Risk management strategies can go a long way in proactively reducing risk to an acceptable level, improving operational efficiency.
The DeFi regulatory landscape is experiencing a shift, and it seems, no-one is safe. Compliance is becoming ever more challenging.
2016 could be the alternative finance industry's first net negative year according to AltFi; uncertainty in capital investment was a substantial factor for the first time causing a renewed focus on retail investment; CEO turnover has been a significant factor with Renaud Laplanche's resignation a catalyst for decreased investor confidence; regulators have also caused market uncertainty with new regulations potentially adding compliance burdens for alternative finance businesses; macroeconomic factors including Brexit and the US presidential election have also increased pressure on alternative finance; despite hardships, sentiment for 2017 is mostly positive with 2016 seen as only a temporary retrenchment. Source
On the heels of their most recent fundraising digital only bank Revolut has added former Goldman Sachs Executive Michael Sherwood...
The new platform gives startups free access to the suite of security options: what would typically amount to hundreds of thousands of hours of in-house compliance work.
[Editor’s note: This is a guest post from Mark Parsells, the Executive Chairman and CEO of Global Debt Registry – a platform specifically designed...
Fintechs committed to compliance in all forms will be well-positioned for positive future growth and reputation management.
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In this context, founders must decide when and how to invest in risk management infrastructure. Every dollar earmarked for controls comes at the expense of a dollar that could be devoted to what is more commonly thought of as revenue-generating activity.
In an article in Bloomberg Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company;...
Speaking with American Banker the former Comptroller of the Currency, Eugene Ludwig, says that because non-bank lenders are considerably larger...