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Banking Technology 12/08/2019 04:00
Regulators want banks to plan for the worst The proposals also impress on firms their need to set impact tolerances for each important business service and identify and document the people, processes, and technology that supports them.
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Tabb Group - General Author 12/06/2019 11:24
Assets held in ETFs have doubled over the past four years, surging to $6 trillion, notes TABB Group founder and research chairman Larry Tabb, who kicks off this week’s market structure segment with a look at the fallout in the asset management industry from investors’ shift from active to passive funds, including jobs cuts at [...]
NASDAQ 12/05/2019 17:21
The bank reported common shareholders' net income of $68 million for the fourth quarter, up 5%, and pre-tax, pre-provision income of $114 million, up 3.
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PYMNTS.com 12/05/2019 13:51
The Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) published a shared policy summary on new requirements to strengthen operational resilience in the financial services sector.
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Finextra Research (EU) 12/05/2019 08:02
UK regulators have put together a set of requirements designed to strengthen the operational resilience of financial services players.
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ComputerWeekly 12/05/2019 04:53
UK financial services regulators tell banks to own their IT disasters.
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London-based Monzo gained its banking licence back in April 2017 and now has over two million customers in the UK.
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Zero Hedge 12/03/2019 10:50
Tech War: Trump Admin Considered Nuclear Option In Banning Huawei From US Banking System. A trade deal between the U.S. and China becomes less likely by the day... A decoupling of the world's largest economies is underway. Sources told that the Trump administration considered banning Huawei from using the U.S. financial system as a nuclear option to crush the company. The strategy by the White House National Security Council was to place China's Huawei Technologies Co Ltd. on the Treasury Department's Specially Designated Nationals (SDN) list. This would've meant Huawei would've been barred from the U.S. financial system and banned from using U.S. dollars in transactions, along with prohibiting it from transacting with any U.S. entities or p.
PR Newswire 12/03/2019 08:00
As part of this technology upgrade, the bank will also implement Jack Henry solutions in several other areas of the institution including lending, treasury and digital.
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BankInnovation.net 12/02/2019 05:00
Reich & Tang, which has hundreds of banks on its deposit marketplace, told Buhr it could spread those funds throughout its member institutions and provide the required FDIC insurance.
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As part of its new strategy, the Bank will strengthen its forward-looking monetary policy framework.
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