“The complexity of CESOP is being underestimated”
In the spring of this year, DPS partner Carsten Lange appealed to the financial industry in a blog post to deal with prevailing regulatory challenges against the backdrop of the Central Electronic System of Payment Information (CESOP). We caught up with project manager, Tobias Münsterberg, to talk about the potential pitfalls of CESOP in practice, and the new CESOP Compliance Service from DPS.
Shortcut Learning – The coming disaster for AI?
Recently, scientific analyses have increasingly shown a wide-ranging problem associated with deep learning, in which different phenomena – summarised under the term ‘shortcut learning’ – can reduce the problem-solving capabilities of machine learning techniques.
Regulatory burden as a result of CESOP: Smaller banks and specialised institutions facing particular pressure
With the “Central Electronic System of Payment Information” at its core, the EU has implemented an instrument to fight VAT fraud in e-commerce, the implementation of which poses some key challenges to financial institutions.
The 7th amendment to the MaRisk – Challenges and opportunities for the business and financial sector
The seventh amendment to the MaRisk adds an all new risk dimension with the topic of ESG, defining a framework of requirements for handling sustainability risks in the financial industry.
Internet of Things – Risks and Regulation
The Internet of Things – what is it and what numbers are we talking about? The Internet of Things (IoT) is a network of physical objects and appliances that use various technologies (sensors, software etc.) to connect with each other over the internet
Ripple’s involvement in ISO 20022: A step towards wider acceptance in the banking industry?
In May 2020 Ripple announced that it has become part of the ISO 20022 Standards Body – a multi-part International Standard, set to replace SWIFTs current MT messages and aimed at a single standardised approach to be used by all financial standards initiatives.
DPS launches corporate blog
Herzlich willkommen auf unserem neuen Blog! Künftig wollen wir Sie hier mit umfangreichen, inhaltlich hochwertigen Hintergrundinformationen rund um unser Unternehmen versorgen, die den Umfang der herkömmlichen News und Social-Media-Posts sprengen würden.