Chris Skinner

NOVEMBER 5, 2017

This week’s main blog headlines are … Regulating the unregulated I was thinking about this question of how to regulate global technology platforms that don’t recognise national boundaries, mainly in the context of crypto and digital currencies.

Maine 210

Maine Regulation National How To 210

Chris Skinner

SEPTEMBER 3, 2017

This week’s main blog headlines are … Slow regulations versus fast tech Before 2010, I was writing a lot about technology but it was all heavily geared towards regulations. It was pretty dull, to be honest, but worthy.

Maine 207

Maine Regulation Technology 207

Chris Skinner

SEPTEMBER 21, 2017

Things we’re reading today include … Fake website fools Equifax staff Challenger bank Paragon restructures as it bids to go mainstream Hack of Wall Street regulator rattles investors, lawmakers Invisible threat ‘Payment by vein’ trialled in supermarket Banks to carry out immigration checks on customers Young shoppers want to (..)

Regulation 190

Regulation Payments 190

Perficient

MARCH 10, 2021

.” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Loan reviews are completed in the first and third calendar quarters each year.

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National Regulation FDIC Retail 309

Chris Skinner

NOVEMBER 8, 2017

Regulator could open banking to tech giants Revolut is applying for a European banking license to become a true bank State Bank of India Launches Blockchain Technology-Based Know … The post Things worth reading: 9th November 2017 appeared first on Chris Skinner's blog. Facebook Financial?

blockchain 185

blockchain Regulation Management Technology 185

Bank Innovation

MAY 9, 2017

Startups that promise to change the face of regulation have been in the fintech spotlight lately (see our regtech watchlist here). At the current run rate, 2017 would be the first year “that both deals and dollars decline, and could drop to a […]. But the deal activity seems to have slowed down for the sector.

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Regulation Fintech 207

Chris Skinner

SEPTEMBER 5, 2017

China regulators target ‘systemic risk’ from money-market … The post Things worth reading: 5th September 2017 appeared first on Chris Skinner's blog.

Bitcoin 185

Bitcoin Regulation System Marketing 185

Chris Skinner

OCTOBER 16, 2017

Things we’re reading today include … City warns transition deal ‘disappearing by the day’ as May heads to Brussels Fintech market moves beyond lending Wi-fi security flaw ‘puts devices at risk of hacks’ Financial regulator warns of growing debt among young people Uncertainty over Brexit transition ‘could put (..)

Lending 177

Lending Regulation Fintech Security 177

PYMNTS

JULY 2, 2020

The president of the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, said the $2.1 But EY, Hufeld and regulators are facing scrutiny over how the once high-flying company managed to escape the industry’s standard accounting rules. It is plain vanilla, old-fashioned criminal behaviour,” Felix Hufeld said.

Regulation 142

Regulation Fraud Report Community 142

Chris Skinner

JUNE 2, 2017

The post Things worth reading: 2nd June 2017 appeared first on Chris Skinner's blog. The race to become Islamic banking’s fintech hub The super-rich are different: they pay less tax.

Policies 185

Policies Community Bank Taxes Regulation 185

Chris Skinner

NOVEMBER 20, 2017

Things we’re reading today include … Brexit Pushes EU Bank Regulator Into Arms of Continental Suitors The Future Of Banking Is In The Palm Of Your Hand When the last bank leaves town ‘We’ve been badly served by banks’: the small firms seeking ethical banking Increase in disgruntled employees stealing confidential … (..)

Regulation 164

Regulation 164

Chris Skinner

MARCH 7, 2017

The post Things worth reading: 8th March 2017 appeared first on Chris Skinner's blog. Bank of England deputy governor with brother in senior Barclays role faces calls to resign .

National 190

National Regulation System Data 190

Chris Skinner

AUGUST 2, 2017

Things we’re reading today include … Deutsche Bank foresees 4,000 UK jobs to be shifted to the EU after Brexit Standard Chartered’s profit surge eclipsed by lack of dividend Australia’s Commonwealth Bank accused of massive money-laundering breaches PwC fined for Merrill Lynch compliance failure US regulator mulls banking rule (..)

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Compliance Regulation US 164

Chris Skinner

AUGUST 6, 2017

Banks issue new sort codes in ringfencing of high street operations China’s bank regulator lets crackdown deadline slip over stability worries Australian bank: Buggy software made us miss money laundering scam Consumer spending suffers longest decline in four years, raising … The post Things worth reading: 7th August 2017 appeared first (..)

Software 157

Software Regulation US Operations 157

Chris Skinner

DECEMBER 19, 2017

Things we’re reading today include … Payments regulator urged to prevent ‘ATM deserts’ in parts of UK Michel Barnier is ‘Scrooge’ to rule out bespoke Brexit deal, City bosses say Bitcoin not a threat to financial stability, say European economists Allianz pumps $100m into micro-insurer targeting world’s poorest (..)

Bitcoin 150

Bitcoin ATM Regulation Payments 150

Chris Skinner

JUNE 22, 2017

regulators, lawmakers support Volcker rule revamp at hearing China’s ICBC says checks of loans by big acquirers are routine Biggest U.S. regulators, lawmakers support Volcker rule revamp at hearing China’s ICBC says checks of loans by big acquirers are routine Biggest U.S.

