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Regulatory Challenges for Financial Institutions Banks are facing an increasing amount of regulatory challenges. Rules around know your customer (KYC) are particularly receiving increased attention,...
The cash register of the future, and that future is now, is designed to be both fixed and mobile at the same time — and that is a part of the evolution of POS into #NextGenPOS. Traditional cash regist...
FinTech has been lauded as a game-changer in nearly every sense of the word, but can it also revolutionize the way banks serve women? Right now, women clients are finding that FIs simply aren't meet...
The financial sector has changed more in the past two decades than at any point previously in history. Technology is the primary reason for this – banks have spent the last twenty years pouring money ...
Increasing globalization has significantly changed the corporate tax function, with constantly shifting regulations and stakeholder demands. In a recent report, “Reshaping the Tax Function of the Fut...
Barclays recently launched a trio of new wearable contactless payment devices, branded Bpay collectively. Bpay consists of three ‘wearable’ options; a wrist band, a key fob and not so wearable phon
Official statistics released by the BBA in June reveal that demand for personal loans has increased over the last two consecutive years.[1] On the surface, the news that UK consumers are borrowing su...
Retail banks are under fire from two sides – from regulation on one flank, and from competitive pressures on the other. It’s been estimated that Basel III’s requirements will reduce banking industry p...
Digitalisation is it an opportunity or threat for mortgage lenders ? Well I believe digitalisation is an opportunity, but for many lenders it could turn out to be a threat if they do not respond to th...
Spent a great few days in Madrid last week at the International Trader Forum. The event brings together key figures from the buy and sell-side to debate the current and future likely shape of the ind...
It’s time to put the consumer at the heart of ‘consumer banking’. For banks, that could be a cue to go shopping or take a holiday… In this second blog in our series (read Part I) on putting the cons...
KYC processes aren’t a competitive differentiator but they are critical processes. However firms are rapidly coming to the conclusion that KYC processes aren’t best done bilaterally. This shift is lib...