Insights

/images/news/78045.jpg

Insurance incumbents going through “Janus moment” despite rigid structures

22nd October 2018

Company: bobsguide
The real-time underwriting space provides a great opportunity for insurance market participants, an audience at this year’s Money2020 conference heard. But while current “rigid” corporate structures among incumbents are holding those players back, the industry is facing a pivotal moment in embracing new technologies. Scott... read more
/images/news/78044.jpg

2018 bobsguide Software Rankings open for voting!

22nd October 2018

Company: bobsguide
At bobsguide we value insights from the market.   Now, with the 2018 Software Rankings, we’re asking those who engage with the fintech community - financial services and corporates – to put forward those software vendors they consider to be providing outstanding service.   If you’re working with a fintech... read more
/images/news/78043.jpg

Ethereum co-founder: Decentralise central banks to foster greater trust

22nd October 2018

Company: bobsguide
The world's central banks should consider a decentralised approach to economic management, said Ethereum blockchain co-founder and current CEO of ConsenSys, Joseph Lubin, at Sibos 2018 in Sydney.  “I see physical cash as fundamentally analogue in that it represents a central bank’s issuance which is... read more
/images/news/78040.jpg

FCA: Regtechs must be realistic about their capabilities

22nd October 2018

Company: bobsguide
Regtech organisations need to be honest about their capabilities, according to Nick Cook, head of regtech and advanced analytics at the UK's Financial Conduct Authority (FCA), during a panel discussion at this year’s Money20/20. “Regtech was a convenient new buzzword, a couple of years ago. And I think we saw some early... read more
/images/news/ecosystem-orchestration-78039.jpg

Finastra CTO: Data is the "big play" in firm’s new SaaS payment solution

22nd October 2018

Company: Finastra
Finastra revealed its cloud-based instant payments offering for small and mid-sized banks at Sibos 2018 today, in Sydney, Australia. The Fusion Global PAYplus packaged solution - which has a release date of Q2 next year - will enable tier three and four financial institutions in the EU and US to enjoy the benefits... read more
/images/news/78037.jpg

AI to reshape rather than replace finance workforce

21st October 2018

Company: bobsguide
The job market within the financial service sector is set for a significant shift as the revolution in artificial intelligence (AI) reshapes processes and roles, a panel told its audience at this year’s Money20/20. For Gregory Simpson, senior vice president and chief technology officer at Synchrony, while the workforce will change there... read more
/images/news/78036.jpg

The loyalty penalty – will it prove an expensive own goal for banks?

21st October 2018

The news that the UK's Citizens Advice Bureau (CAB) has filed a super-complaint with the Competition and Markets Authority (CMA) over what it describes as a £4bn ‘loyalty penalty’ will have sent shockwaves across impacted markets. The CAB calculates that the loyalty penalty across mortgages, savings, home insurance, mobile and... read more
/images/news/78038.jpg

US states to proactively regulate fintech market

21st October 2018

Company: bobsguide
State regulators are to take a more hands-on approach to regulating and engaging with financial technology developments, according to Chris Camacho, president and CEO of the Greater Phoenix Economic Council, who was speaking as part of a panel at this year’s Money20/20. “I can’t reinforce this enough: I believe you’re... read more
/images/news/Agile-FIs-78035.jpg

Incumbent FIs attempt to create agile operations

19th October 2018

Many large, global financial services institutions are facing mounting pressure from new, tech-first competitors. The continued rise of fintech, the emergence of Open Banking and a desire by regulators to promote a more competitive financial services market have all led to real change in the banking industry. Companies which have historically... read more