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The open banking framework was published a couple of weeks ago by the open banking working group. Here I share my 10 most salient take outs in 10 headings. If you want to know what the 148 pages of th...
Who would want to be the CEO of a major UK bank? Listening to Ross McEwan of RBS speak at a recent dinner, you could only imagine that he is looking forward to handing over the reins to the next maso...
In 2014 the Internet of Things (IoT) landed at the top of Gartner’s Hype Cycle for Emerging Technologies replacing big data on the throne. Today, we are witnessing a revolution where wearables, conne...
The mother of all European Union banking regulations, Payment Services Directive (PSD), was adopted in its revised version – the so-called PSD2 – by the European Parliament last October. This updated ...
In his blog post titled The Power of Location-Based Offers in Financial Services, Jim Marous, Co-Publisher of The Financial Brand, highlights how banks can leverage the proliferation of smartphones t...
Composable Banking Platform through Open Bank APIs 1 Introduction Someone wrote that the next couple of decades will see as much innovation as in the last 500 years. The technological accompl...
Companies that view default management as merely a cost of doing business are missing significant upside opportunities to become more customer-centric and competitive. A recent assessment of a major b...
When the banking system – and payments infrastructure in particular – was created, there was no consideration that anyone other than the banks would require access to it. How times have changed. With ...
On my smartphone, I have access to the entire knowledge of the world – or at least the parts that have been digitised. The question is can your cobbled-together, patched up legacy systems meet the de...
We recently took part in a Financial Services event in London attended by the High Street banks we all know and some newer names to banking, notably Atom and Tandem. The presentations pointed out both...
Bancassurance is one of the most profitable partnerships banks have, as the name implies, with insurance companies. This means insurance companies sell their products via bank’s online and offline cha...
Who could have predicted that in 2016, following the disasters of 2007-9 that the main banks in the UK would be planning for negative interest charges against their business customers. Never, absurd, ...