Boston Consulting Group

Regulator’s review of over 30 Swiss banks finds shortcomings in money-laundering controls

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Regulator’s review of over 30 Swiss banks finds shortcomings in money-laundering controls

Switzerland’s financial markets authority said Thursday that an in-depth review of more than 30 banks conducted this spring found that “a large number” failed to meet basic requirements for analysing the risk of money laundering. The authority, known as FINMA, said the review was prompted by repeated signs of shortcomings in money-laundering risk analysis during … Read more

Brands see the big picture in augmented reality-filter craze

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Brands see the big picture in augmented reality-filter craze

MUMBAI: Wear animated glasses, open your mouth and shoot out sparkles, teleport to the Notre-Dame Cathedral in Paris – all while sitting in front of a mobile screen.Augmented reality (AR) filters available across social media apps like Facebook, Instagram and Snapchat allow users to play with such computer-generated effects that they can superimpose on their … Read more