1068 Results from 2020
Reed Luhtanen Executive Director at U.S. Faster Payments Council
In a year where we’ve seen the emergence of the COVID-19 pandemic, the raging wildfires in California, a hurricane season so active we’ve exhausted the alphabet, and more, “unprecedented” has become an all too familiar term. And these incomparable times have had considerable impact on the American people, particularly from a financial perspective....
15 October 2020 /payments /covid-19 Fintech
Andrew Beatty Head of Wealth, Retirement & International at FIS
There was a time when banks knew who their competitors were. For the most part they were other banks and financial services providers. Pretty simple. But with technology taking center stage, fintechs seem well positioned to move even further into the banking space. But are they really? As Hugues Delcourt, Chairman of KNEIP and former CEO of Banque...
15 October 2020 /regulation /retail Banking Strategy, Digital and Transformation
Steve Cook Head of Business Development at ID R&D
When it comes to choosing a biometric liveness detection vendor for remote digital onboarding or authentication, there are several factors to consider. Reliability, speed, the user experience and above all third-party presentation attack detection (PAD) testing for anti-spoofing. PAD testing is essential because a great many active liveness solut...
15 October 2020 /inclusion /identity Biometrics
Thomas Pintelon Head of Strategy at Capilever
With skyrocketing savings all over the world, an economic crisis is difficult to avoid as consumption drops and investments are generally postponed. While at first sight these unused savings seem to be a jackpot for banks in terms of increasing net interest income (= difference between credit interest payable, and debit interests receivable & l...
14 October 2020 /wealth /retail Personal Finance
Retired Member
Remote working has enabled the operational resilience of insurers while offering employees safety and greater flexibility in how they go about their job. But this comes with new cyber security threats. Insurance firms are at a crossroads as they assess their workplace strategies. The shift to remote working has been broadly successful and firms ar...
14 October 2020 /security /covid-19 Information Security
I am of a generation who can remember the time before you could take your smart phone from your pocket, access an app and immediately see your bank account balances, make a payment or access additional services...whilst walking the dog! Why is this important? Because, as a wealth manager, if you do not offer me similar, immediate access to
14 October 2020 /wealth /inclusion Innovation in Financial Services
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Following the financial crisis, bank control authorities (like the FCA in the UK or the FSMA in Belgium) and compliance departments within banks have grown exponentially. As a result, regulatory costs have also increased dramatically relative to banks’ earnings. At first sight, this seems indeed the correct reaction, to better control and monitor ...
13 October 2020 /regulation Banking Regulations
Kevin Day CEO at HPD Software
In the current period of economic uncertainty, increasing pressure on businesses is making fraudulent activity an ever-present risk for lenders – a trend not only troubling for the affected company or companies, but also for the wider economy. In particular, corporate fraud has the potential to dissuade banks from lending - a dangerous outcome dur...
13 October 2020 /crime /covid-19 Banking Strategy, Digital and Transformation
Ivy Schmerken Editorial Director at FlexTrade Systems
No one could have predicted that Wall Street’s top compliance project would go into production during a pandemic. The securities industry is submitting data to the Consolidated Audit Trail, a long-delayed database for tracking the lifecycle of orders and transactions for U.S. listed and over-the counter equites and options in one place. Even thou...
13 October 2020 /regulation /markets Big Data
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
COVID-19 flushes away traditional banking Last week at premier financial services event SIBOS (https://www.sibos.com) a series of C-level banking executives shared their immersive visions on the post COVID growth of banks. “How will the pace of technological change push digitalization forward and how will the rise in consumer demand for new digita...
13 October 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
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