Banks
RBI tells public ‘no need to panic’ as mid-sized bank fails
Central bank seeks to quell fears of a second round of trouble after collapse of PMC Bank
FDIC chair says US community banks must upgrade technology
“Banks, if you do not innovate, you will lose in the long run,” Jelena McWilliams warns
Creating trust in money in a data economy
The NDB’s compliance chief, Srinivas Yanamandra, speaks about the need for new approaches to regulating digital currencies, distributed ledgers and deep-learning algorithms
Seven threats from big tech’s libra
Can central banks avoid a ‘big tech’ monetary meltdown?
BoE finds room for improvement in cyber attack exercise
Participants have made changes since previous exercise but some issues remain, central bank says
BIS authors detail new data on non-bank exposures
Banks have highly concentrated exposures to non-financial counterparties, researchers say
Bank of Israel grants digital bank licence
Israel joins growing list of jurisdictions permitting online-only financial services
RBNZ to boost transparency on regulatory breaches
Central bank presses ahead with plan to report “material breaches” by banks on its website
Swift conducts 13-second cross-border payment
Trials saw payments go from origination through to clearing and settlement in seconds
Banks shy away from ECB’s first TLTRO III
Demand was “shockingly weak” says analyst, but firms are expected to increase their uptake in December
SNB holds despite recent ECB and Fed easing measures
Swiss central bank increases threshold on banks’ deposits exempt from negative rates
30 years of central banking
Central banks face credibility tests on a number of fronts
Papua New Guinea upgrades payment system
More financial institutions to use new central switch in bid to improve efficiency and inclusion; international networks also to be added
Aussie regulator signals tougher misconduct stance
Asic warns it will use new powers to punish misconduct in wake of excoriating Royal Commission review
Five insights into China’s green finance transformation
China’s top-down, state-directed mechanism may be the most effective way to embed green finance in a timely manner, writes the PBoC’s Ma Jun
Macro-pru is no panacea
Many central banks need better macro-prudential policy frameworks and communication at a time of rising political interference
BIS paper tracks new channel for funding ‘dry-ups’
A squeeze in one market can spill over to institutions with no direct exposure, authors find
RBI makes fresh bid to boost transmission mechanism
Banks mandated to link floating-rate loans to an external benchmark
The winners of the 2019 Fintech and Regtech Global Awards
Prizes awarded for outstanding work at the cutting edge of financial technology
Innovation for real-time payments and settlements
Financial and institutional banking have undergone a transformational technological shift, meaning working in real time is increasingly commonplace. This is not the case for payments and settlement, which can still take days. Baton Systems explores how…
Suptech focus – AI to the rescue?
With the increased use of artificial intelligence in financial services, Vizor Software explains why it is crucial that regulators increase their knowledge of the potential risks while simultaneously raising internal AI skill levels and usage.
Central banks responding to pace of change in a hyperconnected world
Daily processes large and small have seen a drastic shift of emphasis towards increased automation as evolving technology has permeated every aspect of people’s lives. Lars Schröder, senior engagement manager at SkySparc, explores the impact of…
The Deutsche Bundesbank’s digital transformation
The German central bank’s new digital agenda includes major re-engineering of legacy analytics, processes, innovation management and digital competency