The Twitterview's back! IBM chats about customer-centricity

Back by popular demand, get ready for the return of the Finextra Twitterview. This time we are speaking to IBM's Mike Hobday who will be chatting with the Twitterarti about banks, customers, innovatio...

Disruption in Retail Banking

Amended Dodd Frank Section 1073 effective October 2013

Following industry consultation, the US CFPB (Consumer Financial Protection Bureau) has issued the awaited amendments to Dodd Frank Section 1073. The new 2013 Final Rule is effective from October 28...

Payments strategies 2015-2020-2030

NATAS 2013 Re-use Re-Use and More Re-Use

I was in New York last week, on a perfect spring day, for the Waters North America Trading Architecture Summit. Unfortunately, I was locked in a cavernous hotel for the entire time but Waters did put...

Insurance Self-Assessment and Peer Review initiative launch

The International Association of Insurance Supervisors (IAIS) announced the launch of this initiative which aims to assess the supportiveness of supervisors to enhancing inclusive insurance markets. ...

Financial Services Regulation

Innovation goes East: dawn of the Technology Spring

I’m writing this from Singapore, identified last year by Insead as the 3rd most innovative country in the world and in March 2013 named “Top Innovation City” in a Wall Street journal report. Financial...

Financial regulation changes are a mine field for documents

So it’s been nearly a month since UK financial services regulation was shaken up. The biggest of the changes was how the regulatory powers of the now defunct Financial Services Authority (FSA) are no...

Get ready for the banking mobility revolution

With toddlers becoming so addicted to iPads that they need therapy and remote workers now carrying an average of 3.5 mobile devices per person, it is not surprising that IT giant, Cisco, recently fo...

Corporate Payments: The Last Ten Years

Probably the most significant step forward was the opening up of the SWIFT network to corporates – in 2006 SWIFT finally opened its doors properly and gave corporates the ability to connect to all of ...

Brazil - Accounts Payable eInvoicing Mandates in 2013

There have been a number of requests coming in to cover the basics for Brazil Nota Fiscal Inbound. Remember, that the validation of all inbound supplier Nota Fiscals is mandatory. Many companies are ...

Electronic invoicing

EU and US agree project plan on insurance dialogue

The European Insurance and Occupational Pensions Authority (EIOPA) announced that a high level work plan had been agreed for 2013 – 2017 on joint EU and US insurance initiatives with a focus on profes...

Financial Services Regulation

Something New Happening in Transaction Banking?

I am happy to share the initial findings of my research on how transaction banking is transforming. I will post additional information as my research develops and new fact-based findings emerge. Tra...

Transaction Banking

On PINs and Passwords

If modern gadgets have simplified the physical chores, computing technologies have made financial transactions like money transfer, bill payments, etc. a breeze. Credit and debit cards, phone banking,...