1148 Results from 2018
Retired Member
To reveal or not to reveal, that is the question. In today’s world, the need to use personal data is increasing in frequency as this information is necessary to process transactions in our daily lives. For example, let's look at the future of autonomous cars. In my opinion, there is only one way for the adoption of autonomous driving and that is...
01 May 2018
Paul Grimbers COO at The Glue
The financial services arena is fraught with challenges... Ongoing regulation, increasing competition, an unstoppable demand for digital services, whilst all the time internal demands to drive down operating costs – and this is just a high level summary! Whilst everyone is aware that culture is very important, the fundamental ingredient to overcomi...
01 May 2018 /wholesale Fintech
Bob Lyddon Consultant at Lyddon Consulting Services
In a shock announcement BACS and Faster Payments are being run, as of today, by a company controlled by a single private individual. This must be a first for a critical UK national infrastructure. New Payment System Operator issued a press release this morning to say that "Operational responsibility for the Bacs and Faster Payments systems, wh...
01 May 2018 /payments UK Faster Payments
Need to stand up to cyber security breaches more effectively? Change your posture! An organisation’s ‘security posture’ indicates how robustly they are equipped to avoid, detect and repel cyber threats, based on current information security infrastructure and practices. Given ever-bolder cybercrime, a major review of security posture is now imper...
01 May 2018 /security /regulation
There’s mounting evidence that the financial services sector is starting to come to grips with the chatbot hype. The recent decision of automated savings fintech Digit to scrap their chatbot made headlines, but was not entirely surprising. What’s even more telling is that we are not seeing many successful widescale deployments of “conversational
01 May 2018 /retail /inclusion Digital Banking Trends
Best Practices in Managing Internal Capital AdequacyGuaranteeing a Solid Base of Capitalization Cooked down to its essence, the convulsion that overtook the international banking system in 2008 came down to institutions lacking adequate capitalization. The failure of Lehman Brothers — due to its holdings in the subprime market not being sufficientl...
30 April 2018 /regulation /wholesale Banking Regulations
Richard Miller Product Owner at RegDefy (MV37)
As the financial services world continues to adapt to the possibilities of blockchain and Distributed Ledger Technologies (DLT), we are now at a critical juncture, as to where the industry goes from here in utilising these technologies. Now that various organisations have more experience of implementing DLT from initial proof-of-concept to actual p...
30 April 2018 Blockchain Observations
Consumer driven technology adoption is driving many of the changes we are seeing in the mortgage market, influencing lenders and mortgage intermediaries. In the 2018 Intermediary Mortgage Survey I conducted recently, it is clear from this year’s survey responses that technology is becoming increasingly central to intermediaries’ and lenders’ think...
30 April 2018 Trends in Financial Services
Worth over $600 billion to global economies (over $400 billion of that is to developing nations), remittances are big business, and act as a lifeline for millions across the developing world. Yet, despite all attentions on the massive impact that Open Banking will have on banks, consumers and economies, the industry mustn’t forget about one major ...
30 April 2018 /payments /inclusion Financial Inclusion
Sophia Brooke Project Manager at Independent Consultant
It was bitcoin that introduced blockchain to the world, but the technology goes beyond this cryptocurrency. Businesses are looking to process data and manage their transactions more efficiently and securely, and blockchain is the answer. One of the key competencies of today’s business leaders is that they are able to adopt disruptive technologies t...
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