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European instant payments were introduced in 2017 and by 2022 represented 14% of all SEPA credit transfers. Across the 29 counties, some have yet to start while others, led by the Netherlands, have re...
It’s no surprise that managing risk across information and communication technology (ICT) in the financial services industry is a tough job. Both retail and corporate banking customers expect their da...
In recent decades of industrial growth, businesses raced to scale and prioritising growth above all else became the norm. But limitless growth is not sustainable, and there are other models of product...
Fraud, whether by an individual or a business, is on the increase. This is largely due to many banking services being accessible online – a convenience that comes with some risk. To help prevent fraud...
One concern that’s arisen during the Farage debanking scandal has been the question of how responsible banks are when handling our data and meeting their customers’ needs. Whilst the Farage fiasco ha...
The need to harmonize cross-border trust services continues to grow in line with the ever-increasing volume of trade and commerce taking place across digital platforms, globally. In this effort, the L...
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 d...
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 insuran
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...
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 cre...
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 t...
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 serv...