bank regulations

UK Regulators Call For Backup Plans Following Bank IT Glitches

UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

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U.K. Scrambles To Prop Up Business Bank Lending
U.K. Scrambles To Prop Up Business Bank Lending
September 03, 2019  |  B2B Payments

U.K. regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from...

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CFPB Proposes Implementation Of Fair Debt Collection Practices Act
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act....

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Computers Die, Databases Can’t — So Banks, What’s The Plan?
Computers Die, Databases Can’t — So Banks, What’s The Plan?
March 19, 2019  |  Data & Research

One cannot run a mainframe in the cloud. No one will ever beat the speed of light. Oh, yeah — and no one wants to lose...

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Controversy Hits RBS’ $1B Fund To Boost Bank Competition
Controversy Hits RBS’ $1B Fund To Boost Bank Competition
February 21, 2019  |  B2B Payments

The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to...

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Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
February 05, 2019  |  B2B Payments

The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses...

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Opus Accelerates KYC Automation For Banks
Opus Accelerates KYC Automation For Banks
January 30, 2019  |  B2B Payments

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. A press release on Tuesday (Jan. 29)...

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Morgan Stanley Takes Steps To Make FinTech Partnering Easier
Morgan Stanley Takes Steps To Make FinTech Partnering Easier
December 20, 2018  |  Startups

Morgan Stanley wants to make it easier to acquire new tech from startups as well as pick up the pace of collaboration amid concerns from FinTechs...

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