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Open Banking has been the topic du jour for some time and one aspect that comes up again and again is that of marketplaces. The theory goes that big banks, keenly aware of the threat of disintermediat...
The financial services industry has witnessed considerable hype around Artificial Intelligence (AI) in recent months. We’re all seeing a slew of articles in the media, at conference keynote presentati...
In today’s digital age a web domain carries the same kudos as what watch you wear or what school your kids go to. Top Level Domains (TLDs) are at the highest level in the hierarchical domain name syst...
What's more important – the payment method or having a choice of how to pay? For me the choice is important and how I pay will often be dictated by the transaction type. I regularly use cash, and it s...
The term "Digital" is not just a buzzword in today’s business lexicon, it is suggestive of a New Economy riding the digital computing wave of technologies transforming processes, transaction...
As the millennial generation begins to enter the stage in their lives where they make larger purchases, invest, and buy property, they are finding that the traditional banking services their parents r...
MiFID II offers a fresh start for business relationships in capital markets. By reframing the way in which dealers and trading venues seek to manage and match client trades it is implicitly changing w...
Occasioned by the recent Financial Standards Board reports on Correspondent Banking and on Remittances, I am of the opinion that Wolfsberg Group's 2016 “Wolfsberg Guidance on SWIFT Relationship Manage...
When most banking professionals think of compliance they think of roadblocks to doing what they want to do. They think of check the box activities that they do simply to prevent regulators and interna...
Last year we have seen increased blockchain activity across various industries worldwide. This was mirrored in an even greater number of trials, proofs-of-concept and prototypes, as well as the growt...
In the manual banking era, the customer and account related information was available only to the respective Branch users/managers who serviced the customer. With the advent of computerization and any...
In most countries, we see the same trend at retail banks — fewer trips to the bank branch and more online visits. Customers are not just logging in to their online or mobile banking applications to ch...