961 Results from 2012
Retired Member
Mobile features have quickly become one of the leading characteristics that drive a percentage of the American population toward certain financial institutions. However, analysts say that while mobile wallet usage is expected to increase in the coming years, widespread adoption may still be inhibited by questions over safety. For this reason, it's...
06 March 2012
Corporate banking is rife with manual invoicing and non-STP processes in the banking industry today. Legacy core processing systems were not built to handle the rule-based requirements that are needed to price based on relationship value. These systems challenges can and do lead to revenue leakage. TowerGroup has noted that the cost of poor data al...
06 March 2012 /wholesale Innovation in Financial Services
Just back from an interesting week in Japan where I was presenting at the annual GMAC conference, Japan International Banking & Securities Systems Forum. The impact of Japan’s alternative venues (known as PTSs) was a particular area of discussion, especially now that Chi-X has set up in Australia and with Korea looking to introduce a multi-ma...
About one out of seven UAE bank customers will recommend their bank to friends and family, reveals a Souqalmal.com survey. “Behavioral intelligence solutions assist banks in pro-actively approaching their clients, allowing to optimize product characteristics and explore up- and cross- sell possibilities. As a result, banks’ customers will be using ...
06 March 2012 /regulation Financial Risk Management
In business we all know there is a very fine line between success and failure. An organisations ability to deliver is often the one crucial difference between the two spectrums. With project delays being such a common occurrence in the banking industry, why do most banks persist with sticking to a standard waterfall delivery methodology? Waterf...
05 March 2012 /retail Finance 2.0
In a press release on its website, Misys notes the announcement made by CVC and ValueAct Capital and confirms that it is currently in discussions with them regarding a possible offer for the Company's entire outstanding share capital for cash. Misys also continues to be in discussions with Vista Equity Partners and Temenos Group AG as set out in t...
05 March 2012 /wholesale Innovation in Financial Services
During the last week of February, I had the pleasure of attending the EACHA Payments Forum in Frankfurt. This conference was remarkable. I have seldom enjoyed such an intense focus on payments and it was an unexpected bonus to be able to step out of my role as a payments consultant and really see SEPA and European payments from the perspective of ...
04 March 2012 /payments
We might remember 2012 as the beginning of a golden decade – the era that small business value creation became easier and more abundant in driving Global GDP. There has been no better time to own, start and run a small business than right now. Particularly online businesses. The economics of the internet has profoundly closed the resources gap ...
04 March 2012 /payments Innovation in Financial Services
Happen to attend a Webminar on Progressive Core banking transformation. Major take home points after an hour of the presentation as follows Current Scenario 1. Core banking transformation is nothing but replacing your home with new walls, furnitures, kitchen, Lobby , interiors and painting etc etc. 2. Vision is to replace everything in the home ev...
03 March 2012 /retail Financial Risk Management
Pat Carroll Founder/Executive Chairman at ValidSoft
It’s time to call time on the static PIN. We forget them too easily, they are too simple to guess, and – most importantly – they don’t really provide the security that both banks and customers need. First, on average people forget their PINs every three months (source: 2012, A birthday present every eleven wallets? The security of customer-chosen b...
02 March 2012 /security Innovation in Financial Services
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