With over 40+ economies in the world shifting to real-time payments schemes over the last decade, the market demand for immediate access to funds is undoubtedly...
With over 40+ economies in the world shifting to real-time payments schemes over the last decade, the market demand for immediate access to funds is undoubtedly at its peak. The TCH RTP® not only provisions for real-time transfers and requests for funds but also fills the gaping hole of real-time information through an extensive set of messages. By limiting transactions to credit push alone, it mitigates the risk of unauthorized debits and the cost of...
With over 40+ economies in the world shifting to real-time payments schemes over the last decade, the market demand for immediate access to funds is undoubtedly at its peak. The TCH RTP® not...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist There are more than 3000 Free Trade Zones (FTZs) around the world with a...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist There are more than 3000 Free Trade Zones (FTZs) around the world with a total turnover in the billions of dollars. The largest FTZ is Hong Kong and second largest is Colon, Panama. FTZs are designed to support the development of exports, foreign direct investment (FDI), and local employment. In addition to boosting economic opportunity, these incentives can create opportunities for money...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist There are more than 3000 Free Trade Zones (FTZs) around the world with a total turnover in the billions of...
Blog by: Parvez Ahmad, Director, Marketing, Oracle The Spring 2019 Financial Services Executive Briefing is around the corner, it will be held on May 2 at the...
Blog by: Parvez Ahmad, Director, Marketing, Oracle The Spring 2019 Financial Services Executive Briefing is around the corner, it will be held on May 2 at the New York Stock Exchange. Here are four big ideas that will be discussed at the briefing through insightful plenaries and deep dive advisories. Request for an invite by clicking here. 1. How to leverage the current operating environment for banking growth Macro-economic issues are affecting the U.S. banking environment,...
Blog by: Parvez Ahmad, Director, Marketing, Oracle The Spring 2019 Financial Services Executive Briefing is around the corner, it will be held on May 2 at the New York Stock Exchange. Here are...
Blog by: Matthew Long - Director, Financial Crime & Compliance Solution Consulting We live in a time where news of the next banking or supervisory authority...
Blog by: Matthew Long - Director, Financial Crime & Compliance Solution Consulting We live in a time where news of the next banking or supervisory authority being drawn into a money laundering scandal is a matter of when, not if. The now infamous ‘Troika Laundromat’ serves as the latest stark reminder, with the OCCRP (Organised Crime and Corruption Reporting Project) reporting a complex network of 75 offshore shell companies have been used to channel billions of US dollars...
Blog by: Matthew Long - Director, Financial Crime & Compliance Solution Consulting We live in a time where news of the next banking or supervisory authority being drawn into a money laundering scandal...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting If you read our posts about the quandaries of chief...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting If you read our posts about the quandaries of chief controllers and compliance officers and financial analysts and line-of-business managers, you may wonder what finance teams should do. How can they gain the visibility and decision-making ability they need without causing greater fragmentation and complexity in their technology environments? Collaborations with a great...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting If you read our posts about the quandaries of chief controllers and compliance officers and...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting CFOs and finance managers in banking and insurance companies...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting CFOs and finance managers in banking and insurance companies often mention that employee turnover is high even while job security is strong and salaries are competitive. According to some industry observers, CFOs themselves stay roughly five years in their role—not at all long for a high-visibility executive. It’s practically impossible to find out trustworthy reports about...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting CFOs and finance managers in banking and insurance companies often mention that employee turnover is...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting In conversation with compliance officers in banking and...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting In conversation with compliance officers in banking and insurance businesses, I’m often struck by the disparity between what they aim to accomplish and the expectations they face—and the tools available to them. The position of the compliance officer, much like the chief controller, has in recent years evolved in parallel with the role of the chief financial officer (CFO), but...
Blog By: Yogendra Singh, Global Lead, Oracle Financial Services Analytical Applications Consulting In conversation with compliance officers in banking and insurance businesses, I’m often struck by the...
Blog by Garima Chaudhary, Oracle Financial Services Financial Crime and Compliance Management Specialist. Anti-money laundering (AML) and know-your-customer...
Blog by Garima Chaudhary, Oracle Financial Services Financial Crime and Compliance Management Specialist. Anti-money laundering (AML) and know-your-customer (KYC) compliance have become leading concerns at financial institutions globally today. In 2018, money laundering scandals made headlines, especially in Europe. The Danske Bank scandal, for example, exposed the worrying levels of suspect wealth that flowed, unchecked through European banks. In the aftermath of this, 2019...
Blog by Garima Chaudhary, Oracle Financial Services Financial Crime and Compliance Management Specialist. Anti-money laundering (AML) and know-your-customer (KYC) compliance have become...
The financial services industry is being disrupted by unprecedented levels of convergence and connectivity between people, technology, and businesses. The...
The financial services industry is being disrupted by unprecedented levels of convergence and connectivity between people, technology, and businesses. The banking value chain is witnessing a paradigm shift towards unparalleled choice, convenience, innovation and collaboration. This shift is driven primarily by three major factors: Demographics: Digital savvy customers increasingly expect innovative services and engaging experiences, anywhere, anytime and instantaneous...
The financial services industry is being disrupted by unprecedented levels of convergence and connectivity between people, technology, and businesses. The banking value chain is witnessing a...
