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AFME, Protiviti report maps out barriers to wider cloud adoption
Banking

AFME, Protiviti report maps out barriers to wider cloud adoption

2h | By Anjali Kochhar

AFME, Protiviti report maps out barriers to wider ...

The Association for Financial Markets in Europe (AFME) has outlined some key the potential key regulatory barriers to a more far-reaching adoption of ...

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EBA paves the way for tighter scrutiny of digital platforms
Payments

EBA paves the way for tighter scrutiny of digital platforms

1d | By Anjali Kochhar

EBA paves the way for tighter scrutiny of digital ...

The European Banking Authority (EBA) laid the groundworks for tighter supervision and regulation of digital platforms on Tuesday, warning “the speed o...

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US government ready to roll out the big guns against crypto ransomware payments
Payments

US government ready to roll out the big guns against crypto ransomware payments

2d | By Mohamed Dabo

US government ready to roll out the big guns again...

The US government is setting out on the warpath to dismantle the digital finance infrastructure that supports ransomware cyberattacks, with guidelines...

View article
Surge in digital coins', DeFi's market share heightens pressure for CBDC development
Payments

Surge in digital coins', DeFi's market share heightens pressure for CBDC development

5d | By Jeremy Chan, Journalist

Surge in digital coins', DeFi's market share heigh...

The growth of crypto-assets, stable coins and decentralised finance (Defi) is ramping up pressure on global central banks to develop a government-back...

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NY Fed's vice president urges industry to move faster on Libor transition
Banking

NY Fed's vice president urges industry to move faster on Libor transition

6d | By Jeremy Chan, Journalist

NY Fed's vice president urges industry to move fas...

The Federal Reserve Bank of New York’s vice president called upon the financial sector to focus squarely on the 2021 deadline as the endgame for...

View article
SEC regulator, ESMA at odds over money market funds’ rule tightening
Asset management

SEC regulator, ESMA at odds over money market funds’ rule tightening

1w | By Anna Brunetti

SEC regulator, ESMA at odds over money market fund...

Risks that the US and EU regulatory stance on money market funds (MMFs) might bifurcate in opposite directions are on the rise after Securities and Ex...

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Legacy data sets holding back FI AML compliance teams
Banking

Legacy data sets holding back FI AML compliance teams

1w | By Aoife Morgan, Journalist

Legacy data sets holding back FI AML compliance te...

The fast-pace changes taking place in the anti-money laundering (AML) regulatory landscape, partially prompted by the scale of money laundering scanda...

View article
IOSCO calls on asset managers and intermediaries for stronger AI and ML processes
Asset management

IOSCO calls on asset managers and intermediaries for stronger AI and ML processes

2w | By Anjali Kochhar

IOSCO calls on asset managers and intermediaries f...

Amid the increased use of Artificial Intelligence (AI) and Machine Learning (ML) by asset managers and market intermediaries, the International Organi...

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Tech companies' unregulated financial data business creating substantial market distortions, industry warns
Banking

Tech companies' unregulated financial data business creating substantial market distortions, industry warns

2w | By Anna Brunetti

Tech companies' unregulated financial data busines...

Tech companies’ increasingly heavy rotation into the financial sector is creating market distortions in data service provision and pricing, leading in...

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AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations
Banking

AFME, Capco warn against ‘localising' effects of regulations aimed at banks’ increasingly global operations

2w | By Anjali Kochhar

AFME, Capco warn against ‘localising' effects of r...

Amid an ongoing debate as to whether banks should fully embrace a global operational approach or rather opt for sharper localisation, the Association ...

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Mid-sized market at risk of missing out on funding due to lack of ESG strategy
Asset management

Mid-sized market at risk of missing out on funding due to lack of ESG strategy

3w | By Aoife Morgan, Journalist

Mid-sized market at risk of missing out on funding...

Mid-sized businesses falling behind on ESG agendas are at risk of missing out on a new batch of funding as lenders become more selective and ESG-focus...

View article
Pandemic-led AP workarounds unfit for future of hybrid working, adviser warns
Payments

Pandemic-led AP workarounds unfit for future of hybrid working, adviser warns

3w | By Jeremy Chan, Journalist

Pandemic-led AP workarounds unfit for future of hy...

Companies’ AP function needs to adopt more digital and automated solutions as the pandemic laid bare the inefficiencies of manual and paper-based proc...

View article
Buoyed by ARRC’s stamp of approval, term Sofr rates may bypass much of the market’s need for CSRs
Banking

Buoyed by ARRC’s stamp of approval, term Sofr rates may bypass much of the market’s need for CSRs

4w | By Jeremy Chan and Anna Brunetti

Buoyed by ARRC’s stamp of approval, term Sofr rate...

The term Sofr rate recently endorsed by the US Alternate Reference Rate Committee (ARRC) – a private working group commissioned by the Federal R...

View article
Paytech market updates: Klarna, PayPal and ACI Worldwide lead in collaborations
Payments

Paytech market updates: Klarna, PayPal and ACI Worldwide lead in collaborations

4w | By Aoife Morgan, Journalist

Paytech market updates: Klarna, PayPal and ACI Wor...

PayPal, on August 23, launched a new service enabling customers in the UK to buy, hold and sell cryptocurrency. The announcement is the first step of ...

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Are global investors finally rising to the ESG challenge?
Asset management

Are global investors finally rising to the ESG challenge?

1m | By Beth Holmes

Are global investors finally rising to the ESG cha...

As one of the key parties called into question by the global sustainability debate, one could argue the financial services industry has, historically,...

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In the middle reign of the Real-Time-Payments story, firms are still searching for a strong investment case
Payments

In the middle reign of the Real-Time-Payments story, firms are still searching for a strong investment case

1m | By Jeremy Chan, Journalist

In the middle reign of the Real-Time-Payments stor...

Each business will have to single out its strongest use case for RTP adoption - with smaller firms in pole position, says McKinsey Read More...

View article
US, UK treasurers set to benefit from better returns on short-term investments, with interest rate hikes expected next year
Treasury

US, UK treasurers set to benefit from better returns on short-term investments, with interest rate hikes expected next year

1m | By Liz Salecka

US, UK treasurers set to benefit from better retur...

Corporate treasuries in the US and UK could soon benefit from improved returns on their short-term investments, as historically low interest rates are...

View article
Video: The future of financial services post-Brexit, a chat with KPMG's Kay Swinburne
Financial Services

Video: The future of financial services post-Brexit, a chat with KPMG's Kay Swinburne

1m | By Aaran Fronda, Deputy Editor

Video: The future of financial services post-Brexi...

Kay Swinburne, vice chair of financial services at KPMG UK speaks to bobsguide about how greater capital market fragmentation could hinder the EU's CM...

View article
EU anti-money laundering proposals already pushing crypto business away, warn advisors
Asset management

EU anti-money laundering proposals already pushing crypto business away, warn advisors

2m | By Aoife Morgan, Journalist

EU anti-money laundering proposals already pushing...

Financial sector advisors are warning that the European Commission’s plans to crack down on the crypto sector, bringing crypto exchanges and service p...

View article
Global financial bodies unveil transition to single Common Domain Model
Trading & brokering

Global financial bodies unveil transition to single Common Domain Model

2m | By Anna Brunetti

Global financial bodies unveil transition to singl...

Global financial markets associations revealed on Monday they’re working on a shared, cross-sector Common Domain Model (CDM) that would enable investo...

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Unravelling Open Banking’s Complexities
Payments

Unravelling Open Banking’s Complexities

2m | By Christoph Berentzen

Unravelling Open Banking’s Complexities

Christoph Berentzen, head of API banking at Commerzbank, examines the various forms that open banking can take and the challenges that bank-fintech co...

View article
Too Many Shades of Green: EU Quashes Industry Expectations by Ratifying Full Extra-Territorial Effects of SFDR
Asset management

Too Many Shades of Green: EU Quashes Industry Expectations by Ratifying Full Extra-Territorial Effects of SFDR

2m | By Attilio Veneziano, Contributing Columnist

Too Many Shades of Green: EU Quashes Industry Expe...

Dissipating any long-standing doubt over on the extraterritorial effects of ESG disclosures, the European Commission clarified on Tuesday that third-c...

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Treasury tech update: Broadridge, Kyriba and more
Treasury

Treasury tech update: Broadridge, Kyriba and more

2m | By Jeremy Chan, Journalist

Treasury tech update: Broadridge, Kyriba and more

  (July 1) Broadridge has acquired cloud-based execution compliance and surveillance service assets from Jordan & Jordan. The acquisition wil...

View article
MMFs to come under shadow banking, CRD 4 reporting rules as EU rushes to tighten scrutiny on the sector
Asset management

MMFs to come under shadow banking, CRD 4 reporting rules as EU rushes to tighten scrutiny on the sector

2m | By Tom Lemmon, Reporter

MMFs to come under shadow banking, CRD 4 reporting...

Money market funds (MMFs) will be considered as shadow banking entities and fall under the relevant banking regulations at least until European lawmak...

View article
Mifid II fines more than quadruple in 2020 as national regulators turbo-charge enforcement
Asset management

Mifid II fines more than quadruple in 2020 as national regulators turbo-charge enforcement

2m | By Tom Lemmon, Reporter

Mifid II fines more than quadruple in 2020 as nati...

Penalties linked to breaches of Mifid II reporting requirements more than quadrupled in 2020 as European member states fully switched to enforcement m...

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Paytech market updates: HPS, Klarna and Verizon lead in partnerships
Payments

Paytech market updates: HPS, Klarna and Verizon lead in partnerships

2m | By Aoife Morgan, Journalist

Paytech market updates: HPS, Klarna and Verizon le...

On July 16, Zwipe and ICPS announced its partnership to bring Zwipe’s biometric payment cards to banks across Africa and Asia. The cards will have a f...

View article
Banking tech market updates: Oracle, Revolut and more
Banking

Banking tech market updates: Oracle, Revolut and more

2m | By Sam Alberti, Reporter

Banking tech market updates: Oracle, Revolut and m...

Monthly updates on the standout tech developments in banking Read More...

View article
Data-heavy EU ESG reporting will cause hefty burden for firms, says Fitch director
Asset management

Data-heavy EU ESG reporting will cause hefty burden for firms, says Fitch director

2m | By Tom Lemmon, Reporter

Data-heavy EU ESG reporting will cause hefty burde...

Upcoming EU reporting requirements on ESG will be a costly and burdensome process, particularly for SMEs, according to Fitch Ratings director of ESG r...

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Moving one more step away from the EU, the FCA opts for global standards on climate-related disclosures
Asset management

Moving one more step away from the EU, the FCA opts for global standards on climate-related disclosures

2m | By Attilio Veneziano, Contributing Columnist

Moving one more step away from the EU, the FCA opt...

From advocating a more proportional approach in the application of Mifid to smaller firms, to an ill-concealed criticism of the EU’s already infamous ...

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‘Golden thread’ of coordination from government and regulators needed to support UK fintech
Banking

‘Golden thread’ of coordination from government and regulators needed to support UK fintech

2m | By Tom Lemmon, Reporter

‘Golden thread’ of coordination from government an...

The UK government and regulators must show greater leadership to make London a place for fintechs of all shapes and sizes to thrive in, according to C...

View article
Kalifa: Stronger open banking and consumer data measures would speed up fintech transformation
Banking

Kalifa: Stronger open banking and consumer data measures would speed up fintech transformation

2m | By Tom Lemmon, Reporter

Kalifa: Stronger open banking and consumer data me...

With the help of open banking regulations, fintech can have a “transformational” impact on society, according to Ron Kalifa OBE. The author of the hig...

View article
BlackRock MD: Fintech can plug data gaps in green finance
Asset management

BlackRock MD: Fintech can plug data gaps in green finance

2m | By Tom Lemmon, Reporter

BlackRock MD: Fintech can plug data gaps in green ...

Fintechs could be critical in tackling the “number one” problem in green investing by developing technologies that can better report and analyse green...

View article
Single price for carbon a must, CME says as ISDA calls for faster regulatory engagement
Trading & brokering

Single price for carbon a must, CME says as ISDA calls for faster regulatory engagement

2m | By Jeremy Chan, Journalist

Single price for carbon a must, CME says as ISDA c...

A single price on carbon is needed to further scale up the carbon offset market and provide confidence that offsets are fair-value products, CME’...

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Financial institutions blocking regtech progress despite new regulatory efforts, analyst warns
Asset management

Financial institutions blocking regtech progress despite new regulatory efforts, analyst warns

3m | By Tom Lemmon, Reporter

Financial institutions blocking regtech progress d...

Increased regulatory endeavours to acknowledge the growing regtech industry will fall flat if investment banks and other financial players keep shunni...

