KPMG

74 results about this entity

Period: 10 Apr 2006 - 15 Apr 2024

VC funding slowed drastically in Q4

After a remarkable three calendar quarters of Unicorns, mega-rounds, and tech bubble chatter in 2015, overall market concerns around valuations, burn rates, and over-funding put the brakes on investment in venture capital (VC)-backed companies in Q4'15, according to Venture Pulse, the quarterly global report on VC trends published jointly by KPMG International and CB Insights.

Global fintech investment booms as banks jump in

Investment in fintech firms is expected to jump 66% to over US$20bn in 2015, with a fresh batch of Chinese firms sharing the rewards, according to a new report released by KPMG and Australia's H2 Ventures.

It is impossible to prevent all cyber threats

George Quigley, Partner, KPMG, speaks about if financial institutions can possibly prevent cyber-attacks, and explains what the four a’s are – availability, access, accuracy, and agility – and why they are so important.

Not just real-time payments, real-time e-commerce

Kevin Brown, Senior Advisor, Global Payments, KPMG, outlines the hot topics of Sibos 2015 in Singapore – real-time payments, KYC, and digital identity – and analyses real-time’s role in the future based on the discussions at this year’s Sibos.

Financial institutions believe common reporting standard will be more taxing than FATCA - KPMG

With a Jan. 1, 2016 effective date looming for 50 "early adopter" jurisdictions set to enact a new international Common Reporting Standard (CRS) for reporting financial account information, 61 percent of respondents to a KPMG survey of executives at financial institutions worldwide say that the CRS will impact more of their accounts than the U.S. provisions commonly known as the Foreign Account Tax Compliance Act (FATCA).

UK and Australia could lead global fintech push

Georgia King-Siem, Senior Manager, Tax and Financial Services, KPMG, describes how London is a gateway into the northern hemisphere for Australian start-ups and what Australia can offer to the UK in creating a bridge between the two countries.

Money laundering shooting up agenda but banks raise concerns over systems

Bank boardroom focus on money laundering is at an all-time high, yet a third of executives think that their transaction monitoring systems are neither efficient nor effective, according to a survey from KPMG.

Oz banks gear up for real-time payments system

Australia's banks have brought in KPMG to manage a programme to build an industry-wide real-time payments platform by 2016.

US banks consider IT top spending priority; shift from branch to mobile evident

American banks consider technology investment a top spending priority for the year ahead, with platform simplification the most important IT-related project, according to a KPMG survey.

US m-banking take-up hindered by security and cost concerns - survey

Just nine per cent of Americans have used their mobile phones for banking with cost and security concerns presenting major obstacles to adoption, according to a survey from KPMG.

E-Gold brings in KPMG to beef up AML programme

Digital cash transfer outfit E-Gold has retained KPMG to help improve its anti-money laundering (AML) programme following a criminal case that saw directors plead guilty to charges relating to money laundering and the operation of an illegal funds transfer business.

UK banks hit by record fraud levels

UK banks have been hit by record levels of fraud over the last six months and the situation is likely to get worse as the full impact of the credit crunch unfolds, according to accountancy firm KPMG.

Banks' AML compliance costs soar

Bank spending on anti-money laundering (AML) systems and processes has risen by an average of 58% over the last three years, according to a global survey by KPMG.

Financial firms unprepared for MiFID - study

Senior managers at financial services firms are seriously underestimating the impact of the European Union's Markets in Financial Instruments Directive (MiFID) on their organisations, according to an EU-wide survey of bank executives conducted by KPMG and the Economist Intelligence Unit.