1068 Results from 2020
Retired Member
Evolution and opportunities – what will be forthcoming in the collections and recoveries ecosystem? In the current situation, some individuals and businesses who ordinarily would not have had cash-flow problems, are now faced with the prospect of missed repayments, seeking payment holidays and searching for additional credit facilities to help pay ...
16 June 2020 /retail /covid-19
Adam Holden Chief Executive Officer at NorthRow
On the 31st December 2020, the UK will complete its transition period to leave the European Union (EU), with or without a trade deal agreement in place. Whilst we anticipate that Brexit will affect regulatory compliance for many sectors, the full extent of the impact is somewhat unclear until negotiations have been finalised. In this article, we d...
15 June 2020 /regulation
Jim Craig Co-Founder at Conotext
Beyond the pandemic and the economic tsunami it has caused, there are some parts of the financial industry that will never go back to the way things were. And the one that sticks out the most is how traditional banking will be redefined in coming years. A digital transition was certainly underway. But for most financial institutions (FIs), that sim...
15 June 2020 /retail Marketing in Financial Services
Konstantin Rabin Head of Marketing at Kontomatik
The world is facing an absolutely unprecedented crisis. The year 2020 started off with sad news of a major virus outbreak in China’s Hubei province. Home to over 58 million people, the region soon was surrounded by chaos and uncertainty while the unknown virus had already started spreading across the country. Shortly after the news broke out of Ch...
13 June 2020 /markets /covid-19
Charlotte W. Collaborations at PiChain
A commonly heard term in the banking industry is KYC (Know Your Customer). KYC is the process or step in which there is an assessment of the customers’ profile. It evaluates the risk of the customers of a bank or financial institutions to ensure that they comply with the Anti-Money Laundering (AML) laws. With the emerging technologies like Artifi...
13 June 2020 /regulation Banking Strategy, Digital and Transformation
Craig Ramsey Head of Real-Time Payments at ACI Worldwide
The COVID-19 pandemic, which has already led to massive changes in business and consumer behaviour, is accelerating the adoption of digital payments and the interest in real-time payments across the globe. During a recent webinar we organized to discuss ACI’s Global Payments Report ‘Prime Time for Real-Time’, 36 percent of attendees said that they...
12 June 2020 /payments /covid-19
Gustav Korobov Senior Sales Executive - Core Banking platform at Advapay
At a time, when banks are finalizing their Open APIs, fintechs are developing their superb applications, and consumers are thinking whether they need Open Banking or not, I decided to share my thoughts on what the opportunities and risks will Open Banking bring for all market participants. Open Banking is a banking initiative that was developed to...
12 June 2020 /payments /retail Fintech
Jonathan Westley Chief Data Officer, Experian UK & EMEA at Experian
The long-term economic effect of the Covid-19 pandemic is still largely unknown, but it’s likely to make an impact like nothing we’ve seen since the Second World War. With a few nations emerging from the lockdown and only now starting to get back on their feet, there is still no certainty about when – and how – the economy will recover. The IMF pr...
12 June 2020 /inclusion /covid-19 Innovation in Financial Services
Joshua Frith Managing Director at The Dubs
With global protests exploding into the news and translating into heated protests and debates across the globe, what position should a finance brand take on this crisis, if any? Hundreds of thousands of protestors around the world have marched since unarmed Minneapolis man George Floyd was killed by a police officer. Millions more have blacked out ...
12 June 2020 Marketing in Financial Services
The term Artificial Intelligence is nothing but a computer program embedded with aspects of human intelligence i.e the ability to think like human beings. In the upcoming years, AI along with machine learning, data analytics and deep learning would be a major thing across industries. One such industry that has been revolutionized by AI is the fina...
12 June 2020 /regulation /covid-19 Artificial Intelligence and Financial Services
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