1396 Results from 2021
Alistair Catto Managing Director at Beyond
Recent analysis conducted by LexisNexis highlighted that many financial institutions are struggling to complete their implementation plans for the Fifth Anti-Money Laundering Directive (5AMLD). Even more troubling was that many of those surveyed were not even aware of its key purpose. So what activities should banks be focusing on to ensure their ...
11 January 2021 /regulation /crime Banking Regulations
Ruslan Kolodyazhnyi Head of Wirex R&D, CTO at Wirex
The line between fintechs and banks is increasingly blurred for customers of financial services. However, for this particular industry, both players are split by specialization and segments, and despite the polarity, traditional banks have a lot to learn from innovative financial companies. The key difference between banks and fintechs is the spee...
11 January 2021 /retail Banking Strategy, Digital and Transformation
Akhil Rao Director at Nth Exception
A key advantage of correspondent banking as a global payment system is that it can reach almost any account in the world. Customer experience has also improved in recent years, with payments becoming faster and more transparent thanks to SWIFT gpi, and it is set to continue with their new offerings. However, other improvements are required to keep...
11 January 2021 /payments /retail Banking Strategy, Digital and Transformation
Laurent Descout CEO at NEO Capital Markets
Part one: FX and hedging for SMEs – between a rock and a hard place The process of transferring money between international bank accounts has changed immeasurably. Rewind a few decades to when businesses and consumers were forced to endure a costly and painful service with no alternatives to the banks and specialist money transfer companies that ...
11 January 2021 /payments /startups Fintech
Konstantin Rabin Head of Marketing at Kontomatik
s the world is anxiously anticipating the arrival of long-awaited vaccines and people are hoping that the new 2021 will bring things back to normal, we are asking ourselves what the future of the global fintech industry might look like in the next twelve months. When the majority of the world’s population was forced to stay at home and amend the ...
11 January 2021
Retired Member
Electronic payments in Canada has seen an immense growth in the last few years and with the onset of Covid, Canadians are more and more moving towards the digital payments as that provides options for contactless and online/mobile banking. There is a growing trend towards these forms of payment even after post-Covid for the convenience and secure ...
10 January 2021 /payments /inclusion Banking Strategy, Digital and Transformation
Elliott Limb Chief Customer Officer at Mambu
A return to relationship banking The move away from customer-centric banking was so gradual that we barely noticed it. There was a time when having a personal relationship with your local branch manager who you met with regularly, understood your finances and gave you advice was commonplace. Digital technology changed this, focusing on convenienc...
08 January 2021 /cloud /predictions Innovation in Financial Services
Luke Hinchliffe Head of Marketing at Arachnys Information Services
The onboarding process for opening corporate accounts at banks is littered with friction points. But it’s not just the customers who are suffering, it’s also the banks themselves. It is evident just how difficult the onboarding process is for banks: 90-120 days to onboard corporate banking customers (Oliver Wyman) 307 employees to work on KYC adhe...
08 January 2021 /regulation /crime
Electronic payments have made a huge impact on the lives of millions of Indians in the last few years with various options to make and receive payments in a timely manner. With that in mind, RBI has recently regulated for all Payment System providers, that any payments made on Indian entities for domestic payments transactions has to be stored on...
08 January 2021 /payments /regulation Fintech
Pavan Belagatti DevOps Advocate at JFrog
DevOps has come a long way, and there is no doubt it will continue to shine this year. Since many companies are looking for best practices around their digital transformation, it's important to see where leaders think the industry is going. In that sense, the following article is a collection of responses from the DevOps leaders on DevOps trends t...
08 January 2021 /devops /predictions Bigger than Technology
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