1147 Results from 2019
Doug Gross CEO at NGDATA
It’s been an exciting year in the banking sector. Along with innovation being pushed along by the industry, there has also been the added pressure of regulatory change, such as the introduction of 2FA this September. In the past few years, much has been made of the potential for technologies such as blockchain, IoT and cryptocurrencies to revoluti...
10 December 2019 /retail Bigger than Technology
Brian Costello VP, Data Strategy at Envestnet | Yodlee
A US financial regulator opened an investigation last month into claims that Apple's credit card offered different credit limits for men and women. Steve Wozniak, the co-founder of Apple tweeted that he had received a credit limit that was 10x higher than his wife’s, despite them both sharing all their accounts. There is no doubt that the card wa...
10 December 2019 /regulation /devops Banking Regulations
Chris Holmes Senior Vice President at KAE Consulting
While FinTech start-ups have been showcasing their rapid dynamism and proving themselves to represent a real threat to traditional financial institutions, in recent years, and even months, it has become increasingly difficult not to address the elephant in the room. Big tech companies such as Amazon and Google, have been dipping their toes into th...
09 December 2019 Trends in Financial Services
Steve Cook Digital Identity & Biometrics Consultant
The challenge for biometrics today is that nearly all modalities need to have additional security layers. Nowadays fraudsters have found ways to bypass on-boarding or authentication procedures and in order to make biometrics more secure, liveness detection or anti-spoofing solutions are required to back up the process. Of course, adding additional...
09 December 2019 /retail Biometrics
Retired Member
An appropriate time to talk about remittances and their effect on globalisation is right now. According to industry reports remittances have almost overtaken Foreign Direct Investment (FDI) as the largest source of foreign capital inflow in low and middle-income countries. As the number of people living outside their country of birth increased f...
09 December 2019 /inclusion Trends in Financial Services
This year’s Enterprise Cloud Index report, reported that financial services outpaced all other industries in the adoption of hybrid cloud reaching 21% penetration today, compared to a global average of 18%. Whether it is purely with the public cloud providers, or more typically in a hybrid cloud model, utilising a mix of private cloud capabilitie...
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Frequent readers of this blog and people who otherwise know me well would be aware that I'm a big fan of social media customer service. Many years ago, I wrote Customers Of The World Unite, You Have Nothing To Lose But The Call Center Hold Music to explain why I found the channel very effective for reaching out to brands. I reiterated that perspec...
08 December 2019 /retail
The Internet of Things has a considerable flair for innovations and is penetrating virtually any sphere of human activities. Surely, we all have noticed how our finances have moved towards becoming all digital and we are gradually forgetting what it is like to use paper cash. More on how businesses are adopting the benefits of the IoT in banking a...
06 December 2019 /devops Banking Strategy, Digital and Transformation
The era of platforms has dawned. This is not only evident in the meteoric rise of the usage of “platform” companies by customers; but also in their valuations. The platform providers have found foothold in almost all fields – be it healthcare, retail, technology, entertainment, transport, hospitality and of course finance. In this blog, we will an...
06 December 2019 Futuristic Banking
People want payments to be simple. They want accessible payments with strong authentication, executed instantly, at low and predictable costs, reaching intended recipients regardless of platform or jurisdiction. However, walled digital gardens, disparate standards and poor interoperability of data prevents us from providing the seamless payment ex...
05 December 2019
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.