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Retired Member

Retired Member 

Latest Trends to watch out for in Proximity Payments

As the popularity of card and mobile-based proximity payments has increased, so has the POS infrastructure. Between 2015 and 2019, the POS installed base grew from 47 million to 137 million units, and should keep expanding as Covid-19 pandemic bolstered contactless transactions. In particular the percentage of mobile POS (mPOS) among total payment...

/payments

Retired Member

Retired Member 

ESG in Investment: Futureproofing portfolios for responsible investing

ESG investing is gaining momentum but how do fund managers and investment firms rapidly evolve to make it an integral part of how they do business? The climate crisis, corporate mismanagement, COVID-19, social justice movements – each in their own right have had a significant impact on how we perceive business value and business purpose. Combined, ...

/sustainable /markets Trends in Financial Services

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Retired Member 

Lessons learnt: What financial technologies will survive post-COVID?

The pandemic has caused a sea of change in the adoption of technology amongst those in the financial sector. Established banks and financial institutions have opened their eyes to the benefits of innovations such as AI and chatbots. This has enabled them to automate their services and make themselves more efficient when they needed it most. Eve...

/retail /cloud Digital Banking Trends

Retired Member

Retired Member 

The robots are coming

But that’s ok because they may be less Terminator and more Baymax! (I won’t explain Terminator but for anyone who hasn't watched Big Hero 6 with their kids, Baymax is a robot who can only help!) At our automation seminar this week we witnessed some interesting poll results. Although a relatively low percentage of advisers had automated approaches t...

/wealth /predictions

Retired Member

Retired Member 

Turning the burden of compliance into competitive advantage

Banking is no longer limited to four walls of a building. In the UK, three-quarters (73%) of consumers now use digital banking channels on a weekly basis, as people grow increasingly accustomed to their ease and convenience. But this isn’t without some downsides. Mobile functionality, blockchain integration and emergence of banking-as-a-service ha...

/security /identity Banking Strategy, Digital and Transformation

Retired Member

Retired Member 

Payments in 2021 and beyond: Simplifying the complex

The global payments ecosystem is incredibly complex. Simply put, there are a number of entities and intermediaries throughout the payments process that provide a piece of the puzzle and take a fee for their efforts. In some respects, it is a house of cards with each entity relying on others to manage their parts of the process. The complexity of ...

/payments /retail Fintech

Retired Member

Retired Member 

Improving predictive models for finance through the use of shared synthetic data

Data is produced and collected at an unprecedented scale by users and companies. However, GDPR regulations impose strict restrictions on internal and external data sharing for public and private organizations. This is problematic in many ways. Consider healthcare, for instance, where clinicians would like to understand possible outcomes of availab...

/regulation /predictions Synthetic Data

Retired Member

Retired Member 

UK regulator’s actions point to the trend of growing crypto market security

At the end of March the United Kingdom’s financial watchdog – the FCA – has announced that crypto-involved companies in the UK are now obligated to submit financial crimes-related information in the form of yearly reports. Some may think that this kind of reporting could be considered a step back from the freedoms that the crypto industry promised...

Retired Member

Retired Member 

How Financial Regulation is Shifting After Brexit

With the UK now out of the EU, the drive towards equivalence is giving way in favour of regulatory divergence. What will this mean for the UK financial sector? While the EU is pushing towards harmonisation of regulations around the world, the UK sees Brexit as a chance to restore power and give more discretion to their own regulators. This, it is

/regulation

Retired Member

Retired Member 

Banking on your data – traditional banks and digital natives can co-create value by joining forces

As the UK’s vaccination rollout continues apace, thoughts turn with cautious optimism to post-pandemic recovery. Financial institutions will play a crucial role in the country’s revival, as the facilitators of funding to businesses and consumers. One of the most effective things they can do to kick-start value creation is enter into mutually benef...

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