1340 articles tagged with this keyword
News/Research/analysis
Germany, one of Europe's last bastions of cash, has seen card payments eclipse traditional cash-based payments for the first time according to a new study.
10 May 2019
The vast majority of American financial institutions are experiencing, or soon expect to experience, a demand for faster payments, according to a survey from the Center for Payments.
06 May 2019
Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.
24 April 2019
News/security
The number of physical attacks on ATMs in Europe has risen for the fourth consecutive year, although this was partially offset by a fall in the number of malware and logical attacks, according to industry association East.
10 April 2019
Banks in the West have upped their digital sales game, with most now allowing customers to open accounts online, according to a Temenos report.
03 April 2019
A new Barclays Corporate Banking report published today reveals that 5G could increase UK business revenues by a staggering £15.7 billion by 2025, despite industry leaders admitting they do not know enough about the benefits of the technology.
News/retail
Mastercard is taking on the tricky subject of digital identity, setting out its vision for a system that gives individuals control and stresses the importance of inclusion, confidentiality and transparency.
27 March 2019
Technology has the potential to create seismic waves of change through banking that will alter consumer habits, but the industry will need to work hard to maintain trust and to ensure some customers are not left behind, says a report from UK bank CYBG.
22 March 2019
Close to half of banks (41%) failed to meet a recent deadline for the Payment Services Directive (PSD2) to provide a testing environment or 'sandbox' for any third party service providers (TPPs).
21 March 2019
North Korea has been using cyberattacks on banks and cryptocurrency exchanges to steal money and evade financial sanctions, says a new United Nations report.
20 March 2019
Total UK contactless spending rose by nearly a third last year to £69 billion, with tap and pay now accounting for more than 40% of all card transactions, according to industry figures.
15 March 2019
News/inclusion
The rise of fintech has the potential to extend the benefits of financial inclusion to millions of people but also poses complex regulatory challenges, says a new UN-backed report which also questions the value of the increasingly popular sandbox approach.
15 February 2019
The European Banking Authority is calling on the EU to look into whether there should be a block-wide regulatory approach to crypto-assets.
10 January 2019
APIs and cloud-based systems and low code developer tools are enabling banks to create a more open service, and this hybrid utilisation of new technology with legacy systems is a way to deliver new services, fast, without undergoing wholesale core transformation.
09 January 2019
A survey has revealed that smartphone apps have surpassed online banking as the channel of choice for UK consumers.
News/payments
Most central banks are exploring central bank digital currencies (CBDCs) but hardly any are at the pilot stage and even fewer see issuance as likely in the short or medium term, according to a Bank for International Settlements (BIS) survey.
Most large banks in Asia Pacific think providing Open Banking services for their commercial clients is a key strategic initiative in their digital transformation programmes, and many expect it to help them achieve double-digit revenue growth, according to research from Accenture.
04 December 2018
News/Sibos
Innovation in financial services and the application of new technologies dominated conversation on day 1 of the Swift Operations Forum Europe (SOFE) 2018.
29 November 2018
In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.
19 November 2018
Many ATMs from some of the world's biggest manufacturers are vulnerable to a host of attacks and can be hacked in minutes, according to a report from Positive Technologies.
15 November 2018
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