In recent years, technology disruption has forced companies in many industries to rethink their digital strategy. Some, digital-first companies are able to identify and exploit service weaknesses in markets from travel to retail. Others, traditional companies, are fighting to stay relevant in a rapidly changing digital environment.
One industry... read more
A real time cyber-attack alert system has been created by the European Central Bank and is expected to be piloted this year in order to minimise the risk of digital theft. 130 banks will be required to inform regulators about their most significant cyber-attacks using this service by 2017, which should decrease the risk of attack that has... read more
Over 65% of British businesses have been pinpointed by hackers in the past year, and the cyber security industry is undergoing extensive change as officials are feeling increasingly threatened by the rapid rate and scale of attacks. We take a look at the best cybersecurity fintechs out there and how they are making a difference for businesses... read more
The financial services industry is moving towards a data-driven customer-centricity revolution.
The change is being pushed by customers’ growing belief that businesses should tailor their offerings on an increasingly personal basis. Their experiences with retail and telco companies have introduced a new standard of customer service, and... read more
Risk management has become a big focus for banks and corporates alike in 2016. With the emergence of new regulations and the subsequent formulation of RegTech, the risk management system has never before been such a fundamental part of a business.
For organisations looking at purchasing new risk solutions in order to address increasing pressures... read more
In the last five years, 10% of all global fintech investment has flowed into the UK to the sizeable tune of £5.4bn. While the US might command the most, some £31.6bn, the UK is holding its own against China, $3.5bn, and Europe, $£4.4bn.
It’s a reflection of many things. Our banking heritage and culture to lead the world,... read more
Just over a decade since Michael Kent and Ricky Knox met at business school, the long-time business partners and co-founders stand behind remittance firms Small World FS, Azimo and most recently challenger bank Tandem. They also invest in financial tech companies including bank card killer Curve through their investment firm Hexagon Partners.... read more
Since its publication in 2007, the Payment Services Directive (PSD) has worked to guarantee fair and open access to the payment market across Europe and increase consumer protection. As intended, the legislation had a significant impact on how transactions could be made throughout the EU in a unified manner and new players, outside of traditional... read more
In financial services, access to big data and analytics is creating a huge opportunity to improve everything from efficiency, accuracy and speed to fraud prevention. Specialising in analytics, business intelligence and data management, SAS aims to help its customers make important decisions faster, better and with more confidence. Here Vincent... read more
From those who read articles on detecting market abuse and surveillance systems, no one has missed that the Market Abuse Regulation, MAR, will be introduced on July 3rd. With MAR comes a formal obligation for firms to have a complete surveillance set-up in place with systems, arrangements and procedures to be able to detect and report suspicious... read more