4229 Results from /regulation
Nick Green Director at Purple Patch Broking Ltd
From determining eligibility for a new loan to assessing financial vulnerability, credit data plays a pivotal role in financial decisions. Yet, how often do we pause and ask: How transparent is this data? When we discuss 'transparency' in the context of credit data, it's not just about clear reports or scores. It delves deeper, probing the integrit...
21 September 2023 /regulation /retail Banking
Marat Nevretdinov Managing Director at HDI Embedded
Embedded insurance reminds me of that old saying, “the wise adapt themselves to circumstances, as water moulds itself to the pitcher.” It’s widely believed that no one actively thinks about insurance, only about their next purchase. So the embedded insurance premise is simple – bring insurance to the point of sale for those more thought-about p
20 September 2023 /regulation /predictions Embedded Finance
Galit Shani-Michel VP Payments at Forter
Now that the first draft of the proposed PSD3 regulation has been released, there is a significant amount of interest in data sharing between banks and third-party organisations. PSD3, in its current guise, raises several questions around its impact on online credit card payments, fraud, and conversion rates. Yes, the draft proposal addresses fou...
19 September 2023 /payments /regulation E-commerce
The challenges of financial operations require you to consistently evolve, shift, and innovate to remain relevant. For many, this means delving into credit data benchmarking. But what happens when credit providers bypass this vital process, assuming it's secondary or even unnecessary? The expenses, both visible and hidden, can be huge. From payin...
19 September 2023 /regulation /retail Banking
Greg Woolf CEO at Fiverity
Technology has a vital role to play as financial institutions fight back against fraudulent activity, which continues to grow—Alloy's Annual State of Fraud Benchmark Report, 91% of respondents said that fraud rates have increased at their organization year-over-year. While solutions are available that help identify fraud, many lack visibility in...
13 September 2023 /regulation /crime Exposing Financial Crime
Retired Member
The complicated landscape of compliance standards in the UK is increasingly difficult to navigate for IT leaders within financial organisations. With constantly evolving EU and UK laws, financial services organisations have to make sure that they keep up with the ongoing changes while managing their exponentially growing data. While ensuring compl...
12 September 2023 /regulation
Mick Fennell Business Line Director and Head of Payments at Temenos
I’m seldom surprised when I meet an organization that has yet to start its payments processing software modernization journey. Replacing your existing payments software solution is a significant decision with major consequences and, let’s face it, substantial risks. It’s not a decision taken lightly. On the other hand, many acknowledge that you’re...
08 September 2023 /payments /regulation Banking Strategy, Digital and Transformation
Ernesto Funes Founding Partner at Stratio BD
The finance industry is more reliant than ever on efficient technological performance. Recent years witnessed a goldrush to digital systems and platforms as finance businesses sought to modernise and outperform the competition. The Market Research Reports Service predicts that the global digital banking market will be worth USD 19.2 billion by 202...
07 September 2023 /regulation /predictions Fintech
Daniel Schlaepfer CEO at Select Vantage Inc
The emerging Artificial Intelligence (AI) boom has already seen a host of applications unveiled as supposedly advanced trading tools. Just this week we’ve seen the launch of Meta Trade Bot (unrelated to the Facebook-owning company), a cloud-hosted auto-trading tool designed to “eliminate human emotion in trading, enhance trading efficiency, and aim...
07 September 2023 /regulation /markets Artificial Intelligence and Financial Services
Angus Burrell VP Global Omnichannel Strategy at PayComplete
Earlier this month, the UK treasury announced plans to fine banks if they fail to provide citizens with access to free cash withdrawal and deposit services ‘where they live’. The boundaries have been set at one mile in town centres, and three miles in rural areas. The move comes as the UK’s high streets continue to evolve. Once a hub for commerce,...
07 September 2023 /regulation /retail Banking Strategy, Digital and Transformation
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