The Basel Committee on Banking Supervision (BCBS) released a consultation paper on the implications of fintech for the financial sector last Thursday on August 31st named, Sound Practices: Implications of fintech developments for banks and bank supervisors. The paper ... Read More →
Fintech
Banks Trimming Compliance Staff: Bloomberg
Compliance-related jobs, once in hot demand, are now slowing down as technology is now robust enough to perform transactional surveillance on behalf of humans. Banks around the world have been deploying new technologies that can replace manual Customer Due Diligence ... Read More →