1026 Results from 2017
Kunal Patel Product Director at Worldpay
I get asked this question a lot by the corporate community with whom I am typically engaged with, usually this would comprise of senior figures from the BFSI community. The people I am usually in conversation with have never worked for a start-up, let alone have had any professional dealings with any. For those that know me well, I am not short of...
13 November 2017 /startups Fintech
Jean-Stephane Gourevitch CEO at Mobile Convergence Ecosystems Ltd.
http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion The Chinese Government social credit score project. Or rather Social Score or mass control. This is both amazing in scope and terrifying. It has all the hallmark of a massively dangerous invasion of privacy and a massive social experiment with the ultimate goa...
11 November 2017 /retail Finance 2.0
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
There is a very early emergence of Chatbot capabilities being enriched by Blockchain. There are three distinctive use cases: Conversational Customer Consent Certain types of Chatbots provide a viable alternative to dense ‘legal’ content such as Terms of Conditions or Financial Product Conditions. This is relevant where there are customer choices ...
11 November 2017 /ai Futuristic Banking
Retired Member
I commute and stay in London each week and find the logistics of booking travel and accommodation painful. I have varying requirements for travel times, accommodation preferences and a strong desire for good quality at affordable prices. How can I ease my pain? I could wait until someone writes the killer app that solves my problem. However, with...
11 November 2017 Open Banking
Alex Noble Account Director at McAfee
[Please note these are my personal views and should not be assumed to be the offical position of my employer] This is an exciting time for Blockchain and there is no shortage of hype. Over the past few months there has been a barrage of blockchain news and the BitCoin price has made it into the coverage of the traditional media. There’s also been...
10 November 2017 /security Trends in Financial Services
The Equifax debacle demonstrate the danger lurking into a very outdated, non-customer friendly and absolutely not transparent approach to data. The market is sanctioning Equifax before the regulators hopefully do the same in Europe at least and the consumers launch legal actions possibly class actions as it is now possible in the EU. That such a ...
10 November 2017 /regulation Innovation in Financial Services
If Day 1 is January 3 then Day 2 is any time after that. Implementing systems day 2 may be prove to be a smarter way to invest in compliance and productivity. European market regulators will go-live in two months. We look at possible approaches to enforcement by regulators plus mitigation and productivity strategies for firms involved. Backgroun...
10 November 2017 /regulation MiFID
Banks must shift from channel- and transaction-driven approach, to focus on individual customers Financial institutions have been trying to keep up with the ever-changing digital landscape and customer expectations. With retailers at the forefront of creating seamless customer experiences - at every ‘point of contact’ - banks’ distribution channel...
10 November 2017 /retail
In its consultation for changing RTS 1, published yesterday, ESMA suggests that the tick size regime should also be extended to Systematic Internalisers. I don’t want to discuss whether it is a sensible proposal. Nor do I want to debate whether ESMA can use a Level 2 text to override the explicit statement in MiFID II (Article 18 and 39). MiFID I...
10 November 2017 /regulation /wholesale MiFID
Can IoT transform last mile delivery of financial services to rural India? While rural banking in India is heavily reliant on channel partners and distribution networks, an emphasis on digitizing and automating would give rise to greater cost efficiencies, as well as increased banking transparency and accountability. The Internet of Things (IoT) c...
09 November 2017 /inclusion Innovation in Financial Services
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