1068 Results from 2020
Retired Member
Covid-19 has had a huge impact on almost every area of our lives: from travel to shopping, the economy to health services. Understandably, these are emotive issues – things that we previously may have taken for granted are now being put under enormous pressure at a time when people are very anxious. Amid the uncertainty, there is a danger that som...
06 April 2020 /inclusion /covid-19 Financial Supply Chain
The lockdown is hurting every industry. FinTech is no exception. However, its digital nature means many companies find themselves well positioned. Some might even come out of this situation better off than before. The lockdown will have lasting effects – both good and bad – on FinTech. While there are many downsides to the current situation, ther...
06 April 2020
Nicolas Kendall
In these unprecedented times of social distancing and temporarily enforced business closures across many sectors, support for SMEs remains a high priority in order to combat the growing economic distress. Banks and lenders have taken steps to reduce face-to-face operations, temporarily closing many branches and call centres for the foreseeable fut...
06 April 2020 /covid-19
John Bertrand MD at Tec 8 Limited
Doubling the interest rate on current accounts for 19 million accounts could add an additional £2.4 billion a year income for banks: so how do we handle this with empathy during a pandemic? The economy is been brought to its knees by the Coronavirus and many, many people will be struggling with less income through the rest of 2020. 19 million of th...
04 April 2020 /regulation /retail Transaction Banking
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
Slowly yet steadily, Banks are seeing customers (including ourselves) picking up services that have distinct digital capabilities. The mechanics of customer interaction has rapidly shifted from physical handshakes to virtual yet warm communication over personal & extended channels. However, managing Data Quality of customer data along with Z...
03 April 2020 /sustainable /covid-19 Data Management and Governance
Adrian Klee Partner, Digital Banking at Ross Republic
Right now it is business-as-not-usual for millions of SMEs due to the Covid-19 crisis. Their survival relies on quick and fair distribution of the emergency funds backed by the British government. That is why banks play an important role as trusted intermediaries. In order to protect the British economy from the unfolding economic shock due to the...
03 April 2020 /retail /covid-19 Innovation in Financial Services
Hirander Misra Chairman and CEO at GMEX Group
A UK business could be eligible for a Coronavirus Business Interruption Loan Scheme (CBILS), as set out by the UK Government. However, it appears that despite the Government’s best intentions, this scheme is not working in practice and some urgent readdress is required. There is, therefore, a serious concern that small businesses will start to fa...
02 April 2020 /wholesale /covid-19 Finance 2.0
Dane Thacker CEO at Toopotech
As restrictions on working from anywhere but home tighten trading operations are moving at different operational speeds with varying degrees of success. It was a very quick transition from office, to DR facility, to home. People had families, schooling, medical issues and all the other considerations we now know we need to live in isolation. Under...
02 April 2020 /cloud /markets Capital Markets Technology
Fintech startups looking to transform current investing trends or disrupt traditional banking are facing their first major test as Covid-19 pandemic bites into the very fabric of our society. As interest rates fall and fearful consumers seek safety in tradition, brand new industries like digital banking and online investing that never experienced ...
02 April 2020 /startups /covid-19 Blockchain in Banking and Financial Services
John Pucciarelli Director of Strategic Initiatives at AcadiaSoft
If you’ve been working in and around financial markets long enough, you’ve seen your fair share of volatility and downturns like the one we are experiencing now. In times like this, it is natural to look back and make comparisons against other times of stress to assess how markets reacted and what the fallout was after the crisis. Even though my g...
02 April 2020 /regulation /covid-19 Financial Services Regulation
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