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Conduct Risk- Boring? Just another FCA fad? The concept of ‘conduct risk’ was first aired in 2011 in the then Financial Services Authority’s Retail Conduct Outlook. It was described there as “the risk...
With P2P lending hitting high in industry, banks should jump faster to tae advantage this- innovative ideas flexi loans and flexi deposits - letting lender-customers and borrower-customers decide the...
If we think carefully, Data supply chain starts from data creation and ends when value added services or product is created from raw data. This largely happens as it transfers hands & get enriched...
Automating enterprise stress testing, like other complex IT undertakings, doesn’t lend itself very well to a “big bang” approach. The implementation of any IT solution to address a comprehensive regu...
We are witnessing a retail banking renaissance: new entrants and digital disruptors are entering the market and the established banks are taking notice. These new entrants are moving fast to build out...
Market making, at its core, is a simple exchange where the market maker gives immediate liquidity and takes the bid/ask spread in return. This is set to become much more complicated in MiFID II as ESM...
From personal experience and anecdotal evidence, there's no question that retail banking customers are increasingly moving to digital channels to conduct everyday banking transactions like balance inq...
Most of us have heard the saying: “It takes a village to raise a child.” Within the mobile money and digital payments sphere, it takes an ecosystem. An ecosystem of financial institutions, mercha
It has long been my personal feeling, based on over 20 years writing about banks (or banking or financial services or FinTech, what have you) that anyone who thinks it would be a good idea to start a ...
A huge investment has been made around the world over several decades in card payment infrastructure and Point-Of-Sale (POS) terminals. However, MasterCard research indicates that 85% of all retail
I know there's been considerable debate about the Santander press coverage today where they 'intend to use old-school branches, plus a more aggressive IT budget to beat off competition' from tech star...
My wife and I recently made several payments in euros to recipients in Portugal. One of these recipients queried the euro amount they had received. We had made the payments via the online banking web...