1026 Results from 2017
Retired Member
There is always a trade-off If you ask a cyber security expert to secure your enterprise environment, they may not allow anyone to login or even access email remotely and would request that you use passwords such as s23r8@#$23nr2345$% and also request that you change them to something just as confusing every 7 days. This quickly gets in the way of...
04 July 2017 /regulation Asia Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Bank of Finland statistics out. e-id service figures show huge growth: 2014: 56,23 million times 2015: 69,35 2016: 84,70 Reusing ready habit, ready infra and integrating it into a rapidly growing number of services leads to growing growth. Small wonder that banks have signed up 5000 private and public organizations needing strong e-id from their cu...
04 July 2017 /retail Digital Banking Trends
The opportunities to increase efficiency and reduce costs remain two of the primary drivers behind cloud migration. These benefits are realised from the elasticity and utility of computing infrastructure which cloud adoption affords. In addition to these benefits, cloud enables greater business agility and innovation. If banks and financial instit...
03 July 2017
Until recently, only devices such as computers, tablets and phones were able to connect to the internet. But now there are approximately 8 billion ’network aware’ machines globally that are internet enabled and can communicate and interact with other machines, creating the Internet of Things (IoT). And this figure could grow to over 50 billion con...
Milos Dunjic AVP, Payments Innovation Technology Solutions at TD Bank Group
There was time when people used cheques, and used them a lot. Cheques once accounted for 86 percent of all non-cash payments, and were the hot new payment technology. After second World War, the Americans adopted cheque writing like never before. In 1940s and 1950s, the overall number of ‘chequing accounts’ (frequently spelled as a 'checking accou...
01 July 2017 /retail Innovation in Financial Services
Carlo R.W. De Meijer Owner and Economist at MIFSA
Stock exchanges and blockchain: open positions Just like banks, a growing number of exchanges worldwide have already taken a serious look at the way they can leverage blockchain technology. This in order to ‘get rid of’ the existing time consuming, cost inefficient and risky operations. Ranging from Abu Dhabi to Toronto they are experimenting wit...
30 June 2017
Chris Brown CTO at Trusek
As mentioned in my previous blog there is much that's wrong with the existing payment networks, but it is always easy to criticise what others have done and rather more difficult to provide a solution to a problem. The network I envisage is modelled on the internet itself, with no central hub. Let's have a look at some defining characteristics o...
30 June 2017 /security /payments Innovation in Financial Services
Martin Ruda Managing Director at Tall Group
When about thirty of the great and the good from the banking sector in Dublin and Belfast come together to talk cheques, cheque clearing and how to stay one step ahead of the fraudsters, there must be something afoot. There is… Payment specialists from both Northern Ireland and the Republic of Ireland recently attended a dedicated seminar at the...
30 June 2017 /payments Financial Inclusion
Like Captain Ahab at the start of the voyage, the banks are in a similar fuzzy period. Banks know Open Banking is coming and the rules must be complied with but what should they do, if anything, beyond compliance. The issue is if banks’ customers respond to the new open world and go digital with new services and products, the money being spent wil...
30 June 2017 Financial Services Regulation
In nature, change is constant and inevitable. It is also fairly slow and mainly evolutionary. At the macro level, everything looks very logical, guided by the basic scientific laws of physics, chemistry and biology. We are comfortable with changes that we can observe and measure. We feel that we are in full control of predicting future movements, ...
29 June 2017 /payments
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