Anti-Fraud Strategies Take Center Stage Amid Consumers’ Shifting Expectations

Fraud prevention is much like working behind the scenes of a Broadway show. The stage crew labors behind the velvet curtain to ensure a seamless experience, shining lights, moving props and managing...

April 12, 2024 | By Stu Bradley


Is Institutional-Grade Blockchain Ready for Its Great Leap Forward?

Early in the last decade, as bitcoin was pulling into its orbit an anti-establishment subculture that was suspicious of traditional finance, a few TradFi thought leaders began to contemplate the...

February 2, 2024 | By Michael Shashoua


To Combat Money Laundering, AI Tools Come Off the Shelf and In the Cloud

The battle against financial crime and money laundering is as much technological as it is a matter of law enforcement and regulatory compliance. As artificial intelligence has proved to be potent in...

November 10, 2023 | By Jim Romeo


Facing the Reality of Real-Time Payments: Are Anti-Fraud Protections Up to Speed?

Behind the screens of online commerce, money may not be moving as fast as it appears. It has taken years to implement payment-system upgrades to enable actual real-time transaction processing. More...

June 16, 2023 | By Jim Romeo


The Future of DeFi: What It Means for Risk Managers

Decentralized finance (DeFi) may perhaps be best known as the engine behind cryptocurrencies – but it also has the potential to revolutionize finance by cutting out the intermediary for a range of...

May 5, 2023 | By Tod Ginnis


Digital Transformation: 5 Things CROs Need to Know

Disrupt or be disrupted is the state of the financial services industry these days, driven in large part by the ongoing and never-ending evolution of advanced digital technologies. When companies...

December 9, 2022 | By Emily Frolick


Coinbase’s Institutional Flip Side

Shareholders of Coinbase Global are paying a steep price. The stock has been down over 70% this year as the cryptocurrency exchange – the biggest in the U.S. – contends not only with uncertainties...

October 28, 2022 | By David Weldon


As Crypto Winter Lingers, Digital Custodians Fill Senior Posts

The job cuts ascribed to the downturn known as crypto winter have spread to some of the cryptocurrency industry’s most high-profile and at times polarizing personalities. Among those resigning: Chief...

October 7, 2022 | By Jeffrey Kutler


The Rise of Low Code: A Productivity Breakthrough with Caution Flags

Financial firms pursuing digital transformation are adopting low-code software, a powerful method of simplifying and accelerating system development. But as with other information technology...

September 2, 2022 | By Katherine Heires


Financial Infrastructure at a Systemic Crossroads

Between cloud migration, the COVID-19 pandemic, and nation-state cybercrime, risk management principles and practices have changed dramatically in a few short years. Headlines blare “Breach!” and...

August 19, 2022 | By Jeff Mezger


Embedded Applications: New Revenue and New Risks for Banks

To embed or not to embed? That has become a question for a growing number of banks as opportunities and risks arise from embedded banking, or integration of payments, credit and other banking...

July 22, 2022 | By Katherine Heires


The Evolution and Promise of Frictionless Payments

Editor's Note: Technology has been streamlining and accelerating commerce for decades, but the supporting payment systems have not quite kept pace. Efforts in the U.S. to implement real-time...

October 1, 2021 | By Ed Whitehead


Racing with Wall Street's Robots

The biggest names and deepest pockets on Wall Street do not have the high-frequency trading (HFT) technology arms race to themselves. Serial trading tech entrepreneur George Kledaras is touting a...

July 2, 2021 | By Michael Shari


Faster Payments Pick Up Momentum in the U.S

Faster payment initiatives in the U.S. are catching up to and could surpass networks that got an earlier start in other countries. The Federal Reserve's pending FedNow Service promises to widen the...

June 25, 2021 | By John Hintze


Operational Resiliency Must Remain a Top Priority

As a vast majority of the financial industry's workforce continues working remotely, organizations are operating in entirely new ways. No one could have predicted at the end of last year that a...

