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Finextra and Oracle have gathered together some of the industry's top thought leaders to discuss, debate and analyse the key trends and issues within transaction banking, regulations and retail banking. This group will focus on upcoming regulations, new service offerings and industry debate shaping the new financial services landscape with regular blog posts, video interviews, webcasts debates and surveys.
The announcement on 26 June 2013 that a single European regime for bankrupt banks, the Bank Recovery and Resolution Directive (BRRD), has been proposed, is demonstrative of the challenge that Europe f...
So, the sequel to how the nascent trend of gamification is raising its head amidst various user engagement innovations is back. While the focus in my last post was to create an appreciation of the po...
Determining who should carry the can for a bank’s bad debts took on a twist last week when activist investor Mark Taber challenged the UK regulator on its demands for a bank to raise more capital. The...
In many a past opportunity, banks have adopted new technology and have stayed in a virtual boundary of what the opportunity represents. Be it presence on social media or bringing text based banking to...
In my last blog post, “The Future is Sooner and Stranger Than You Think” I had talked about the characteristics of Big Data in terms of the 4 Vs (Volume, Velocity, Variety, Value), the 5 Ms (Monitori...
The rules that the European Commission is introducing around dealing with banks that fail – the ‘bail-in’ – are notable for not removing taxpayers from the process. Although they introduce creditors a...
On April 17th, the ICC Banking Commission approved the URBPO contractual rules, which will be brought into effect from July 1st 2013.This recent announcement is likely to create ripples in the financi...
As the digging into the scandal around London, Singapore, Tokyo and Euro Interbank Offered Rates (LIBOR/TIBOR/SIBOR and EurIBOR) continues, it seems increasingly obvious that many financial benchmarks...
The elephant is always afraid of the ant, said an old jungle lore. Today’s banking environment seems to reflect this adage more than ever. For the sake of simplicity, let us define small banks as ban...
The cost of know your customer (KYC) programmes is proving to be too much to bear for some of the world’s larger banks. Bankers estimate KYC has increased IT costs in transaction banking by up to 15%....
“The future is sooner and stranger than you think” – Reid Hoffman We are now at the cusp of the real Digital Age, an age where the network—the Internet today—becomes an organic entity. Various forces ...
The myth that national regulators are pulling together is blown apart by the ongoing debate around banks and speculative trading. Let us set aside the fact that all trading – whether with rivals or wi...