Regardless of disruption or prosperity in the future, traditional banks will be challenged by a fundamental shift in the role of data in financial services. This complimentary webinar encourages participants to look beyond existing views of a data-centric bank. You will learn how new forms of data impact demand and supply, and the three capabilities
Interest in Open Banking is strong in Canada, where conversations center around “consumer-directed finance” and an effort to deliver greater choice, control and personalization in financial services. An initiative driven by the Open Banking Initiative Canada (OBIC) seeks to regulate the protection of financial data, products and processes. According to the Manifesto published in April
NICE Actimize, a NICE business, and its cloud and AI-based AML Essentials solutions, has been chosen by the fintech company KOHO Financial, Inc., a Toronto-based provider of online financial services, to support its innovative digital platform and further accelerate its growth in the market. Utilizing NICE Actimize’s AML Essentials, KOHO will also address key guidelines
Lufax Holding Ltd , a leading technology-empowered personal financial services platform in China, today released its first Environmental, Social and Governance (ESG) report. The report highlights the Company’s long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits
Sales tax is complicated as almost every state has different sales tax laws and the vast majority have individual economic nexus laws. There are 46 states with sales tax laws. In addition, there are also more than 40+ states with individual economic nexus laws. Sounds like a headache, right? Not to worry, there is a
Do you sell on more than one channel? Maybe you have a company website but also sell on Amazon or eBay? TaxJar automatically aggregates the sales tax data from your different channels into a single dashboard so you can view all your transactions as well as state-by-state reports with city, county and special district breakdowns.
If you’re unsure about where you and your company stand with nexus, you’re not alone. Nexus used to be fairly simple. But in 2018, that all changed with the supreme court case South Dakota v. Wayfair, legalizing economic sales tax nexus state laws. Now, either a physical or economic presence in a state can give
Offering secure, user-friendly digital banking journeys has never been more imperative — or complex. As the Covid-19 pandemic shuttered retail branches, mobile and online banking adoption exploded. Surveys suggest these habits will continue long after the pandemic. Unfortunately, only half of the world’s banks have invested in the technologies they need to satisfy the skyrocketing
Snowflake , the Data Cloud company, and Citi (NYSE: C), today announced a strategic initiative to re-imagine how data flows across financial services transactions to provide a frictionless solution for post-trade processes across the industry. Snowflake’s Financial Services Data Cloud helps organizations like Citi accelerate their top-line growth and drive innovation while mitigating risk. The
S&P Global has today announced that it is a founding member of the newly launched Net Zero Financial Services Provider Alliance (NZFSPA). The seventeen members of the NZFSPA have committed to aligning their relevant services and products to improve consistency in financial decision-making with achieving a net zero economy by 2050, at the latest. The
Davidson Kempner Capital Management LP (“Davidson Kempner”), an institutional investment management firm, today announced the launch of Ashland Place Finance LLC (“Ashland Place”). Ashland Place is an institutional financing platform offering innovative capital solutions to the global commercial aerospace industry. The business will be led by Jennifer Villa Tennity, a veteran aircraft leasing and banking
Wilshire, a global investment technology and advisory company, in association with leading global news organisation, the Financial Times (FT), today announced the launch of a new series of digital asset indexes to help investors understand and navigate this fast expanding market better. Developed with CryptoCompare, a leading global cryptocurrency market data provider, the FT Wilshire