Fraud 177

Fraud Fintech Regulation System 177

Chris Skinner

APRIL 5, 2017

regulator fines Credit Suisse unit, adviser over improper investments Co-op Group slumps to £132m loss after bank stake write-off. The post Things worth reading: 6th April 2017 appeared first on Chris Skinner's blog.

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Regulation Groups 171

Chris Skinner

MAY 8, 2017

regulators look at Volcker Rule, a sign they hear Wall Street. The post Things worth reading: 9th May 2017 appeared first on Chris Skinner's blog.

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Mobile Regulation Payments 177

Chris Skinner

JULY 20, 2017

attempt to limit Wall Street bonuses fizzles out quietly Regulating credit unions in Africa. The post Things worth reading: 21st July 2017 appeared first on Chris Skinner's blog. Revealed: The world’s 10 largest companies by revenue Bitcoin swings as civil war looms ECB warns stimulus programme still has a way to run U.S.

Bitcoin 157

Bitcoin Regulation Mobile Security 157

Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. The Paym mobile real-time payment service will continue to grow at 200% – 300% per year and will see around 10m payments in 2017. External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. The Paym mobile real-time payment service will continue to grow at 200% – 300% per year and will see around 10m payments in 2017. External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Chris Skinner

JULY 2, 2017

China’s $9tn bond market opens up to foreign investors Japanese banking giant Sumitomo Mitsui opens Frankfurt office to avoid Brexit ‘disruption’ City of London ‘to press EU for post-Brexit deal’ The Trump era of light-touch regulation dawns US bank CEOs earn up to three times more than rivals.

Regulation 157

Regulation Groups US Marketing 157

Chris Skinner

MARCH 6, 2017

billion cash call ‘Super equivalence’ needs new international regulator, says City Bank staff trained to spot cash scams as they take place Ireland: The forgotten frontier of Brexit Deutsche Boerse blames Britain for failed LSE tie-up: chairman in paper.

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Training Survey Lending Regulation 177

PYMNTS

NOVEMBER 16, 2018

16) that the practice still fell in popularity in 2017. percent in 2017 per the flow of SWIFT interbank payment messages. percent cumulatively from the beginning of 2011 to the conclusion of 2017. But the checks by banks help to quell these kinds of violations, so the situation has caused frustration for regulators.

Regulation 190

Regulation National Survey Regional 190

Chris Skinner

JANUARY 30, 2017

Things we’re reading today include … Former HBOS manager found guilty of corruption and fraud Former top City regulator joins Standard Chartered JPMorgan in push to mine customer data Bank of England pumps £5bn into firms and £20bn into banks to keep interest rates down UniCredit capital warning spooks investors MasterCard wins ruling (..)

Fraud 150

Fraud Capital Regulation Data 150

Chris Skinner

JANUARY 26, 2017

Things we’re reading today include … Alibaba’s Ant Financial buys MoneyGram for $880m €2.5bn cost of Mifid II rattles asset managers Dutch regulator mistakenly reveals Soros short positions TSB plans ‘year of liberation’ as it finally breaks free of rival and former owner Lloyds Lucky money Co-op Bank warns it will miss capital target (..)

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Capital Regulation Management 150

Chris Skinner

JULY 19, 2017

The post Things worth reading: 20th July 2017 appeared first on Chris Skinner's blog.

Cards 192

Cards Regulation US Payments 192

Chris Skinner

JULY 13, 2017

The post Things worth reading: 14th July 2017 appeared first on Chris Skinner's blog.

Bitcoin 164

Bitcoin Regulation US System 164

Bobsguide

DECEMBER 11, 2017

But no single trend, objective, or concern has piqued the interest of the bobsguide community more in 2017 than regulation compliance, particularly in relation to three of the. Tech buzzwords such as AI and blockchain have certainly garnered plenty of attention in the past year, and quite rightly so.

Regulation 89

Regulation Compliance blockchain Fintech 89

Chris Skinner

NOVEMBER 6, 2017

Aldermore … The post Things worth reading: 7th November 2017 appeared first on Chris Skinner's blog.

Taxes 150

Taxes Regulation 150

PYMNTS

JUNE 29, 2020

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but all decided against it, Reuters reports. Putting it under the umbrella of financial firms would have put the whole company under bank regulation.

Regulation 144

Regulation Report Capital Company 144

Cisco

NOVEMBER 1, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). According to the NYDFS cybersecurity regulations, there are common MFA violations that have occurred across financial service organizations.

Regulation 124

Regulation Security System New York 124

PYMNTS

OCTOBER 8, 2018

According to The Wall Street Journal , the federal derivatives-market regulator also handed out around $900 million in penalties, higher than the amount in five of the eight years of the Obama administration. percent in 2017 to about $3.8 Total fines ordered through SEC enforcement activity fell 7.2

Regulation 159

Regulation cryptocurrency Minneapolis Fraud 159

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

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Regulation Guidelines Groups Report 141

Chris Skinner

JULY 4, 2017

The post Things worth reading: 4th July 2017 appeared first on Chris Skinner's blog.

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Regulation US Industry Company 177

Chris Skinner

MARCH 13, 2017

The post Things worth reading: 14th March 2017 appeared first on Chris Skinner's blog.

Regulation 177

Regulation Groups 177

Chris Skinner

MAY 24, 2017

The post Things worth reading: 25th May 2017 appeared first on Chris Skinner's blog.

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Bitcoin Google Capital Regulation 185