1026 Results from 2017
Retired Member
I live in a town called Villa Arriba (uphill town in Spanish), which is very close to Villa Abajo (downhill town). Although they are close, they communicate through intricate mountain roads and there is not much business between both. Although in the recent crisis many banks merged, there are still plenty of them in Villa Arriba. However, there see...
15 July 2017 /payments /regulation Online Banking
So, imagine you are CEO of a major British bank. You’ve got a problem to wrestle to the ground. Who do you really want to have as your customers? It’s not as easy as saying “anyone”, (which is the response the Regulator and Treasury demand that you give). And it needs to be clearly understood that making any money from current (checking) accoun
15 July 2017 /retail Disruption in Retail Banking
Chris Brown CTO at Trusek
In recent years there have been a significant number of new "neo-banks" or "challenger banks" launched with much hype, here in the UK. Many of these appear to have been brought to market quickly, on the back of a pre-paid card platform and are buying customers now with a plan to build a revenue model in the future. Whilst I a...
14 July 2017 /startups Fintech innovation and startups
Anthony Pickup Consultant at Capgemini Invent
There has been interesting news with a major banking platform offering Cardless Cash at ATM’s[1]. Having worked alongside the RBS project in 2006 to launch access to emergency cash in 2007 whist working on the Uk’s first Mobile Contactless trial. The Cardless cash services have developed from their initial launch in Turkey and in 2012 RBS launch...
14 July 2017 /payments Payments strategies 2015-2020-2030
While digitalisation of banking processes has been gathering pace in many areas – from Retail Banking to Payments processing – Trade Finance has been lagging in its digital journey. Recent research from the International Chamber of Commerce found that just 7% of respondents said digitalisation was “widespread”. Trade Finance has always been paper-...
14 July 2017 /payments Transaction Banking
Paul Butterworth Strategic Marketing Director at Trustonic
After a frantic few days in Copenhagen for Money 20/20 Europe, I’m finally back at my desk. The flight home gave me a bit of time to digest the discussions and presentations and, amid the melee and company announcements, a few themes stand out. 1. Let’s get wallets out of the way first. The majority of industry folk now admit that wallets are not w...
13 July 2017 /payments Fintech
Paul Dignan Global Technical Account Manager at F5 Networks
The world of finance is changing. Consumers are becoming more demanding for ease of engagement, while financial institutions are under pressure to transform services using advanced technology. With a host of start-ups threatening the major players through innovative approaches to the market, it’s becoming an increasingly complex landscape to navig...
13 July 2017
When GDPR comes into effect in May 2018, financial institutions are going to feel the impact of this legislation throughout their entire business model, including how they execute and manage Know Your Customer (KYC) processes. At the moment, we accept that if we want to open a bank account, or get insurance, we have to submit a passport or birth ce...
13 July 2017 /security /regulation
Much has been written about cryptocurrencies and Blockchain, the technology behind them. For the purpose of this blog, I will assume that the readers have educated themselves on the related terminology. I decided to dive into an area that has piqued my interest lately, which is Ethereum. A born skeptic, I was completely dubious of the Ethereum con...
12 July 2017
Ivy Schmerken Editorial Director at FlexTrade Systems
A wave of consolidation has hit high-speed trading firms and brokers in the past few months, and many are blaming low volatility and weak trading volumes in the face of rising compliance and market data costs. Starting with electronic market-maker Virtu’s acquisition of rival KCG in April, Two Sigma Securities buying options market-marker Timber Hi...
12 July 2017 /regulation
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