View article
Bloomberg confident in soundness of BSBY as regulators turn up the heat on credit-sensitive rates
Banking

Bloomberg confident in soundness of BSBY as regulators turn up the heat on credit-sensitive rates

3m | By Jeremy Chan, Journalist

Bloomberg confident in soundness of BSBY as regula...

Slow transition to RFRs for USD causing concern as regulators warn market away from alternate rates Read More...

View article
FCA takes up call for post-Brexit listing and fintech reform
Asset management

FCA takes up call for post-Brexit listing and fintech reform

3m | By Tom Lemmon, Reporter

FCA takes up call for post-Brexit listing and fint...

The UK’s Financial Conduct Authority (FCA) launched a consultation on primary markets reforms today, stepping up its efforts to boost post-Brexit ince...

View article
Sustainable investing must go beyond ESG
Asset management

Sustainable investing must go beyond ESG

3m | By Tom Lemmon, Reporter

Sustainable investing must go beyond ESG

Environmental, Social and Governance (ESG) investing is a helpful step forward, but truly sustainable investing and green fund management must proacti...

View article
We need oil and gas companies at the climate change table, warns Bain & Company
Asset management

We need oil and gas companies at the climate change table, warns Bain & Company

3m | By Tom Lemmon, Reporter

We need oil and gas companies at the climate chang...

Incumbent firms in the energy markets need better access to capital, particularly from ESG investors, if the global shift towards greener energy sourc...

View article
FCA, CFTC: More post-pandemic coordination needed on financial sector standards
Banking

FCA, CFTC: More post-pandemic coordination needed on financial sector standards

3m | By Jeremy Chan, Journalist

FCA, CFTC: More post-pandemic coordination needed ...

Regulators from Europe, the US and Japan called for stronger and faster cooperation on key aspects of global financial sector standards. Directors fro...

View article
IOSCO chair urges global cooperation on ESG rules as EU unveils next steps
Banking

IOSCO chair urges global cooperation on ESG rules as EU unveils next steps

3m | By Tom Lemmon, Reporter

IOSCO chair urges global cooperation on ESG rules ...

Governments and regulators across the world must step up collaboration to provide full clarity and inter-operability on ESG reporting, warned Ashley A...

View article
Kalifa Review welcomed by incumbents, but ‘real test’ is implementation
Asset management

Kalifa Review welcomed by incumbents, but ‘real test’ is implementation

3m | By Aaran Fronda, Deputy Editor

Kalifa Review welcomed by incumbents, but ‘real te...

The recommendations outlined in the Kalifa Review have been well-received by incumbent financial institutions eager to partner and invest in the secto...

View article
BoE’s CBDC director: Stable coins need to offer 'equivalent protection' to paper money
Payments

BoE’s CBDC director: Stable coins need to offer 'equivalent protection' to paper money

3m | By Aoife Morgan, Journalist

BoE’s CBDC director: Stable coins need to offer 'e...

As central banks explore the use of stable coins, the introduction of digital currencies “would have to offer equivalent protection to existing pools ...

View article
Equivalence hopes on financial rules fade as EU slams UK’s lack of commitment
Banking

Equivalence hopes on financial rules fade as EU slams UK’s lack of commitment

3m | By Tom Lemmon, Reporter

Equivalence hopes on financial rules fade as EU sl...

Prospects for a EU-UK equivalence agreement on financial services regulation appeared to ebb away after EU commissioner Mairead McGuinness criticised ...

View article
Paytech market updates: Visa, Goldman Sachs and Yappily enhance B2B payments
Payments

Paytech market updates: Visa, Goldman Sachs and Yappily enhance B2B payments

3m | By Aoife Morgan, Journalist

Paytech market updates: Visa, Goldman Sachs and Ya...

ImageNPay, on June 15, announced its virtual prepaid digital card is now available on Apple Pay enabling customers to add it to their digital wallet. ...

View article
Too many firms still missing the mark on Mifid II and EMIR, financial advisor warns
Asset management

Too many firms still missing the mark on Mifid II and EMIR, financial advisor warns

3m | By Tom Lemmon, Reporter

Too many firms still missing the mark on Mifid II ...

A striking majority of financial firms assessed by financial advisor ACA Group are filing inaccurate data reports, falling short of requirements from ...

View article
Banking tech market updates: JPMorgan Chase, Société Générale and BoA in new tech ventures
Banking

Banking tech market updates: JPMorgan Chase, Société Générale and BoA in new tech ventures

3m | By Sam Alberti, Reporter

Banking tech market updates: JPMorgan Chase, Socié...

Monthly updates on the standout tech developments in banking Read More...

View article
Pressure mounts on SEC to scrap liquidity-based gates and fees on money market funds
Banking

Pressure mounts on SEC to scrap liquidity-based gates and fees on money market funds

3m | By Sam Alberti, Reporter

Pressure mounts on SEC to scrap liquidity-based ga...

Pandemic-driven runs on prime MMFs strengthen the case for ‘delinking’ redemption curbs from asset liquidity Read More...

View article
Basel III preventing banks from fuelling EU’s green economy, Deutsche Bank and BNP warn
Banking

Basel III preventing banks from fuelling EU’s green economy, Deutsche Bank and BNP warn

3m | By Tom Lemmon, Reporter

Basel III preventing banks from fuelling EU’s gree...

Capital requirements for banks risk stifling their ability to finance the transformation of European economies onto a green footing, Deutsche Bank CEO...

View article
Crypto regulation could give UK competitive edge post-Brexit
Banking

Crypto regulation could give UK competitive edge post-Brexit

3m | By Tom Lemmon, Reporter

Crypto regulation could give UK competitive edge p...

The UK has a “golden opportunity” to become the crypto centre of the world post-Brexit, but regulators must act quickly to provide a safe framework fo...

View article
BoE and BIS open London innovation hub
Banking

BoE and BIS open London innovation hub

3m | By Jeremy Chan, Journalist

BoE and BIS open London innovation hub

New hub to help central banks tackle challenges brought about by new tech and market trends Read More...

View article
Q&A: Delta Capita’s Trevor Belstead on platform banking, industry trends and growing brand value
Banking

Q&A: Delta Capita’s Trevor Belstead on platform banking, industry trends and growing brand value

3m | By Aoife Morgan, Journalist

Q&A: Delta Capita’s Trevor Belstead on platform ba...

As the banking industry becomes more customer-centric and digitalised post-pandemic, so will its product offerings. With banking-as-a-platform already...

View article
Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn
Banking

Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn

3m | By Jeremy Chan, Journalist

Cross-border interoperability will be a key test f...

Internationalisation of CBDC a major design consideration Read More...

View article
Pandemic-led digital transformation turbo-charges the reshaping of insurance landscape
Insurance

Pandemic-led digital transformation turbo-charges the reshaping of insurance landscape

4m | By Valerie Hart

Pandemic-led digital transformation turbo-charges ...

Unsurprisingly, the pace of digitalisation throughout the insurance industry accelerated during the pandemic as everyone was suddenly forced to work r...

View article
Citibank: We’re moving into a 24/7 payment environment
Treasury

Citibank: We’re moving into a 24/7 payment environment

4m | By Aoife Morgan, Journalist

Citibank: We’re moving into a 24/7 payment environ...

Bank treasuries rushing to build up real-time payment (RTP) resources may stumble upon several hurdles, market participants warned, as they face mount...

View article
FISMA director-general: Weak economy no excuse for postponing Basel III
Banking

FISMA director-general: Weak economy no excuse for postponing Basel III

4m | By Jeremy Chan, Journalist

FISMA director-general: Weak economy no excuse for...

Top FISMA civil servant says structural reforms should not be dependent on economic outlook Read More...

View article
UK payment providers push ahead with SCA
Payments

UK payment providers push ahead with SCA

4m | By Rob Griffin

UK payment providers push ahead with SCA

Payment providers operating in the UK are still planning to introduce Strong Customer Authentication (SCA) this year – despite regulators giving them ...

View article
Video: Fintech to become future of financial services, says Kalifa
Payments

Video: Fintech to become future of financial services, says Kalifa

4m | By Tom Lemmon, Reporter

Video: Fintech to become future of financial servi...

 The UK’s role in the financial services ecosystem has been uncertain since the Brexit vote in 2016, but with Brexit finally complete, the UK governm...

View article
Bailey: Combination of reforms needed to tackle ‘dangerous’ money market funds
Banking

Bailey: Combination of reforms needed to tackle ‘dangerous’ money market funds

4m | By Tom Lemmon, Reporter

Bailey: Combination of reforms needed to tackle ‘d...

Pandemic revealed MMFs are still not resilient enough despite regulatory tightening since 2008 crisis Read More...

View article
Wells Fargo set for FedNow pilot testing
Banking

Wells Fargo set for FedNow pilot testing

4m | By Aoife Morgan, Journalist

Wells Fargo set for FedNow pilot testing

Issues for instant payments for corporates still need to be addressed Read More...

View article
Banks: Investors need to know ESG factors to stay relevant
Banking

Banks: Investors need to know ESG factors to stay relevant

4m | By Aoife Morgan, Journalist

Banks: Investors need to know ESG factors to stay ...

Fintechs who leverage AI will drive ESG data maturity Read More...

View article
CFTC’s Behnam: Tail risks “seem to be happening more frequently”
Trading & brokering

CFTC’s Behnam: Tail risks “seem to be happening more frequently”

4m | By Jeremy Chan, Journalist

CFTC’s Behnam: Tail risks “seem to be happening mo...

Regulators and markets should be prepared for tail risks as they appear to be occurring more frequently. “We have to be prepared for tail risk.” said ...

View article
ARRC and FCA “optimistic” markets can meet Libor deadline
Trading & brokering

ARRC and FCA “optimistic” markets can meet Libor deadline

4m | By Jeremy Chan, Journalist

ARRC and FCA “optimistic” markets can meet Libor d...

Both market participants and regulators are optimistic the transition to risk free rates (RFR) can be implemented before the December deadline of new ...

View article
FCA crackdown on high-risk retail investment products
Trading & brokering

FCA crackdown on high-risk retail investment products

5m | By Tom Lemmon, Reporter

FCA crackdown on high-risk retail investment produ...

The UK’s Financial Conduct Authority (FCA) is stepping up its efforts to protect retail investors by  encouraging caution around “inappropriate high-r...

View article
Exclusive live interview with Ron Kalifa

Exclusive live interview with Ron Kalifa

5m | bobsguide

Exclusive live interview with Ron Kalifa

Don't miss this exciting behind the scenes look at the UK Fintech Strategic Kalifa Review. Ron Kalifa, OBE, was invited by the Chancellor of the E...

View article
SEC clampdown on SPACs to bring maturity to market
Trading & brokering

SEC clampdown on SPACs to bring maturity to market

5m | By Aoife Morgan, Journalist

SEC clampdown on SPACs to bring maturity to market

New accounting rules slow down fintech SPAC activity Read More...

View article
Banking tech market updates: Microsoft and Mastercard in new strategic partnerships
Banking

Banking tech market updates: Microsoft and Mastercard in new strategic partnerships

5m | By Sam Alberti, Reporter

Banking tech market updates: Microsoft and Masterc...

On April 22, US Fintech Ally announced a partnership with Microsoft to advance quantum computing in the financial services industry. The strategic rel...

View article
A surge in payments trends: FIs forced to pivot quickly during pandemic
Payments

A surge in payments trends: FIs forced to pivot quickly during pandemic

5m | By Aoife Morgan, Journalist

A surge in payments trends: FIs forced to pivot qu...

The pandemic has reinforced the need for industry to be agile and adaptable Read More...

View article
Survey: Volatility in investment banking explored

Survey: Volatility in investment banking explored

5m | By Tom Lemmon, Reporter

Survey: Volatility in investment banking explored

While markets have broadly recovered from the shock of the coronavirus pandemic, uncertainty about the future and volatility has remained. At Bobsguid...

View article
Yellen, Sunak push for transparency around climate financing
Asset management

Yellen, Sunak push for transparency around climate financing

5m | By Jeremy Chan, Journalist

Yellen, Sunak push for transparency around climate...

As President Joe Biden is set to host a two-day climate summit starting today, the US treasury secretary and UK chancellor stressed the need for finan...

View article
Paytech market updates: Paypal, Afterpay and Stripe lead innovations
Payments

Paytech market updates: Paypal, Afterpay and Stripe lead innovations

5m | By Aoife Morgan, Journalist

Paytech market updates: Paypal, Afterpay and Strip...

Monthly updates on the standout tech developments in payments Read More...

View article
Finding the right technology partner for your innovation roadmap
Banking

Finding the right technology partner for your innovation roadmap

5m | By Aoife Morgan, Journalist

Finding the right technology partner for your inno...

