Retail payments and financial inclusion in Latin America and the Caribbean: identifying gaps and opportunities
The payment aspects of financial inclusion (PAFI) framework, set up by the Committee on Payments and Market Infrastructures and the World Bank in 2016, recommends a set of actions to spur financial inclusion by means of improvements in the retail payment…
Worst-case losses would have wiped out the CCP’s available liquid resources on one day in Q1
Previous highest payment obligation of a single participant was $77 billion in size
The aim of this paper is to examine which payment instruments Canadians use for paying bills and to assess the factors driving their bill payment behavior.
The authors employ historical LVTS and ACSS data and use the discrete choice demand estimation approach to uncover end users’ and financial institutions’ preferences when deciding which payment instruments and payment systems, respectively, to use.
Economic prediction during a crisis is challenging because of the unprecedented economic impact of such an event, which increases the unreliability of traditionally used linear models that employ lagged data. The authors help to address this challenge by…
Christoph Kurth, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses the growth of conduct and operational risks in the light of the pandemic, including those caused by mass home-working, the enhanced…
This paper investigates factors associated with high credit card loss rates during the period 2008–11 associated with the Great Recession.
Asia Risk 25: Asian lenders eye technology and data to help tame disruptors on their turf
FX settlement giant not fast on its feet, say dealers and challengers, but hard to knock down
Also: counting the cost of Covid cons; Citi audio dynamite. Data by ORX News
Industry body is updating unloved procedure for valuing terminated swaps
Collateral used to back ‘stablecoins’ such as libra will be unavailable for reuse
Premiums of more than 25% are attractive to banks battling low vol and increasing competition
Attack on one bank could affect more than a third of banking system’s assets, researchers warn
A forum of industry leaders discusses the latest developments in XVA and the strategic, operational and technological challenges of derivatives valuation in today’s environment, including the key considerations for banks looking to move to a standardised…
Machine learning can be too efficient; now, vendors are looking for ways to make it more accurate. Clive Davidson looks at the stories behind this year’s Risk Technology Awards
Changing regulations and new accounting standards are creating enormous challenges for financial organisations. Thorsten Hein, principal product marketing manager, risk research and quantitative solutions at SAS, explores why, to successfully meet these…
As technology increasingly permeates societies, cultures and everyday activities, its integration into people’s lives is having a profound impact on what is expected of people in the workplace. Deloitte examines this evolution of today’s workforce, the…
What lies ahead for investment managers
Banks’ anti-money laundering teams are starting to utilise machine learning to combat financial criminals. Risk hosted a webinar in association with NICE Actimize to explore whether these bots can be trusted