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1148 Results from 2018

Retired Member

Retired Member 

PSD2: A turning point for banks’ business models

January 13th was the final deadline for financial services companies to comply to the FCA’s newest European legislation, the Payment Services Directive (PSD2). The run up has been a time of huge introspection and preparation for European banks, that are only too aware of what the new rules are striving to achieve. Forcing change in the industry, i...

/retail Disruption in Retail Banking

Molly Yakubian

Molly Yakubian Assistant Vice President at Cordium at Cordium

What to Expect from Electronic Communications Exam Requests

A look at what the regulators are asking for and considerations for production SEC examinations of Registered Investment Advisers are on the rise. The SEC Fiscal Year 2018 Congressional Budget Justification[1] indicates that the estimated percentage of investment advisers examined in FY 2017 and FY 2018 is 13%, up from 10% and 11% in 2015 and 20

Retired Member

Retired Member 

MiFIR Transaction Reporting for Asset Managers: The Impact of Increased Scrutiny

Since the MiFIR transaction reporting regime came into force on 3 January, any investment firm that does not have a valid Legal Entity Identifier (LEI) may find it impossible to trade. That was the guidance issued in last November’s Market Watch[1] newsletter from the FCA. Although collective portfolio management investment (CPMI) firms[2] are ex...

Linda Zaikovska-Daukste

Linda Zaikovska-Daukste Co-founder | COO | CFO at UXDA

Banks Are Doomed If They Don't Care About User's Pain Points

Finance Digitalisation causes many banks to adjust their approach to the development of their products and services. Today, more and more financial companies evolve by creating user-centered services and simpler and more convenient solutions. But it is not enough for creating the perfect user experience (UX). You also need to consider the weakness...

/retail Innovation in Financial Services

Retired Member

Retired Member 

Taking the Pulse of Mobile Banking in the U.S.

The Federal Reserve Bank of Boston has released an overview of mobile banking and mobile payment adoption; and since it’s a government report it has the snappy title of “Mobile Banking and Payment Practices of US Financial Institutions: 2016 Mobile Financial Services Survey Results from FI in Seven Federal Reserve Districts”. While it may lack a ...

/retail Digital Banking Trends

Anthony Walton

Anthony Walton CEO at Iliad Solutions

When technology fails - a two minute guide

When you live in the North of England as I do, Hawaii seems like the perfect place to be at this time of the year. The idea of waking to warm sunlight and long days, and surrounded by tropical flowers and trees is a cut above the driving rain and sub-zero temperatures we’ve had recently. However, for 38 minutes earlier in the month Hawaii must hav...

/security Innovation in Financial Services

Retired Member

Retired Member 

Geoff Doubleday - The Fintech Legend

January 2018 saw the sad passing of Geoff Doubleday, one of the founding fathers of the financial technology revolution, long before the word Fintech was even invented. He truly was a visionary who recognised the power of technology, and how if applied properly, it would transform the world of banking and finance forever. Geoff had a dream and the...

Priya Lakshmi

Priya Lakshmi Digital Leader at Own

Un-’block’ your business 1.0: The New A 'AI' B 'Blockchain' and C 'Connected Devices' of Insurance

Another new year begins and many of us are probably shopping for insurance again because our provider just put up the premium on our renewals. We think they do this because they want to make more money (which could be the case as well) but equally the amount of fraud (accounts for 5-10% of insurance costs) that happens puts pressure on the insuran...

/ai Innovation in Financial Services

Shailendra Malik

Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank

Startups face Integration challenges with Banks

Of past year a lot of noise have been created by the Fintech sector and loads of start-ups have mushroomed. With many innovative ideas the primary assumption is that, when we have the empirical data then the trends, modelling, any exploratory or discovery driven models will get the best solutions for the end users. To realize this vision, one prim...

/startups Innovation in Financial Services

Shailendra Malik

Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank

How Lifestyle Apps help Banks

In my last post I explained the potential of Banks investing their effort to build Lifestyle Apps and create an ecosystem that helps everyone. The question remains, will people move away from generic lifestyle apps and adopt the ones created by the banks? Please note I will be specific to Singapore market in some contextual examples. What new red...

/retail Digital Banking Trends

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