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Latest Results from /sibos

John Barber

John Barber Vice President and Head at Infosys Finacle

How cloud-based core banking can transform incumbent banks

This article was co-authored by Ram Devanarayanan, head of business consulting in Europe & UK at Finacle. Customer expectations have soared since the integration of cloud technology into financial services, as traditional banks with bulky legacy technology struggle to provide insightful, personalised services to consumers. Neobanks are surpass...

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Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

How to bust ESG myths around sustainable banking

Sustainability was front and centre from day one of the SIBOS 2023 global conference in Toronto. Monday’s first full day of the annual gathering of bankers from across the globe included several sessions that featured themes around the climate and social transition imperatives facing banks as major influencers of corporate behaviour (via their len...

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Níamh Curran

Níamh Curran Senior Reporter at Finextra

How to balance surging cyber threats with a tsunami of compliance costs

Every year, consumers and businesses alike suffer significant losses as a result of fraud and cybercrime, a large amount of this stemming from criminals taking advantage of an increasingly digital world. This is an extract from The Future of the Global Financial Ecosystem 2024 report, in association with Sibos. Digital fraud rose dramatically in 2...

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Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Why has correspondent banking been left behind?

Retail banking and consumer finance innovation has come along in leaps and bounds, but the fragmentation of payment services available in the market, coupled with the stagnation of processing capabilities has resulted in an inability for financial institutions to collaborate for effective correspondent banking. With the multitude of alternative se...

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Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

ISO 20022, tried and tested?

In 2004, financial services players were incredibly excited about ISO 20022, and it was considered the global payment standard of the future. 19 years later, we’re still waiting for ISO 20022 to take the industry by storm. However, we are on the precipice of a new era. Nearly every payment rail that comes out of any interaction across payments use...

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Jason Harrell

Jason Harrell Managing Director at DTCC

Evolving cybersecurity risks in a digitalised era

With Sibos only a few days away, I am looking forward to participating on the 'Managing Risk and Compliance in a Digital Era' panel, where we will discuss the evolving cybersecurity threat landscape and current risks posed to the financial services industry. This discussion comes at a time when the rise of technological transformation is inadverte...

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Paige McNamee

Paige McNamee

Why cash management dominates Capgemini’s World Payments Report

Capgemini has today released its highly anticipated World Payments Report 2023, just in time for Sibos. This year, the report has taken a slightly different tack, shifting from its historical focus purely on retail payments, to explore the significant opportunities for banks and payment service providers (PSPs) to support corporate treasuries and ...

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Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

How real-time payments offer benefits to corporate treasurers

There is a lot of buzz surrounding instant and real-time payments, and they are in various stages of growth or expansion in countries and regions across the globe. Gavin Maclean, head of payments at Lloyds Bank Corporate and Institutional Banking, says: “As individuals, real-time payments through the Faster Payments scheme are all around us. Prett...

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Andy Schmidt

Andy Schmidt VP & Global Industry Lead - Banking at CGI

How to be an adaptive bank

The traditional banking model is undergoing profound change. Boundaries and rules are blurring among existing financial services firms and non-traditional providers. There are several reasons for this, namely that customer expectations are drastically different to what they were five years ago, let alone 10 years ago. Automation and artificial int...

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Paige McNamee

Paige McNamee

How CBDC, cryptocurrency and tokenisation could impact the ecosystem

Digital assets are now a daily reality of our global financial ecosystem. According to Atlantic Council, currently 130 countries have investigated CBDCs. This is up from just 35 in May 2020. The global crypto wallet market is also expected to grow at a compound annual growth rate of 24.8% from 2023 to 2030 to reach USD 48.27 billion by 2030, accor...

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Ainsley Ward

Ainsley Ward Vice President, Payments Solutions at CGI

Is Payments-as-a-Service (PaaS) a new thing?

Despite renewed interest in the model, payments-as-a-service (PaaS) is not a new concept. Historically, many banks have banded together to create shared service centres to accomplish tasks or activities that are difficult to do alone. For example, in Denmark, alongside a few major banks, there are three banking ‘centrals’ that provide banking core ...

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Oli Platt

Oli Platt Marketplace Product Manager at NayaOne

The digital landscape and technical opportunities

This is an excerpt from Finextra’s report, 'The Future of ESGTech 2023'. The unprecedented risks of climate change and the rise of conscious consumerism in the post-pandemic era have prompted industry stakeholders and policymakers to acknowledge the importance and impact of ESG practices and policies. This has driven a notable shift in mindset acr...

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