35 Results from 2020, /wholesale
Peter Larsson Business Eeveloper - Europe at Tietoevry Banking
One year ago, I posted an article What’s next for Nordic payments? Rise of real-time that is cross Nordic border – the P27 initiative that now has become a de facto infrastructure with a real plan going forward. Even further, Lars Sjögren (CEO@P27) states that there is no plan B! In this work, there are multiple parallel streams to gain traction...
31 December 2020 /payments /wholesale SEPA and European Payments
Rolf Hauge CEO at Commercial Banking Applications (CBA)
I shared my thoughts this time last year about the upcoming SWIFT Releases originally scheduled for 2020 and the importance of early preparation. Earlier this year, the planned SWIFT changes for Trade Finance Category 7 for Guarantees and Standby Letters of Credit were pushed back to November 2021. This delay comes on top of an earlier postponeme...
03 December 2020 /wholesale /predictions SWIFT Matters
Bob Lyddon Consultant at Lyddon Consulting Services
Jean-Pierre Mustier is to step down as CEO of Unicredit Group, in which he restored Faith and Hope over the last few years. He baulked at Charity: agreeing a merger with Monte dei Paschi di Siena (MPS) on the terms acceptable to the Italian government. There is a valuation gap of about €20 billion: the Italian government would be wanting about €6 b...
01 December 2020 /retail /wholesale
Matt Neill Managing Director at Beyond
2021 will be a challenging but critical year for financial organisations wanting to deliver change within client onboarding and client lifecycle management (CLM). Covid and the fear of a global recession have dramatically increased the need for digital transformation, automation and streamlined processes, and there is no doubt that banks have to r...
24 November 2020 /regulation /wholesale Operational Risk Management
Sophie Dionnet VP Strategy at Dataiku
With a total shutdown of certain sectors of activity, it was not surprising that in June, leading economic forecaster EY Item Club predicted that GDP would shrink by 8% this year. Though the drop was not as dramatic as expected, the Office for National Statistics reported that GDP in June was still a sixth below its level in February, before the v...
24 November 2020 /wholesale /sustainable Artificial Intelligence and Financial Services
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
In Why Banks Will Never Catch Up With Fintechs, I shared my thoughts on why I believe that Banks will never be able to catch up with Fintechs in terms of the User Experience of their websites and apps. (Above post explains the exact difference between bank and fintech.) That post was about the UX of a Financial Services Product. This post is abou...
30 October 2020 /retail /wholesale
Tomasz Blicharz BooX Product Marketer at Asseco Poland S.A.
Taking into consideration the initial set up of the financial institution what business measures (out of the traditional calculated ratios like ROI, IRR, etc.) should be taken into account in the decision: go-not-go to cloud? Is that traditional calculation valid or should we take into consideration new e.g. human behavior patterns and related mea...
08 October 2020 /retail /wholesale Cloud Banking out of the Box
Retired Member
As the world reflects upon the impact of the last 6 months and starts to revise strategy based upon the ‘new normal’ that it now finds itself in, we look at what C-level leaders should be doing to catalyse change across their middle and back office domains. As the reality of the global pandemic sparked volatility in global markets, many organisatio...
23 September 2020 /wholesale /markets Banking Strategy, Digital and Transformation
Kirston Winters MD, MarkitSERV at IHS Markit
After the recent uptick in EuroSTR (a.k.a. €STR) volumes in late July driven by the major CCPs switching from using EONIA to EuroSTR for discounting all Euro OTC interest rate products we looked at August data to see if this was just a blip or whether EuroSTR in fact held its increased share of the market throughout August. In June, prior to the C...
21 September 2020 /regulation /wholesale Financial Services Regulation
Claus Christensen CEO at Know Your Customer
Paper processes used to take days. Digital journeys usually take minutes. Mobile app processes should take seconds. Since mobile technology has entered everyday life, our standards for what constitutes a seamless business interaction has shifted sensibly. In financial services, the introduction of internet and mobile banking has revolutionised o...
03 September 2020 /regulation /wholesale Banking Strategy, Digital and Transformation
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.