Trends in Financial Services

A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.

Retired Member 

Is your organisation doing enough to keep pace with fraud?

The financial services industry is under continued pressure to create more convenient ways of paying for goods and services. This trend goes beyond common hype: it’s a culture shift from long-standing payment methods traditionally defined by industry heavyweights to embracing market demands and delivering customer-centricity. With digitalisation, ...

29 April 2019 /ai /payments

Sadra Boutorabi Product Marketing Director at GPayments

How 3D Secure adoption in the US is about to change

3-Domain Secure was created in its first iteration (3DS1) over 15 years ago. The goals were relatively simple, as there were few standards to build upon at the time. Even though there was a mounting challenge in credit card fraud, hopes for what would come to be a vibrant e-commerce industry were already high. Despite the clear demand for a secure...

09 April 2019 /security

Darren Bishop Business Development Specialist at MDX Technology

David and Goliath - A new world of possibilities for content sharing

Disney and Fox have finally closed their deal, creating a new powerhouse that will have far reaching consequences on the global entertainment industry. They have promised to launch their own streaming platforms, which leaves the likes of Amazon, Netflix, Hulu and YouTube in a very interesting position and will surely have their own response to thi...

29 March 2019

Henri Wajsblat Financial Services Expert at Anaplan

Asset Management: Drive a profitable growth agenda in a context of fee pressure

Tackling profitability challenges in asset management Henri Wajsblat, Anaplan’s Head of Financial Services Solutions, interviewed Accenture Managing Director Julien Ciroux about profitability challenges in the asset management industry, what asset managers should expect from technology, and the benefits of Connected Planning. 1. In a context of i...

22 March 2019 /regulation

David Csiki President & COO at INDATA

The Convergence of Traditional Financial Services and Fintech: Opportunities and Challenges

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

Retired Member 

Why isn't banking leading the way in security?

I was recently surprised to read an article on Finextra that highlighted Which? had reviewed UK banking security and concluded that seven of the top twelve UK banks did not offer 2FA for online banking. Why this surprised me is that banks have lead the way with 2FA for decades by using the debit card. To take out money from an ATM or spend it in ...

14 February 2019 /security

Retired Member 

What can four innovative fintech startups and their investors tell us about the future?

Fintech is a sector that thrives only through innovation. It’s in constant flux; changing and evolving all the time. While we can see spikes of activity and the general trajectory, it’s hard to predict what lies ahead just by taking a high-level view. To get a more accurate picture you need to drill down and analyse some of the startup companies t...

11 February 2019 /startups

Retired Member 

Mortgage technology in 2019 - hype versus reality. Part 1

Technology based predictions often appear to veer from, “really” will that happen? to disrupting paradigm shifts that can catch traditional players out. We should be wary of accepting every prediction. If you were born before 1990, you will probably remember the prediction that the modern world was “almost” going to end with the Y2K or Millennium b...

22 January 2019

Retired Member 

The value to Banks in using intelligence and 'as a-service offerings’

The 2018 McKinsey Banking Review noted that, on average, between 2012 and 2017, banks valuations lagged those of all other industries, meaning that investors are and will be looking elsewhere for value. How will banks respond to this phenomena? In the UK it appears that revenue is now more important than cost control. In the two years to the start...

13 January 2019

Andrew Beatty Head of Wealth, Retirement & International at FIS

What does 2019 have in store for UK Banking?

The turn of the year offers a perfect opportunity to review the past 12 months and to anticipate what might happen in the next 12. So, how was the past year for the UK banking and payments sector and what lies ahead of us in 2019? The year open banking arrived 2018 will be remembered as the year in which open banking became a reality in the UK. How...

09 January 2019 /retail