptocracy, defined as a state of unrestrained political corruption. government priority.

Training 195

Training Regulation System National 195

Payments Source

MARCH 15, 2018

As financial institutions find themselves at the center of political fights on topics like energy financing, marijuana and guns, they should avoid caving in to activist demands.

cryptocurrency 61

cryptocurrency Management 61

Chris Skinner

JULY 5, 2020

I keep saying that I don’t want to be political on this blog – I’m not qualified and it’s not why you read it – but, as a human being, I cannot ignore things like Black Lives Matter, the lockdown approaches of different countries, the suppression of religious groups, the … The post HSBC and Standard Chartered are wrong to kowtow to China over (..)

Groups 422

Groups 422