Join the Community

23,428
Expert opinions
40,996
Total members
319
New members (last 30 days)
181
New opinions (last 30 days)
29,119
Total comments

Latest expert opinions

clear
clear

1270 Results from 2013

Retired Member

Retired Member 

Mobile payments: The next great debate

I find myself at the forefront of many debates these days. And I’m not talking about politics, but rather how we will pay for products or services in the future. A year ago, the topic of mobile payments circulated as mild Internet banter in terms of how money is exchanged across sources, rails and platforms. Today, this complex subject makes its wa...

/payments

Retired Member

Retired Member 

Ka-ching: push vs pull

Can a solution based on Faster Payments become a viable alternative to the card schemes in the UK?.. I (very much) think so. Faster Payments service is based on the "account to account" system, i.e. it runs on inter-bank rails bypassing the card networks. Hence, it's (almost) cost-free, from the payment perspective. Retail payments - as w...

/payments Innovation in Financial Services

Michael Galvin

Michael Galvin Product Manager at Linedata

Survival of the fittest

Every market change provides opportunities for those willing to adapt. Darwinian as that is, it’s often the case that the largest are most reluctant or slowest to adapt. With investors pushing for a higher level of transparency, even the fittest fund managers must change their approach. New fiduciary requirements and the need to immediately acc...

/regulation

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

Can voice biometrics help banks restore consumer faith?

This survey from Avaya and Sabio caught my eye recently as it shows how concerned consumers are about data privacy and security. And it is an unfortunate fact that financial institutions are the ones that consumers trust less with their personal information. Essentially, the survey shows that (1) customers feel that giving a call centre operator ...

/security Disruption in Retail Banking

Retired Member

Retired Member 

Testing Times

Coming out of the financial crisis the banking industry has found itself under scrutiny with regards to its resilience and questions have been raised about financial institutions’ abilities to weather another storm. How good are your preparations in reality? If you want to know what shape your crisis readiness is really in, you need to start by re-...

/regulation

Retired Member

Retired Member 

ECON coherence of EU financial services regulation

As part of the transition to the single financial services rulebook, the Economic and Monetary Affairs Committee (ECON) of the European Parliament has published a public consultation asking: whether there are areas of EU financial services legislation (whether in force or proposed) which contain overlapping requirements, any incoherence in transpo...

Financial Services Regulation

Retired Member

Retired Member 

Bank branches - going, going, gone

In 1995 the average UK customer of HSBC visited the branch just over twice a month; in 2012 they only popped in just over three times a year. This illuminating statistic came from Brett King in an entertaining presentation today, where he drew parallels with the destruction of high-street book shops, HMV, Blockbuster and the like. In traditional ...

/payments Innovation in Financial Services

Retired Member

Retired Member 

Cyprus, Bitcoin and bank deposits..

The stories we hear on the recent freeze and confiscation of funds held in bank accounts in Cyprus seems to be more focused on individuals. In the UK we have heard many stories of retirees who had the bulk of their savings in a Cypriot bank, with one poor couple having just sold their property in Cyprus, with the funds sitting in a Cypriot bank pr...

/payments

Retired Member

Retired Member 

Tradition is not enough for new product control challenges

As regulatory reforms accelerate from concepts to a tangible reality, the financial sector is now recognising product control as playing a central role in the end-to-end trading process. The lessons from the past are clear. When Lehman Brothers fell in 2008, poor product control was cited as a major factor, so it’s inevitable that this element of ...

/regulation

Retired Member

Retired Member 

FSA consults on power to publish warning notice information

The FSA has published this consultation which will allow it to publish information about the subject matter of a warning notice if it considers appropriate. This is considered “a real departure from the previous regulatory regime and a bold move towards more transparent and open regulation”. The power to publish a warning notice is restricted to...

Financial Services Regulation

Now Hiring