1388 articles tagged with this keyword
News/Research/analysis
The European Banking Authority is calling on the EU to look into whether there should be a block-wide regulatory approach to crypto-assets.
10 January 2019
APIs and cloud-based systems and low code developer tools are enabling banks to create a more open service, and this hybrid utilisation of new technology with legacy systems is a way to deliver new services, fast, without undergoing wholesale core transformation.
09 January 2019
A survey has revealed that smartphone apps have surpassed online banking as the channel of choice for UK consumers.
News/payments
Most central banks are exploring central bank digital currencies (CBDCs) but hardly any are at the pilot stage and even fewer see issuance as likely in the short or medium term, according to a Bank for International Settlements (BIS) survey.
Most large banks in Asia Pacific think providing Open Banking services for their commercial clients is a key strategic initiative in their digital transformation programmes, and many expect it to help them achieve double-digit revenue growth, according to research from Accenture.
04 December 2018
News/Sibos
Innovation in financial services and the application of new technologies dominated conversation on day 1 of the Swift Operations Forum Europe (SOFE) 2018.
29 November 2018
News/security
In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.
19 November 2018
Many ATMs from some of the world's biggest manufacturers are vulnerable to a host of attacks and can be hacked in minutes, according to a report from Positive Technologies.
15 November 2018
Banks and corporates could reap huge benefits from real-time liquidity management functionality, but industry-wide collaboration is crucial to make it a reality, according to a new Deutsche Bank white paper.
13 November 2018
UK financial firms, regulators and governments would benefit from increased efficiencies and cost savings if the developed shared digital platforms to more effectively tackle things such as customer background checks, regulatory reporting and fraud prevention, says a new report from Deloitte and TheCityUK.
01 November 2018
As they face up to sharp declines in fixed-income revenue and profitability, banks are looking to technology to bail them out to such an extent that top data management and analytics skills are being demanded from new sales and trading staffers, according to Greenwich Associates.
24 October 2018
If the long-predicted cashless society ever materialises it will be unlikely to cause material system-wide problems, according to a Bank of Canada paper, which nevertheless warns that options such as central bank digital currencies might be needed to tackle operational reliability and contestability issues.
23 October 2018
Nearly two-thirds of banks believe their payments infrastructure will need a significant upgrade in the next three years as an area once confined to the back-office domain becomes a key part of firms' digital strategy, according to a new report from Ovum.
22 October 2018
News/regulation
The potential of open APIs, cloud, blockchain and AI to transform the financial services sector will only be realised if regulators keep up and accept the "new realities" created by emerging technologies, argues a new Deutsche Bank white paper.
19 October 2018
The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.
18 October 2018
The use of distributed ledger technology in the US equity markets could be a viable option, a DTCC benchmark study suggests, with the tech proving that it can process more than 100 million trades a day.
16 October 2018
A federal science agency in Australia has claimed a world first after completing testing on a global blockchain network that is capable of processing 30,000 cross-border transactions per second.
26 September 2018
Criminals stole more than £500 million from UK bank account holders in the first half of 2018, according to industry figures.
25 September 2018
The Irish government has continued its bid to develop the country as a European fintech hub with the launch of a five year, €5m fintech research and development project.
21 September 2018
With barely half of them satisfied with their experience, nearly a third of bank customers around the world say that they might consider jumping ship to big tech providers such as Amazon and Facebook.
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