Future Finance

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.

Retired Member 

Best of Breed Financial Crime and Compliance

When Best of Breed Financial Crime and Compliance “Point Solutions” Aren’t Enough Ranging from libor rate fixing to product miss-selling, 2012 was without doubt a busy year for regulators the world over. Certainly a look at recent regulatory enforcements highlights the complexity and difficulty involved in running a financial services company, whi...

09 January 2014

Elton Cane Digital product delivery at News Corp Australia

Gamification - what can we learn from 2013's top games?

Prompted by this article reviewing games created by central banks that I found in Finextra's always excellent Best of the Web section, I've recently been catching up on what's happening more broadly with gamification in financial services. The hype has certainly been there for several years. Gartner predicted that by 2014 a gamified service for c...

09 January 2014 /retail

Dan Barnes Writer at Information Corporation

If the banking industry was a man, would you give him a job?

In December a spat between the German finance minister, Wolfgang Schaeuble, and Deutsche Bank co-chief executive, Juergen Fitschen, cast doubt upon the seriousness with which some banking executives consider the industry’s position. Schaeuble stated recently that banks are adept at evading rules. Fitschen objected that, while not unworthy of critic...

07 January 2014 /regulation

Retired Member 

Branchless Banking Brands.

A prominent Indian banker recently remarked, in a lighter vein, that in the current state of the economy, assets are in fact liabilities in the balance sheets of banks; and liabilities, assets. Low-cost deposits, which show up on the liabilities side of the balance sheet, are proving to be assets, he argued: they helped banks maintain tight margin...

06 January 2014

Elton Cane Digital product delivery at News Corp Australia

How useful are a bunch of encrypted PINs?

Catching up on online reading after some self imposed offline holiday time I was just reading about the latest US retailer to be plundered for customer personal and card data. For those who also missed it, between November 27 and December 15 customer names, credit and debit card numbers, card expiration dates and magstripe data were stolen from ab...

02 January 2014 /security /retail

Retired Member 

Could Alibaba's Jubaopen transform China's FSI cloud?

On November 27, 2013, the Ali-cloud division of Alibaba group announced the launch of Ali Financial Cloud services. Background Ali financial cloud services has been developed to provide secure and stable IT resources and internet operation services for financial institutions including banks, funds, insurance companies and securities companies. The ...

31 December 2013

Retired Member 

Bitcoin in China: so where are we now?

It sounds trite if you’ve read my other posts on Bitcoin in China, but ‘wow! What a week it has been for Bitcoin in China’. With the PBOC effectively cutting off (legal) funding of accounts on exchange platforms, is there a future for the currency in China? Been here before Despite all the speculation (including our own), the result of the last wee...

23 December 2013

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

GTB in 2014 - The Big Predictions!

Many of you signed up to watch and take part in our live webcast looking at global transaction banking in 2014. We asked our esteemed panel to close off our discussion with their top predictions for next year. It is not surprising that the ‘three Cs’ – consolidation, collaboration and competition—all featured heavily in our panel's crystal ball g...

16 December 2013 /wholesale

Retired Member 

Expansion Challenges for China's tier 2 banks

After 18 years of economic development, China’s Tier 2 Banks, mainly city commercial banks, are growing to fill a gap in-between state-owned banks, and rural commercial banks. As part of their growth, many city commercial banks are attempting to expand their branches in other regions, however, the Chinese Banking Regulatory Committee (CBRC) regula...

14 December 2013

Elton Cane Digital product delivery at News Corp Australia

Are bank tellers an endangered species?

When I recently spoke to a young family acquaintance who had taken a job as a bank teller, it got me thinking about the changing nature of that role, and its future prospects. Particularly as I recalled a couple of news articles on Finextra recently, such as Bank of America tellers petitioning their bosses to cease the roll-out of video teller ATM...

06 December 2013 /retail