Retail Banking Systems Insights
15th January 2018
Every time we open a banking app to make transactions or payments, Application Programming Interfaces or APIs come into play to connect to the bank servers. Though APIs function in the background, they directly impact how the apps or websites work, and are crucial to provide safe, secure and desirable banking services for the customers.
With a... read more
11th January 2018
2018 is a big year for financial services, with the second payment services directive – otherwise known as PSD2 – set to transform how consumers manage and spend their money. By forcing banks to share customer account and payment details with third parties – where authorised by the customer – the new... read more
10th January 2018
Traditional banking as we know it is undergoing some major changes. New compliance requirements, such as the Payment Services Directive version 2 (PSD2) and the European General Data Protection Regulation (GDPR) are handing more power back to the consumer, giving them more control over how and who they transact with and what happens to their... read more
9th January 2018
It has been well-documented that last year was the 50th anniversary of the first ATM installation in London. Tabloid newspapers across the world have speculated over the future of this self-service device, debating everything from integration with AI and robotics down to whether there really is a long-term future for these machines in our allegedly... read more
9th January 2018
The siloed nature of traditional banks means they risk falling behind financial technology firms under the revised Payment Services Directive (PSD2), a Feedzai executive has warned.
“We will fairly rapidly see many large technology companies seeking to become financial services brands, just like large retailers have before... read more
5th January 2018
Every new day dawns on anachronistic banking systems replete with crippled systems, manual work and a plethora of paperwork and spreadsheets. Weary bankers are saddled with mind-numbing work, having to put up with obsolete systems that are people and paper centric.
Many of these defunct systems are doctored by temporary... read more
5th January 2018
The financial services industry has entered the Age of the Customer -- in this era, the singular goal is to delight. With offerings that are faster, better and cheaper, new fintech entrants have the edge over traditional institutions who struggle to keep pace with consumers’ rising expectations around service. Yet this is not the first or... read more
3rd January 2018
Senior Program Manager of Blockchain at ING, Mariana Gomez de la Villa, spoke to bobsguide about receiving a personal email from Vitalik Buterin in response to her team’s ZKRP contribution to the blockchain ecosystem.
How did you come to be the Senior Program Manager of blockchain at ING?
I come from the payments world and never... read more
2nd January 2018
bobsguide sat down with Sarah Jackson, Director, Equiniti Credit Services to discuss what 2018 has in store for challenger banks.
Does the term ‘challenger bank’ mean the same thing it did three years ago?
The term has evolved. It used to mean any financial institution that wasn’t one of the high-street banks, but it... read more