1026 Results from 2017
Retired Member
Like you (no doubt), I’ve read countless articles discussing the business case and challenges associated with delivering real time payments. There’s a lot of focus on what new innovative products can be developed, whether they’ll deliver a profit, and the types of services consumers really want. While this debate goes on, it’s interesting to see o...
01 August 2017 /payments
In recent years, there have been numerous headlines hailing the rise of a new breed of financial technology players and the downfall of incumbent banks. However, to what extent has this been the case and how valid is it? There was plenty of debate at the recent EBADay in Dublin focussing on PSD2 and Open Banking, both in lively panel sessions and o...
01 August 2017 Fintech
James Smith MD at Dsruptiv Ltd
It has now been 500 days since the consultation period closed on 18 March 2016 for FCA Discussion Paper DP15/7 "Our approach to SMEs as users of financial services." At present, the provision of financial services to small businesses in the UK is largely unregulated. In many cases, firms can't even appeal to an ombudsman if they have been...
31 July 2017 /regulation /retail Financial Services Regulation
In Part One I wrote about the problem with the UK banking model and why it undermines the UK economy. In summary, banks need to lend to make their current account model work; this helps a lot of people, but for a huge swathe society it can be less beneficial, encouraging a debt mentality and a debt spiral that many will never escape, nor repay. In...
31 July 2017 /regulation /retail Disruption in Retail Banking
André Stoorvogel Director, Product Marketing – Payments, Rambus at Rambus
We predicted that 2017 would be the year of ‘Mobile Payments 2.0’, with seamless payment methods, value-added services and alternative payment channels coming to the fore. As we move into the second half of 2017, what better time to take a moment to reflect on what we have learned from the year so far, and the key trends and technologies driving p...
31 July 2017 /payments
Jan-Willem Van Capelle Financial Consultant at Drebbel
Today, MiFID II is undoubtedly the main point of focus for financial services providers. Coming into force on January the 3rd 2018, every MiFID responsible compliance officer or project manager is supposed to be finalizing necessary organizational changes, and will soon be implementing regulatory tools that are required to become compliant. Both t...
31 July 2017 /regulation MiFID
If data is the “new oil,” could GDPR be a blockage in the pipeline? Admit it, phrases and jargon are so overused in our industry that they become annoying. The latest one is “data is the new oil.” It is not. I say that as a former oil market journalist. Here’s why: Data is not a natural resource Data can’t be drilled for or fracked Data has ne...
31 July 2017 /regulation
Urvish Macwan Team Leader at Hyperlink Infosystem
It is quite surprising that at this stage some companies don’t have a mobile app. It is even worse that they still question the importance of app development and mobile apps. Well, if you are among the managers that have not hired mobile app developers, you are already losing your customers/clients to your competitors that have a mobile app. Acco...
31 July 2017
Jeremy Light Co-founder at Fourdotzero
The PSD2 regulatory technical standards (RTS) for strong customer authentication and secure communication are proving difficult to finalise. With the EBA rejecting the EC's amendments to its final draft RTS, it is now up to the EC to publish the final text, subject to scrutiny by the EU Parliament and EU Council. With this saga running on and on, ...
31 July 2017 /payments /regulation
Robert Siciliano Security Analyst at Safr.me
In July, more than 15,000 security pros, hackers, hobbyists, and researchers met in Las Vegas for the Black Hat Conference 2017 at Mandalay Bay in Las Vegas. This was the 20th year that the security conference was held, and both black and white hat hackers joined together to discuss security. For two decades, Black Hat has gained a reputation for ...
29 July 2017 /security
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