| BIS Sees Boons, Risks As FinTech Credit Gains Traction Lending from FinTech firms â driven by tech, data and all sorts of innovations â has grown by leaps and bounds. However, as a recent Bank for International Settlements report finds, the models themselves remain untested in some key respects â such as what happens in a downturn. |
| Advocacy Group Says EU's Tax Haven Blacklist Is Failing Tax havens conjure up images of sunny islands, but a new report from the Tax Justice Network finds that, for EU organizations, the biggest source of "financial secrecy" services stems from the U.S. â and the EU itself. The group argues that the EU's blacklist strategy to combat financial crime, like money laundering, is failing â and says cross-jurisdiction data exchange agreements are a better way. |
| | Cybersecurity | | Protiviti Mulls CFOs' Hesitancy On Data Tech Todayâs CFOs say data security and analytics are their top priorities. Yet, a new report from Protiviti finds these professionals are not prioritizing the technologies that may help them reach their goals, like blockchain or robotics process automation (RPA). Protiviti Managing Director Chris Wright says the findings reflect an aura of caution, but it's only a matter of time before some (maybe not all) of these tools gain traction. |
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