1077 Results from 2016
Retired Member
RegTech alone will not save the banking industry. It must embrace digital and work out the supply chain disruption that #FinTech has created. However with profit margins continuing to shrink, regulations continuing to add further complexity on an already muddled landscape. Automation of process using technology, innovative use of technology to red...
30 December 2016 /regulation /wholesale Financial Services Regulation
The view before the year started was that gross lending would increase, more lenders would launch, helping drive up intermediary market share and further regulation was not necessarily a good thing. From my 1,150 tweets to date for 2016, I have selected what I think is an interesting set from each of the twelve months. Do click through and read the...
29 December 2016 Trends in Financial Services
Samee Zafar Director at Edgar Dunn Company
A noted historian once observed that history is nothing but the unfolding of miscalculation. If this is true, then the Indian Prime Minister Narendra Modi made history on November 8th when he ordered two large denomination banknotes to be withdrawn from circulation and replaced. No one doubts that criminals, corrupt officials, dodgy businesses,
28 December 2016 /payments /inclusion
For financial services, 2016 has been a year of continued innovation and disruption as new entrants have sought to challenge and in some cases replace traditional service providers. Fintech firms believe banks are constrained by legacy technology and post-crisis regulations and so don’t have the time or resources to meet client needs through digit...
28 December 2016 /retail
Arnab Sengupta Founder & Chief Technology Officer at Cinnamon Pay (www.cinnamonpay.com)
Where we are today Things have not really caught up since the launch of Apple Pay and the subsequent introduction of Samsung Pay in the market. Is it because of the fact the consumers have gone past the initial “wow” factor of digital payments and returned to their usual behaviour of pulling out their bank credit card? Or is it that that the retai...
27 December 2016 /payments
As we near the end of 2016, Banks continue to form Blockchain consortium groups to develop platforms and test this technology, the most prominent being R3CEV, Hyperledger Project and the like. While we mull over the exits from R3 & from other consortia, there are new ones formed (China, Japan, Russia). And every now and then, we hear that a ne...
26 December 2016 Innovation in Financial Services
Daniel Szmukler Director at EBA
One does not have to be a clairvoyant to see that digitalisation, open banking, PSD2 and instant payments will be high on the industry’s agenda in 2017. Consequently, these topics will feature prominently in the programme of next year’s EBAday and of the Summer and Winter School that the EBA will organise throughout the year to give participants f...
23 December 2016 /payments EBAday
Anthony Hynes Managing Director & CEO at eNett International
Major political and economic events across the world have seen currencies fluctuate dramatically – at times we saw the pound tumble to its lowest level in three decades. This volatility has become the new normal, making it increasingly difficult for travel companies to predict the final cost of a holiday months in advance. They are already operati...
23 December 2016 /payments
Carlo R.W. De Meijer Owner and Economist at MIFSA
In the past three weeks we travelled throughout South Africa. Our main focus was on the country, the people, the safaris, the Big Five. But not on blockchain! Now being back home I am curious what happened in between in the blockchain area. So let's have a look. A number of interesting reports were launched, amongst others by Euroclear and Deloitt...
22 December 2016
Charles Platt President, EMEA at SAP Fioneer
Choppy regulatory waters and unprecedented political volatility will result in a more pragmatic approach from capital markets firms in 2017, even as they innovate into robo capabilities, automation and blockchain. Here are my predictions for capital markets in 2017: Embrace Volatility With elections in France, Germany and the Netherlands, Europe wi...
22 December 2016 /retail
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