Consumers today are in the driving seat. Bolstered by the incoming waves of digital natives and growing digital confidence among boomers and Gen X con...

View article
AIC: Regulators must act on Esma review
Asset management

AIC: Regulators must act on Esma review

5m | bobsguide

AIC: Regulators must act on Esma review

Action must be taken following the European Securities and Markets Authority (Esma)’s review into Ucits liquidity risk management and market practices...

View article
Concerns over insider trading mount
Trading & brokering

Concerns over insider trading mount

6m | bobsguide

Concerns over insider trading mount

Insider trading must be tackled by regulators to provide a fairer market for small shareholders, particularly since the pandemic caused record levels ...

View article
Bank RPA market set for boom
Banking

Bank RPA market set for boom

6m | bobsguide

Bank RPA market set for boom

Banks are becoming increasingly reliant on robotic process automation (RPA) technology – a trend that is expected to become more entrenched. Acc...

View article
Report: Hedge funds building tech stacks in-house as vendor bearings change course
Trading & brokering

Report: Hedge funds building tech stacks in-house as vendor bearings change course

6m | By Tom Lemmon, Reporter

Report: Hedge funds building tech stacks in-house ...

Hedge funds are increasingly looking to high-tech, quantitative methods to beat the competition, which in turn is changing how tech vendors place them...

View article
Digital financial services require accessibility, convenience and transparency
Payments

Digital financial services require accessibility, convenience and transparency

6m | By Jeremy Chan, Journalist

Digital financial services require accessibility, ...

Seamless integration of financial services key to customer conversion and retention, according to panelists at the BIS Innovation Summit Read More...

View article
Banks and brokers encourage second EU research unbundling
Banking

Banks and brokers encourage second EU research unbundling

6m | By Aoife Morgan, Journalist

Banks and brokers encourage second EU research unb...

Despite asset managers looking to negotiate prices down for specific areas of research after the second Markets in financial infrastructure directive ...

View article
Payments Europe sec gen: Regs are more political than ever
Payments

Payments Europe sec gen: Regs are more political than ever

6m | By Sam Alberti, Reporter

Payments Europe sec gen: Regs are more political t...

Secretary general of payments industry body wary that bureaucracy is dominating the space this year Read More...

View article
Fixed income traders lean on automation
Trading & brokering

Fixed income traders lean on automation

6m | By Aoife Morgan, Journalist

Fixed income traders lean on automation

The average daily volume for fixed income electronic trading reached a new record of $10.6bn in January surpassing the previously set record of $10.3b...

View article
Paytech market updates: TrueLayer, Afterpay and Intuit lead in integrations
Payments

Paytech market updates: TrueLayer, Afterpay and Intuit lead in integrations

6m | By Aoife Morgan, Journalist

Paytech market updates: TrueLayer, Afterpay and In...

Monthly updates on the standout tech developments in payments Read More...

View article
Real-time data key to ESG analytics
Treasury

Real-time data key to ESG analytics

6m | By Aaran Fronda, Deputy Editor

Real-time data key to ESG analytics

Private organisations do not have the same degree of transparency as their public counterparts, making it more challenging to access environmental, so...

View article
“Right time” for CBDC to be considered, says BoE senior manager
Banking

“Right time” for CBDC to be considered, says BoE senior manager

6m | By Leanna Reeves, Journalist

“Right time” for CBDC to be considered, says BoE s...

The Bank of England (BoE) reiterated its ambition to introduce a Central Bank Digital Currency (CBDC) to improve the payment landscape’s resilie...

View article
Budget 2021: Fintech omission disappoints
Payments

Budget 2021: Fintech omission disappoints

7m | By Tom Lemmon, Reporter

Budget 2021: Fintech omission disappoints

Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on...

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Fintechs praise Kalifa Review but await government response
Banking

Fintechs praise Kalifa Review but await government response

7m | By Tom Lemmon, Reporter

Fintechs praise Kalifa Review but await government...

Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to...

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Evolution of fintechs prevents Brexit headaches
Payments

Evolution of fintechs prevents Brexit headaches

7m | By Tom Lemmon, Reporter

Evolution of fintechs prevents Brexit headaches

UK-based fintechs have largely been shielded from any negative Brexit side-effects by working with larger financial institutions and evolving their bu...

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Bank consultants question incumbents’ move into digital space
Banking

Bank consultants question incumbents’ move into digital space

7m | By Aaran Fronda, Deputy Editor

Bank consultants question incumbents’ move into di...

JPMorgan Chase recently announced it will offer UK consumers “a completely new banking choice” with the launch of its new digital challenger later thi...

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Starling’s CTA: Tech culture key to client confidence
Banking

Starling’s CTA: Tech culture key to client confidence

7m | By Leanna Reeves, Journalist

Starling’s CTA: Tech culture key to client confide...

Challenger banks’ cultural approach to technology and data analytics have become vital components in ensuring consumer confidence over online banking,...

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Paytech market updates: Visa, Mastercard and TrueLayer boost payments
Payments

Paytech market updates: Visa, Mastercard and TrueLayer boost payments

7m | By Aoife Morgan, Journalist

Paytech market updates: Visa, Mastercard and TrueL...

Monthly updates on the standout tech developments in payments Read More...

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Growing ESG data and tech markets becoming integral to sustainable finance
Treasury

Growing ESG data and tech markets becoming integral to sustainable finance

8m | By Aaran Fronda, Deputy Editor

Growing ESG data and tech markets becoming integra...

Global inflows into sustainable funds were up 88 percent in Q4 2020 to $152.3bn compared with the same period in 2019, with Europe continuing to domin...

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GameStop ‘hysteria’ wont spark social media analytics boom
Trading & brokering

GameStop ‘hysteria’ wont spark social media analytics boom

8m | By Tom Lemmon, Reporter

GameStop ‘hysteria’ wont spark social media analyt...

Using data and analytics to scrape social media sites to combat the influence Reddit pages like r/wallstreetbets have had over markets in recent weeks...

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Calls for CRM to include PISPs and electronic money issuers
Payments

Calls for CRM to include PISPs and electronic money issuers

8m | By Aoife Morgan, Journalist

Calls for CRM to include PISPs and electronic mone...

Forty-one percent of authorised push payment (APP) scams have been reimbursed since the introduction of the Contingent Reimbursement Model (CRM) but “...

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Capital One reiterates AML investment following FinCEN fine
Banking

Capital One reiterates AML investment following FinCEN fine

8m | By Leanna Reeves, Journalist

Capital One reiterates AML investment following Fi...

This month, the Financial Crimes Enforcement Network (FinCEN) fined Capital One $390m for violating the Bank Secrecy Act (BSA) and failing to comply w...

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Unresponsive bank APIs causing open banking challenges
Payments

Unresponsive bank APIs causing open banking challenges

8m | By Aoife Morgan, Journalist

Unresponsive bank APIs causing open banking challe...

Unreliable payment rails still pose a challenge for third party providers, according to Luke Massie, CEO of VibePay. Problems with the technical infra...

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Bobsguide Rankings 2020 announced
Trading & brokering

Bobsguide Rankings 2020 announced

8m | bobsguide

Bobsguide Rankings 2020 announced

Each year, we ask the market to vote for those fintechs they believe stand out from the competition – those who have gone the extra mile in terms of d...

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UK challengers hinge profit hopes on banking licenses
Banking

UK challengers hinge profit hopes on banking licenses

8m | By Aaran Fronda, Deputy Editor

UK challengers hinge profit hopes on banking licen...

In the beginning, digital challengers presented themselves as a kind of anti-bank proposition. This initially served them well, especially in the wake...

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bobsguide Awards 2020: Winners announced
Treasury

bobsguide Awards 2020: Winners announced

8m | By Michael McCaw, Editor

bobsguide Awards 2020: Winners announced

It’s with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovatio...

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Bitcoin surge prompts new warnings from regulators
Payments

Bitcoin surge prompts new warnings from regulators

8m | By Jeremy Chan, Journalist

Bitcoin surge prompts new warnings from regulators

Regulators issued fresh warnings on investing in cryptocurrencies after Bitcoin skyrocketed to a new all-time high last week. The UK’s Financial Condu...

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SEC charges against Ripple face criticism
Payments

SEC charges against Ripple face criticism

8m | By Leanna Reeves, Journalist

SEC charges against Ripple face criticism

The Securities and Exchange Commission’s (SEC) latest charges against Ripple Labs Inc shows the regulator’s ambition to further supervise ongoing deve...

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Seamless payment experiences essential in months ahead
Payments

Seamless payment experiences essential in months ahead

9m | By Aoife Morgan, Journalist

Seamless payment experiences essential in months a...

It is set to be a transformative year for payments say those in the industry. The pandemic will continue to have a huge impact, particularly in digita...

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AML rules missing targets
Banking

AML rules missing targets

9m | By Leanna Reeves, Journalist

AML rules missing targets

The rise of anti-money laundering (AML) related fines over the past few years shows regulators are homed in on tackling the problem, but current super...

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Starling provides “road map” for future in-app integrations
Banking

Starling provides “road map” for future in-app integrations

9m | By Aoife Morgan, Journalist

Starling provides “road map” for future in-app int...

Starling Bank’s latest partnership is a “completely different vertical for us”, says Gareth Towler the bank’s marketplace product analyst. The challen...

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Risk rise in pandemic-hit fintech sector
Treasury

Risk rise in pandemic-hit fintech sector

9m | bobsguide

Risk rise in pandemic-hit fintech sector

As the fintech sector grows almost exponentially, so commensurately do the risks. The pandemic has created new threats, mainly through home working, b...

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UK challenger banks “disadvantaged” by regulations
Banking

UK challenger banks “disadvantaged” by regulations

9m | By Aoife Morgan, Journalist

UK challenger banks “disadvantaged” by regulations

Challenger banks are still an “afterthought” in financial services regulation ten years after the first one appeared, according to a report on Diversi...

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German regulators warn markets on Brexit uncertainty
Banking

German regulators warn markets on Brexit uncertainty

9m | bobsguide

German regulators warn markets on Brexit uncertain...

Germany’s supervisory authority BaFin has said that market participants should take all precautions necessary for a possible hard Brexit. Last week, t...

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Rating agencies predict pain for EU banks
Banking

Rating agencies predict pain for EU banks

9m | bobsguide

Rating agencies predict pain for EU banks

Thanks to beefed-up, post-financial crisis reserves and generous government support, the European banking industry has proved resilient so far through...

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No-deal Brexit a “nightmare” for fintechs
Treasury

No-deal Brexit a “nightmare” for fintechs

9m | By Tom Lemmon, Reporter

No-deal Brexit a “nightmare” for fintechs

A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for f...

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Survey: Emerging payments landscape assessed
Payments

Survey: Emerging payments landscape assessed

9m | bobsguide

Survey: Emerging payments landscape assessed

As the payments landscape continues to reshape during the pandemic, banks and PSPs are reviewing the situation as matters unfold into the new year. Qu...

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Open Banking can turn into Beyond Banking, predicts Commerzbank
Banking

Open Banking can turn into Beyond Banking, predicts Commerzbank

9m | bobsguide

Open Banking can turn into Beyond Banking, predict...

The success of Open Banking depends critically on a mutually beneficial cooperation between traditional institutions and fintech to the benefit of cli...

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Salesforce catching up with Slack deal
Insurance

Salesforce catching up with Slack deal

10m | By Tom Lemmon, Reporter

Salesforce catching up with Slack deal

Salesforce’s decision to acquire Slack for $27.7bn can be read as an attempt to try to gain ground on competitors, according to Graham Norton-St...

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Buyers' brief: The future of bank treasury tech is AI
Banking

Buyers' brief: The future of bank treasury tech is AI

10m | bobsguide

Buyers' brief: The future of bank treasury tech is...

Long the bastion of cash and liquidity management, bank treasury teams do far more than position-keeping. Real-time risk management, operations, payme...

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Compliance tech supporting UK financial services
Banking

Compliance tech supporting UK financial services

10m | bobsguide

Compliance tech supporting UK financial services

Over the past two decades, the rules governing financial services have become much more onerous, leading more organisations to rely on tech vendors to...

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Diversions on the ISO 20022 journey
Payments

Diversions on the ISO 20022 journey

10m | bobsguide

Diversions on the ISO 20022 journey

The year 2020 has proved unusually testing for the financial services industry. Yet, in the face of added pressures created by the pandemic, efforts t...

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No regime rest bite: UK regulations to cause stir in 2021
Payments

No regime rest bite: UK regulations to cause stir in 2021

10m | By Aoife Morgan, Journalist

No regime rest bite: UK regulations to cause stir ...

