Going Beyond Open Banking

The financial services sector has witnessed immense change over the last several years, caused by a combination of new regulation, increased competition from new market entrants and the consumer’s cha...

Open Banking

Strength in Numbers

The famous basketball player, Michael Jordan once said: "Talent wins games, but teamwork and intelligence win championships." In team sports, collaboration and teamwork play a deciding role ...

Banking Architecture

BIAN launches inaugural North American Chapter meeting

The Banking Industry Architecture Network (BIAN) prides itself on being a global organisation – with members spanning every continent. Particularly, in recent years we have seen a noticeable uptake in...

Making sense of the government’s banking API initiative

In the last few years the financial landscape has been drastically changing shape, with new technology entrants coming onto the market and offering innovative solutions to financial services. The FinT...

As FinTech gains pace, how can banks stay on top in 2015?

2014 has been a real rollercoaster ride for the financial sector. Looking back on a year complete with changes in regulation, disruptive IT outages and innovative competitors stepping on traditional b...

Demystifying the foggy impression of cloud technology

The desire of being able to access content quickly, simply and on multiple devices has fuelled the use of the cloud for consumers, with Gartner estimating that by 2016, consumers will store over a thi...

Changing payments landscape

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...

Inefficiencies and inadequacies - the tricky, techy truth

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 and start-ups: collaboration is the name of the game

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...

Who's afraid of the big, bad bank?

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 importance of an industry model for central banks

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...

Challenging the Channel

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...