As the economies of Europe and the US look to consolidate their moves out of recession (and the UK economy has just passed its pre-recession peak – the last major country to do so), the financial sectors of these economies are looking to reassert their status as powerhouses of the national output. Firstly, banks should reassess their internal... read more
There is no doubt today that big data is spurring innovation. Online retailers use it to better serve customers and thus improve their bottom lines, while sites such as Google and Facebook use it to target ads with incredible precision. The “internet of things” will soon know everything about what’s going on in our physical... read more
Last week bobsguide provided insights into cryptocurrencies, a key topic up for discussion at Sibos 2014. This week, bobsguide delves deeper into another highly discussed topic that will be featured at the global conference, big data. Organisations are beginning to accept that if they don’t start using their customer data (financial... read more
bobsguide was present at the SAP Financial Services Forum London, September 9-10. Now in its fourth year, SAP’s flagship financial services event attracts over 450 attendees from more than 30 countries. Every year the two day event brings together leading financial services professionals from banking and insurance firms from around the world... read more
In recent months, the pace of change in payment technology has accelerated to the point where the entire retail environment is in transition.
According to Thomas Landis, senior innovation manager, SIX Payment Services: “What we’re experiencing is that payment itself is moving into the background. People are using smartphones to... read more
As the US economy recovers from its surprise first-quarter blip, the UK economy maintains its robust pace of growth, and China turns into what some have called a ‘two speed’ economy, the one thing that is clear is that the world economy remains a confusing and unpredictable entity.
In this climate, the only thing that banks can be... read more
In an environment where more and more people bank from their mobile phones and use apps for transactions, the thought of filling out a piece of paper, signing it and giving it to another party to complete a delayed transaction feels positively quaint and it’s surprising cheques still exist. Yet they continue to prove popular, with the Cheque... read more
Predictive analysis of data is transforming the way in which organisations operate and interact with their audience. With the amount of data in the world increasing exponentially, companies and organisations are starting to invest heavily in tools that help to deliver invaluable market intelligence. However, collating this vast amount of data is... read more
As a modern Mark Twain may once have said: rumours of the death of SMS are greatly exaggerated. With more than six billion global users and revenues of around $135 billion each year, SMS is now so ubiquitous that it’s expected to remain the industry standard messaging channel for the next decade. Yet despite this, prophets of doom are still... read more