It’s been a tough year for financial market participants in the UK, with the pandemic causing turbulence and uncertainty around Brexit undermining fut...

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No regime rest bite: UK regulations to cause stir in 2021
Payments

No regime rest bite: UK regulations to cause stir in 2021

10m | By Aoife Morgan, Journalist

No regime rest bite: UK regulations to cause stir ...

It’s been a tough year for financial market participants in the UK, with the pandemic causing turbulence and uncertainty around Brexit undermini...

View article
ING & Bank of America: Banks won’t “spring back” to normal after vaccine
Banking

ING & Bank of America: Banks won’t “spring back” to normal after vaccine

10m | By Tom Lemmon, Reporter

ING & Bank of America: Banks won’t “spring back” t...

The pandemic has forced banks to accelerate digitisation programmes and permanently changed working habits according to Gerald Walker, CEO of ING Amer...

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UK fintechs poised to save credit-starved SMEs
Insurance

UK fintechs poised to save credit-starved SMEs

10m | bobsguide

UK fintechs poised to save credit-starved SMEs

Viable businesses in Britain will require more low-cost finance for investment if they are to survive the blows of the pandemic – and it must come in ...

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Vaccine provides cautious optimism among FDs
Treasury

Vaccine provides cautious optimism among FDs

10m | By Aoife Morgan, Journalist

Vaccine provides cautious optimism among FDs

A vaccine to the coronavirus will not bring much change in consumer confidence in the next quarter, according to a panel of finance directors at  ...

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Upcoming CME closures pressure unprepared firms
Insurance

Upcoming CME closures pressure unprepared firms

10m | By Emma Olsson, Reporter

Upcoming CME closures pressure unprepared firms

Firms are running out of time to switch reporting platforms and trade repositories (TR) as the closure date for CME Group’s NEX/Abide looms. &ld...

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Why it’s important for travel to be SCA-ready
Payments

Why it’s important for travel to be SCA-ready

10m | bobsguide

Why it’s important for travel to be SCA-ready

By Jean-Christophe Lacour, head of merchant services, payments, Amadeus It’s an unprecedented period in the history of the global travel industry, wit...

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Bank-fintech relationships in the dark until US election results declared
Banking

Bank-fintech relationships in the dark until US election results declared

11m | By Emma Olsson, Reporter

Bank-fintech relationships in the dark until US el...

The Office of the Comptroller of the Currency’s (OCC) newly issued true lender rule for bank-nonbank lending relationships faces potential Congression...

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Buyers’ brief: how tech is helping boutique asset managers compete in a scale game
Trading & brokering

Buyers’ brief: how tech is helping boutique asset managers compete in a scale game

11m | bobsguide

Buyers’ brief: how tech is helping boutique asset ...

Investment managers have been under immense pressure for some time, which is acting as a catalyst for much-needed change across the asset management i...

View article
Esma’s stress tests catching out asset managers
Asset management

Esma’s stress tests catching out asset managers

11m | By Emma Olsson, Reporter

Esma’s stress tests catching out asset managers

The European Securities and Markets Authority’s (Esma) new stress tests expose a lack of preparation among asset managers, highlighting the importance...

View article
Challenger banks may re-evaluate business models
Banking

Challenger banks may re-evaluate business models

11m | By Emma Olsson, Reporter

Challenger banks may re-evaluate business models

Lack of sustainability threatens challenger bank longevity, according to a panel at Money 2020 Moneyfest yesterday. “Of course companies have to be pr...

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Bigtech M&A threatens B2C fintechs, not B2B
Banking

Bigtech M&A threatens B2C fintechs, not B2B

11m | By Emma Olsson, Reporter

Bigtech M&A threatens B2C fintechs, not B2B

While bigtech acquisitions may hurt B2C fintechs, B2B startups will continue to grow through bank partnerships, a Money 20/20 Moneyfest panel argued y...

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Open Banking fails to meet targets
Banking

Open Banking fails to meet targets

11m | By Leanna Reeves, Journalist

Open Banking fails to meet targets

Despite having registered over two million users in the UK, Open Banking is still failing to meet its objectives of creating a more competitive retail...

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Traders and venues urged to prepare for non-equivalence
Trading & brokering

Traders and venues urged to prepare for non-equivalence

11m | By Emma Olsson, Reporter

Traders and venues urged to prepare for non-equiva...

With Brexit looming, politicians and trading market participants are growing increasingly sceptical of equivalence between EU and UK trade reporting. ...

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Pandemic forces UK dispute resolution rethink
Trading & brokering

Pandemic forces UK dispute resolution rethink

11m | bobsguide

Pandemic forces UK dispute resolution rethink

The disruption and financial pressures caused by the pandemic are likely to give rise to some common challenges for businesses across sectors, whether...

View article
Data challenges persist with SFTR buyside go-live
Insurance

Data challenges persist with SFTR buyside go-live

11m | By Emma Olsson, Reporter

Data challenges persist with SFTR buyside go-live

With the Securities Financing Transactions Regulation (SFTR) for the buyside now live, reconciliation issues linger from July’s implementation date. “...

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FMIs face more cyber threats than ever but remain robust to attacks
Trading & brokering

FMIs face more cyber threats than ever but remain robust to attacks

11m | By Leanna Reeves, Journalist

FMIs face more cyber threats than ever but remain ...

Despite growing risks of cyberattacks and the need to switch to remote working, Financial Market Institutions (FMIs) adapted well to the crisis, accor...

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Congress faces criticism over bigtech M&A analysis
Insurance

Congress faces criticism over bigtech M&A analysis

11m | By Emma Olsson, Reporter

Congress faces criticism over bigtech M&A analysis

According to Scott Marcus, senior fellow at think tank Bruegal, the House of Representatives antitrust subcommittee’s report on bigtech mergers ...

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Financial services should be worried about big tech not fintech

Financial services should be worried about big tech not fintech

12m | By Jeremy Chan, Journalist

Financial services should be worried about big tec...

Banking and the wider financial services sector should be more concerned with big techs than fintech competitors, as they look to expand their offerin...

View article
Sibos panel: “revolution” in payments will be in data
Payments

Sibos panel: “revolution” in payments will be in data

12m | By Emma Olsson, Reporter

Sibos panel: “revolution” in payments will be in d...

“Data-only transactions already dwarf payment transactions and that will just increase tenfold over the next few years, both at the domestic payment s...

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Survey: Fintechs adapt to pandemic six months on

Survey: Fintechs adapt to pandemic six months on

12m | By Emma Olsson, Reporter

Survey: Fintechs adapt to pandemic six months on

Please take the one minute survey here. In April, bobsguide took to the market and asked fintechs to tell us how coronavirus had impacted their b...

View article
TMS buyers' guide: How the pandemic is accelerating treasury transformation
Treasury

TMS buyers' guide: How the pandemic is accelerating treasury transformation

12m | bobsguide

TMS buyers' guide: How the pandemic is acceleratin...

Technological innovation is helping businesses streamline existing processes and free their workers from the drudgery of many manual tasks. But despit...

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Banks compel regulators and intermediaries to harmonise payments
Payments

Banks compel regulators and intermediaries to harmonise payments

12m | By Emma Olsson, Reporter

Banks compel regulators and intermediaries to harm...

Regulatory divergence and poor data quality continue to limit advancements in instant payments, according to a banking panel at Sibos today. “In terms...

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Sibos panel: Appeal of CBDCs is programmable nature
Payments

Sibos panel: Appeal of CBDCs is programmable nature

12m | By Leanna Reeves, Journalist

Sibos panel: Appeal of CBDCs is programmable natur...

As central banks show increased interest in developing their digital currencies, understanding, and grasping the benefits of implementing Central Bank...

View article
ICC pushes interoperability standards for trade digitisation
Trading & brokering

ICC pushes interoperability standards for trade digitisation

12m | By Emma Olsson, Reporter

ICC pushes interoperability standards for trade di...

The International Chamber of Commerce (ICC) is working to standardise trade digitisation as pressure for interoperability mounts, according to Oswald ...

View article
FinCEN revelations: regulators must act as “first line of attack”
Banking

FinCEN revelations: regulators must act as “first line of attack”

12m | By Leanna Reeves, Journalist

FinCEN revelations: regulators must act as “first ...

“It's not just banks that are guilty of this. It's professional enablers that are letting them do it,” says Martin Cheek, managing...

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Lack of tech standards complicates audit
Accounting

Lack of tech standards complicates audit

12m | By Emma Olsson, Reporter

Lack of tech standards complicates audit

Despite advantages, technological advancements could complicate the already complex shared audit process, according to a panel of accountants during a...

View article
Market risk looms following Esma equivalence announcement
Trading & brokering

Market risk looms following Esma equivalence announcement

12m | By Emma Olsson, Reporter

Market risk looms following Esma equivalence annou...

With Brexit negotiations still pending, the European Securities and Markets Authority (Esma) risks perpetuating instability with an extended European ...

View article
Payments sector warns of continued cyber threats
Insurance

Payments sector warns of continued cyber threats

12m | By Emma Olsson, Reporter

Payments sector warns of continued cyber threats

The payments industry must be wary of vulnerable tech builds as cyber threats are predicted increase, according to a director of incident management a...

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Accountants encourage tech investment despite pandemic uncertainty
Treasury

Accountants encourage tech investment despite pandemic uncertainty

12m | By Emma Olsson, Reporter

Accountants encourage tech investment despite pand...

Accountants must invest in long term technological change, according to a panel of accountants and tech providers during an Accountancy Age webinar ye...

View article
ECB wants crypto alternative
Banking

ECB wants crypto alternative

12m | By Leanna Reeves, Journalist

ECB wants crypto alternative

Last week European Central Bank (ECB) president Christine Lagarde announced the central bank’s ambition to implement a digital euro. Lagarde’s stateme...

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Fintechs show appetite for growth despite market anxieties
Banking

Fintechs show appetite for growth despite market anxieties

12m | By Leanna Reeves, Journalist

Fintechs show appetite for growth despite market a...

The pandemic and upcoming negotiations around Brexit are causing unprecedented uncertainty for fintech market participants, but many are still seeking...

View article
ETRM vendors to change approach in face of market pressures
Trading & brokering

ETRM vendors to change approach in face of market pressures

1y | By Jeremy Chan, Journalist

ETRM vendors to change approach in face of market ...

2020 looks to be a hallmark year for commodities as volatility in oil markets combined with uncertainty over future demand tests the Energy Trading an...

View article
Fintechs resilient in face of pandemic
Banking

Fintechs resilient in face of pandemic

1y | By Jeremy Chan, Journalist

Fintechs resilient in face of pandemic

Fintechs are optimistic of their future prospects as the consequences of the pandemic provides favourable tailwinds. “[The sector] seems to be buoyant...

View article
Q&A: RTGS Global founder talks liquidity visibility for banks
Banking

Q&A: RTGS Global founder talks liquidity visibility for banks

1y | By Emma Olsson, Reporter

Q&A: RTGS Global founder talks liquidity visibilit...

With financial institutions around the world facing liquidity challenges during the pandemic, efficient settlements and liquidity visibility have move...

View article
Risk tech vendors raise volatility concerns
Treasury

Risk tech vendors raise volatility concerns

1y | By Emma Olsson, Reporter

Risk tech vendors raise volatility concerns

Risk management tech vendors debated pandemic-triggered market risks outlined by the European Securities and Markets Authority (Esma) last week, inclu...

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CAT vendors discourage piecemeal solutions
Trading & brokering

CAT vendors discourage piecemeal solutions

1y | By Emma Olsson, Reporter

CAT vendors discourage piecemeal solutions

Tech vendors are urging market participants to adopt end-to-end consolidated audit trail (CAT) solutions as phased deadlines complicate implementation...

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US banks call for federal data sharing standards
Banking

US banks call for federal data sharing standards

1y | By Emma Olsson, Reporter

US banks call for federal data sharing standards

Federal data protection standards must be created to allow open banking to take off in the US, said Abishek Gupta, head of BBVA Open Platform, BBVA du...

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Banks to move from digital to invisible services
Banking

Banks to move from digital to invisible services

1y | By Leanna Reeves, Journalist

Banks to move from digital to invisible services

As the new generation of customers increasingly relies on tech, expectations from the services that banks offer are also expected to change – particul...

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Report: Securities industry in the dark over CSDR
Trading & brokering

Report: Securities industry in the dark over CSDR

1y | By Emma Olsson, Reporter

Report: Securities industry in the dark over CSDR

With a further delay to the EU’s Central Securities Depositories Regulation (CSDR) just announced, market participants and tech vendors face an uncert...