October 9, 2020 | By Dan Thieke


Risk and AI Are Common Themes in Fintech Lab Innovations

Technology pilots are underway at major financial firms this summer that are monitoring model risk in real time, providing “explainability” on artificial intelligence deployments, weeding out...

August 14, 2020 | By Katherine Heires


COVID-19 and Operational Resilience: How Past Crises Shape Today's Response

The COVID-19 health crisis has changed how we live and work, and while the pandemic is unprecedented, many of its impacts on financial services firms and their operations are not unlike what we've...

May 22, 2020 | By Dan Thieke


LabCFTC's AI Assistance Challenge

The Commodity Futures Trading Commission has opened a new “competitive” front in its strategy to stimulate technology innovation. Continuing to raise its profile in parallel with other supervisory...

May 1, 2020 | By Jeffrey Kutler


Krishna Prasad Succeeds Thomas Kim as CEO of Digital Asset Platform Tassat; Blythe Masters Becomes a Board Chair

Just over a year after becoming chief executive officer of Tassat, a New York company responsible for institutional trading and payments breakthroughs using blockchain technology, Thomas Kim has been...

April 9, 2020 | By Jeffrey Kutler


Risk and Opportunities in Insurance: A Changing Landscape

The business of insurance is to define, evaluate and mitigate risk. But risk is becoming less predictable, and customer expectations for the purchase and delivery of insurance are changing....

March 13, 2020 | By Phil Ratcliff


Cboe Acquires Analytics and Portfolio Management Providers; Nasdaq Adds ESG-Focused OneReport

Three leading exchange companies have raised their respective competitive antes with a coincidental series of technology-driven acquisition deals. Cboe Global Markets made two for its Cboe...

February 14, 2020 | By Jeffrey Kutler


Blythe Masters, Financial Blockchain Pioneer, Joins Private Equity Firm

Blythe Masters, a longtime JPMorgan bank executive who became CEO of financial industry blockchain venture Digital Asset Holdings, has joined private equity firm Motive Partners as an industry...

December 20, 2019 | By Jeffrey Kutler


Giancarlo Joins Law Firm, Vows to Continue Digital Advocacy

The former chairman of the Commodity Futures Trading Commission, J. Christopher Giancarlo, is taking on multiple roles to stay active at what he terms “the junction of trading markets, technology and...

December 6, 2019 | By Jeffrey Kutler


IBM Says It Can Fortify Public Cloud for Financial Services

The benefits of cloud computing are greatest on public networks like those of Amazon and Microsoft, but financial institutions have held back because of security and other perceived operational and...

November 8, 2019 | By Jeffrey Kutler


Getting Serious About Managing Third-Party Risk

Implementing a sustainable, risk-centric third-party risk management (3PRM) program starts with being methodical about translating high-level frameworks and legal and regulatory requirements into...

September 20, 2019 | By Linda Tuck Chapman


Northern Trust: A Custodian with Leading-Edge Leanings

With $11.3 trillion of assets under custody/administration, Northern Trust is by reputation and culture a conservative, tightly risk-managed institution underpinned by a “fortress balance sheet,”...

September 6, 2019 | By Jeffrey Kutler


Hot Properties: Risk and Compliance Software

In the first half of August, Steele Compliance Solutions, NAVEX Global and Bloomberg announced acquisitions of companies active in risk- and compliance-related technologies. Their targets were,...

August 16, 2019 | By Jeffrey Kutler


Nasdaq Agrees to Sell GRC Software Business

Governance, risk and compliance (GRC) software company BWise, which has been owned by Nasdaq since 2012, is being sold to SAI Global. The agreement was announced on February 11, and the transaction...

February 15, 2019 | By Jeffrey Kutler


Oliver Wyman to Incumbent Banks: Go Greenfield

A typical annual state-of-the-industry report might include a compilation of key performance indicators, economic projections and demographic trends. Consulting firm Oliver Wyman's 2019 state of the...

February 1, 2019 | By Ted Knutson

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