4-part series on Digital Identity. Part 1 = regulators say “stop those bad guys”

Are you really sure I am not a dog? Maybe I am a really smart dog with an AI implant pretending to be a human. Disclosure, Daily Fintech is written by a stealth mode AI venture as a proof of concept. Seriously folks, you cannot know my Identity. To read this post you don’t care. […]

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XBRL News about taxonomy updates and derivatives

Here is our pick of the 3 most important XBRL news stories from the last week.  1 2021 IFRS XBRL taxonomy issued The IFRS Foundation has issued its 2021 IFRS Taxonomy. The IFRS Taxonomy is a translation of IFRS Standards into XBRL (eXtensible Business Reporting Language). The IFRS Taxonomy 2021 is consistent with IFRSs as […]

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XBRL News from the ‘hood and by the book, with tipping points

Here is our pick of the 3 most important XBRL news stories from the last week.  1 Liechtenstein adopts XBRL reporting with new taxonomy News from Liechtenstein. (Not something we see every day!) Its Financial Market Authority (FMA) has developed its own national XBRL taxonomy, including a DPM-based Table and Formula Linkbase. This will primarily […]

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XBRL News about ESEF and regtech / suptech

Here is our pick of the 3 most important XBRL news stories this week.  1 EU allows member states to delay introduction of ESEF by one year The European Parliament and the Council also agreed today to an amendment of the Transparency Directive allowing Member States to delay by one year the application of the […]

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XBRL News about regtech, mostly (ESEF, UK, HK)

Here is our pick of the 3 most important XBRL news stories this week.  1 Global regulatory community lines up behind behind digital reporting The global regulatory community has put its support behind digital regulatory reporting (DRR) initiatives acknowledging supervisors require the ability to collect better quality data more efficiently. The Bank of International Settlements (BIS), […]

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XBRL News: BIS on regtech, 2021 SEC taxonomies and big data for credit

Here is our pick of the 3 most important XBRL news stories this week. 1 Leveraging technology to support supervision: challenges and collaborative solutions Speech by Benoît Cœuré, Head of the Bank for International Settlements Innovation Hub, at the Peterson Institute for International Finance, Financial Statement event series, 19 August 2020. The head of the […]

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XBRL News: risk disclosures, RegTech and analysis software certification

Here is our pick of the 3 most important XBRL news stories this week. 1 Comparing changes in risk disclosures  Not long ago the Securities and Exchange Commission adopted new rules to reduce the amount of disclosure that firms need to make about business risks, legal proceedings, climate change, and other issues. Those changes go into […]

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A bankers guide to AI Part 5. What are the third-party dependencies? How will this technology affect my operational resiliency?

This is the final in a 5 part series (published weekly) written by guest author Amber Sutherland a banker who understands technology who currently works for Silent Eight an AI-based name, entity and transaction adjudication solution provider to financial institutions.  Click here for Index and Part 1. Operational resiliency and third party due diligence have […]

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A bankers guide to AI Part 4. Is it better than what you have now? 

This is the 4th in a 5 part series (published weekly) written by guest author Amber Sutherland a banker who understands technology who currently works for Silent Eight an AI-based name, entity and transaction adjudication solution provider to financial institutions.  Click here for Index and Part 1. Better can mean different things to different organizations […]

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A bankers guide to AI Part 3. Does the AI have more than one purpose? What is the roadmap?

This is the third in a 5 part series (published weekly) written by guest author Amber Sutherland a banker who understands technology who currently works for Silent Eight an AI-based name, entity and transaction adjudication solution provider to financial institutions.  Click here for Index and Part 1. Many financial institutions have the dueling mandates to […]

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