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McKinsey has produced a paper about the next generation of banking in the United States, describing the challenges faced in customer service, innovation, and maintaining profitability in a changing wo...
The World Economic Forum has just completed one of the most thoroughgoing studies into the effect of fintech on the financial services industry. Although ‘Beyond Fintech: A Pragmatic Assessment of Dis...
But can they successfully innovate? According to a recent news article on Finextra, 62% of European financial institutions expect to increase spending on payments technology throughout 2017. This maj...
That the payments industry is being reshaped by unprecedented waves of change is not news. A constantly evolving regulatory landscape, fast-developing technology, an influx of innovative new entrants ...
I read a couple of articles this week which reinforced my belief that the biggest threat to most payments businesses is their inability to adapt quickly enough to the changing landscape. The first one...
If you knew that you were wasting 15% of your IT development budget, how much effort would you put into solving the problem? I’m guessing you’d move mountains to eradicate that level of waste in your ...
APIs are one of the most talked about topics in the industry. They present a new way of working which can speed up development and increase the amount of features and applications available to new pro...
I wonder how many people would agree with the statement that ‘testing is more important than it used to be.’ There are very few people in the payments industry who would argue against the value of tes...
A combination of ‘big data analytics’ and ‘distributed ledger technology’ could help financial institutions combat escalating levels of financial crime. This is the view of the FCA, the UK’s financial...
Each year starts with a reflection on the past and predictions for the future. In industry and politics, these thoughts are often accompanied by the idea that the coming year will be one of transforma...