Wholesale / Commercial Banking Systems Insights
22nd January 2018
Lisa Shields, CEO of FI.SPAN and former founder of Hyperwallet, spoke to bobsguide about how she groups fintechs into services and the ease with which banks can access them through APIs. Think Android app store but for banks.
Tell us about FI.SPAN.
I’m responsible for founding, building and running a full-stack fintech... read more
22nd January 2018
Ten years after the financial crash that led to the Great Recession, experts still don’t agree on which factors were most important in causing it, and consequently what should be done to prevent a repetition.
Rick A. Fleming, the investor advocate at the SEC, summarised the impact of the crisis: “About four million families had lost... read more
18th January 2018
As with every New Year, January marks a particularly busy month for two sets of professionals: personal trainers and accountants. Gyms are at their busiest at the beginning of each year, packed with people wishing to stick to their New Year’s resolution to lose weight. Accountants, on the other hand, are spending many hours in the office... read more
12th January 2018
Four little letters bely the huge impact that PSD2 will set on the banking world. It spells a new era in how we perceive data whilst also encouraging (or dragging) the banking industry to fully embrace the brave, new digital world and all its benefits (and pitfalls).
Depending on who you talk to, PSD2 will lead to bank... 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
10th January 2018
Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased opportunities for improved customer centricity;... 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
4th January 2018
With any and all significant legislation, the industry have voiced their opinions on MiFID II as the deadline came and went. The concerns, challenges and expectations from various industry leaders have been collated below.
Yesterday, January 3, marked the seven year wait for the sequel legislation that builds upon the groundwork... 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