1148 Results from 2018
Retired Member
Account Number portability (ANP) is set to be a game-changing year for retail banking in EU. As the PSD2 (Revised Directive on Payment Services Directive) becomes implemented, Customer are provided with various option such as AISP, PISP, Account Portability. All would have heard of Mobile Number Portability (MNP) where customer have the choice of...
08 November 2018 /retail Disruption in Retail Banking
Anna Kuzmina Expert at Fintech
from Warsaw Warsaw is grey this time of the year, calm and a bit nostalgic. I always liked Polish banks, their stylish design and hands-on approach. Among EU banks — Polish are my personal favourite. At the first glance Poland is just an ordinary EU country. Everything is so well with the bank card acceptance everywhere, contactless support everyw...
08 November 2018 /payments Fintech
Henri Wajsblat Financial Services Expert at Anaplan
Henri Wajsblat, Anaplan’s Head of Financial Services Solutions, interviewed Chappuis Halder Director Vincent Wiencek about implementation challenges of banking stress tests, and what banks should expect from technology. Q: Among all banking regulations, stress tests seem to be a major concern. Why are stress tests a real challenge for the banks?...
08 November 2018 /regulation Financial Services Regulation
Keith Stonell Managing Director, EMEA at Guidewire
This summer’s silly season for news stories ended early for the insurance industry with new rumours of Amazon making plans to disrupt the sector. Well sourced reports in titles like Reuters and Insurance Times suggested insurers were being wooed to join an Amazon aggregator service, while Altus Consulting forecast how Amazon could shake up claim...
08 November 2018 Digital Insurance Trends
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
The question of whether financial institutions (FIs) should be required by law to do more to protect their customers’ interests has been debated for several years, with many suggesting that regulations should be changed to make FIs do more. It is not difficult to see how this question has arisen: our increasingly digital world has generated a rapi...
08 November 2018 /security /retail
Sibos 2018 saw representatives of the main cloud players in financial services with AWS, Google Cloud, IBM and Microsoft Azure filling seats on panels and providing a cloud technology perspective on digital transformation initiatives they are contributing to. Most of the larger financial institutions are pursuing a hybrid multi-cloud strategy, a
08 November 2018 /sibos
Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene
The last few weeks we, payments experts, were excited with news from banks and their contactless innovations, in an urge to promote electronic payments: on October 16, KBC Bank announced its support for Garmin Pay in Belgium on October 30, Rabobank and ABN Amro announced its support for Garmin Pay in The Netherlands on October 30, BNP Parib
08 November 2018 Innovation in Financial Services
Since the beginning of the financial crisis in 2008, financial institutions have had to deal with a series of regulations to increase transparency. The objective? Creating a safer, more robust and more transparent financial system. Level of Fines at a Distant Second to the USA Europe accounts for 7% of global AML fines levied in the last 10 years, ...
07 November 2018 /regulation /wholesale Banking Regulations
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
This is a slightly edited version of my answer to the following Quora question: Usually, there are many apps in the market, the developer remains blissfully unaware of them, develops a similar app without being cognizant of the other apps, and then wonders what went wrong. Yours is the right question. It’s a pleasure answering it even though I’ve...
07 November 2018 /payments
Andrew Beatty Head of Wealth, Retirement & International at FIS
The concept of Direct Banking – an online and mobile only bank – delivers serious bottom-line benefits, for those with a well-defined strategy. Direct banks have become a popular means of driving deposit growth to underpin lending, and to meet customers' increasingly demanding expectations for an on-demand, digital and mobile banking experience. Th...
07 November 2018 /retail Digital Banking Trends
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