Blog

The traditional banking landscape has been disrupted by the response to the COVID-19 pandemic, the rise of new business modes like embedded finance, and the emergence of Banking-as-a-Service (BaaS). Banks must change if they want to stay competitive, and BaaS offers an innovative banking model which addresses the evolving needs of customers.

Senior Compliance Consultant, Jon Tavares, JD, LLM, discusses age based banking accounts and their UDAAP/UDAP risks in the ever changing regulatory environment.

The recent collapse of several US banks, including Silicon Valley Bank, Signature Bank, and First Republic Bank, has sent shockwaves through the financial industry, creating acres of press coverage, speculation, and fear. These failures are stark reminders of the critical importance of robust treasury and risk management practices.

Correspondent banking is an integral part of the global financial system, facilitating cross-border transactions and connecting banks and Payment Service Providers (PSPs) worldwide. However, this sector faces new trends and challenges.

Temenos continues to innovate in preparation for the digital currency future and has now successfully demonstrated consumer CBDC wallet capabilities built with the Temenos banking platform

Financial Consumers have become accustomed to having frictionless, digital experiences in every aspect of their life. These evolving expectations mean it’s no longer a question on whether you should digitize your onboarding journey, but who you will partner with for this.

If you are looking for a way to significantly impact the growth and profitability of your organization, then improving the effectiveness of your onboarding journeys is a highly effective way to achieve tangible results.

Customer awards recognize the leaders, innovators and visionaries in Southeast Asian banking

Over 23% of banking revenue comes from corporate banking, and 50% of this comes from corporate lending, yet despite this success it’s a sector sometimes mired in trouble.

Senior Compliance Consultant Jon Tavares finishes up the 2 part series on Demystifying APY Calculations by explaining Tiered Rate Calculation requirements.

Gartner predicts SaaS spending to increase almost 18% in 2023 to $208.1 billion. But what’s driving the journey to SaaS and Cloud? And how are banks and providers globally approaching these challenges?

The competitive market and changing consumer expectations have made it more important than ever that you modernize and automate how your institution operates.

Vietnam, and other ASEAN countries lead the way in digital banking, enabling greater access to financial services, driving innovation and creating new opportunities for economic growth

ESG (Environmental, Social, and Governance) issues have taken center stage on every organization’s agenda over the years. The environment, or the E in ESG, has been the focus. But recent worldwide events—the pandemic, its repercussions, the cost-of-living crisis, and economic developments— have propelled another crucial ESG component—social.

Senior Compliance Advisor Sarah Highlander describes how the Approve Positive Settle Negative transactions can lead to UDAAP violations.

We are living in an era where consumers are no longer limited to relying on their local bank or Credit Union to get a loan.

t’s no secret that personal loans are growing in popularity, in fact, 22.5 million consumers have at least one unsecured personal loan—a 12.9% increase from the previous year.

The digital revolution that is taking place in the finance sector has undoubtedly transformed banking and lending.