1068 Results from 2020
Joris Lochy Product Manager at Intix | Co-founder at Capilever
The word Fintech (short for "Financial Technology") was first recorded in the 1980’s in the Sunday Times. However it was only until the financial crisis of 2007-2008, that the usage of the term became more widespread. The resulting lack of trust in the traditional financial system inspired many tech-entrepreneurs to create new start-ups ...
26 July 2020 /retail /startups Fintech innovation and startups
Kamal Misra Senior Director, Head of Banking at Capgemini Invent India
In the early days of computing, monolithic stacks of mainframe computers used to command an enviable proposition. Scores of scrunched up users waving punch cards had to fight it out to have their programs processed through an excruciating time-sharing system as computing resources were scarce. The advent of personal computers spawned an era of sel...
25 July 2020 /people /retail Banking Strategy, Digital and Transformation
Retired Member
Since Boris Johnson became the Prime Minister, Britain has in every possible way demonstrated a lack of fear towards a tough deal with the European Union. Over the years of its presence in the European space, Britain has successfully resisted imposition of labor market standards, subordination to the economic and political institutions of the EU, ...
24 July 2020 /people /markets
Vaibhav Grover Senior Director at Sutherland
In one of the office discussions I heard a colleague say – “The bank you thought you would be in 2025 is the bank that you need to be tomorrow!”. This was such a ‘powerful’ statement that it got stuck in my mind. It forced me to think –can Banks use Covid 19 crisis to their advantage and advance the future for Banking? There have been some interes...
24 July 2020 /retail /covid-19 Disruption in Retail Banking
Jim Craig Co-Founder at Conotext
If we have learned anything in the first half of 2020, it’s that having a digital marketing strategy is no longer a ‘nice to have’ option. It’s absolutely crucial for community financial institutions (FIs) to step up their digital game if they plan on competing for new customers and members moving forward. It may feel like the pandemic has tied com...
24 July 2020 /retail Banking Strategy, Digital and Transformation
John Cant Managing Director at MPI Europe Ltd
I have nothing against Harrogate, well not consciously at least. However, over recent months there has been much discussion about unconscious bias in many walks of life - including mention in this article about data used for algorithms. So let's consider the role that preparation of data for regulatory uses might have, and where issues exist, what...
24 July 2020 /regulation /crime Data Management and Governance
Sunil Jhamb Founder and CEO at WLPayments
The recent much publicised twitter hack is another example why for the CIOs and CTOs of banks and PSPs, fraud and security are ever-present concerns in the back of their mind. Protecting both their own organisations and their merchants from the threat of cybercrime is a truly business-critical challenge – and one in which the stakes are always ch...
24 July 2020 /payments The Payments Business
Stephan Wolf CEO at Global Legal Entity Identifier Foundation
The crucial role of the LEI in the EC’s AML-CTF legislative reforms In May 2020, the European Commission put forward a series of measures designed to strengthen the EU's fight against money laundering and terrorist financing, including an Action Plan for legislative reform of the EU’s AML-CTF framework in early 2021. Against a backdrop of rising c...
24 July 2020 /regulation
An ever-evolving regulatory landscape has posed major challenges for financial services firms in recent years. But the move to remote working, prompted by the COVID-19 pandemic, has posed a completely new set of compliance challenges. Although lockdowns are now easing, financial services businesses have realised that even with their teams largely...
24 July 2020 /regulation /people Innovation in Financial Services
Lisette Anciaes Senior Account Director at TCA Group of Companies
In light of the recent worldwide pandemic, industries are quickly changing the way payments are received and distributed. It is no longer considered safe to pay or receive pay with cash or cheques as this is perceived as another way to transfer the deadly virus. This should be especially considered in delivering University and College per diem pay...
23 July 2020 /payments /people Digital Banking Trends
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