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Submissions welcomed for the bobsguide 2020 Software & Partnership Awards
Asset management

Submissions welcomed for the bobsguide 2020 Software & Partnership Awards

1y | bobsguide

Submissions welcomed for the bobsguide 2020 Softwa...

Each year, bobsguide welcomes entries to a number of categories in order to highlight the leading market participants across different fields. This ye...

View article
Voting opens for the bobsguide Software Rankings 2020
Trading & brokering

Voting opens for the bobsguide Software Rankings 2020

1y | bobsguide

Voting opens for the bobsguide Software Rankings 2...

Voting is now open for the 2020 bobsguide Software Rankings.  Each year we ask those within financial services to vote for the technology fi...

View article
FIs to increase focus on climate risk management
Treasury

FIs to increase focus on climate risk management

1y | By Emma Olsson, Reporter

FIs to increase focus on climate risk management

The pressure is on for financial institutions (FIs) to adopt climate risk models as regulators and shareholders zero in on environmental, social and g...

View article
Incumbent retail banks balancing consumer need and tech
Banking

Incumbent retail banks balancing consumer need and tech

1y | By Leanna Reeves, Journalist

Incumbent retail banks balancing consumer need and...

“If our CEO came to us and said ‘right, we want to rapidly digitalise this bank so that we do everything that we do today only through digital channel...

View article
US fintechs could look “seriously” at banking charters amidst OCC uncertainty
Banking

US fintechs could look “seriously” at banking charters amidst OCC uncertainty

1y | By Emma Olsson, Reporter

US fintechs could look “seriously” at banking char...

US fintechs may seek out full purpose banking licenses as litigation continues to cloud the Office of the Comptroller of the Currency’s (OCC’s) fintec...

View article
Data bias shrouds personalisation in insurance
Insurance

Data bias shrouds personalisation in insurance

1y | By Emma Olsson, Reporter

Data bias shrouds personalisation in insurance

The insurance industry continues to face a crisis of trust while attempting to make advances in customer personalisation, according to market particip...

View article
Incumbent banks favour inhouse AI development
Banking

Incumbent banks favour inhouse AI development

1y | By Emma Olsson, Reporter

Incumbent banks favour inhouse AI development

Large incumbent banks are more likely to build artificial intelligence (AI) capabilities inhouse rather than outsource them, according to Kevin Levitt...

View article
Retail banks can no longer afford tech mistakes
Banking

Retail banks can no longer afford tech mistakes

1y | By Michael McCaw, Editor

Retail banks can no longer afford tech mistakes

Incumbent retail banks who have not yet developed a progressive digital strategy face significant cost pressures in the coming years, according to ind...

View article
SCA experimentation grows ahead of deadline
Banking

SCA experimentation grows ahead of deadline

1y | By Emma Olsson, Reporter

SCA experimentation grows ahead of deadline

Market participants are still struggling with aspects of strong customer authentication (SCA) ahead of the December 31 deadline, according to payment ...

View article
Pandemic sees '10-year' jump in new payment methods
Payments

Pandemic sees '10-year' jump in new payment methods

1y | By Jeremy Chan, Journalist

Pandemic sees '10-year' jump in new payment method...

Mobile and other "alternative" payment methods have seen explosive growth since the start of the pandemic – with many in the industry ...

View article
EU disclosure rules to shape ESG strategies
Asset management

EU disclosure rules to shape ESG strategies

1y | By Emma Olsson, Reporter

EU disclosure rules to shape ESG strategies

Many European firms are unprepared for reporting under the Sustainable Finance Disclosure Regulation (SFDR), set to commence in March 2021. “The...

View article
CFTC’s flexible capital requirements to benefit non-bank swap dealers
Trading & brokering

CFTC’s flexible capital requirements to benefit non-bank swap dealers

1y | By Emma Olsson, Reporter

CFTC’s flexible capital requirements to benefit no...

The Commodity Futures Trading Commission (CFTC)’s latest ruling on capital requirements for swap dealers will favour watchful non-bank dealers, accord...

View article
UK’s new settlement system to support DLT
Banking

UK’s new settlement system to support DLT

1y | By Emma Olsson, Reporter

UK’s new settlement system to support DLT

The Bank of England’s (BoE’s) new Real Time Gross Settlement (RTGS) system will be compatible with distributed ledger technologies (DLT), ...

View article
Traders keep eye on Libor transition
Trading & brokering

Traders keep eye on Libor transition

1y | By Emma Olsson, Reporter

Traders keep eye on Libor transition

Derivatives traders are on track to adopt new benchmark fallbacks ahead of the London Interbank Offered Rate (Libor) transition, with the pandemic bea...

View article
Roles lack clarity in Isda’s CDM
Asset management

Roles lack clarity in Isda’s CDM

1y | By Emma Olsson, Reporter

Roles lack clarity in Isda’s CDM

Debate is growing over the implementation of the International Swaps and Derivatives Association’s (Isda’s) common domain model (CDM), as ...

View article
Options Technology COO: We’re a bridge between the public and private clouds
Banking

Options Technology COO: We’re a bridge between the public and private clouds

1y | By Leanna Reeves, Journalist

Options Technology COO: We’re a bridge between the...

As the pandemic caused an unprecedented market disruption, hedge fund liquidation surged in the first months of the crisis. Stevie Morrow, chief opera...

View article
Retail banks at odds over coronavirus impact
Banking

Retail banks at odds over coronavirus impact

1y | By Tom Lemmon, Reporter

Retail banks at odds over coronavirus impact

High-street bank branches are here to stay as customers value speaking to bank staff in person, according to Metro Bank’s managing director of d...

View article
Survey: Capital markets participants evaluate cloud services
Asset management

Survey: Capital markets participants evaluate cloud services

1y | bobsguide

Survey: Capital markets participants evaluate clou...

Take the survey here.  As capital markets continue to deal with the impacts of the pandemic, firms face a crossroads in the development of their ...

View article
UK fintech investments see overall drop in first half of 2020
Banking

UK fintech investments see overall drop in first half of 2020

1y | By Shannon Moyer, Journalist

UK fintech investments see overall drop in first h...

New data from Innovate Finance found that UK fintechs pulled over $1.84bn (£1.4bn) in venture capital investments during the first half of 2020....

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SMCR delay may provide regtech opportunities
Banking

SMCR delay may provide regtech opportunities

1y | By Emma Olsson, Reporter

SMCR delay may provide regtech opportunities

The UK Financial Conduct Authority’s (FCA’s) delay of the Senior Managers and Certification Regime (SMCR) may grant new opportunities for ...

View article
Insurers respond to FCA criticism in High Court case
Insurance

Insurers respond to FCA criticism in High Court case

1y | By Emma Olsson, Reporter

Insurers respond to FCA criticism in High Court ca...

Lawyers representing UK insurers began their oral submissions today as the Financial Conduct Authority’s (FCA’s) High Court test case cont...

View article
FCA lawyer: insurers “studiously avoiding” impact of pandemic
Insurance

FCA lawyer: insurers “studiously avoiding” impact of pandemic

1y | By Emma Olsson, Reporter

FCA lawyer: insurers “studiously avoiding” impact ...

Lawyers for the Financial Conduct Authority (FCA) presented inconsistencies in UK insurers’ cases this morning during the second day of the...

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FCA needs intense safeguarding revisal, say UK PSPs
Payments

FCA needs intense safeguarding revisal, say UK PSPs

1y | By Shannon Moyer, Journalist

FCA needs intense safeguarding revisal, say UK PSP...

Following Wirecard’s failures, market participants have raised flags around the Financial Conduct Authority’s (FCA) regulations on firms s...

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Atradius warns of rise in fraud
Insurance

Atradius warns of rise in fraud

1y | bobsguide

Atradius warns of rise in fraud

Simon Rockett, head of UK risk underwriting at the company, told bobsguide that opportunistic fraudsters have capitalised on how the pandemic has affe...

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“There will be more of a distinction made between banks and non-banks”
Banking

“There will be more of a distinction made between banks and non-banks”

1y | bobsguide

“There will be more of a distinction made between ...

When auditors KPMG discovered a €1.9bn black hole in the accounts of German payments giant Wirecard last month, shockwaves were sent across the f...

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‘You don’t need to be in an office to be productive’
Treasury

‘You don’t need to be in an office to be productive’

1y | By Tom Lemmon, Reporter

‘You don’t need to be in an office to be productiv...

Working from home is likely to become part of the new normal as the coronavirus crisis has taught business leaders that work doesn’t need to be ...

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Challenges remain for buyside as SFTR nears
Asset management

Challenges remain for buyside as SFTR nears

1y | By Emma Olsson, Reporter

Challenges remain for buyside as SFTR nears

While most sellside firms are prepared for phase one of the Securities Financing Transaction Regulation (SFTR) to commence on July 13, complications r...

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Pandemic accelerates adoption of contactless payments
Payments

Pandemic accelerates adoption of contactless payments

1y | By Jeremy Chan, Journalist

Pandemic accelerates adoption of contactless payme...

The spread of the coronavirus and governments’ subsequent reaction has led to a surge in the adoption in contactless payment methods such as card and ...

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Volcker Rule change inspires tepid optimism
Banking

Volcker Rule change inspires tepid optimism

1y | By Emma Olsson, Reporter

Volcker Rule change inspires tepid optimism

As the US startup community celebrates the recent Volcker Rule reform, some worry the change could impair the banking system as it recovers from recen...

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US equities to experiment with DLT integration in settlements
Treasury

US equities to experiment with DLT integration in settlements

1y | By Emma Olsson, Reporter

US equities to experiment with DLT integration in ...

The US equities market may see a combined digital ledger technology (DLT) and legacy settlement solution, as accelerated settlements gain importance. ...

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App vulnerabilities on the up as banks add new features
Banking

App vulnerabilities on the up as banks add new features

1y | By Emma Olsson, Reporter

App vulnerabilities on the up as banks add new fea...

An increase in mobile banking application features may make them more vulnerable to fraud, experts say. According to Nikolay Anisenya, mobile applicat...

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Emerging risks present opportunities for insurtechs
Insurance

Emerging risks present opportunities for insurtechs

1y | By Emma Olsson, Reporter

Emerging risks present opportunities for insurtech...

Insurtechs are well suited to address emerging risks ignored by traditional insurers, some market participants suggest. According to Sabine VanderLind...

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JP Morgan MD: Changes brewing in e-commerce
Banking

JP Morgan MD: Changes brewing in e-commerce

1y | By Tom Lemmon, Reporter

JP Morgan MD: Changes brewing in e-commerce

Innovation in the e-commerce and payments sector could slow down due to the global disruption caused by the pandemic, while businesses look to reconsi...

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Asset managers to increase regulatory outsourcing
Trading & brokering

Asset managers to increase regulatory outsourcing

1y | By Emma Olsson, Reporter

Asset managers to increase regulatory outsourcing

Regulatory hurdles remain the greatest challenge for asset managers, who will look to outsource compliance burdens as the pandemic eases according to ...

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Interest in cryptos grows as retail investor look to benefit
Payments

Interest in cryptos grows as retail investor look to benefit

1y | By Leanna Reeves, Journalist

Interest in cryptos grows as retail investor look ...

In March, market disruption caused by the pandemic followed a drop in the price of cryptocurrencies – including Bitcoin, which lost half of its ...

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Debate emerges over cloud concentration risk
Asset management

Debate emerges over cloud concentration risk

1y | By Emma Olsson, Reporter

Debate emerges over cloud concentration risk

Questions remain over concentration risk amongst cloud providers, following a recent European Securities and Markets Authority (Esma) consultation on ...

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Q&A: Pay.UK’s chair on the future of retail payments
Payments

Q&A: Pay.UK’s chair on the future of retail payments

1y | By Emma Olsson, Reporter

Q&A: Pay.UK’s chair on the future of retail paymen...

Before chairing Pay.UK, the UK’s standard setting body for retail payments, Melanie Johnson chaired The UK Cards Association – now part of UK Finance ...

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BMO MD: CAT should not see further delays
Treasury

BMO MD: CAT should not see further delays

1y | By Emma Olsson, Reporter

BMO MD: CAT should not see further delays

The consolidated audit trail (CAT) must move forward despite remaining data privacy concerns, says Joe Wald, managing director, BMO Capital Markets. “...

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Decrease in branch traffic speeds digital transformation
Banking

Decrease in branch traffic speeds digital transformation

1y | By Leanna Reeves, Journalist

Decrease in branch traffic speeds digital transfor...

Starting in March, banks including Llyods and HSBC have closed their branches due to government guidelines on health and safety – a trend that h...

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Digital gap widens between traditional banks and challengers
Banking

Digital gap widens between traditional banks and challengers

1y | By Emma Olsson, Reporter

Digital gap widens between traditional banks and c...

