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Categorie: Labstore (Page 2 of 5)

Instant payment

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1 – What does it mean?

It’s a new payment instrument available 24/7/365 and resulting in the immediate or close-to-immediate interbank clearing of the transaction and crediting of the payee’s account with confirmation to the payer. (Definition of the Euro Retail Payment Board (ERPB)

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European regulatory perspectives: Less is more!

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Jonathan Hill, former European Commissioner, took stock of his achievements on 12 July, during a speech at the Bruegel Institute. He drew up the work carried out during his mandate as Commissioner for Financial Stability, Financial Services, and Capital Markets (FISMA) and detailed upcoming challenges for the institution.

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Forget FinTech, here are RegTech!

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You just got familiar with FinTech. Here is its evolution that has rocked the London 2016 FinTech Week edition: the RegTech (for ‘Regulatory technology’). The ambition: to manage all regulatory aspects, from the determination of ratios to the risk mapping and KYC management [1].

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PSD2: impacts on Core Banking System (CBS)

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In addition to a wider scope than the first, the PSD2 also implements new services such as payment initiation and accounts information that have an impact on the CBS or the information system of banks and financial institutions.

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Digital transformation in Banking

The actors: Banks, Telecom operators, Fintech and non-bank players. Their objectifs, strenghs and weakenesses.
Which digital strategy?
Why SAB?

Click on the image below to watch the video.

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IFRS 9 – a new regulatory change in 2018: are you ready?

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On 24 July 2014, the International Accounting Standards Board (IASB) completed the final element of its overall response to the financial crisis by publishing the final version of the standard “IFRS 9 – Financial Instruments”, replacing the standard “IAS 39 – Financial Instruments: recognition and Measurement”.

IFRS 9 is to date still not approved by the European Union.

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