Search Results for: financial regulators
AxiomSL the front runner in corroborating FRTB calculations with ISDA benchmarking to meet industry regulatory requirements
AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces its Fundamental Review of the Trading Book (FRTB-SA) and Counterparty Credit Risk (SA-CCR) certification – as one of the first to provide clients with calculations in line with the International Swaps and Derivatives Association’s (ISDA) ‘golden source’ calculations.......
Canadian Digital Asset Custody Company Brane Announces Readiness to Enter US Market
Brane Inc., a leading digital asset custodian, announced readiness to begin working with banks in the United States, Canada, and elsewhere. On July 22, 2020, the U.S. Office of the Comptroller of the Currency (the ‘OCC’) announced that federally chartered banks and thrifts in the United States can provide cryptocurrency custody services to their customers.......
Constant Announces Launch of AutoCare to Help Auto Lenders Stave Off Delinquency and Charge-Off
Industry-first AutoCare Introduces Automated, Mortgage-style Loan Modifications for Auto Loans Fintech and automated loss mitigation provider Constant has announced the launch of AutoCare, an innovative module on its cloud-native SaaS platform designed to fend off auto loan delinquency and prevent involuntary repossessions. With auto loans emerging as one of the hardest-hit categories of......
Wolters Kluwer Earns Prestigious XCelent Award for “Know Your Customer” Offering
OneSumX for Customer Due Diligence solution helps financial institutions manage customer onboarding risks(Wolters Kluwer) Research and advisory firm Celent has honored Wolters Kluwer Compliance Solutions with a 2020 XCelent Award for Depth of Client Service in recognizing the company’s financial crime control offering, OneSumX for Customer Due Diligence (CDD). The recognition appears in Celent’s......
U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
VirgoX and Global Digital Assets Launch World Stablecoin Association in Switzerland
VirgoX, a stablecoin-focused digital asset exchange, and Global Digital Assets (GDA Capital), a leading blockchain capital markets firm, announced the launch of the World Stablecoin Association (WSA), an independent, not-for-profit organization that is structured and headquartered in Geneva, Switzerland, with a mission to unite business leaders, enterprises, community buildings and regulators in the stablecoin industry......
Mastercard Accelerates Crypto Card Partner Program, Making it Easier for Consumers to Hold and Activate Cryptocurrencies
Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies1, and an increasing number of merchants, digital players and financial institutions are exploring crypto payments. Read More: A Quick Review on Some of The......
XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor
XinFin Network – the digital asset infrastructure powering working capital platforms and financial institutions – announced today that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market. “There is......
XinFin Network Secures Ex-SWIFT Corporate & Trade Head Andre Casterman as an Advisor
XinFin Network – the digital asset infrastructure powering working capital platforms and financial institutions – announced that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market. Read More: Hummingbird......