BBVA’s Head of Digital Regulation and Trends (and former IIF secondee) Pablo Urbiola returns to FRT, discussing how the competitive landscape in financial services has evolved with digitalization, and where policymakers need to keep pace with ongoing developments.
With COVID-19 ushering the increased digitalization of the economy and placing an increased emphasis on Digital Identity, Rod Boothby (Global Head of Identity at Santander) and Don Thibeau (Executive Director of the OpenID Foundation) visit FRT to discuss an important initiative for enabling online trust.
This IIF Staff Paper examines what the European Council will prioritize in the second half of this year. Although Berlin had drafted an ambitious program – transitioning to a greener economy, boosting digitalization, reforming migration policy and redefining the bloc’s relationship with the UK as well as China – the German Presidency will now instead prioritize tackling the challenges of the COVID-19 pandemic.
Peter Deans outlines the ’52 Risks’ framework that he has developed from his extensive career as a Chief Risk Officer, and relates this to the scenarios of a pandemic and digital transformation. He emphasizes the importance of avoiding quantification biases, and ensuring operations are versatile.
David Hardoon describes the key emerging issues in data policy that have been highlighted by the COVID-19 experience, including the value assigned to privacy, connectivity across borders, and the unintended consequences of some previous policy settings.
Rob Morgan visits FRT to share how the American Bankers Association (ABA) initiatives are helping smaller US banks access business innovations.
Acclaimed author Chris Skinner joins FRT to discuss his latest book, Doing Digital, profiling the digitalization efforts, challenges and success stories of JP Morgan, BBVA, ING, DBS & China Merchants Bank.
The G20 put payments, regtech, and bigtech in finance on the spring action plan for the FSB with data policy and the future of money forming the context. Meanwhile, impacts of the new corona virus seized attention as the official sector readied response plans.
The first report in our new IIF-Deloitte series Realizing the Digital Promise explores the key internal and external challenges financial institutions face in their digital transformation journeys.
The February U.S. Regulatory Update covers the Federal Reserve’s new proposed supervisory approach, the revised Volcker Rule covered funds proposal, the 2019 Financial Stability Oversight Council report, and more, along with Congressional updates and hearings summaries.