U.S. Banks Increasingly Pressured by Compliance Requirements June 18, 2013A report from Wolters Kluwer finds that financial institutions are feeling greater regulatory pressures than even at the beginning of 2013.
How Technology Turns Stress Testing from a Compliance Challenge to a Competitive Advantage May 29, 2013As regulators demand more detailed stress testing from banks, modernizing loan valuation systems breaking down organizational silos can aid in compliance and risk management. IT Investment A Priority for Banks: Report May 21, 2013A survey from KPMG also found that regulatory issues are the biggest impediment to growth for banks.
New Study Finds Bankers Expect Big Challenges And Few Benefits From Dodd-Frank 1073 January 29, 2013Bankers believe Dodd-Frank 1073, which will regulate cross-border-payments and will be implemented this year, will have a negative impact on their payments business, according to a new survey. 4 Areas of Focus for Competitive Advantage in Banking in 2013 January 11, 20132013 may end up as "the year of regulatory implementation in banking," but compliance is not the only challenge facing banks that want to outpace the competition. 2013 Bank Regulatory Forecast December 07, 2012Banks will continue to grapple with a host of regulatory demands, especially as Basel III and Dodd-Frank provisions come into effect.
Uncertain Regulatory Future for Banks November 09, 2012A repeal of parts of Dodd-Frank now seems unlikely with an Obama re-election and Democrat-maintained control of the Senate.
Sheila Bair's 4 Types of Dysfunctional Regulators October 26, 2012Sheila Bair, former FDIC chair and current industry critic, thinks that regulators are partly to blame not only for the financial crisis and the banking industry's continuing lousy reputation, but she also has plenty of criticism for bankers and politician Business Groups Sue SEC Over Dodd-Frank Anti-Bribery Rule October 10, 2012Four business groups on
Wednesday filed a lawsuit against the U.S. Securities and
Exchange Commission's new rule requiring oil, mining and gas
companies to disclose payments they make to foreign governments. Earthport Updates International Payments Service in Line With Dodd-Frank 1073 August 17, 2012Earthport makes new additions to its cross border payments system to help banks comply with regulations announced lasts eek by the CFPB. Sandy Weill’s "Conversion" -- Why the Shock? July 26, 2012Sandy Weill changed his mind about the structure of big banks. Why is everyone so surprised? The Dodd-Frank Act: A Catalyst for Change July 26, 2012Dodd-Frank and other regulatory requirements have banks examining their independent financial controls. Great Potential in Mobile Services for Small Business Clients, FundTech Survey Says July 23, 2012A FundTech survey released today found great potential for revenue in mobile services for small businesses while uncertainty over new regulations remains the norm. Dodd-Frank, Two Years Later: What Has It Meant for Bank IT? July 02, 2012As more provisions of Dodd-Frank go into effect, how have banks responded to comply to the new regulations? What are some technologies they are adopting to help? CFPB to Examine Mobile Payments June 29, 2012The regulatory agency said it is going to examine the potential harm for consumers around mobile payments. The Golden Age of Loyalty Rewards June 28, 2012Enrollment in loyalty programs is rapidly rising across the financial services industry. The Pursuit of New Revenue Generators: How Banks Can Monetize New Digital Technologies June 27, 2012Given new regulatory statutes and changing consumer habits, banks' revenue generators of 10 years from now almost certainly will not be the same as today's. While mobile and other emerging technologies offer exciting new opportunities for banks, however, t Kicking the Bank Fee Habit June 22, 2012The future of banking will be based on profitable customer relationships, not transaction-based fees. But can banks really adopt a new -- and healthier -- business model? CFPB Debuts New Credit Card Consumer Complaint Database June 19, 2012The database will compile and track consumer complaints to prevent credit card fraud. Fundtech Introduces New Risk Management Solution May 14, 2012The solution is designed to aid banks in navigating changing global regulations.