Open Banking

The Limits of API Aggregation, how interoperability can solve the fragmentation challenge

26 Mar 2019

Open Banking is a powerful opportunity for both established banks and new fintech market entrants to develop and deliver impactful and empowering payments and financial services to consumers and businesses alike. It has been estimated that PSD2 has the potential to create a revenue opportunity of at least £7.2bn by 2022 across retail and small-bus...

Payments strategies 2015-2020-2030

Payments fraud - is the arms race against the criminals winnable?

01 Mar 2017

The almost unceasing reports of major cyber hacks should be incentive enough to ensure that financial institutions reassess existing fraud protection for their payments systems. Recent official warnings could scarcely be starker, with Prof Richard Benham, chairman of the National Cyber Management Centre, predicting that “a major bank will fail as ...

Edging ever closer to the abyss: why AI will reverse this trend

24 Oct 2016

Parth Desai, CEO and Founder of Pelican, discusses why AI is already a fact and not fantasy. He highlights why financial institutions and corporates need to get on board now – or risk getting left behind. A great many businesses have been hesitant in exploring artificial intelligence (AI) in their operations, believing it to be still in its infancy...

Building Intelligence: Part Three

06 Oct 2016

What is the likelihood of AI based solutions becoming an imperative in financial services and not just a ‘nice to have’? In my earlier blogs I explored the basics of AI and how to implement the technology, now let’s consider the appetite among firms to adopt AI solutions. We recently completed a survey with Finextra, exploring attitudes towards AI...