Increasingly in today’s society we want everything at the click of a button, at our fingertips, on our smartphones – so why shouldn’t we access and manage our insurance in the same way?
The traditional banking landscape has been given a facelift in recent years following the rapidly growing FinTech revolution; hot on its heels came RegTech, striving to find more efficient and effective ways of automating regulation in this new sphere of financial technology without restricting innovation. It ...
The successful infiltration of technology into every aspect of our personal lives has led pundits, over the last few years, to try and predict how technology will alter the landscape of our professional lives.
Whilst they did that, technology went about its business of revolutionising the workplace, nowhere more integrally than within financial services. The increasing use of artificial intelligence (AI) in the industry, and the speed with which it is being introduced, is fuelling a debate ...
Orange is the new black, forty is the new thirty…is RegTech the new FinTech, or just its younger sibling?
Whether we realise it or not, financial technology has been around for a long time. Credit Cards were introduced in the fifties, Automated Teller Machines in the Sixties but in the last few years FinTech (Financial Technology) has exploded, and is now threatening to narrow the gap on traditional financial service offerings. In its ‘The Pulse of FinTech 2016’ report KPMG state that global ...
The International Compliance Association (ICA), in conjunction with the Bahamas Institute of Financial Services (BIFS) and Bahamas Association of Compliance Officers (BACO), announces the launch of a new internationally recognised qualification. The ICA Certificate in Money Laundering Risk in Betting and Gaming has been created to fill a growing demand for niche subject knowledge in this ever-changing area of compliance. Recent years have seen a significant period of change in gaming industry re...
We don’t know who originally had the idea for committing financial crime, although what is said to be the first recorded incident of fraud – involving a Greek merchant called Hegestratos, an upfront payment for transporting a cargo of corn and a failed plan to scuttle the ship carrying it – dates back to around 300 BC.
Things have become a bit more sophisticated since then, not least because of new technology and the scope it offers for cyber-enabled fraud. Research published earlier this yea...
Germany is the third largest country in the world in terms of its international trade. The country exports an impressive 46.9% of its GDP. To achieve this, German companies have developed a complex supply chain, integrating thousands of third parties, subsidiaries and agents worldwide. As the strategic importance – and compliance risks – of third parties increases, companies have to mitigate business risks while building trust in their partners.
Traditionally, companies have mitigated inter...
ICA ist der weltweit führende Anbieter von professionellen zertifizierten Qualifikationen und Ausbildung in der Anti-Geldwäsche, Compliance und Finanzkriminalprävention. Sowohl für Einsteiger als auch erfahrene Praktiker sind ICAs Zertifikat und Diplom-Studiengänge ein Maßstab der Exzellenz. Unsere international anerkannte Qualifikationen verbessern die Kenntnisse und Fähigkeiten des Einzelnen, verbessern Geschäftspraxis und minimieren Risiken.
http://www.int-comp.org/de/alle-ica-zertifikat ...
Beneficial ownership is a phrase likely to leave the average person baffled and probably not very bothered. But it’s a concept set to attract much more interest over the coming months and years, thanks to the Fourth Anti-Money Laundering Directive, and the central registers of beneficial owners that it will introduce.
Read more: http://www.int-comp.org/insight/2016/march/15/beneficial-ownership-a-new-era-of-openness-germany/
At the International Compliance Association anti-money laundering (AML) is one of the most popular subjects we cover. It’s a subject that is constantly changing and evolving, and one which challenges us to try and make sure our training programmes provide AML practitioners around the world with the tools to manage these risks effectively. One of the key AML areas where this can be done is in the reporting of suspicious activity.
Read more: http://www.int-comp.org/insight/2016/march/09/report ...
