Welcome to this edition of the Newsletter of the Institute of Operational Risk. This publication is designed to help keep members and non-members informed of developments within the industry and also within the IOR itself. If you would like further information about any of the issues raised in this newsletter, or have any suggestions about how we can improve the content or design, please do not hesitate to contact the Editorial team at the following address: info@ior-institute.co.uk.
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- QR code payments firm Matera makes US move December 9, 2022Matera, maker of world-class instant payment and QR code technology for financial institutions, today announced its move into the U.S. with new headquarters in San Francisco.
- ESW and Computop extend partnership to new markets December 9, 2022Computop, a leading global payment service provider, and ESW, the world’s leading direct-to-consumer (DTC) ecommerce company, announced today that the companies have extended their strategic partnership in several key global markets.
- CZ v SBF: crypto titans in Twitter spat December 9, 2022Changpeng Zhao and Sam Bankman-Fried are squabbling on Twitter, with the Binance boss calling the former FTX chief a "fraudster" and "unhinged".
- Edinburgh Reforms: UK government announces widespread transformation for financial sector December 9, 2022The Chancellor of Exchequer Jeremy Hunt has announced The Edinburgh Reforms, a set of developments to catalyse competition and growth in the UK FS sector, that includes moves on a CBDC and the move to Net Zero.
- 2023 predictions: Citi forecasts weakest annual global economic growth in 40 years December 9, 2022A recent Citi Global Wealth Investments (CGWI) report has predicted the weakest annual global economic growth in forty years, outside of the global financial crisis and pandemic shutdowns.