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The banking and payments landscape is changing at a great pace. Increasing consumer demand for quick and easy access to accounts has led to greater reliance on technology for banks and consequently in...
Our banks run on enormously complex IT systems. This is not new information – much has been said of the challenges facing banks as these archaic systems struggle to answer the pressures of a modern ba...
Banks have long been trusted to care for our money, and for good reason. These highly skilled organisations have centuries of experience in the development and evolution of financial products and cust...
We are now five years on from the Credit Crunch of 2008 and the scars of past bank instability can still be seen. As such it is unsurprising that policymakers are now looking at new solutions for secu...
The benefits of having a simple structure, easily navigable for both processors and humans in a bank’s architecture are a boon not only to each individual bank, but the bodies that oversee them as wel...
Banks are currently spending 45% of their IT budget on updating channels. This is according to a new whitepaper from Sudhir Varadarajan of software service provider, Tech Mahindra. This equates to spe...
Once again the spotlight is on the UK’s banking industry and the need for greater competition. George Osborne used his annual Mansion House speech to renew his commitment to promote more competition i...
Much has been said of the benefits of open standards in banking IT. The introduction of open standards will reduce IT costs and improve banks’ flexibility to develop new and innovative products, which...