The gap in digital performance continues to grow between traditional banks and challengers as the pandemic exposes incumbents’ inability to adapt. Mar...

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Report: Insurance industry takes tech and trust hit
Banking

Report: Insurance industry takes tech and trust hit

1y | By Emma Olsson, Reporter

Report: Insurance industry takes tech and trust hi...

Insurers face new threats as impact of coronavirus challenges tech stacks and complicates customer contracts. While the shock of the pandemic is being...

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Profitability over growth key for fintechs to secure investment

Profitability over growth key for fintechs to secure investment

1y | By Tom Lemmon, Reporter

Profitability over growth key for fintechs to secu...

Fintechs must show that they have a solid business model focused on achieving profitability, not just rapid growth if they are to secure investment, a...

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‘Data to cash’ as a service: Time to invest in open banking
Banking

‘Data to cash’ as a service: Time to invest in open banking

1y | bobsguide

‘Data to cash’ as a service: Time to invest in ope...

By Andries Smit, CEO and founder of Upside There are 11.95m+ households in the UK with less than £1,500 in savings. Since early March, the catastrophi...

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Where are you going to go when your cloud goes down?
Insurance

Where are you going to go when your cloud goes down?

1y | bobsguide

Where are you going to go when your cloud goes dow...

By Andrew Fitzgerald, sales director for Western Europe and Sub-Saharan Africa, Cohesity A short history of modern business IT might report that the N...

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FCA stokes confusion surrounding safeguarding practices
Trading & brokering

FCA stokes confusion surrounding safeguarding practices

1y | By Emma Olsson, Reporter

FCA stokes confusion surrounding safeguarding prac...

The UK’s Financial Conduct Authority (FCA) is unclear on guidance to safeguard customers’ funds, says Bob Lyddon, chairman of the Associat...

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UK fintech investment up 500 percent in five years
Banking

UK fintech investment up 500 percent in five years

1y | By Shannon Moyer, Journalist

UK fintech investment up 500 percent in five years

Investment in UK fintechs expanded by 500 percent over the past five years, eclipsing levels in the US – which recorded 170 percent growth over ...

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Finastra CSO: Regulators risk inhibiting open banking
Banking

Finastra CSO: Regulators risk inhibiting open banking

1y | By Emma Olsson, Reporter

Finastra CSO: Regulators risk inhibiting open bank...

Regulators are stifling open banking innovation and competition according to Akber Jaffer, chief strategy officer, Finastra. “When financial instituti...

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UK startups face uncertainty following Future Fund launch
Asset management

UK startups face uncertainty following Future Fund launch

1y | By Emma Olsson, Reporter

UK startups face uncertainty following Future Fund...

Despite a rapid influx of applications, claims have emerged that the UK’s Future Fund will exclude the majority of startups and favour venture c...

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CFOs are driving the digital conversation in legal
Treasury

CFOs are driving the digital conversation in legal

1y | bobsguide

CFOs are driving the digital conversation in legal

C-suite executives and boards have already centred entire corporate strategies around Digital Transformation. With one of the most advanced legal envi...

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Crypto exchanges welcome traditional bank relationships
Banking

Crypto exchanges welcome traditional bank relationships

1y | By Emma Olsson, Reporter

Crypto exchanges welcome traditional bank relation...

Relationships between cryptocurrency institutions and traditional banks will bolster crypto’s legitimacy, market participants predict. “It appears the...

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Survey report: Fintechs expecting slow recovery from market turmoil
Treasury

Survey report: Fintechs expecting slow recovery from market turmoil

1y | By Emma Olsson, Reporter

Survey report: Fintechs expecting slow recovery fr...

Fintech firms expect it will take over a year for their sectors to bounce back from the impacts of the coronavirus, according to a bobsguide survey co...

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Pandemic spurs modernisation and competition within B2B payments
Payments

Pandemic spurs modernisation and competition within B2B payments

1y | By Emma Olsson, Reporter

Pandemic spurs modernisation and competition withi...

B2B payments may finally see widescale innovation according to some market participants, with both Visa and Mastercard bolstering their business payme...

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IRS solicits contractors to crack down on crypto tax evasion
Trading & brokering

IRS solicits contractors to crack down on crypto tax evasion

1y | By Shannon Moyer, Journalist

IRS solicits contractors to crack down on crypto t...

The IRS is evolving its efforts to crack down on crypto tax non-compliance, recruiting independent contractors obtain cryptocurrency transactions data...

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Tech competition will hinder digital identity adoption

Tech competition will hinder digital identity adoption

1y | By Emma Olsson, Reporter

Tech competition will hinder digital identity adop...

With banks and financial services closing physical branches and large parts of the population unable to leave their homes, organisations are hoping to...

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LatAm embraces OB
Payments

LatAm embraces OB

1y | By Leanna Reeves, Journalist

LatAm embraces OB

Effective since 2018, the implementation of Open Banking standards in the UK has established a model across the globe – particularly for ambitio...

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UK fintech lenders to benefit from BBL, CBILS
Banking

UK fintech lenders to benefit from BBL, CBILS

1y | By Emma Olsson, Reporter

UK fintech lenders to benefit from BBL, CBILS

UK challenger banks and non-bank lenders could see more SME client acquisitions from offering the government’s Bounce Back Loans (BBL) and Coronavirus...

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Open banking could see monopolies emerge

Open banking could see monopolies emerge

1y | By Emma Olsson, Reporter

Open banking could see monopolies emerge

Areas of the market in which open banking protocols are implemented without standards could risk seeing new bank monopolies emerge, according to Paul ...

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OakNorth’s head of debt finance: Challenger banks use agility to thrive
Banking

OakNorth’s head of debt finance: Challenger banks use agility to thrive

1y | By Tom Lemmon, Reporter

OakNorth’s head of debt finance: Challenger banks ...

Incumbent banks have slashed profits to prepare for corporate defaults because they aren’t flexible and agile enough to manage their books with ...

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Pandemic sees boom in contactless payments, but cash likely to remain
Payments

Pandemic sees boom in contactless payments, but cash likely to remain

1y | By Leanna Reeves, Journalist

Pandemic sees boom in contactless payments, but ca...

Government lockdown rules and health organisations’ instructions have created a boom in the use of contactless payments – a new habit that is likely t...

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UK government under pressure to legislate “Wild West” of biometrics
Insurance

UK government under pressure to legislate “Wild West” of biometrics

1y | By Emma Olsson, Reporter

UK government under pressure to legislate “Wild We...

The UK government needs to create rules around biometric technologies to determine how they are used, said Hugh Milward, director of corporate, extern...

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ESG data management under spotlight as investments grow

ESG data management under spotlight as investments grow

1y | By Emma Olsson, Reporter

ESG data management under spotlight as investments...

With reports of Environmental, Social and Governance (ESG) investing on the rise amid a drastic drop in oil prices, ESG data is facing scrutiny both f...

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UK insurers face lawsuit as government role remains uncertain

UK insurers face lawsuit as government role remains uncertain

1y | By Emma Olsson, Reporter

UK insurers face lawsuit as government role remain...

The UK insurance industry is under fire from small businesses and hospitality market participants as details of business interruption pay-outs remain ...

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Real-time payments in a time of reduced cashflow
Payments

Real-time payments in a time of reduced cashflow

1y | By Jeremy Chan, Journalist

Real-time payments in a time of reduced cashflow

Faster and real-time payments are more relevant that ever says Ed Adshead-Grant, general manager of payments at Bottomline Technologies. “There is bot...

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Report: Quants restrategise after markets plummet
Insurance

Report: Quants restrategise after markets plummet

1y | By Emma Olsson, Reporter

Report: Quants restrategise after markets plummet

Quant funds have had a hectic month. Many notable quants – Millennium, DE Shaw, Two Sigma – suffered losses at the end of March, lead...

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Podcast: CBILS and SME lending in a crisis with OakNorth
Accounting

Podcast: CBILS and SME lending in a crisis with OakNorth

1y | By Emma Olsson, Reporter

Podcast: CBILS and SME lending in a crisis with Oa...

Since the announcement of the UK’s Coronavirus Business Interruption Scheme (CBILS) for SMEs on March 23, businesses, lenders and the government...

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Financial services and the UK regulation agenda: more than a response to coronavirus
Banking

Financial services and the UK regulation agenda: more than a response to coronavirus

1y | bobsguide

Financial services and the UK regulation agenda: m...

On April 7, 2020, the Financial Conduct Authority (FCA) published its business plan for 2020/2021. Understandably, the FCA’s main immediate focu...

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Coronavirus may delay EU AI roadmap
Banking

Coronavirus may delay EU AI roadmap

1y | By Shannon Moyer, Journalist

Coronavirus may delay EU AI roadmap

The European Commission’s ruleset on artificial intelligence (AI) may be delayed until well after the end of the year due to the pandemic. Regul...

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Tech startups express concern over UK's Future Fund scheme
Payments

Tech startups express concern over UK's Future Fund scheme

1y | By Emma Olsson, Reporter

Tech startups express concern over UK's Future Fun...

Designed to support tech startups through the coronavirus crisis, the UK government’s convertible loan scheme leaves many small companies withou...

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Remote ID verification sees pandemic boom
Banking

Remote ID verification sees pandemic boom

1y | By Emma Olsson, Reporter

Remote ID verification sees pandemic boom

Digital identity verification could become the norm in financial services as social distancing halts in-person identification, according to Andersen C...

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Challenger banks tested by pandemic
Banking

Challenger banks tested by pandemic

1y | By Emma Olsson, Reporter

Challenger banks tested by pandemic

Initially posited as organisations with the upper hand in the coronavirus pandemic, challenger banks could face difficulties ahead with a decline in l...

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UK mortgage lockdown to spur spike in tech solutions
Asset management

UK mortgage lockdown to spur spike in tech solutions

1y | By Emma Olsson, Reporter

UK mortgage lockdown to spur spike in tech solutio...

New mortgage tech solutions could see increased usage as the UK property market enters partial lockdown. “I think like any digital business, we&...

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Digital-focused insurtechs may thrive amidst threat to incumbents
Insurance

Digital-focused insurtechs may thrive amidst threat to incumbents

1y | By Emma Olsson, Reporter

Digital-focused insurtechs may thrive amidst threa...

Insurtechs may suffer short-term losses from the coronavirus outbreak, but stand to gain in the long-term due to an increased need for digital offerin...

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Survey: Fintech sector responds to pandemic
Payments

Survey: Fintech sector responds to pandemic

1y | By Emma Olsson, Reporter

Survey: Fintech sector responds to pandemic

Take the one minute survey here. The coronavirus outbreak and the economic downturn it has spurred leaves many fintech businesses in a state of uncert...

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Pandemic raises concerns over SCA deadline
Banking

Pandemic raises concerns over SCA deadline

1y | By Emma Olsson, Reporter

Pandemic raises concerns over SCA deadline

The European payments industry may not be prepared to reach the deadline for strong customer authentication (SCA) as it attempts to mitigate the coron...

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SFTR delay may spur consolidation of regtech solutions
Asset management

SFTR delay may spur consolidation of regtech solutions

2y | By Emma Olsson, Reporter

SFTR delay may spur consolidation of regtech solut...

The delay to the launch of the Securities Financing Transactions Regulation (SFTR) will lead to further aggregation of regtech solutions, some provide...

View article
Treasurers look to extend analytics capabilities
Trading & brokering

Treasurers look to extend analytics capabilities

2y | bobsguide

Treasurers look to extend analytics capabilities

During these unprecedented times, corporate treasurers must deal with a difficult and uncertain new normal. Drawing relevance of data analytics to the...

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Cutting through the noise with data
Treasury

Cutting through the noise with data

2y | By Richard Scioli, Head of Growth

Cutting through the noise with data

Synthetic fraud? Biometrics? An abundance of jargon and buzzwords emerge when you begin to research identity validation and data in concert with the c...

View article
Bank trading floors reassess risks and controls
Banking

Bank trading floors reassess risks and controls

2y | By Michael McCaw, Editor

Bank trading floors reassess risks and controls

Trading floors at many of the world’s tier one banks will be reconsidering their view of risk in the face of the coronavirus pandemic according ...

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ESG fund investment grows amidst coronavirus and oil turmoil
Treasury

ESG fund investment grows amidst coronavirus and oil turmoil

2y | By Emma Olsson, Reporter

ESG fund investment grows amidst coronavirus and o...

Environmental, social and governance (ESG) funds may see a continued spike in investment as oil prices crash, despite the Securities and Exchange Comm...

