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Recent U.S. and U.K. assessments of anti-money-laundering and efforts to combat terrorism financing show how the two countries have structured respective approaches to pinpointing key risks.
November 17
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At a recent HCE Payments conference attended by Helixion there was an interesting debate about what form would drive contactless payments forward: mobile or wearables.
November 17
Helixion -
Advocates of keeping the single-director model to run the Consumer Financial Protection Bureau should not write off the virtues of a commission so quickly.
November 16
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Overhauling the splintered multiagency regulatory framework is necessary to promote the stability of the financial system as a whole.
November 16
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The October 2015 liability shift date has come and gone. For years leading up to it finance and payments pundits (and eventually the general population) discussed the impact of this date to force merchants to migrate to EMV-enabled credit cards, from the decades old magnetic stripe standard.
November 16
Wallaby Financial -
The advisory committee established to address defects in the equity markets was stacked with industry insiders and, more troubling, includes firms implicated in serious wrongdoing.
November 13
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The question of when it makes sense to leave something for the states to hash out, or when should the national entity step in continues to bedevil.
November 13
Credit Union Journal -
Industry advocates say Consumer Financial Protection Bureau curbs on arbitration will eliminate a favored legal option, but where's the evidence that banks really prefer arbitration?
November 13
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Around the world consumer adoption for electronic wallets has risen steadily. And mobile wallets such as Apple Pay are finding their ways onto mobile devices around the world.
November 13
Transpay -
PwC's Dennis Nally on how men can empower women in financial services; Fidelity's Kathy Murphy on drawing female customers to financial planning; Well Fargo's Maureen O'Donnell on welcoming female advisers aboard; and are the regulatory agencies welcoming to women?
November 12