8061 Results
Retired Member
I’ve worked with many different firms – banks and vendors on their platform modernisation journeys and have discovered that there are a number of common themes across the financial services industry in terms of the challenges they face, the technologies they use to modernise their IT systems and what the recipe for success looks like. I often get ...
04 June 2021 /devops /markets Banking Strategy, Digital and Transformation
In the midst of the tide of consumers migrating to online channels of commerce, there has been a strong need to focus on reinventing the proximity payment options to meet consumers’ expectations for seamless checkout experiences. Besides the unwelcome arrival of Covid-19 has further pushed the requirement of cashless, and more importantly contactl...
04 June 2021 /payments /covid-19 Frictionless Payments
As the Biden administration continues negotiations in the hopes of landing a bipartisan deal on its infrastructure package, conversations are dominated with talk of roads, rails and ports. How exactly the package will be financed is a source of much debate – but most Americans, whether Republican or Democrat, would agree that the United States’ ph...
04 June 2021 Fintech
Machine learning cab be used to design and understand problem and trying to derive solution using data. Being working as FinTech professional, I am seeing the change happening. I have extensively worked in Market Risk. As per definition, Market Risk is the risk of loss due to factors that affect an entire market or asset class. Market risk is also ...
02 June 2021 /regulation /markets Artificial Intelligence and Financial Services
The year is 2009. A forum user, under the guise ‘Satoshi Nakamoto’, sits down at their computer and is compelled to post something. They (an individual or group) have for years held a deep-seated distrust in centralised financial intuitions; that distrust has now most likely overflowed in to anger as they watch the events of the Global Financial C
02 June 2021 /startups /crypto Blockchain Observations
The Fintech industry is driving a rapid transformation that even regulators are struggling to keep up with. In 2020, over 20,000 new Fintech start-ups launched globally, with this number only set to rise each year. As company’s become more imaginative, financial services are becoming more streamlined and simplified. While increased competition is ...
01 June 2021 /payments /regulation Banking Regulations
Credit risk is the possibility of a loss resulting from a borrower's failure to repay a loan or meet contractual obligations. Credit risk is most simply defined as the potential that a bank borrower or counterparty will fail to meet its obligations in accordance with agreed terms. Banks need to manage the credit risk inherent in the entire portfol...
29 May 2021 /markets /covid-19 Fintech World
Financial services are at the heart of our global economy and it’s safe to say cybercrime is a major risk for the banking system. Cybersecurity has become a vital investment for the financial sector. In 2019, Jamie Dimon, CEO of J.P. Morgan Chase & Co stated that, “Cyberattacks may very well be the biggest threat to the U.S. financial system.”...
28 May 2021 /security /predictions Information Security
Cast your mind back to the 1990s: Elton John's "Candle in the Wind," and Whitney Houston was belting out "I will always love you"; with schmaltzy films like "Four Weddings and a Funeral" and the gritty "Trainspotting" both of which were runaway box office successes; in the 1990s Margaret Thatcher was a still...
27 May 2021 /wealth /wholesale Artificial Intelligence and Financial Services
COVID-19 has had a dramatic impact on the financial services industry, driven by fast changing consumer habits and expectations. While many of these changes have been underway for some time, the pandemic accelerated many digital trends and put a spotlight on the new ways of conducting personal finances and business banking. As a result, banks and...
26 May 2021 /retail /devops Artificial Intelligence and Financial Services
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