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The cashless revolution is here, and it’s happening all over the globe: from Malaysian village market stalls to the London high street. There can be no revolution without controversy, of course. Domin...
Powered by ubiquitous online accessibility and technological improvements, the banking industry is experiencing a massive transformation. Traditional financial institutions are falling from grace as i...
Cryptocurrency and blockchain came to the forefront of our imaginations as a technological marriage, seen as a revolution, for digital transactions. So vivid was the future for this pairing, at the ou...
Cryptocurrency has completely changed the way people approach currency trading and market regulations in general. While the concept is still relatively new to some people it has become one of the most...
Historically banks have been hesitant to adopt open source software (i.e. software where source code is shared and made freely available). With traditional vendors like IBM, TIBCO, Oracle… strongly p...
The future of finance is open. But not because of Open Banking legislation, but because the internet has unshackled information flows. In the future, financial information will flow horizontally acros...
As we enter the next decade it is useful to reflect on what the emerging trends in financial technology will be for 2020, enabling banks and financial institutions to prepare for the opportunities and...
What does the future holds for Claims Management Companies? The PPI mis-selling scandal saw the emergence of a new industry with the birth of Claims Management Companies (CMCs). Producing riches for C...
2019 closed on a somber note, with banks' growth slowing down across most markets, even going below the GDP growth rate in some countries. Margins are also under pressure; one research estimates that ...
Prior to 2018, regulators resisted recommending the use of Machine Learning (ML) based Artificial Intelligence (AI) for AML compliance. There was a mindset shift in mid 2018 indicating that proceeding...
First of all I want to thank everyone who connected with me over the new year and asked questions on my previous blog post “2020 predictions”. The blog stirred up hundreds of messages, insightful disc...
Last week, the CMA released a report on the status of open banking after 2 years in place in the UK. This blog will reflect and challenge the comments from the blog “Open Banking year two: Insights fr...