View article
COVID-19: our action plan
Accounting

COVID-19: our action plan

2y | By Michael McCaw, Editor

COVID-19: our action plan

Dear reader, As the coronavirus pandemic spreads, we continue to hear and read unsettling stories from around the globe. At bobsguide, we recognise th...

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Coronavirus update: challenger bank agility provides advantage over incumbents
Banking

Coronavirus update: challenger bank agility provides advantage over incumbents

2y | By Emma Olsson, Reporter

Coronavirus update: challenger bank agility provid...

Incumbent banks may struggle to adapt to the impact of coronavirus as remote working and customer services falter. Commentators say these challenges c...

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Q&A: Real-time treasury for banks to shake up operations
Banking

Q&A: Real-time treasury for banks to shake up operations

2y | bobsguide

Q&A: Real-time treasury for banks to shake up oper...

While explaining the business application of real-time, Harshit Jain, Head of Transaction Banking & Digitisation at Nucleus Software, said that: &...

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AI sector reacts to increased policy oversight and market uncertainty
Banking

AI sector reacts to increased policy oversight and market uncertainty

2y | By Emma Olsson, Reporter

AI sector reacts to increased policy oversight and...

Despite extreme economic uncertainty, policy makers continue attempts to regulate artificial intelligence (AI) as tech vendors adapt to the latest gui...

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BlackRock’s black-box aims to prop up asset management industry
Asset management

BlackRock’s black-box aims to prop up asset management industry

2y | bobsguide

BlackRock’s black-box aims to prop up asset manage...

With markets teetering across the globe, firms are turning more to software providers to help mitigate the damage. BlackRock's proprietary so...

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Custodians and counterparties hinder DLT adoption
Banking

Custodians and counterparties hinder DLT adoption

2y | By Emma Olsson, Reporter

Custodians and counterparties hinder DLT adoption

Blockchain’s place in capital markets remains uncertain as it threatens custodian revenues and raises questions over counterparties' roles,&...

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Digital assets not always financial instruments, blockchain consultants agree
Asset management

Digital assets not always financial instruments, blockchain consultants agree

2y | By Emma Olsson, Reporter

Digital assets not always financial instruments, b...

Blockchain technology should be regulated as data rather than a financial instrument, according to a panel of lawyers and policy consultants at a Lond...

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Regulators and supervisors divide over third-party concentration risk
Banking

Regulators and supervisors divide over third-party concentration risk

2y | By Emma Olsson, Reporter

Regulators and supervisors divide over third-party...

Financial regulators and supervisors are struggling to establish an approach to concentration risk among third-party suppliers, as the use cases for o...

View article
Supervisors playing catch-up over tech adoption
Trading & brokering

Supervisors playing catch-up over tech adoption

2y | By Emma Olsson, Reporter

Supervisors playing catch-up over tech adoption

Regulatory supervision must evolve to cope with the speed of innovation within financial services, policy makers, supervisors and regulators agree. A ...

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Report: Crypto industry divides over 5AMLD
Payments

Report: Crypto industry divides over 5AMLD

2y | By Emma Olsson, Reporter

Report: Crypto industry divides over 5AMLD

Crypto businesses face a wake-up call following the European Union’s fifth Anti-Money Laundering Directive’s (5AMLD) January 10 deadline, ...

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Debate rises over UTI exchange connections for SFTR

Debate rises over UTI exchange connections for SFTR

2y | By Rebekah Tunstead, Reporter

Debate rises over UTI exchange connections for SFT...

The market remains at odds over the dissemination of unique transaction identifiers (UTIs) for Securities Financing Transactions Reporting (SFTR). Som...

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Brexit prompting consolidation between traditional banks and challengers
Banking

Brexit prompting consolidation between traditional banks and challengers

2y | By Emma Olsson, Reporter

Brexit prompting consolidation between traditional...

Brexit is forcing challenger banks to grapple with thin profit margins, as some experts predict greater consolidation in the market. “Brexit def...

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Banks embrace external tech to replace in-house systems
Trading & brokering

Banks embrace external tech to replace in-house systems

2y | By Emma Olsson, Reporter

Banks embrace external tech to replace in-house sy...

Banks will seek external software solutions as in-house tech debts increase, according to vendors trying to reduce tech spend. According to Robert Coo...

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Report: The Libor system detour
Banking

Report: The Libor system detour

2y | By Rebekah Tunstead, Reporter

Report: The Libor system detour

Banks are creating detours in their core systems to be able to calculate the Secured Overnight Financing Rate (Sofr) rather than trying to replace the...

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Incumbent banks’ money management apps face rocky future
Banking

Incumbent banks’ money management apps face rocky future

2y | By Emma Olsson, Reporter

Incumbent banks’ money management apps face rocky ...

Large banks are struggling to develop money management apps to rival challengers, according to Mark O’Keefe, Payments Systems Regulator (PSR) pa...

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Data quality issues rising in delegated Emir reporting

Data quality issues rising in delegated Emir reporting

2y | By Rebekah Tunstead, Reporter

Data quality issues rising in delegated Emir repor...

Non-financial counterparties (NFC-) are looking to keep European Market Infrastructure Regulation (Emir) reporting in-house ahead of the delegated rep...

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Banks seek software efficiency solutions to minimise tech spend
Banking

Banks seek software efficiency solutions to minimise tech spend

2y | By Emma Olsson, Reporter

Banks seek software efficiency solutions to minimi...

Fintechs that measure software efficiency may threaten tech jobs at large banks as management grapples with the shortcomings of legacy software, accor...

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Buyers brief: asset managers must innovate to avoid shakeout
Insurance

Buyers brief: asset managers must innovate to avoid shakeout

2y | bobsguide

Buyers brief: asset managers must innovate to avoi...

For more than a decade, the asset management industry has witnessed large-scale consolidation driven by increased margin pressures, as investors conti...

View article
Pressure to standardise private equity reporting intensifies
Banking

Pressure to standardise private equity reporting intensifies

2y | By Emma Olsson, Reporter

Pressure to standardise private equity reporting i...

Industry pressure for greater transparency may lead to standardisation of private equity reporting, investors and industry bodies indicate. A &ld...

View article
Q&A: FDX’s Don Cardinal on a global API standard
Banking

Q&A: FDX’s Don Cardinal on a global API standard

2y | By Emma Olsson, Reporter

Q&A: FDX’s Don Cardinal on a global API standard

As data transparency and protection gain prominence across financial services, the market is looking for a definitive global data sharing standard. In...

View article
People moves: Numerated, Tech Nation and more
Banking

People moves: Numerated, Tech Nation and more

2y | bobsguide

People moves: Numerated, Tech Nation and more

Numerated appoints a new CFO Massachusetts-based financial service technology firm Numerated announced in January the appointment of Duncan Perry to t...

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Volcker ease allows data to take precedence

Volcker ease allows data to take precedence

2y | By Emma Olsson, Reporter

Volcker ease allows data to take precedence

US banks are no longer feeling the pressure of the Volcker Rule following a shortening of its reach and increased focus on the data economy, regtech p...

View article
Concerns raised over card schemes acquiring “potential competitors”

Concerns raised over card schemes acquiring “potential competitors”

2y | By Emma Olsson, Reporter

Concerns raised over card schemes acquiring “poten...

Competition concerns are being raised over Visa and Mastercards’ acquisitions and investments as the two major card schemes become increasingly ...

View article
Market contemplates AI standards amidst regulatory pressure
Asset management

Market contemplates AI standards amidst regulatory pressure

2y | By Emma Olsson, Reporter

Market contemplates AI standards amidst regulatory...

An industry-led artificial intelligence (AI) standard may be forthcoming according to Bill Wardwell, vice president of strategy and product at Bo...

View article
How to hack a bank
Banking

How to hack a bank

2y | By Rebekah Tunstead, Reporter

How to hack a bank

Although the threat of cyberattacks is rising, banks are being pushed to go back to the basics of cybersecurity, according to a penetration specialist...

View article
Payments advisors warn of future dominated by card schemes
Payments

Payments advisors warn of future dominated by card schemes

2y | By Emma Olsson, Reporter

Payments advisors warn of future dominated by card...

Card schemes will control all payments in the next 10 to 15 years, according to a panel of payments advisors at the Westminster Business Forum’s...

View article
MRRA: The devil's in the detail
Insurance

MRRA: The devil's in the detail

2y | By Rebekah Tunstead, Reporter

MRRA: The devil's in the detail

There is a disconnect between associations and market participants over the use of a Master Regulatory Reporting Agreement (MRRA) for European Market ...

View article
Q&A: SAS’ Naeem Siddiqi on ML for credit scoring
Banking

Q&A: SAS’ Naeem Siddiqi on ML for credit scoring

2y | By Rebekah Tunstead, Reporter

Q&A: SAS’ Naeem Siddiqi on ML for credit scoring

With banks under pressure to increase profit margins, more are turning to machine learning (ML) to make a significant difference in their middle and b...

View article
Banks yet to fully adopt advanced analytics
Insurance

Banks yet to fully adopt advanced analytics

2y | By Rebekah Tunstead, Reporter

Banks yet to fully adopt advanced analytics

Banks to expand their use of analytics, according to Alex Kwiatkowski, principal industry consultant at SAS’ global banking practice. “[Ba...

View article
Vote now for the 2020 bobsguide Fintech Influencers

Vote now for the 2020 bobsguide Fintech Influencers

2y | By Michael McCaw, Editor

Vote now for the 2020 bobsguide Fintech Influencer...

Which individual do you think is really driving the fintech agenda in your organisation? Or perhaps you’ve been dealing with someone externally ...

View article
Insurers turn backs on in-house tech solutions
Insurance

Insurers turn backs on in-house tech solutions

2y | By Emma Olsson, Reporter

Insurers turn backs on in-house tech solutions

Insurance firms may be turning away from in-house tech solutions and focusing on external partnerships according to market participants and industry b...

View article
Q&A: Habito CTO on the new mortgage market
Banking

Q&A: Habito CTO on the new mortgage market

2y | By Michael McCaw, Editor

Q&A: Habito CTO on the new mortgage market

Over the past few years the mortgage market has grown increasingly complex, leading to the growth of broker websites that aim to help consumers make i...

View article
New liquidity providers to drive out FX last look

New liquidity providers to drive out FX last look

2y | By Rebekah Tunstead, Reporter

New liquidity providers to drive out FX last look

New liquidity providers (LPs) are putting pressure on the market to move away from holding periods in the last look window on electronic spot FX trade...

View article
US banks may struggle with same-day ACH window
Trading & brokering

US banks may struggle with same-day ACH window

2y | By Rebekah Tunstead, Reporter

US banks may struggle with same-day ACH window

Mid and lower tier US banks could find it difficult to run a third batch process within a business day to accommodate an additional same-day Automate ...

View article
Video: Banks must publish faster and to higher standards
Insurance

Video: Banks must publish faster and to higher standards

2y | bobsguide

Video: Banks must publish faster and to higher sta...

While the regulatory wave that followed the financial crisis appears to have crested, financial institutions are still facing new challenges. Global a...

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Buyers brief: Corporate treasurers embrace tech revolution
Treasury

Buyers brief: Corporate treasurers embrace tech revolution

2y | bobsguide

Buyers brief: Corporate treasurers embrace tech re...

For the past two decades corporate treasurers have been eagerly awaiting a wave of technological change to help cope with their ever-increasing worklo...

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AI adoption flounders in CRM
Insurance

AI adoption flounders in CRM

2y | By Emma Olsson, Reporter

AI adoption flounders in CRM

Despite being touted as the future of customer relationship software, a recent study by Freshworks – a customer engagement company – revea...

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Report: Pressure on retail banktech as relations change
Insurance

Report: Pressure on retail banktech as relations change

2y | By Michael McCaw, Editor

Report: Pressure on retail banktech as relations c...

Over the past year credit risk has accumulated across portfolios, volatility in market rates has led to increased levels of interest rate risk, and yi...

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Q&A: Currencycloud CTO on market choice, AML, and real-time payments
Trading & brokering

Q&A: Currencycloud CTO on market choice, AML, and real-time payments

2y | By Michael McCaw, Editor

Q&A: Currencycloud CTO on market choice, AML, and ...

Ed Addario was appointed Currencycloud’s chief technology officer in December 2016. Since then, technological advances across payments have ramp...

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Insurtech in review: new and old players adapt to a changing landscape
Banking

Insurtech in review: new and old players adapt to a changing landscape

2y | By Emma Olsson, Reporter

Insurtech in review: new and old players adapt to ...

Early year studies from Deloitte and McKinsey cited 2019 as the year for insurance firms to embrace new partnerships and join in the tech revolution. ...

