Individual accountability has become a focus for regulators around the world, with new rules raising the bar for what is expected of senior bankers. It remains to be seen, however, whether the accountability regimes will have the impact they intended.
Increased regulation and staggering fines have put reducing risk at the top of the agenda for many banks, but often at the expense of financial inclusion. How can financial institutions ensure they walk the line between compliance while ensuring sectors of society are not excluded?
Remembering dozens of passwords is a nigh-on impossible task for most people, meaning they either forget them – and then have to endure lengthy re-registering processes – or write them down, thus increasing the risk of being hacked. A number of solutions to this 'password chaos' are becoming available, as Jane Cooper discovers.
Extensive research on the cost savings have shown Citi that digital money is the way forward. Now, as the bank's global head of treasury and trade solutions Naveed Sultan tells Jane Cooper, it is pushing to make the move from physical to digital money a reality.
Nasdaq's head of market technology, Lars Ottersgård, explains to Jane Cooper how the US-based stock exchange operator has expanded beyond its core business of equities trading into becoming a global technology provider active in more than 100 markets across the world.
Frank Abagnale's story of cheque forger-turned-good guy is well documented in print and on film. His career has seen him work in partnership with 41st Parameter CEO and founder Ori Eisen. They tell Jane Cooper about their work to stay one step ahead of the cyber criminals.
Target2-Securities, a still-sluggish economy in Europe, technological challenges, the rise of Bitcoin, an increase in project volumes and trade finance, developments in Asean, what next for the renminbi? No one is really sure what the big topic for transaction banking will be in 2015 will be, as Jane Cooper discovers.