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The EBA calls for more long-term approaches in banks

The European Banking Authority (EBA) has called on banks to consider long-term horizons in their strategies and business activities after pressures on short-term goals.

The EBA releases new details on counterparty credit risk

The European Banking Authority (EBA) has outlined the method for identifying the material risk drivers of derivative transactions based on which the mapping to one or more of the risk categories is to be done.

LogicGate collects $24m in funding to support team growth initiative

LogicGate, automated governance, risk and compliance (GRC) software, has collected $24.75m in a new funding round.

AusPayNet reveals the number of card fraud incidents is declining

Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.

Deutsche Bank implements new document management solution

Deutsche Bank has implemented a new cloud-based legal document management system through a new deal with NetDocuments.

FCA seeks comments on opportunities of Open Finance

The Financial Conduct Authority (FCA) commenced a Call for Input (CfI) on opportunities created by Open Finance.

More than 50% of UK consumers ready to drop passwords for biometrics

Over half of consumers (57%) in the UK would be happy to replace passwords and pins with biometric verification, according to a study from Equifax.

The Federal Reserve Board is giving stakeholders more time to comment on new risk-capital...

A new framework for risk-based capital is in the works in the US. Now, FinTech companies have until January 22 to make their views heard.

Why Starling Bank and Monzo are changing their overdraft policies

Hot on the heels of Monzo, Starling Bank has changed its overdraft fee rules on the back of a Financial Conduct Authority (FCA) decision.

FDIC gears up to modernize the US deposit trading rules

FinTech companies in the US may see the trading brokered deposits rules change soon.
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