1137 Results from 2015
Barry Kislingbury Lead Solutions Consultant at ACI Worldwide
Global real time interoperability is in our sights – immediate payments plus the industry consensus that ISO 20022 is the standard ‘de jour’ are paving the way towards a harmonised digital banking future. The first draft of the ‘rule book’ was launched earlier this year by the ISO 20022 Real-Time Payments Group, outlining the correct flows and lan...
18 September 2015 /payments /regulation Payments strategies 2015-2020-2030
Retired Member
Looking back at MiFID I, the Systematic Internaliser (SI) didn’t really take off, resulting in a meagre 1-2% market share in the FTSE 100 today. Many EU countries had different models to execute or internalise order flow, leaving the SI model on the shelf like a dented can of beans. Under MiFID II, Brussels will take a stricter approach by introdu...
18 September 2015 /regulation
Regulatory Challenges for Financial Institutions Banks are facing an increasing amount of regulatory challenges. Rules around know your customer (KYC) are particularly receiving increased attention, with financial institutions needing to ensure that they do know who they are conducting business with in order to stay compliant. Against this bac...
18 September 2015 /regulation /inclusion
The cash register of the future, and that future is now, is designed to be both fixed and mobile at the same time — and that is a part of the evolution of POS into #NextGenPOS. Traditional cash registers and PC-POS systems are almost as mobile as glaciers, and one wouldn’t think seriously about carrying them around. But once you have a POS system t...
18 September 2015 /payments
Richard Chapman Head of Strategy at SunGard
Picture the scene: in a tailor’s shop in Hoi Ann, Vietnam, a reluctant shopper (me) has just been measured for a couple of bespoke suits. I’ve chosen the fabric, decided on the cut and I’m just about to pay for the privilege. Then the tailor throws a curveball. Had I thought, he asks, about shirts to go with my purchases? Despite fierce air condit...
17 September 2015 /regulation Financial Risk Management
FinTech has been lauded as a game-changer in nearly every sense of the word, but can it also revolutionize the way banks serve women? Right now, women clients are finding that FIs simply aren't meeting their specific needs. In fact, a BCG survey of more than 12,000 women from 21 countries found that of all the industries that affect their daily ...
17 September 2015 /retail /inclusion
The financial sector has changed more in the past two decades than at any point previously in history. Technology is the primary reason for this – banks have spent the last twenty years pouring money in to IT to deliver new digital services to a tech-savvy and demanding customer base. While areas of the financial services industry have often been ...
17 September 2015
Alex Noble Account Director at McAfee
Payments are evolving at a staggering rate. Yet despite the hype around the new payment methods, the way a 150 year old transport network has driven payments adoption is perhaps as significant. The adoption of contactless by London’s transport network has been one of the understated but major drivers of the adoption of contactless technology in th...
17 September 2015 /payments /retail Innovation in Financial Services
Increasing globalization has significantly changed the corporate tax function, with constantly shifting regulations and stakeholder demands. In a recent report, “Reshaping the Tax Function of the Future,” PricewaterhouseCoopers (PwC) details several critical factors that will drastically impact the way companies do business worldwide – trends we’v...
16 September 2015 /regulation Electronic invoicing
Ian Stone CEO at Vuealta
In recent years, the financial services sector has seen significant change. A wave of mergers and acquisitions as well as new regulations and reporting structures have changed UK and European institutions, adding an unprecedented level of scrutiny and increasing compliance pressures more than ever before. Financial organisations must ensure they h...
16 September 2015
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