336 Results from /sibos
Retired Member
There is the saying that ‘nobody likes change’ and in most cases you can attribute that to the fear of the unknown. Or, it is possible that people may just think that the old ways are better. I was shocked to learn from one of my colleagues that Deutsche Bank is not giving away toy cars at Sibos this year. Children of Sibos attendees across the g...
28 October 2010 /sibos /retail Innovation in Financial Services
I’ve just attended the Sibos Webcast on social media, with the hope to listen some breaking announcement on the utilization of Social Media in the Banking industry. The discussion was a sort of déjà-vu of discussions from 15 years ago about the decision to have or not have a web site. What I haven’t heard during the discussion is that Social Med
27 October 2010 /sibos /wholesale Innovation in Financial Services
As a key theme for Sibos, there is a lot of discussion about the impact of regulations, and the unexpected consequences that all too often accompany new rules. The BASEL III focus has been on ensuring banks are well funded to cope with problems that may occur in the market, with the particular focus on the failure of an entity involved in a transac...
27 October 2010 /payments /sibos
David Divitt Senior Fraud Product Manager at VocaLink
Anyone who has worked in a bank, or has spent any length of time working with them, knows that technology silos are all too commonplace. Many banks have one system to process debit card payments, another for credit, a third for online banking, and the list goes on. The same applies for fraud prevention and detection, where many banks aren't yet ta...
27 October 2010 /regulation /sibos
Gary Wright Analyst at BISS Research
SIBOS may have just witnessed a day that put the first nail in 'execution only stockbroking'. peterevans one of the smaller software houses is demonstrating its new app, which basically negates the need for the middle man (stockbroker) by executing directly on the Stock Exchange. The obvious thought is to link the app to the wholesale market and g...
27 October 2010 /sibos Finextra@Sibos
Is it a sign of economic recovery that people at Sibos 2010 have such a good sense of humour? Like this speaker at the Mobile Keynote who stated that “mobile banking is about small screen real estate”. Hilarious! In case you didn’t know yet, mobile is not just a new channel and should certainly not be considered as one. Don’t think that it’s just a...
27 October 2010 /sibos
Brett King CEO & Founder at Moven
The concept that banking is necessary, but banks are not has often been debated. The question of whether technology advances and new business model results in disintermediation is often dismissed as hype. While the Internet is undoubtedly the most significant technological advanced of the modern age, most retail bankers would argue that this onl
27 October 2010 /sibos /retail
This year SIBOS in an 'appy' mood. With a number of vendors demoing apps, in particular, I was really impressed with peterevans and Information Mosaic (IM) who have both produced great apps that will set the trend for the future. peterevans has a great trade execution app and IM something wonderful in Corporate Actions. I predict that next years S...
A lasting memory of SIBOS this year is the fantastic job that FINEXTRA has done in bringing up to date news, informative interviews, comments and some real entertainment during very long days. Nick Hastings and his team take a bow! In my opinion delegates could benefit furthur, if the FINEXTRA news/ topical videos featured more in the future, by pe...
The challenges of regulation for SEPA were made clear in the "SEPA 2010" session at Sibos today when the European Commission declared that "moving from self-regulation to regulation is not a small step but a major challenge”. In a sense, that sentiment comes as no surprise at all, given how far we've already travelled down the road ...
27 October 2010 /payments /sibos Finextra@Sibos
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