1023 Results from 2017
Retired Member
The general public can be incredibly suspicious, especially when it comes to the sales environment in financial services. Many clients of both secured and unsecured loan brokers will happily listen to their guidance, only to view with scepticism the products the broker eventually recommends. In most cases this is because the client, rightly or othe...
22 February 2017 /regulation Innovation in Financial Services
Tom Hay Principal Consultant at Payment Systems Europe
As a European directive, PSD2 has to be transposed into UK law. HM Treasury has recently launched a consultation inviting comment on the proposed legislative changes. The consultation document is written in plain English, and explains some of the issues very clearly. The directive is aimed at “maximum harmonisation”, which means that national la
22 February 2017 /payments /regulation
http://tem.mn/A1-ch4tbot See the demo. Though only a mere two months into the year, it already seems certain that 2017 will be the year of chatbots and AI. The rising prominence of chatbots and AI and the opportunity the technology presents to greatly improve upon the quality of interaction between consumers and their digital devices is not to ...
22 February 2017 Futuristic Banking
Thomas the crossing network wasn't happy. For years he had enjoyed helping his friends buy and sell things amongst themselves. Sometimes he would even step in directly and agree to buy or sell something himself, especially if there was there was an awful lot of it. But now he had a tricky choice to make. The ruler of the land, The Regulator, had b...
22 February 2017 /regulation MiFID
Nick Weisfeld Head of Data Strategy at GFT
Accelerating adoption of distributed ledger in financial services: centralised versus de-centralised business models Leaving aside the Bitcoin use case, is the story of Blockchain simply one of ‘hype’ and a lot of talk, with few genuine real-life use case examples currently in operation? This is the question that is most likely to be put forward by...
22 February 2017
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
Although banks may appear slow to react and less agile than emerging fintech companies, banks remain their corporate clients’ main point of reference for technology innovation and inclusion. Even many leading corporations don’t want to be the pioneers in something that is not part of their core business and keep a wait-and-see attitude toward fint...
22 February 2017 /wholesale Transaction Banking
Have you ever traveled to another part of the world, where people spoke a different language and followed customs that were completely different from what you were used to? Add to that a little jet-lag and local currency confusion, and suddenly you have an elevated heartrate and sweaty palms. It is at times like this when we most need a guide. S...
21 February 2017 /retail Disruption in Retail Banking
On 21st February, Andrea Enria, the Chairperson of the EBA, presented at the Westminster Forum and provided some early insights into the progress of their PSD2 Regulatory Technical Framework (RTS) work. The publication of the PSD2 RTS has been delayed a number of times, so Andrea's comments provide some useful previews of the draft RTS which shoul...
21 February 2017 /payments /regulation
Steve Cook Digital Identity & Biometrics Consultant
Biometric technology has a number of different user cases in order to ease the customer journey. It can be used as a replacement for the user-name and password as a convenient log-in, or as a simple alternative to password re-sets. It can also be deployed for enhancing on boarding and KYC (Know Your Customer) methods. It has a tremendous advan...
21 February 2017 /security Innovation in Financial Services
Milos Dunjic AVP, Payments Innovation Technology Solutions at TD Bank Group
Open Banking initiatives are bringing technology at the forefront of finance by encouraging (sometimes even mandating) secure underlying account data sharing by banks. The main purpose is to enable third parties, mostly FinTech players, to utilize the open access to banking data, in order to provide value-add service applications that enable consu...
20 February 2017 /retail
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