1026 Results from 2017
Paul Miserez Standards Department at SWIFT
At the occasion of the 2017 Standards Forum to be held at Sibos in Toronto, Canada from 16 to 19 October, I interviewed a number of SWIFT standards experts about the content of this year's programme. During the coming weeks, my posts will offer readers a sneak-preview of what people can expect to hear about in Toronto. In this post, I interviewed...
22 August 2017 /sibos Standards Forum
Retired Member
Of all industries banking has been amongst the slowest to migrate core processing to the cloud. There is no doubt that the few cloud providers that started their businesses purely designed for the cloud have sophisticated, complete and secure offerings so what are some of the reasons for banks to consider using public cloud services? Reduce costs ...
22 August 2017 /ai
Volcker Rule is a federal regulation that restricts banks from making speculative investments with their own customers’ accounts. The rule was proposed by former US Federal Reserve Chairman Paul Volcker as part of section 619 of Dodd-Frank Wall Street Reform and Consumer Protection Act to avoid financial stability similar. The decision for taken t...
22 August 2017 /regulation /inclusion
In April of 2018 European investment firms will be required to publish their first ever disclosures about quality of trade execution, under the guidance of MiFID II's RTS 28. At first glance, one might conclude that ESMA has attempted to make the task achievable by limiting the scope of the disclosure to documenting the top five trading venues use...
21 August 2017 /regulation MiFID
The demands of today’s shopper can make a retailer’s head spin. They love shopping online, but are more likely to buy in-store, they hate queuing but won’t do anything about it. They see shopping as a social day out with friends, but they don’t want to chit-chat with sales associates. This is what we learned when we surveyed 2000 UK shoppers. ...
21 August 2017 /payments Payments strategies 2015-2020-2030
Howard Berg Senior V President,North and Central Europe, BPS at Gemalto DIS
When innovations start to create real value, the authorities start to regulate. So if you want to see where value is being created, have a look at where new regulations are coming into force. The digital revolution is one example. It is changing nearly all business sectors, and financial services is no exception. In fact, things have changed so m...
21 August 2017 /regulation
It is no secret that the PSD2 regulation will open up the playing field to Fintechs and to the creation of AISP’s (Account Information Service Providers) and PISP’s (Payment Information Service Providers). Banks will have to share account information from their clients while PISPs will be able to generate payments on behalf of an end user. While ...
21 August 2017 /payments SEPA and European Payments
Earlier this year my bike was stolen from my apartment block in London. Sadly I was not the only victim as a number of my neighbours also had their bikes stolen from the bike rack inside the gated basement of the building. You can imagine our anger and distress that such a crime had been committed, especially when we assumed that the security meas...
It is staggering to write this down, but contactless in the UK is nearly ten! And it’s exciting that ‘tap and go’ payments are going from strength to strength. Since the introduction of contactless cards in September 2007, it has gradually become the payment method of choice for many, as society gradually moves away from cash. More than half of a...
21 August 2017 /payments Fintech
Stacey Small Business Development at The Glue
2018 is set to be a very interesting year - particularly if your role has anything to do with payments or data. The go live date for PSD2 is Saturday 13th January and GDPR a short five months later, on Friday 25th May. Both these high profile initiatives are being driven by the European Commission and the combined implications in terms of what nee...
20 August 2017 /payments Innovation in Financial Services
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