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It’s hard to believe that it was only in November 2022 that ChatGPT was unleashed as one of the first mass-market AI applications. With its first birthday approaching, the speed with which ChatGPT is ...
The widespread adoption of technology within the financial industry, and the heavy streams of data being poured through financial institutions daily, have meant that compliance regulations have become...
Abstract Highly regulated BFSI industry faces the risk of running the critical business applications on one cloud platform. Risks arise out of failure on the part of cloud vendor disrupting the busine...
The trends emerging with Instant Payment Systems are: 1. Increasing in-country systems being released and promoted The latest major country to introduce instant payments is the USA. The Federal Re...
In simple terms, seigniorage is the profit that a government or central bank makes from issuing currency. It is the difference between the cost of producing the currency and the face value of the curr...
The dawn of the digital era brought with it many exciting advancements in technology, but it also ushered in an era of increasing complexity in the world of compliance. In a time of unparalleled regul...
A lack of transparency in lending is an old problem made new again with BNPL. According to concerning reports, the UK government plans to delay regulation of the BNPL industry. But behind its ease of...
Stressed out and overwhelmed - that seems to be the sentiment among data leaders in financial services. A recent survey by data management firm Solidatus revealed alarming levels of work-related stres...
At the end of June, Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services – the memorandum of understanding on regulatory cooperation. The aim is to i...
Emergence of ubiquitous Big Techs Big techs, more popularly known as Tech Giants, are the large information technology companies, whose dominance across industry sectors is manifested by a marked upsh...
In June the UK Government gave royal assent to allow the Payment System Regulator (PSR) to mandate reimbursements for scam victims. Consumer and small enterprises (<£5 million revenue) are to recei...
For the gaming industry, navigating the regulatory landscape is an ongoing challenge, but it also presents a new opportunity for companies to demonstrate their commitment to player protection and resp...