1376 Results from 2022
Retired Member
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law to comply with AML and KYC. When such firms authenticate their consumers, APIs may provide a faster, simpler, and less expensive way to comply while ...
13 December 2022 /identity /crime Biometrics
Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, especially for youngsters. According to an SHRM article: 69% of employees stay longer with good onboarding A structured onboarding program will make 5...
13 December 2022 /security Biometrics
Information is one of the most important weapons in the armoury of any bank. This is well understood by most institutions, as evidenced by the huge investment they have made in trying to leverage the oceans of data they have at their disposal for commercial benefit. In this endeavour they have not always achieved the success they hoped for. Where ...
12 December 2022 /devops Big Data
It’s no secret that banks generate a lot of data. While still a sensitive topic from a compliance perspective, today, real-time intelligence is the source of most opportunities for both banks and their clients. In the corporate space, where banking clients have been progressing their own digital journeys, the demand for actionable insights is hi...
12 December 2022 /payments /cloud Transaction Banking
Li Yong Head of Marketing APAC at Nuvei
We saw the gaming landscape shift considerably in APAC in the past few years. Exposure to digital gaming (and, in some cases, increased disposable income) during COVID-19 fuelled additional demand, as did the greater promotion of esports as a legitimate alternative to traditional sports for recreation. This has sparked the growth of digital gaming...
12 December 2022 /payments Payments strategies 2015-2020-2030
In the wake of the COVID-19 pandemic, consumer expectations have risen across verticals, and financial services is no exception. Customers now expect their sensitive financial information to be instantly available from any device. Plus, traditional financial services companies are facing steep competition as disruption from fintech and Big Tech pr...
09 December 2022 /people /predictions Financial Transformation
Steve Bradford Senior Vice President EMEA at SailPoint
As an industry, financial services are significantly vulnerable to cyber-attacks. The Bank of England recently surveyed executives in the UK financial sector, finding that a staggering three-quarters (74%) deemed a cyber-attack to be the highest risk to the financial sector in both the short and long term, followed closely by inflation or a geo-po...
09 December 2022 /identity Banking Strategy, Digital and Transformation
In November, digital transformation companies, fund operators and other key stakeholders convened at the annual Fund Operator Summit to consider the major challenges facing the financial services sector in the coming years. One of the key themes of the discussions that took place emphasised how climate reporting is now more critical than ever. I...
09 December 2022 /regulation /wealth Financial Services Regulation
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
You must hear this often if you manage any kind of risk – risk and value go together. And that’s true, of course for data! Both data and its infrastructure must be managed for their benefits and risks. In sectors like Banking, regulations drive enterprises to assess data related risks. Prioritizing and managing data associated with financial or op...
09 December 2022 /regulation Data Management and Governance
The UK’s Financial Conduct Authority (FCA) recently made headlines for cracking down on communication over private messaging apps and SMS. The UK’s watchdog questioned top banks over the use of personal communications tools by staff after 16 banks – including Barclays, Citigroup, Goldman Sachs and Morgan Stanley – were fined $1.8bn in the US afte...
08 December 2022
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