Regulatory Developments

Cyber Lexicon

A lexicon to support work of the FSB and others to address financial sector cyber resilience.


Second phase of the G20 Data Gaps Initiative (DGI-2): Third Progress Report

Progress report on actions to address data gaps identified after the global financial crisis.


MAS unveils new DLT plans for securities and cross-border payments

Success of initial project leads authority to launch two ‘spin-off’ projects, including a possible cross-border application of central bank-issued digital currency


Bundesbank unveils blockchain settlement system

Prototype system able to transfer digital coins or securities as well as settling “basic corporate actions”; Deutsche Bundesbank to continue working on project to create a test concept


‘Digital sterling’ could bring benefits but would reshape banking – BoE’s Broadbent

Bank of England deputy says central bank digital currency could entail a redesign of the banking system; research points to potential growth and stability benefits


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Child porn images bring unwanted attention to blockchain technology

Bitcoin SV is not alone in having to deal with illegal materials posted permanently on a digital ledger By Leo Jakobson , February 6, 2019 (Via Shutterstock.) The downside of blockchain’s immutable record came into focus this week, when an as-yet-unknown user was discovered to have uploaded child pornography directly onto Bitcoin Satoshi Vision (BSV). … Read more


Blockchain may offer solution to deadly distribution of fake pharmaceuticals

Fraudulent and substandard drugs kill hundreds of thousands of children every year in developing countries By Leo Jakobson , February 6, 2019 We’re going to go out on a limb here and say one shouldn’t trust this doctor (via Shutterstock). On Jan. 31, China’s Chongqing Yuzhong District Food and Drug Administration announced that it was … Read more


For one cryptocurrency exchange, too much security may be as damaging as too little

The sudden death of QuadrigaCX’s CEO may have locked $137 million away forever By Leo Jakobson , February 4, 2019 A really tiny skeleton and bitcoin (via Pixabay). Billion-dollar cryptocurrency hacks get a lot of publicity, but customers of one Canadian exchange are finding out the hard way that there’s such a thing as too … Read more


SEC wants big data tools for monitoring and enforcing cryptocurrency market compliance

Move is latest series of steps by regulator to bring clarity and less confrontational approach to regulations enforcement By Leo Jakobson , February 4, 2019 The SEC (via Shutterstock). The U.S. Securities and Exchange Commission wants to know if the technology to help it monitor major cryptocurrency blockchains for risk and regulatory compliance issues exists. … Read more


IBM focuses on second chapter of cloud story at Think – hybrid and open but secure

It’s seconds out for round two of the cloud story – one which has hybrid and multi-cloud at its core, and is open but secured and managed properly. That was the key message from IBM chief executive and chairman Ginni Rometty at IBM’s Think Conference in San Francisco earlier this week. “I’ve often said we’re … Read more


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Cybersecurity, Data and AML/Sanctions

Google Cloud chief Kurian advocates aggressive enterprise sales strategy in opening salvo

Google Cloud chief executive Thomas Kurian is looking to give his new employer a stronger enterprise presence – by using old-school sales tactics. Speaking at the Goldman Sachs Technology and Internet Conference in San Francisco, the former Oracle veteran noted his plan to hire more salespeople, focus more aggressively on large traditional companies, as well as … Read more


Exploring the links between AI, 5G and IoT – and how cloud computing underpins them all

Sponsored If the agenda and sessions at MWC 2019 don’t explicitly mention cloud computing, then there’s a good reason. The emerging technologies that will be explored at the show, which runs as ever in Barcelona from February 25-28, from artificial intelligence (AI), to 5G, to the Internet of Things, all need cloud to underpin them. … Read more


Why businesses should keep their head in the clouds if they want to succeed

EU adoption of cloud computing increased to 26% in 2018, up from just 18% from four years prior, according to new research published by Eurostat. However, while the majority of EU businesses are utilising cloud services for emails and file storage, fewer are embracing more advances cloud-based business applications like accounting software, ERP, CRM data … Read more


Relational databases ‘here to stay’ in the enterprise amid greater cloud and data complexity

Reports of the death of the relational database have been greatly exaggerated – at least in the enterprise. According to a new study from Progress Software – the company’s latest annual data connectivity report – while the on-premises relational database behemoths of SQL Server, MySQL and Oracle have declined year on year, the cloud push … Read more


How a multi-cloud approach works and what it means for your organisation: A guide

A recent IDG survey reported that 89% of businesses have, or plan to, invest in digital initiatives this year. But despite the buzz around digital transformation, implementing it isn’t always smooth sailing – only 44% fully adopted the approach. Introducing new company-wide initiatives can be a daunting prospect for leaders, employees and CIOs alike, but … Read more


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Banking, Finance and Investment

Marketplace Lending News Roundup – February 9, 2019

During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. HSBC and Goldman Sachs back UK start-up that lets banks offer rivals’ products on their apps from … Read more


CaixaBank first to show withdrawal symptoms for ATM cash

CaixaBank says it has become the world’s first financial institution to offer its customers the ability to use facial recognition to withdraw cash from ATMs, without having to enter their PIN. Soon you won’t have to remember anything The Spanish bank explains that this “streamlines the customer identification process, and makes it possible to withdraw … Read more


3 Ways to advance usage and drive impact in financial inclusion

Unprecedented technological advancements and corresponding innovations in business models have helped financial inclusion evolve beyond merely connecting people to a bank account. It is, for instance, helping level the playing field for small farmers by providing access to buyers, more efficient pricing, and speedier payments. It is replacing unwieldy paper voucher systems used amid humanitarian crises with prepaid cards … Read more


Part 2: Mobile Banking and Buying: Best Practices

In the first part of this two-part blog, we outlined the kinds of banking and buying you can do on your mobile device, but also the things to watch out for. You might have noticed that our cautionary notes center around four threat vectors you need to track to stay safe: device, app, network, and … Read more


Part 1: Mobile Banking and Buying – The Good and the Bad

Banking and buying with your mobile device is powerful and convenient—and in some ways safer than using your bank card. You can check your balance, make secure payments, deposit checks, and transfer funds. You can even connect your debit or credit card to Apple or Google Pay (or another payment service) for quick and easy … Read more


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