1068 Results from 2020
Dane Thacker CEO at Toopotech
It’s arrived in Europe and and now proliferating in Britain. As the true impact of the Covid-19 virus on the global economy continues to unfold, the financial markets have already taken a big hit, as evidenced by tumbling stock markets the world over. Whilst most firms can operate effectively for a while by encouraging home working and ‘social dis...
07 March 2020 /markets /covid-19
Hakan Eroglu Advisor at BIS Innovation Hub (all opinions are my own)
Thanks to PSD2 in the EU, and open banking in the UK, Europe has been leading the way with its open banking initiatives. This significant development represents the beginning of a journey to democratise the financial services industry by allowing third parties to access current account transaction information and initiate payments. However, there ...
06 March 2020 Open Banking
Charu Kirti Jain Director for Corporate Actions Services at IHS Markit
With barely six months remaining before the September 2020 deadline for European Commission’s implementing regulation 2018/1212 for Shareholder Rights Directive II (SRDII), firms operating as financial intermediaries are focused on planning for compliance. SRDII is aimed to improve corporate governance in EU member states The European parliament pu...
06 March 2020 /regulation Financial Services Regulation
Willem Lambrechts Managing Director at Drebbel
A couple of years ago, I was involved, as a, or rather, as the sales rep in a multimillion Euro deal between a major bank and a young, very promissing, technology company. Obviously, as the sales rep I was just a member of the sales team that consisted of specialist sales, product manager, engineers and senior managers, each playing his or her ro...
06 March 2020 /startups Marketing in Financial Services
Konstantin Rabin Head of Marketing at Kontomatik
Yet another African startup is raking up millions from investors around the world during its round of financing and this time around the major investor is America’s most prestigious investment bank- Goldman and Sachs. The bank is just one of the investors willing to put its assets into the South African fintech startup Jumo that just recently clos...
06 March 2020 /inclusion Fintech
Ravishankar Poonjolai Consulting Partner at TCS
Environmental, Social, and Governance (ESG) investment has gained traction in recent times with growing patronage from institutional as well as millennial high net worth investors. ESG investments were pegged at $20 trillion in AUM in 2018, according to a Forbes article. Socially and environmentally aware millennial investors, with a pulse on key ...
06 March 2020 /sustainable Innovation in Financial Services
Andrew Beatty Head of Wealth, Retirement & International at FIS
One thing that banks are not lacking is data. Adding events and event streams into the mix, both the volume and the quality of data will increase exponentially. In today’s data-driven world, banks adopting new core banking solutions with event-based architecture (EBA) will gain a distinct advantage over banks that don’t. ► See also my related blog...
05 March 2020 /ai Open Banking
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
If you own a smartphone, the chances are you have at least one gaming app installed. You know, for those rare moments when you have a few minutes to spare and just need to switch your mental focus. However, with the ever-increasing power of smartphones’ processing capabilities, mobile games have become much more sophisticated, with so many feature...
04 March 2020 Open Banking
Steve Morgan Banking Industry Market Lead at Pegasystems
The short answer is yes…. sometimes to both. However, there is a huge change underway and enough evidence to suggest that customer and competitive pressure alone will drive more change, even without further regulatory updates. Globally, and in the UK, margins in the lending market are feeling the pressure. Slow credit growth (currently at 2.5% in t...
04 March 2020 /retail Disruption in Retail Banking
Paul Shumsky Technology Advisor at Entrepreneur
Retailers are increasingly turning Mobile Point of Sale (mPOS) devices to secure payment because of the convenience, cost effectiveness and flexibility they offer. In fact, the mPOS market is reportedly growing faster than the traditional POS industry and, according to some estimates, could comprise some 25% of the overall market within the next t...
03 March 2020 /payments Blockchain in Banking and Financial Services
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