Retired Member
Banks have traditionally been closed entities, guarding their proprietary assets and frustrating Fintechs by focussing on scale and stability rather than innovation. The prevailing reaction to the emergence of Fintechs was to defend their businesses and their customer bases from the new pretenders, rather than leverage innovative ideas through col...
29 August 2019 /cloud /devops Fintech
Gareth Williams CEO at YellowDog
It’s not news that fraudsters are developing more sophisticated methods than ever before to launder money. But, as Financial Institutions (FIs) are working hard to remove friction from their customer onboarding processes and actively reduce face to face customer interactions, the war on money laundering is being fought on very risky battle lines. ...
31 July 2019 /regulation /cloud Banking Regulations
The digital current account provider Pockit has offered some telling new insight into the access to financial services debate by comparing the rate of bank branch closures with deprivation rates in England. Using Office for National Statistics data, Pockit revealed 990 branches in England’s most deprived areas have closed since 2010. The findings w...
26 July 2019 /cloud /inclusion Financial Inclusion
Anders Olofsson Payment Oracle at FintechCore
Wim Raymaekers, Global Head of Banking Market, SWIFT and Anders Olofsson, Global Head of Payments, Finastra In recent years, the idea that the world has advanced from “ego-system” to “eco-system” economics has been made famous by the renowned business academic Otto Scharmer of the MIT Sloan School of Management. And it’s certainly a concept that s...
12 June 2019 /payments /cloud EBAday
David Bernard Managing Director, Decisioning Software at Experian
The topic of automation is top of the minds of many businesses across the UK. In fact, Experian research shows 2 in 5 businesses plan to automate many of their current processes this year, specifically investing in advanced analytics, such as AI, to make this happen. However, this doesn’t come without challenges. Even the definition of what automa...
07 June 2019 /cloud Innovation in Financial Services
Part one of this network series highlighted some recent network incidents that impacted the internet and public cloud providers and proliferated the wariness of public cloud. There’s no doubt that outage occurrences will continue to take place across the globe. Bad actors Financial firms need to be particularly security conscious due to the sensit...
06 June 2019 /security /cloud Fintech
Across all industries – but particularly those in heavily regulated industries such as finance – the talk is about the shift to the public cloud. It is the buzzword of the moment. Amazon, Google and Microsoft are leading a charge to move as much computing power as possible to cloud-driven services, and everyone seems to be following, with good rea...
04 June 2019 /security /cloud Trends in Financial Services
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