Open for business

At his annual Mansion House speech to bankers and merchants in the City of London during June, the out-going governor of the Bank of England, Mark Carney, outlined his views on the ‘new economy’ and ‘new finance’. The following are edited highlights of that speech

Call for unity on payments fraud reporting

Account servicing payment service providers (ASPSPs) across the EU are implementing national transpositions of the Euro Banking Association’s (EBA’s) Guidelines on Fraud Reporting under PSD2. However, an updated version...

Cyber criminals steal a march on the dark web

Organised crime, leveraging the dark web, is becoming far more effective in collaboration and sharing data about how to attack digital facilities and assets than those tasked with countering such threats, Sibos delegates were told yesterday, writes Roland Tellzen.

Central banks go crypto

Cryptocurrencies have come a long way since their early associations with libertarian aversion to government surveillance. Discussion, if not yet concrete application, of digital currencies has permeated banks and other financial institutions, writes Richard Schwartz