1270 Results from 2013
Hans Tesselaar Executive Director at BIAN
Our banks run on enormously complex IT systems. This is not new information – much has been said of the challenges facing banks as these archaic systems struggle to answer the pressures of a modern banking industry. After all, most banking platforms were developed in the 1960s and 1970s – consider how consumer technology has evolved in this time a...
30 October 2013 /retail
Retired Member
Bankers hold hope that one day improvements in technology will grind fraud to a halt. No doubt this is the right target, but worldwide banking fraud currently tops $120bn - more than New Zealand’s GDP. One key weapon in our armoury is the sharing of best practice. So, in this spirit, here are ten tried and tested tips we have found useful as we wo...
30 October 2013 /security
Last weekend heralded the official end of summertime as the EU put its clocks back one hour. Since most electronic clocks are updated automatically many of us hardly notice the difference, but others may be forgiven for waking up somewhat confused as to what time it really is. I guess that must have occurred to the legislators in Brussels when dis...
30 October 2013 /regulation
Alex Bray AVP, Omni-Channel Acquisition & Servicing at Genpact
I'm a big fan – and former employee – of Big Blue. So it's always good to see the innovations that continue to emerge out of the IBM Labs. In their latest offering, reported by Finextra last week (https://www.finextra.com/news/fullstory.aspx?newsitemid=25338), IBM has employed NFC technology to deliver a simple customer identification and verifica...
30 October 2013 Online Banking
I was at a buyside collateral conference a week or so ago (running a workshop), and asked the audience - mainly European asset managers and financial institutions - what their firm was doing about the upcoming regulations. Over half of the buyside firms plan to build solutions to meet their future collateral requirements, with only a third plannin...
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
I thought I'd post again this article after the recent outage... Large corporations are today cash rich and their treasurers are accountable for utilizing at best those assets. Preservation of capital rather than pure yield gauges the success of corporate treasurers’ decisions. These objectives and constraints are not so dissimilar from what weal...
30 October 2013 /wholesale Treasury Management
Whether it is starting or managing an online venture, there are lots of misconceptions and myths surrounding ecommerce today. If you think jump-starting an ecommerce website is so easy, you are completely mistaken. Establishing an ecommerce store, at times, can be the most difficult job on this planet. Here are some common ecommerce myths. - One ...
30 October 2013
Current legacy IT systems have emerged as the most significant barrier for innovation, across banks of all sizes, according to the Efma-Infosys Innovation in Retail Banking Study 2013. Well, not all banks; IT systems ranked either 5th or 6th as problem areas at around 20% of large and medium sized banks that participated in the study. Nonetheless,...
Over the past few weeks, the Shanghai Free Trade Zone (FTZ) has captured business headlines here in China and abroad as discussion continues about the impact that the zone will have on reform in China. As of October 30th, 208 companies have registered in the zone in just under one month, notably 36 in the asset management sector. One of the early ...
30 October 2013 Future Finance
Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software
Why should banks care about financial inclusion? First, the statistics, I think this will set the tone for this blog post. There are close to 2.5 billion people who are excluded from the banking stream and out of this, 2.2 billion people are from the continents of Africa, Latin America and Asia (McKinsey on Society: Global Financial Inclusion). How...
29 October 2013 Future Finance
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