1075 Results from 2016
Graham Seel Principal Consultant at BankTech Consulting
Banks can meet changing customer expectations, but it won’t be easy. Partnering with the best Fintech firms will be a tremendous help. But what will characterize the best Fintechs? This is the fourth in a series of articles exploring Fintech's role in transformation of banking. Can Banks Ever Meet Customer Expectations? looks at the customer satis...
29 March 2016 /startups Innovation in Financial Services
Retired Member
In today’s world, where technology is central to every industry, it has become increasingly important to deliver software not only faster, but safer, in order to stay competitive. One of the markets where security and compliance is a crucial element to the software delivery process is in Financial Services (FinServ). Many FinServ organizations are...
29 March 2016
PSD2 is upon us. As all banks know, the industry has around two years or so to comply with this directive, despite there being a lack of clarity around certaintechnical areas. Perhaps because of this lack of clarity, many banks have yet to embark on the API strategies that will allow them to fulfil their obligations under PSD2. To them, it is jus...
28 March 2016 /retail /startups
Reghunathan Sukumara Pillai Consultant at Infosys
The concept of digitization, referring to digital platforms, digital services or digital channels, has been making waves in the financial services industry across the globe during the past few years. Banks and customers alike are deriving their own conclusions on what digital could bring or mean to this space. Each bank is using solutions, service...
24 March 2016
Anne Plested Regulation at ION Markets
This week’s closing date for the ESMA consultation, which sets out amongst other things a non-exhaustive list of transaction reporting examples as Level 3 guidance, is a keen reminder of just how much there is to be done for MiFID II. This hefty document, published in December last year, is a crucial step that will allow the implementation to pic...
23 March 2016 /regulation
It’s that time again. Nine months after we were poised at the brink of the launch of Apple Pay, we are now all agog for the latest mobile payment method to step into the arena – Android Pay. This comes with a flurry of anticipation, and rightly so. Android is used by 54% of the smartphone-owning population. And, unlike Apple Pay, which is restricte...
23 March 2016 /payments
Ivy Schmerken Editorial Director at FlexTrade Systems
Senators conducting a hearing on U.S. equity market structure earlier this month vented their frustrations at the slow pace of regulatory change in equity market structure reforms. At the March 3 hearing, lawmakers repeatedly cited delays in developing the consolidated audit trail, or CAT system, for market-wide surveillance, questioning to what e...
22 March 2016 /regulation
Robert Siciliano Security Analyst at Safr.me
Everyone has received very obvious “phishing” e-mails: Messages in your in-box that have outrageous subject lines like “Your Account Will Be Suspended,” or, “You Won!” While some phishing attacks are obvious, others look harmless, such as those in a person’s workplace in-box, seemingly from their company’s higher-ups. Researchers point out that an ...
22 March 2016 /security
Bhavya Kamaraj
I am your target demographic. I’m a Millennial, I’m on a good career trajectory with a blue chip company (SAP), and chances are I tick all the boxes of the profile your marketing department is looking to attract as a customer. So I’m going to tell you what I want – as a consumer - from my bank, insurance company and financial services providers. P...
22 March 2016 /retail
Most banks have high priority digital initiatives. But they are still falling further behind in customer satisfaction. In this blog, I will explain and propose steps pathfinder banks can take. Banks understand the need to offer attractive and differentiated products to their consumer and business customers. Banks know that they must standardize acr...
21 March 2016 /retail Innovation in Financial Services
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