Treasury Management Systems Insights
4th June 2018
At Money20/20, hosted this week in Amsterdam, Charlotte Hogg, CEO of VISA Europe apologised for the Visa outage that left many consumers and merchants unable to use the service.
Last Friday Visa reported an outage across UK and EU markets with millions affected.
“I’d like to start by saying sorry to our shareholders and card... read more
4th June 2018
Since the financial crash of 2008, banks have been reluctant to lend, and SMEs have had to jump through hoop after hoop, fighting to obtain finance. Whether they need cash to help buy stock or essential equipment, or to expand into new markets, at some point almost all SMEs will look for extra finance beyond their usual cashflow.
However,... read more
31st May 2018
"Hands up if you’re a subscriber to Netflix?" I asked at a conference in New York recently, and very nearly every single hand in the room went up. I then asked who was a Netflix stock holder, and a few hands were raised, mine included. So, for full disclosure, I am a stock holder of Netflix. This article isn’t intended to sell... read more
29th May 2018
Recent news that a Maersk company carried arms components from North Korea to Egypt - in violation of international sanctions - acts as a fresh warning for those facilitating global trade to be diligent in monitoring and reporting suspicious activity. The transportation of electrical components by a Maersk subsidiary, which had the potential to be... read more
25th May 2018
As consumer adoption of mobile and online commerce channels continues to grow, fraud losses are becoming a major pain point for mature markets. To address this security challenge, strong customer authentication will become mandatory in the European Union. Even without regulatory mandates, the problem is significant enough for providers to take... read more
25th May 2018
The deluge of regulations to have hit financial markets since the banking crisis has without a doubt completely reshaped the industry. As well as the burdensome nature of reporting obligations as regulators have attempted to create more transparent markets, capital requirements have fundamentally changed the makeup of each bank and lending... read more
24th May 2018
I recently met with the senior team of a large bank that is evaluating a conversion to a modern core banking system. They articulated an interesting perspective of how they viewed their “core processing”. This in turn resulted in us discussing what “core processing” really means to their bank.
Asking what “core... read more
23rd May 2018
Artificial intelligence has come on leaps and bounds in the past few years, with big data and cyber security adding much to financial service firms’ means of protection.
Here, bobsguide speaks with Nezar Nassr, technical product manager and Nasser Sweileh, head of financial crime and compliance risk, product development management, of... read more
21st May 2018
There are 1583 cryptocurrencies listed on coinmarketcap.com. That is more than all the different types of fiat currencies in the world. The question many people ask is, why are there so many of them? Just nine years ago, there was only Bitcoin. Now we have a cryptocurrency in virtually every sector of the economy.
All these... read more
18th May 2018
Determining what matters most when choosing a software vendor for your project is like asking what matters most when buying a new car. The answer is likely to be, “it depends.” It depends on whom you ask. It depends on budget, needs, goals and sensibilities. So, where do you begin and what are the most important considerations?
First... read more