1147 Results from 2019
Paul Dawson Researcher at NHS
This financial year will be long remembered. Every company that has a turnover of £85000 or more will need to digitally return their VAT returns as of April this year. Companies over the VAT threshold (with a few exceptions for those with complex needs) will be required to use the Making Tax Digital (MTD) service to keep records digitally and use ...
27 February 2019 Electronic invoicing
Brian Collings CEO at Torstone Technology Ltd
The UK’s Financial Conduct Authority (FCA) saw a 187% increase in technology outages reported to it in the 12 months to October 2018. According to Megan Butler, executive director of supervision for Investment, Wholesale and Specialists at the FCA, 20% of those outages were “explicitly linked to weaknesses in change management.” Sell-side firms ne...
27 February 2019 /regulation Capital Markets Technology
Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene
By Rik Coeckelbergs PSD2, the new regulation that will open up retail banking… another regulation that triggers very little attention of the average man/woman on the street. Consumers start getting aware of the front-end consequences, but slowly… thus far, only 3 Belgian banks are publicly anticipating on PSD2: KBC: they set up account aggregatio...
27 February 2019 /retail Open Banking
Chris Jones Managing Director at PSE Consulting
There is growing interest in the acquirer and merchant community in the Transaction Risk Analysis (TRA) exemption for Strong Customer Authentication (SCA). The opportunity to exclude transactions up to €500 from SCA and place the merchant back in control of consumers’ check-out process is understandably attractive. What remains unclear, however, i...
27 February 2019 /payments Payments strategies 2015-2020-2030
Paul Marcantonio Head of UK/Western Europe at Ecommpay
Travel used to be rigid. You’d book your ticket, reserve a room, and follow the carefully arranged plan of your travel agent. But in 2019, a younger and more independent generation of travellers is demanding a kind of travel that’s as flexible as they are. Millennials increasingly want a brand of adventure that they can adapt to fit them, rather th...
27 February 2019 /payments Fintech
Retired Member
The overall market for prepaid cards is exploding, however, when it comes to payments and settlements, many insurance companies are still living in the past. Paper cheques are still the most common form of payment for claims--61 percent of insurance firms still issue paper cheques for claims disbursements--but they bring a whole set of problems an...
26 February 2019 /payments
Antonio Ferre IT Manager at Plastic Forte
To transform data into information and to use this information to manage and improve companies, projects, processes or products is a challenging, and at the same time, fascinating work. We can say that what gets measured gets managed and, as general rule, what gets managed gets better. Well known are quotes such as “If you can’t measure it, you c
26 February 2019 Standards Forum
We’re all well aware that passwords are indeed all but useless at this stage, some have been aware for longer, some more aware of the threats, but I think we’re all there: passwords are not sufficient to protect our money or data anymore. There are a few reasons for this, among which are attacks such as phishing, social engineering, and man-in-the-...
26 February 2019 /retail Information Security
The password management service SplashData made a splash this past December when it posted its list of the 25 worst passwords of 2018. For the fifth year in a row, “123456” and “password” ranked first and second respectively. Around 3% of Internet users in North America and Western Europe used “123456” in 2018, based on five million hacked passwor...
26 February 2019 /ai Behavioral Economics in Banking
David Csiki President & COO at INDATA
During the past year, a number of acquisitions of software providers within the fintech space by large banks and holding companies have the potential to shape the industry and the way software is deployed and used by money management firms. Whether they be RIAs, fund managers, wealth management firms, hedge funds or pension funds, large banks and ...
25 February 2019 Trends in Financial Services
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