1148 Results from 2018
Retired Member
The European Union’s General Data Protection Regulation (GDPR) comes into effect on 25th May 2018, with significant fines for non-compliance. It impacts any organization in the EU and organizations outside the EU who sell, market to or monitor EU individuals. With time running out, here are some minimum items you should have in place by the deadlin...
22 May 2018
Many technological innovations have been heralded as the ‘future of business’. From fax machines to the iPhone, organisations have been relying on more and more technology to operate with greater efficiency and security. While there will always be mixed opinions over which technology is going to have the next big impact, there’s no denying that bl...
22 May 2018 /regulation Blockchain Observations
As the first banks start implementing Open Banking, much of the talk in the industry is about how banks will manage security issues to become compliant. Whilst security is clearly an issue, I don’t believe that it is the biggest issue at hand. Banks are experts at dealing with security issues and managing risk. The real issue banks face is the pos...
22 May 2018 /regulation /retail Banking Regulations
Bob Lyddon Consultant at Lyddon Consulting Services
We have been analysing, for the thinktank the Bruges Group, the extreme difficulties in which the Eurozone finds itself, after years of economic stimulus totalling over 3% of GDP per annum and the build-up of both the ECB's Asset Purchase Programmes and the loans within the TARGET2 system. These imbalances are insoluble, and there is a big bullet ...
22 May 2018 /wholesale SEPA and European Payments
As you begin to develop your platform, you automatically begin to organize teams around coding skills. One of the grouping decisions was focused around our Front End GUI team. We have put together a group of amazingly skilled engineers who work hard to create our interface for the ecosystem of users we aim to service. However, if we are building a...
21 May 2018
Robotic Process automation, otherwise known as RPA, is a significant, rapid change that’s encroaching upon many industries. Quickly evolving, implementing RPA into your industry could help to digitize labor using machine intelligence, capitalize on engagement, create big data, manage social media, and solve mobile technology issues, as well as c
21 May 2018 /ai Innovation in Financial Services
The Financial Action Task Force (FATF) regards access to accurate information regarding beneficial ownership as critical to the effective deterrence of criminal activities that could be obscured by corporate structures. In 2014, FATF published a guidance paper, ‘Transparency and Beneficial Ownership’, aimed at assisting countries in implementing me...
21 May 2018 /regulation Banking Regulations
The typical cybercrime victim may not be what they seem. You may initially picture an elderly person, possibly living alone and not very confident when it comes to technology or being able to spot a scam. I bet it would surprise you then to learn that young adults aged 18-25 in the UK are actually the age group who are least aware of cybersecurity ...
21 May 2018 /security /retail Millennial Banking
Keith Stonell Managing Director, EMEA at Guidewire
Drones are often touted as being the answer to a great number of modern day challenges. Soon, we are told, they will be making shopping deliveries for us, dropping off pizzas, and even taxiing us around. A similar expectation about drone capability has been seen in the world of insurance. It was thought that insurers would have large drone divisi...
21 May 2018 Digital Insurance Trends
Alexey Lapusta Head of Solutions Engineering at Mambu
Are you a CIO/CTO/Architect trying to make sense of different technology approaches to your Digital Banking Transformation? Check industry insider’s view on what’s going on. Disclaimer: Views in this article are my own based on the involvement in the Digital Transformations projects from Tier-1 to neobanks across the globe over last 6 years as a So...
21 May 2018 /retail Digital Banking Trends
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