Research/analysis

1679 articles tagged with this keyword

/Research/analysis

As cyber threat grows, EU regulators warn FS firms on IT budgets

Europe's financial institutions have been told by regulators that they must protect their IT budgets in order to guard against the growing threat of cyber attacks.

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UK mobile banking transactions double in one year

The UK is in the midst of a technology-led banking revolution as Brits shun branches in favour of their mobile phones, figures from the British Bankers Association show.

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IT proves top spending priority for UK FS industry

IT looks set to be the top capital spending priority for the UK financial services industry over the next 12 months, according to a CBI/PwC survey.

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London enjoys fintech investment boom

The UK and Ireland has emerged as the world's fastest growing region for financial technology investment over the last five years as London establishes itself as the fintech capital of Europe.

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Financial markets IT spending to hit $100bn as credit crunch nears end

2018, a decade after the collapse of Lehman Brothers, could prove the end of the financial markets technology credit crunch, with spending breaking the $100 billion barrier, claims analyst house Ovum.

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Bitcoin not a currency but has tech potential - Goldman Sachs

Far from taking off as a new currency, the true value of Bitcoin lies in its potential to transform existing payments networks, say Goldman Sachs analysts in a comprehensive report into the budding crypto-currency.

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Millennials look to tech firms to replace unloved banks

Nearly three quarters of America's millennials would rather go to the dentist than listen to what their banks have to say and are more interested in hearing from tech firms about financial services.

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Americans and Europeans wary of in-store mobile payments - survey

Only a quarter of people in the US and Western Europe are willing to use their mobile devices for in-store payments, according to a survey from Bain & Company.

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FS firms hardest hit by cybercrime - PwC

Financial services firms are far more likely to fall victim to cybercrime than their counterparts in other industries, according to a survey from PwC.

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Banks and capital markets firms to boost compliance spending by 10% - Accenture

Nearly two thirds of European and North American banking and capital markets firms expect to significantly increase their spending on compliance risk management over the next couple of years, according to research from Accenture.

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Africa drives soaring worldwide mobile money adoption - GSMA

More than 60 million people around the world carried out mobile money transactions last June, according to figures from the GSMA, with sub-Saharan Africa leading the charge.

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Internet drives growth in European card fraud - ECB

Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.

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Global fixed income e-trading sees tepid growth

Electronic trading systems only managed to slightly increase their share of global fixed-income trading volume in 2013, accounting for a quarter of total volume executed, according to a report from Greenwich Associates.

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Global bank IT spending on the rise as European market recovers

Total bank IT spending across North America, Europe, and Asia-Pacific will grow to $188 billion in 2014, an increase of approximately 4.4% over 2013, according to analyst house Celent.

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Money laundering shooting up agenda but banks raise concerns over systems

Bank boardroom focus on money laundering is at an all-time high, yet a third of executives think that their transaction monitoring systems are neither efficient nor effective, according to a survey from KPMG.

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DTCC warns demand for collateral set to overwhelm system infrastructures

With regulatory changes sparking a surge in demand for collateral, current operational processes and system infrastructures looks set to be overwhelmed, the Depository Trust & Clearing Corporation (DTCC) has warned.

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Bank apps riddled with security holes - researchers

Many of the world's biggest banks have serious security flaws in their mobile apps which could leave customers - and the banks themselves - vulnerable to attackers, research from IOActive suggests.

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Quarter of Brits would consider leaving bank over IT meltdown - survey

A quarter of Brits would seriously consider switching their bank if it suffered a major technology failure, such as a problem with ATMs, according to a survey from Fujitsu published just two days after the RBS meltdown.

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New players to grab US banking market share as customers go digital

Up to a third of banks' market share in America could be up for grabs by 2020, with new digital-only players and retailer-run enterprises taking on the old guard, according to research from Accenture.

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HFT makes markets more efficient - ECB paper

As European law-makers close in on a deal to tighten rules on high-frequency trading, a new paper from the ECB warns that curbing the practice could make markets less efficient.