1068 Results from 2020
Shirish Netke President at Amberoon
During the post-prohibition era in the 1930s, bars offered free lunches to their patrons to get them to buy drinks. 40 years later, Milton Freidman famously summed up the study of economics with the quip – “There is no such thing as a free lunch” or TINSTAFL for short. Now, 50 years later bankers and borrowers alike are recalling TINSTAFL in looki...
04 June 2020 /crime /covid-19 Artificial Intelligence and Financial Services
Andrew Beatty Head of Wealth, Retirement & International at FIS
What’s next: As software goes the way of services, how can financial institutions best take advantage of these investments? Leveraging today’s technologies can help FIs elevate the Customer Experience (CX) with personalized and integrated communications. In my Goodbye Software, Hello Service blog, I talked about the rise of digital-only startup ...
04 June 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Konstantin Rabin Head of Marketing at Kontomatik
The unbounding exemptions for MIFID II have mostly to do with the costs of research services from asset management companies. Due to the very clear monetary difference between the services provided by EU and US-based managers, companies often feel cheated or not obligated to provide the payment for services rendered. To put it more into perspect...
04 June 2020 /regulation MiFID
Joris Lochy Product Manager at Intix | Co-founder at Capilever
With the word "tech" in Fintech, there is automatically a strong focus on technology in this sector. As a result, we tend to think that the biggest cost of a Fintech company is in building and maintaining the underlying software (tech) solution. In some bottom-up organized firms, which are usually built on top of an open-source core produ...
03 June 2020 /sustainable /startups Fintech innovation and startups
Mark Cresswell CEO at LzLabs
Multiple US state government departments were in the news recently, calling for COBOL programmers to come forward as their mainframe systems failed to handle a surge in unemployment claims processing – a result of the COVID-19 pandemic. It is common for an emergency to shed light on an otherwise darkened corner of our technical infrastructure, but ...
03 June 2020 /devops /covid-19 Banking Strategy, Digital and Transformation
Mattia Bruzzi EMEA Banking Sales Director at Earnix
In my previous post I shared my thoughts and concerns about the banking industry real will to support customers when they actually need it. It is a fact that we – the customers - now more than ever, need our banks to overcome this though moment and, even more, will need the financial system support to boost the economy jump start when the COVID19 e...
03 June 2020 /people /retail Financial Product personalization
Hannes Van Rensburg Chief Commercial Officer at Clickatell
For a start, it is important to define what I mean by chat. In this context, “chat” does not mean that irritating chat-blob that often pops up when you visit a website. Not at all. What I am referring to is using a chat application like WhatsApp or Facebook Messenger to engage with a brand. Instead of using these chat applications to communicate w...
03 June 2020 /payments Payments strategies 2015-2020-2030
Jimmy Fong CCO at SEON
The Covid-19 outbreak has forced the retail industry to adapt to different ways of operating, as physical stores and highstreets close for business and many turned to online trading to stay afloat during lockdown. Over recent months, we’ve seen certain retailers prosper and others struggle, yet all have had to alter the way they do business. This ...
02 June 2020 /security /covid-19 Information Security
Tamas Kadar Founder and CEO at SEON
The Covid-19 outbreak has meant that industries across the board have had to adapt to different ways of operating while countries around the world are in lockdown. From a fraud perspective, companies will be facing the same problems as before the pandemic, only on a greater scale as financial pressures cause more people to commit fraud. This can be...
Sassan Danesh Managing Partner at Etrading Software Ltd
Finance is very much a data business with financial firms critically dependent on good information. They need fast access to comprehensive data, which provides them with insight in order to provide services and compete effectively. As a result, firms have been making significant investments in new technologies to improve their analysis and store l...
02 June 2020 /regulation /markets Banking Regulations
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