1026 Results from 2017
Kunal Patel Product Director at Worldpay
I have read quite a lot on Open Banking over the last couple of years, what it means to the industry, the players and more importantly the consumer. The revised Payment Services Directive (PSD2) is required to be implemented in the UK by 13 January 2018. This will definitely change the banking experience, bringing with it more competition and innov...
05 December 2017 /retail Open Banking
Paul Geiger President & Co-Founder at Theorem Technologies
There has been a lot of hand wringing over the CME Group’s amendments to Rule 553 (“Average Price System”), and for good reason. It’s no easy task for clearing firms, or their clients, to systematically reverse engineer the trade legs associated with average-priced trades. The resulting reliance on manual processes that are time consuming and err...
04 December 2017 /ai Operational Risk Management
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Personal Finance Managers and Mobile Money Management Apps (herewith “PFM”) have been around for over a decade. So far, PFM has focused on budgeting by offering tips to save money on everyday expenses such as the proverbial $5 coffee. For reasons highlighted in Innovative Fintechs Don’t Need No Open Banking Regulation, PFM's value proposition has...
04 December 2017 /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I am a member of the Finnish Council of Regulatory Impact. We are an independent body - but in the Prime Minister’s office. Similar organisations have been established also for example in Germany, the UK and Sweden. Our task is to evaluate how the evaluation of primarily the economic impact of new legislation has been performed. It is of course cle...
04 December 2017 /regulation Financial Services Regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
The Chatbot market has reached an unbelievable state. It is both over-hyped and under-hyped at the same time. There is no doubt that conversation-as-a-service will become the primary means for humans and machines to interact. The changes will eventually be profound impacting everything. As with any monumental change, the early days are wild as ...
02 December 2017 /ai /regulation Digital Banking Trends
Retired Member
As our company grows, so does our number of strategic stakeholders. Managing this growing group of executives is a difficult and delicate task because conflicting interests and a lot of big egos are hard to please. So, what are my tips for dealing with this challenge? I assume I have much to learn myself, but this is my method thus far; I would lo...
01 December 2017 /startups
Ivy Schmerken Editorial Director at FlexTrade Systems
With a new head of trading and markets at the SEC, there is optimism that some of the complex market structure issues – such as make-taker incentives and sky-high market data costs — will be looked at in 2018. As these issues wait to be settled, buy-side traders are also grappling with the EU’s MiFID II rules on unbundling research payments from...
01 December 2017 /regulation MiFID
Carl Rogers Director at Finceler8
In the last few years I have been mentoring multiple early stage fintech companies through accelerator programs as well as directly. Although I should not be I am continually surprised to learn that few companies at this stage put as much effort into sales as they do on product and funding, especially in the B2B space. Whilst it is clear you need ...
30 November 2017 /startups Fintech
A New Game Awaits Digital fluency and a thirst for convenience are making the UK’s borrowers more capricious and cost-sensitive than ever. Interest rate rises, and new regulations will add fuel to this fire next year, and lenders that can’t keep up will get burned. 1) Lowest price wins In the digitised age of credit price comparison sites,
30 November 2017 /retail /inclusion Innovation in Financial Services
Yesterday November 27, the European Commission published the final version of the long awaited PSD2 Regulatory Technical Standards on Secure Communications and Secure Customer Authentication. The SCA RTS was accompanied by a press release and a Memo which can be seen as a Q&A document. One of the hottest topics that has been the subject of i...
30 November 2017 /payments Open Banking
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.