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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.
Although the Asian banking market presents a tremendous opportunity for banks, it is also increasingly competitive as smaller banks grow and innovate to compete against their large rivals. This compet...
When regulators lay out massive fines for non-compliance they flood budgets with money, where previously there was (presumably) little or none. When HSBC was fined US$1.9 billion by US regulators it e...
As you can imagine, Sibos is a showcase for the dark suit (no matter the weather). You can see some fight against the greys, blacks and blues - the sharp tie, the custom made lining, the Day-Glo nail...
According to a user survey on mobile banking security conducted by the CFCA (Communications Fraud Control Association), users’ assessment of how safe mobile banking is has really not changed since 201...
Banks sell risk. It became apparent that even they could not trade the risk they had on their books in 2008 and they faced bankruptcy. Governments bought it off them, with the exception of Lehman Brot...
China’s banking system was historically quite segregated: each of the original four state owned banks were created for a specific purpose. China Construction Bank was created to administer and distrib...
Many countries in Asia have been traditionally cash and brick focused: customers have been used to holding and using physical cash and visiting the brick and mortar branches. That’s changing rapidly a...
Continuing from my earlier post “Mobile Payments: Is Your Bank Putting Its Best Foot Forward?” on how disruptive innovations in mobile communications technology are transforming the payments landscap...
In my previous entry on August 13, I discussed what we can imagine to be a solid foundation to the Risk and Finance initiatives. Obviously, it is not just about the data model and that is the first p...
In my previous blog, I addressed the new requirements of the new directive of risk data aggregation and risk reporting from the Basel Committee. In many of the banks I meet, the risk function tends t...
Risk Managers and Risk Architects were enjoying a slow beginning to the year when the Basel Committee decided to release a new directive of risk data aggregation and risk reporting. Sure enough, no or...
When George Osborne, Chancellor of the Exchequer, said of the Parliamentary Commission on Banking Standard’s (PCBS) report, ‘Changing banking for good’ which was set up to right the wrongs of the fina...