20136 Results from 2015
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
In an era of rapid technological innovation, the landscape of payment authorization is changing. The Reserve Bank of India (RBI) recently highlighted the necessity to look at alternatives to One-Time Passwords (OTPs) for protecting digital transactions. The call for development offers an array of options, offering both increased security and a bet...
13 February 2024 /payments /regulation Finextra site news
Nick Green Director at Purple Patch Broking Ltd
The FCA recently unveiled new consumer protection guidelines that signal a major shift in credit data management. These rules require financial services firms not only to meet formal compliance standards but also to proactively consider customer interests and welfare. In addition, the FCA simultaneously signaled that crowdfunding and peer-to-peer ...
13 February 2024 /regulation /retail Banking
Santosh Radhakrishnan Chief Commercial Officer at XYB by Monese
Why the time is right to modernise Nobody ever said that replacing a core system would be cheap or easy, and we highlighted this previously when we discussed the challenges of replacing core banking. Nevertheless, not all projects to replace core banking have been failures. Below, we discuss the different ways that banks have approached core bank...
13 February 2024 /sibos /retail Banking
Glendy Kam Chief Product Officer at Tassat Group, Inc.
Organizations are actively searching for new channels to serve their partners and customers more efficiently, and smart contract technology is emerging as a leading tool to enhance business processes through automation. In 2022, seventy percent of business leaders report piloting automation tools in one or more business units or functions, up from...
12 February 2024 Blockchain in Banking and Financial Services
Alex Kreger Founder & CEO at UXDA
How can we design an app that provides a guide for better financial decisions? Users typically invest based on in-app offers, but, to help customers achieve their dreams, we can change that approach. While working on a recent investment product for our client, we found that users needed help first making sense of their investments by setting their...
12 February 2024 /wealth /retail Innovation in Financial Services
Ben Parker CEO at eflow uk ltd
The global financial landscape is currently battling a variety of simultaneous shocks that have made it vulnerable to market abuse. In March of last year, Fabio Panetta, of the European Central Bank’s Executive Board, delivered a speech where he declared that we are in the wake of a series of global shocks. From events such as the pandemic, supply...
12 February 2024 /regulation /crime RegTech
Eldad Tamir Founder and CEO at FINQ
Understanding the nuances of stock scoring versus stock ranking is essential for investors aiming to navigate the complexities of the financial markets effectively. While both methods offer insights into potential investment opportunities, they serve different purposes and offer distinct advantages. Below I aim to demystify these concepts, focusin...
11 February 2024 /startups /markets Artificial Intelligence and Financial Services
Retired Member
The emergence of Variable Recurring Payments (VRPs) marks a significant milestone in the realm of open banking payments. These innovations are not only elevating security standards but also enhancing user experiences, granting consumers more authority over their transactions, and providing businesses with quicker, more cost-effective, and reliable...
09 February 2024 /payments /inclusion Open Banking
Marito Domingo Chief Finance Officer and Credit Officer at First Tech Federal Credit Union
With market volatility and economic uncertainty, selecting the right banking partner has never been more important for consumers. On the surface, banks and credit unions are both financial institutions that offer the same fundamental services – checking and savings accounts, home and auto loans, investment needs, etc. – but that’s where the simila...
09 February 2024 /retail Banking and Lending Solutions
Konstantin Rabin Head of Marketing at Kontomatik
Robots have taken crypto markets by storm, with thousands and thousands of algorithms trying to break the market and make money. This abundance of robo-advisors also makes it tricky to find reliable ones. Automated trading in crypto using algorithms and artificial intelligence has become super popular with the development of advanced and capable A...
09 February 2024
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