On October 27, 2023, the Federal Trade FTC (FTC) approved amendments to its version of the Standards for Safeguarding Customer Information Rule (the Safeguards Rule) to require non-banking financial ...

The Federal Trade Commission has approved an amendment to the Safeguards Rule under the Gramm-Leach-Bliley Act that creates a new data privacy regulatory reporting requirement for non-banking ...

The financial industry is at a turning point. While banks have long relied on technology like video surveillance to protect assets, mitigate fraud, and ensure regulatory compliance, the role of ...

Discover how financial innovation reshapes investing, banking, and payment systems with examples like crowdfunding and mobile ...

In a region that is redefining the boundaries of financial intermediation, Bank of America has built one of Asia Pacific’s most sophisticated transaction banking propositions for non-bank financial ...

TOKYO, Nov 14 (Reuters) - The growing presence of non-bank financial institutions (NBFI) warrants attention, as some reports show they account for almost half of financial intermediations globally, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What Is Banking-as-a-Service (BaaS)? Banking-as-a-Service (BaaS) is a financial technology that allows non-banking financial companies (NBFCs) to offer banking services to their customers. By ...

Financial institutions, including traditional banks and fintech companies, play a critical role in shaping an inclusive ecosystem for the unbanked and underbanked communities. Individuals in these ...

NEW YORK, June 20 (Reuters) - Non-bank financial institutions pose an increasing risk to America's big banks, economists said on Thursday in a post on the New York Fed's Liberty Street Economics blog.

This paper discusses financial system stability assessment in Botswana. Botswana’s financial sector, which exhibits high integration between banks and non-bank financial institutions, withstood the ...

The Managing Director of Zedvance Finance Limited, Ever Obi, is a risk management and business leader, with over 12 years of experience with leading financial institutions, and proven expertise in ...