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From the biggest bank to the smallest start-up, the Bank of England’s War Games will help create a safer financial sector for everyone. Here’s how you can make it work. Every time a company suffers a breach, we’re treated to the spectre of a spokesperson admitting mistakes had been made but promising lessons would be learned. The problem is, by
04 November 2021 /regulation
As our world becomes more interconnected, so too does the need for banking systems to follow suit. In the past, businesses and individuals were often restricted to banking in a single country, but the rise of borderless banking is enabling both to benefit from greater financial freedoms. In this article, we will examine why this trend is so import...
03 November 2021 /payments /inclusion The future of Payments in Europe
History is full of simple ideas that have captured the imagination, energy and money of large groups of people, but resulted in very few actually finding a reward. A good friend of mine recently provided me with a great example that he teaches in his history classes. The Californian Goldrush started in 1848 when gold was found at Sutter's Mill in ...
03 November 2021 /wealth /predictions Digital Sales
Brokerage businesses on their way to the FX market need to implement some next-level solutions to convince newcomer traders they are making the right choice. Forex CRM systems are frequently underestimated by business owners, while the solution is responsible for a set of both inner and outer processes. Brokers are looking for a reliable Forex CRM...
02 November 2021 /crypto /markets Fintech
Every time the word NFT is used in the digital space, a hefty sum is generated as revenue. People from all over the world now know the potential of the NFT. The efficiency of the market has been facing upscale in all possible ways. You know what, every day, a new NFT emerges in the new geography of the globe. In this way, NFT stands even as a life...
02 November 2021 /crypto Blockchain Observations
One of the impacts of the Covid-19 pandemic has been the increased urgency with which firms approach digital transformation. These initiatives aim to improve customer satisfaction, retention and acquisition through the development of modern applications to increase agility for faster delivery of products and services. Modern application developmen...
29 October 2021 /cloud /devops Innovation in Financial Services
COVID-19 has led to increased challenges with ensuring a consistent customer experience, but more than that it’s highlighted that new digital channels are making combatting ever changing “scams” harder to detect and manage. The rise in online scams that banks are grappling with is part of a much bigger challenge spanning risk, governance and compl...
29 October 2021 /security /crime Exposing Financial Crime
The term Banking-as-a-Service, or BaaS features regularly in today’s financial technology headlines. Each week we’re hearing about new initiatives from banks, fintechs and other ecosystem players. Momentum is clearly building, but key questions remain: who will be the winners in this landscape and how will they succeed in monetizing the opportunit...
28 October 2021 /cloud Banking Strategy, Digital and Transformation
If you want to engage your users to be proactive, a new set of features might motivate them to make better financial decisions with just a few swipes. The banking industry is rapidly changing. Millennials heavily rely on mobile banking apps, and some of the biggest names in the industry had to find new ways to interact with their tech-savvy users. ...
27 October 2021 /retail /predictions Banking Strategy, Digital and Transformation
The term cryptocurrency changed from a niche term into an overnight sensation. In the past two years, nearly everyone has heard about the term or has a general idea about the word. The popularity of Bitcoin made it a necessity for people to store their coins in a secure location. The answer to this need was the creation of a crypto wallet. A crypt...
27 October 2021 /payments /crypto Blockchain Observations
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