Could digitalisation of finance lead to more disruptive international capital flows? – Bank Underground
Simon Whitaker
Digital currencies and the tokenisation of financial assets could speed up the movement of money and assets between institutions and across borders....
CFPB seeks comments on bank fees as consumer-data rule reworked
The US Consumer Financial Protection Bureau is seeking answers to questions around bank fees and customer authorization as it reshapes a rule governing...
unveiling the risk of delivery failures and higher volatility in the repo market – Bank Underground
Miruna-Daniela Ivan
The widespread practice of financial institution to re-use securities received as collateral plays a key role in the repurchase agreement (repo) market...
Why FIs should invest in fraud detection
As quickly as financial institutions implement gen AI to speed manual back-end processes and consumer-facing operations, bad actors are using the technology to...
More mortgage lending might push home ownership further out of reach – Bank Underground
Jamie Waddell and Danny Walker
Would expanding mortgage supply lead to increased home ownership? Given that 90% of young home owners have a mortgage,...
Visa abandons open banking in US as data-access debate rages
Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer...