Senior banking executives and industry experts have called for banks to become their own disrupters and agree that in the future there will be fewer bank branches. Opening The Economist’s European Retail Banking Summit 2014, Ralph Hamers (CEO, ING) said that banking is necessary but banks are not and the question that banks should be asking... read more
Operational resilience has always to some degree been an important factor in many industries but it's easy to forget just how much of an impact it can have on the health and efficiency of a company. Not keeping it as a key consideration puts your company at risk of becoming uncompetitive in a rapidly changing business landscape.
Every... read more
The Financial Conduct Authorities (FCA) pledged to unlock the benefits of financial technology innovation at the launch of the Innovation Hub in London this week. Speaking at the launch, Martin Wheatley (Chief Executive of the FCA) said: “The FCA is here to make financial markets work well for consumers. Innovation can benefit consumers.... read more
In the fast-moving world that we live in today, consumers want to be able to pay by mobile, securely and conveniently and Zapp, the UK’s leading mobile payment innovation enables them to do all of this without having to download yet another application (app). By working with UK banks and retailers, Zapp payments enable consumers to pay... read more
Today’s financial institutions are working faster and smarter with video-based software applications designed for speed and return on investment. Video surveillance technology has evolved dramatically during the past five years, but a paradigm shift with game changing consequences for banks and credit unions is only now truly underway.
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Oracle held their annual Oracle OpenWorld 2014 summit at the end the September in San Francisco, USA. The financial services and insurance industry summit featured around twenty three sessions and over 1,000 of Oracles customers (banks, insurance companies and retailers) led discussions at the event. The Oracle summit is one of the largest... read more
At last week´s EuroFinance conference, European treasurers met in Budapest to discuss best practice approaches to handle disruptive innovation from a regulatory, organisational and technology perspective.
Deep in the Regulatory Jungle
New regulatory requirements are keeping treasurers busy. Asking treasurers in Budapest which regulation... read more
Many organisations are faced with challenges around their IT needs. Some companies are choosing to migrate their data environment which has caused a number of sleepless nights for many senior executives. As trends in big data and cloud computing continue to increase, many organisations will outgrow their current environment and have to outsource or... read more
The work fund managers have done to comply with the Alternative Investment Fund Managers Directive (AIFMD) will be put to the test on 31 October, when they have to submit their first reports to regulators. It is clear that many will struggle to meet the European Securities and Markets Authority’s (ESMA) requirements, which present both... read more