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Fintech discussions and conversations around the development of fintech.
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David Donovan Executive Vice President at Publicis.Sapient
Seventy percent of all legacy applications in large corporations still leverage COBOL, according to recent study by Information Week. What’s more, many core applications within financial services continue to run on mainframes (e.g., AS/400s). Applications that were “modernized” in the 1990s used proprietary systems like Powerbuilder, where the pr...
06 April 2018 /retail
Retired Member
By Lina Andolf-Orup, Global Product Marketing Manager at Fingerprints As something of a Money 20/20 series veteran, having attended the Europe and Vegas editions several times, it was with great curiosity and even greater expectations that I set off to the first Asian event. Held in Singapore, the event had many of the same faces – the giant Techs,...
27 March 2018 /payments
By Lina Andolf-Orup, Global Product Marketing Manager at Fingerprints Biometric smart cards are emerging as the next innovation in payment cards. According to ABI Research the payment card is here to stay and fingerprint authentication within the card is the next natural evolution to retain convenience while increasing security. So, let’s take a
The annual Innovate Finance Global Summit 2018 kicked off the start of UK Fintech Week in London. Gathering over 300 Fintech companies, 200 speakers, and thousands of innovators, influencers and supporters from the global financial technology industry to explore the ideas and innovations shaping global fintech. There were over 60 sessions held acr...
22 March 2018 /ai
A few days ago, the U.S. Securities Exchange Commission (SEC) updated its guidance to public companies for disclosure of cybersecurity risks and incidents. The SEC’s interpretation essentially creates a new regulatory disclosure category for cyber security incidents. The UK’s Financial Conduct Authority (FCA) also firmly includes cyber security in...
21 March 2018 /security /regulation
The banking and financial sectors are on the brink of a fundamental structural change. Compliance regulations have kept these industries trapped in long-overdue legacy systems. Yet, senior executives understood that they need to make a shift towards integrating more technology into their daily operations. This decision is motivated by costs, effic...
17 March 2018 /ai
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
In March 2018, Citicorp launched a Facebook Messenger chatbot for its consumer banking clients in Singapore. They also plan to launch these chatbot-based services in Hong Kong and Australia later in 2018. Citicorp’s conversation-as-a-service enables customers to access account balances and credit card bill summaries. Citicorp intend to extend this...
16 March 2018 /ai
The Problem Process Modelling is pervasive. At the lowest level process, there is often tasks that require the knowledge worker to access Complex Knowledge in the form of documents covering regulatory, statutory, legal, tax, tariffs, policies or procedural matters. Complex Knowledge contained in documents is no longer fit for purpose for two reaso...
09 March 2018 /ai
Chriss Andrews CEO at KA2 Limited
You may or may not be aware that Microsoft have recently undergone a wholesale business transformation programme. According to statistics Microsoft employs 124,000 people across over 120 countries. For a company of this scale to embark on wholesale change is mind-blowing really, and they didn’t just change one part of the business – they have tran...
07 March 2018
Elina Mattila Executive Director at Mobey Forum
India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online shoppers chose ‘cash on delivery’ as their preferred payment option.[1] Yet, the Indian mobile wallet market is set to grow by 150% over the next five years, with transa...
02 March 2018 /payments
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