Implementing a netting solution

21st November 2018

Company: BELLIN
Multinational corporations are familiar with some of the obstacles involved with intercompany commerce. Foreign exchange risk, transaction quantities, and stagnant payment approvals can be expensive. In the realm of treasury management systems, a netting system can be the perfect solution. The following 2-part series will cover the basics of a... read more

Open Banking: infrastructure firms “invisible” as incumbents’ appetite varies

20th November 2018

Company: bobsguide
"Critical" work conducted by infrastructure organisations – which provide aggregating services for Open Banking protocols – is being overlooked, says Iain McDougall, Stripe’s UK & Ireland country manager. It comes at a time when parts of the banking community have reacted differently to Europe’s Payments... read more

Making private bankers more productive

20th November 2018

The transition to the use of digital tools in private banking is drawn by inefficiencies experienced by private bankers. If not dealt with, they will likely impact client satisfaction aside from making the private banker less productive. At the outset, qualified and experienced private bankers are very limited. And the problem is training private... read more

Capital markets participants look for fintech assistance

19th November 2018

According to a PwC report, 86% of banking and capital markets CEOs indicated that over regulation is their top concern, with the speed of technological change came a close second at 85%. A poll of the bobsguide audience conducted during a recent webinar, suggested many firms are looking to external service providers... read more

Google IPs redirected: Williams highlights risks of cloud for financial services

19th November 2018

Company: bobsguide
On November 12, a prefix leak resulted in Google’s IP addresses being redirected to ChinaTel, according to a bobsguide source. “While this is a redirection of IP addresses of Google’s data for search and cloud services, it would have been a different story if it had affected financial companies and particularly trades which are... read more

How technology is making bank fee analysis more efficient

19th November 2018

Company: BELLIN
Bank fee analysis remains a topic that is mundane yet extremely vital for treasurers. Essentially, bank fee analysis involves taking a meticulous look at your current and future fee structure from the relationships you have with banks and attempting to mitigate fees where possible. Traditionally, it was executed manually by generating reports and... read more

Outmuscling Stripe, PayPal and Adyen: new attitude vital for banks

19th November 2018

Company: TAS Group
The race to market domination is well and truly underway as fintechs rub elbows with established banks in the payments space. And the ideal conditions for fintechs seem to be converging to label 2019 a make or break year for the banks. From the regulators, a year on from PSD2, fintechs are now able to combine more and more insights from... read more

Feedzai’s Bizzaro: regulation a challenge for cybersecurity providers

19th November 2018

Company: bobsguide
The need to anonymize certain data because of regulations is providing an added challenge for cybersecurity providers, says Pedro Bizzaro, co-founder and chief science officer at Feedzai. “In some cases, when you have to anonymize let's say the name or the address of something, obviously if you are anonymising then there are some... read more

How to start using AI to combat money laundering

19th November 2018

According to a recent Europol report, combatting global money laundering continues to be a challenge. “The banks are spending $20bn a year to run the compliance regime … and we are seizing one percent of criminal assets every year in Europe”, Rob Wainwright, director of Europol told Politico recently. At an institutional... read more