Steve Morgan Banking Industry Market Lead at Pegasystems
In recent years, the world has witnessed a significant shift in the way payments are made. With the rise of digital transactions, more and more countries are exploring the possibility of introducing their own Central Bank Digital Currency (CBDC) and the UK is no exception. First, let's define what a CBDC is. Simply put, it's a digital form of a co...
28 March 2023 /payments /regulation Digital Banking
Marco Eeman General Manager Europe at Billtrust
Global changes to e-invoicing rules have been on the cards for years. In Europe, France, Belgium and Germany are among the countries who have detailed their intentions, but there are changes afoot worldwide. Now is the time for companies to take stock of what is coming and how it will impact their business. Why now? In the EU, the changes are bei...
28 March 2023 /payments /regulation
Brad Goodall CEO at BANKED
While Open Banking has been a game-changer for the UK’s financial services sector, the rest of Europe has yet to fully embrace this concept in the same way. This has resulted in a lack of consistency in implementation and a range of challenges that need to be addressed. Innovate Finance, the industry body representing UK FinTech, in partnership wi...
28 March 2023 /payments /regulation Open Banking
Pulkit Giria Functional Consultant at Tata Consultancy Services
Today, financial services marketers are facing great challenges with recent laws and increased customer sensitivity around data privacy while communicating with their customers across channels. Any communication that can identify an individual can be shared only if there is explicit consent from the person and effective security controls. It is ve...
28 March 2023 /security /regulation Marketing in Financial Services
Retired Member
As the first quarter of 2023 draws to a close, Financial Services Institutions (FSIs) are one step closer to needing to demonstrate compliance with the Financial Conduct Authority’s (FCA) Consumer Duty. Coming into force for most FSIs on 31 July 2023 (or 30 April for manufacturers and investment businesses that produce, issue, design or build fina...
27 March 2023 /regulation /retail Financial Services Regulation
John Bertrand MD at Tec 8 Limited
The ACT Cash Management conference held in London last week was a well attended, outstanding event covering many issues facing the Corporate Treasures, banks and our selves in these uncertain times. What was clear, real time information and transactions are now a strong driver in business. The arrival of the New Payment Architecture (NPA) in the U...
27 March 2023 /payments /regulation Treasury Management
Nevan McBride Risk Practice Director at Jaywing Risk
The final rules and guidance for a new Consumer Duty, published by the FCA in a policy statement in July 2022, set higher and clearer standards of consumer protection across financial services, and requires firms to put their customers’ needs first. The rules require firms to consider the needs, characteristics and objectives of their customers – ...
27 March 2023 /regulation Banking Regulations
Last Feremenga Director of Applied AI Research at Saifr
Last November ChatGPT, a chatbot developed by the research lab OpenAI, reached the million-subscriber mark just a week after its launch. I could not resist the allure and signed up. When I asked the bot to write a blog for a company executive on the future of crypto markets, I was impressed with the results. The response recognized current specula...
24 March 2023 /regulation /markets Artificial Intelligence and Financial Services
Vall Hèrard CEO and Co-founder at Saifr™
In a global report issued by S&P, 95% of enterprises across various industries said that Artificial Intelligence (AI) adoption is an important part of their digital transformation journey. We’re seeing expanded interest in the adoption of AI for many reasons, including lowering costs, increasing sales, and improving worker productivity. At the...
Nick Green Director at Purple Patch Broking Ltd
In recent years, financial institutions have increased their adoption of data and new technologies to manage credit portfolios. In fact, McKinsey’s recent survey of financial institutions says there is significant progress in using new data and techniques for credit portfolio management. But it also shines a spotlight on the challenges that remai...
23 March 2023 /regulation /retail Financial Risk Management
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