Community
A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.
As the owner, you will also give up ownership if you leave this group.
Retired Member
Running a startup is a difficult job, especially if you are not 100 percent sure whether you are going in the right direction. This is why long-term goals can help you shape your business plan and keep you on the right track. Still, if you set too ambitious goals, they will most likely result in a failure, while, if you set the bar too low, achiev...
10 May 2017 /startups
Anthony Walton CEO at Iliad Solutions
I read a couple of articles this week which reinforced my belief that the biggest threat to most payments businesses is their inability to adapt quickly enough to the changing landscape. The first one was by John Seely Brown, the Co-Chairman for Deloitte’s ‘Centre for the Edge’, a body which develops research on new corporate growth. In their Tec...
09 May 2017 /payments
Simon James Product Manager - BPM and Reporting at Bravura Solutions
Having worked in the Business Process Management (BPM) industry for nearly 20 years, primarily for software vendors, you inherit a number of preconceptions. One of those preconceptions is that all internal/integral workflow systems are inferior to an external BPM system. This preconception is born from the fact that there is no set definition for...
02 May 2017 /regulation
Most organisations aspire to be on good terms with their suppliers; indeed, collaboration has become something of a buzzword amongst supply chain professionals. Still, there is a problem: the nature of the relationship between buyer and supplier often pits the two parties against each other – the buyer wants to hold onto its cash for as long as pos...
25 April 2017 /payments
Henri Wajsblat Financial Services Expert at Anaplan
2016 was punctuated by a large number of banks announcing their intentions to cut costs. In the UK we saw efficiency drives from the like of HSBC and Lloyds Banking Group, with the latter publicly targeting a further 20% belt-tightening by the end of 2017. RBS made cuts on its investment banking side, and Barclays described itself as “unrelenting ...
25 April 2017 /regulation
Whilst there’s little denying that AI, machine learning and automation are some of the most important developing technologies, headlines that announce: “The robots are taking our jobs!” may be a little premature. When it comes to the accounting department there’s no technology (yet) that can match the problem-solving adaptability of an experienced...
Every business quickly learns the value of the conversations they have with their customers. They aren’t only the lifeblood of any organisation fuelling transactions and growth but also offer invaluable insight into what clients want and how they communicate. The looming implementation of the MiFID II directive for financial services institutions ...
19 April 2017 /regulation
It can be a fool’s errand trying to accurately predict the future. In 1955 Alex Lewyt, president of the Lewyt Vacuum cleaner company, predicted “Nuclear powered vacuums will probably be a reality within 10 years.” There are many examples of technology predictions that haven’t quite got it right in hindsight – look at computers, cars, the telephone...
19 April 2017 /payments /inclusion
Jens Woloszczak CEO and Founder at Spotcap
Around the world, regulators are considering ways to encourage traditional players to ‘open up’ customer data to stimulate competition and standardise security protocols. While regulation is already on the way in some parts of the world, it alone cannot ensure the successful implementation of an open architecture framework in banking and finance. ...
31 March 2017 /regulation
Keith Stonell Managing Director, EMEA at Guidewire
The UK is becoming a country of renters rather than home-owners according to a recent government whitepaper. The proportion of people living in the private rented sector has doubled since 2000 and just 26% of those aged 20-39 will own their own home by 2025. According to the Resolution Foundation, twenty five years ago fewer than one in ten fam...
31 March 2017
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.