Wholesale / Commercial Banking Systems Insights
21st June 2017
The volume of system end points continues to multiply as digitisation overhauls financial services’ processes. Increasing volumes of data, coupled with a growing need for more users to have access to data without time or location restrictions, has forced firms to rethink their authentication services.
Increased end points and more... read more
19th June 2017
Justin Coker, Vice President - EMEA at Skybox Security
It’s boom time for UK mergers and acquisitions — recent M&A activity stats from the ONS showed that the value of domestic M&A reached its highest value since 2008, with foreign M&A also reaching new levels. While this is a cause for celebration across many boardrooms... read more
26th May 2017
The age of waiting in line at your local bank branch is thankfully over. The banking industry went online in the early 2000s and we haven’t looked back since.
Competition between retail banks remains fierce, particularly as challenger banks and fintech players begin to take market share. In a low interest rate environment, and with bank... read more
23rd May 2017
To compete and innovate in a global, technology-driven economy, banks and financial institutions must make unprecedented amounts of data available for analysis and process billions of transactions in real and near real-time. To achieve this, many institutions are adopting cloud-based applications and outsourcing some of their data processing and... read more
19th May 2017
Undoubtedly the financial services industry is significantly affected by the fintech evolution. Alternative finance firms, digital and challenger banks, P2P lending platforms, as well as traditional banks, adopt new technologies in order to better serve their clients.
In a number of research materials, published over the past year, the need for... read more
18th May 2017
Many banks I talk to see regtech purely as a way to beat their competitors.
This is the opportunity sold to them by management consultants; advisors who trot out the line that regtech can “transform compliance into a competitive advantage”. In other words, regtech can help banks, and other regulated institutions, bash their... read more
16th May 2017
Marco Borza, CEO, Advantio
When it comes to PCI DSS compliance, most organizations consider it as a one-off task, something to complete – often only after the Acquiring Banks ask to do so – and forget about once the compliance has been validated. The problem is that compliance audits only prove best-practice during a snapshot in... read more
11th May 2017
Across the industry banks are increasingly generating early connections with start-up fintechs through incubator programmes. Now fintechs are following that trend, instead of acquiring start-ups that could bring some additional benefit their offerings, large banking software providers are partnering with smaller fintechs to offer their clients more... read more
10th May 2017
It’s been a calamitous few years for banking. Between unprecedented fines for non-compliance and the incessant onslaught of regulatory pressures, it’s been one controversial crisis after another.
Banks really need to get back to the business of banking. That means onboarding new clients, upselling and cross-selling more efficiently,... read more