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Q&A: Thought Machine CTO on agility, legacy systems, and cloud management
Insurance

Q&A: Thought Machine CTO on agility, legacy systems, and cloud management

2y | By Michael McCaw, Editor

Q&A: Thought Machine CTO on agility, legacy system...

Previously a senior software engineer at Google, William Montgomery brought unique insights into developing large scale cloud infrastructure with him ...

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Capital markets regtech in review
Trading & brokering

Capital markets regtech in review

2y | By Rebekah Tunstead, Reporter

Capital markets regtech in review

While fintech investment is expected to grow at about $80bn a year, spending in regtech is predicted to go beyond $115bn in the next four years, accor...

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US banks explore alt data for credit underwriting
Insurance

US banks explore alt data for credit underwriting

2y | By Rebekah Tunstead, Reporter

US banks explore alt data for credit underwriting

US banks are researching use cases of alternative data in the lending space, according to software vendors. “The risk of using al...

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2020 fintech conferences to watch out for
Banking

2020 fintech conferences to watch out for

2y | bobsguide

2020 fintech conferences to watch out for

Bobsguide have complied a list of the global fintech conferences that will take place during 2020. This page will be updated as and when new informati...

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Scope of FCA’s cryptoasset AML regime unclear
Treasury

Scope of FCA’s cryptoasset AML regime unclear

2y | By Rebekah Tunstead, Reporter

Scope of FCA’s cryptoasset AML regime unclear

The UK's Financial Conduct Authority (FCA) is unsure as to whether international firms conducting cryptoasset activity in the UK will be subj...

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Ripple “growing quickly” but may wait to review transaction data publications
Banking

Ripple “growing quickly” but may wait to review transaction data publications

2y | By Emma Olsson, Reporter

Ripple “growing quickly” but may wait to review tr...

Ripple may review its policy around publishing transaction data but not until it experiences more growth according to Marcus Treacher, senior vice pre...

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Report: FIs warned to prepare for quantum threats

Report: FIs warned to prepare for quantum threats

2y | By Emma Olsson, Reporter

Report: FIs warned to prepare for quantum threats

Once considered too futuristic to pose a real risk, quantum computers will soon become a reality – and financial institutions (FI) are not yet p...

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FIA Tech’s Davis: Futures industry must prioritise tag 1031 codes
Insurance

FIA Tech’s Davis: Futures industry must prioritise tag 1031 codes

2y | By Rebekah Tunstead, Reporter

FIA Tech’s Davis: Futures industry must prioritise...

Brokers, exchanges, and clearing houses must make implementation of the Future Industry Association (FIA)’s execution source codes a priori...

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Banks to re-think customer data usage

Banks to re-think customer data usage

2y | By Emma Olsson, Reporter

Banks to re-think customer data usage

Customer expectations of their data usage may not match that of banks according to a panel at FinTech Connect in London this week. “I think...

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Banks debate regulators' role in driving innovation

Banks debate regulators' role in driving innovation

2y | By Emma Olsson, Reporter

Banks debate regulators' role in driving innovatio...

“We need to be proactive on either side: regulators and financial institutions. What we need to do is bring all the relevant parties onboard on ...

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Responsible investment definitions dependent on investment platforms and IFAs
Asset management

Responsible investment definitions dependent on investment platforms and IFAs

2y | By Rebekah Tunstead, Reporter

Responsible investment definitions dependent on in...

Asset managers are torn on how the industry is likely to adopt the Investment Association (IA)'s common language framework for responsible investm...

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Report: Race on for CCPA compliance
Insurance

Report: Race on for CCPA compliance

2y | By Michael McCaw, Editor

Report: Race on for CCPA compliance

With the California Consumer Privacy Act (CCPA) going into effect on January 1, firms with activities in the world’s fifth largest economy ...

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Q&A: BNY Mellon CDO on data culture
Asset management

Q&A: BNY Mellon CDO on data culture

2y | By Rebekah Tunstead, Reporter

Q&A: BNY Mellon CDO on data culture

Gary Barr is the chief data officer at BNY Mellon. We caught up with him to discuss changes in data culture, the organisation’s data manage...

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Review and evolve: The leverage ratio today, yesterday and tomorrow
Asset management

Review and evolve: The leverage ratio today, yesterday and tomorrow

2y | By Rebekah Tunstead, Reporter

Review and evolve: The leverage ratio today, yeste...

Since regulators stepped up their inspections of leverage ratios about a decade ago, banks have been jittery about reporting requirements, and how muc...

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People moves: Concirrus, Paragon, CMC and more
Trading & brokering

People moves: Concirrus, Paragon, CMC and more

2y | bobsguide

People moves: Concirrus, Paragon, CMC and more

CMC Markets Appoints Marshall as CFO UK-headquartered derivatives dealer CMC Markets has appointed Euan Marshall as its chief financial officer a...

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Q&A: Northern Trust’s Chapman on securities servicing and innovation
Banking

Q&A: Northern Trust’s Chapman on securities servicing and innovation

2y | By Rebekah Tunstead, Reporter

Q&A: Northern Trust’s Chapman on securities servic...

Justin Chapman is the global executive for securities services and the global head for market advocacy and innovation research at Northern Trust. As p...

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Rapid rise in biometric authentication leaves space for fraudsters
Banking

Rapid rise in biometric authentication leaves space for fraudsters

2y | By Emma Olsson, Reporter

Rapid rise in biometric authentication leaves spac...

New studies show that biometric authentication usage is on the rise, but some researchers warn against its adoption without proper fraud protocols. Th...

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Regulator input could inhibit consumer access to financial data
Banking

Regulator input could inhibit consumer access to financial data

2y | By Rebekah Tunstead, Reporter

Regulator input could inhibit consumer access to f...

Involvement by regulators to create a new API standard for consumers and businesses to access their own financial data could slow down industry initia...

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Buyers’ brief: retail banks look to close tech gap
Banking

Buyers’ brief: retail banks look to close tech gap

2y | bobsguide

Buyers’ brief: retail banks look to close tech gap

Retail banking is evolving rapidly. It’s a good thing too, as firms across the financial services sector. Pay-as-you-go car insurance by the mil...

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Financial services take lessons from machine learning
Asset management

Financial services take lessons from machine learning

2y | By Emma Olsson, Reporter

Financial services take lessons from machine learn...

Open Banking promises increased access to customer data, but with newfound transparency comes a greater need to understand how that data is utilised. ...

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Q&A: Bank of France’s CTO talks cyber security, data lakes, and blockchain
Banking

Q&A: Bank of France’s CTO talks cyber security, data lakes, and blockchain

2y | By Emma Olsson, Reporter

Q&A: Bank of France’s CTO talks cyber security, da...

Daniel Cukier has been at Banque de France (BdF) for over 18 years. He has been chief technology officer (CTO) since March 2016, leading the central b...

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Banks to assess internal data with greater frequency
Banking

Banks to assess internal data with greater frequency

2y | By Rebekah Tunstead, Reporter

Banks to assess internal data with greater frequen...

Banks must focus on breaking down their data management strategies to a quarterly basis, said the chief data officer, risk and finance at ING Ban...

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More than just crypto: blockchain usage grows amidst greater regulation
Trading & brokering

More than just crypto: blockchain usage grows amidst greater regulation

2y | By Emma Olsson, Reporter

More than just crypto: blockchain usage grows amid...

With countries such as China and Germany laying the groundwork for their blockchain legislation in the past few months, and financial services still u...

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Bobsguide Rankings 2019 announced
Asset management

Bobsguide Rankings 2019 announced

2y | bobsguide

Bobsguide Rankings 2019 announced

Each year, the bobsguide Rankings become more competitive, reflective of the vibrant fintech ecosystem and the market it serves. We ask the market to ...

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BoE and FCA to revise data collection
Insurance

BoE and FCA to revise data collection

2y | By Rebekah Tunstead, Reporter

BoE and FCA to revise data collection

UK regulators are set to review how they approach data collection, according to the chief data officer at the Bank of England (BoE) and the Finan...

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Barclays' Gordon: Risk managers to be trained in Python and R
Asset management

Barclays' Gordon: Risk managers to be trained in Python and R

2y | By Rebekah Tunstead, Reporter

Barclays' Gordon: Risk managers to be trained in P...

Financial institutions must look to educate existing staff on data practices before hiring more data scientists, agreed a panel at the Financial Infor...

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People moves: Bank of Ireland, Tide, Huntington, and more
Banking

People moves: Bank of Ireland, Tide, Huntington, and more

2y | bobsguide

People moves: Bank of Ireland, Tide, Huntington, a...

TransUnion appoints Mike Davies as UK COO Consumer credit reporting agency TransUnion has appointed Mike Davies as new UK COO. He will look after the ...

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Report: Doubt over capital impact of FRTB’s IMA
Banking

Report: Doubt over capital impact of FRTB’s IMA

2y | By Rebekah Tunstead, Reporter

Report: Doubt over capital impact of FRTB’s IMA

The capital impact of the Basel Committee on Banking Supervision (BCBS)’s Fundamental review of the trading book (FRTB) is still being debated b...

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Buyers’ brief: Banks innovate with corporate venture capital
Banking

Buyers’ brief: Banks innovate with corporate venture capital

2y | bobsguide

Buyers’ brief: Banks innovate with corporate ventu...

A relatively new development is the recent growth in corporate venture capital (CVC) spending. Corporates interest in start-ups and, consequently, the...

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SocGen’s Loo: Fintech independence important
Banking

SocGen’s Loo: Fintech independence important

2y | By Rebekah Tunstead, Reporter

SocGen’s Loo: Fintech independence important

Fintechs involved in accelerators need to keep their independence to drive innovation, according to the deputy head of sales for global markets at Soc...

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Euronext gears up M&A strategy for international growth
Insurance

Euronext gears up M&A strategy for international growth

2y | By Rebekah Tunstead, Reporter

Euronext gears up M&A strategy for international g...

Creating a fully cross-border infrastructure is a priority for Euronext in it's as it looks externally for growth opportunities, according to the ...

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ECB’s Löber: Industry must understand blockchain trade-offs
Insurance

ECB’s Löber: Industry must understand blockchain trade-offs

2y | By Rebekah Tunstead, Reporter

ECB’s Löber: Industry must understand blockchain t...

The payments industry is reaching saturation point with blockchain initiatives, according to the head of oversight division at the European Central Ba...

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Concerns raised over smart contract coding issues
Insurance

Concerns raised over smart contract coding issues

2y | By Rebekah Tunstead, Reporter

Concerns raised over smart contract coding issues

Questions are still being asked around the ability of smart contracts to fulfil financial transactions. “This is a big thing, it is much more di...

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Identity intelligence and biometrics key to fraud prevention
Insurance

Identity intelligence and biometrics key to fraud prevention

2y | By Michael McCaw, Editor

Identity intelligence and biometrics key to fraud ...

Utilising digital identity intelligence and behavioural biometrics on top of a multilayer approach to detecting and preventing fraud could be crucial ...

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Barclays’ CTO: Isda’s CDM to drive trading efficiency
Asset management

Barclays’ CTO: Isda’s CDM to drive trading efficiency

2y | By Rebekah Tunstead, Reporter

Barclays’ CTO: Isda’s CDM to drive trading efficie...

Driving efficiency through the International Swaps and Derivatives Association (Isda)'s Common Domain Model (CDM) will prevent banks from exiting ...

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Kansas Fed to revise community bank strategy
Banking

Kansas Fed to revise community bank strategy

2y | By Rebekah Tunstead, Reporter

Kansas Fed to revise community bank strategy

The Federal Reserve Bank of Kansas City needs to reconsider its approach in encouraging innovation within community banks according to Jackie Nugent, ...

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DLT chief: Chinese blockchain focus to drive industrialisation

DLT chief: Chinese blockchain focus to drive industrialisation

2y | By Emma Olsson, Reporter

DLT chief: Chinese blockchain focus to drive indus...

China’s move to embrace blockchain will not just benefit cryptocurrency markets, according to Nish Kotecha, co-founder of blockchain provider Fi...

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China takes lead in crypto regulation; US at standstill

China takes lead in crypto regulation; US at standstill

2y | By Emma Olsson, Reporter

China takes lead in crypto regulation; US at stand...

China's regulators have attempted to take proactive measures towards growing cryptocurrency markets as counterparts in other major jurisdicti...

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Quantum computing commercial cases predicted within decade
Insurance

Quantum computing commercial cases predicted within decade

2y | By Rebekah Tunstead, Reporter

Quantum computing commercial cases predicted withi...

It will be between three and five years before a commercial use case for quantum computing comes to market, agreed a panel at Money 2020 US in Las Veg...

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JP Morgan head of analytics and data: Change required before banks embrace AI
Banking

JP Morgan head of analytics and data: Change required before banks embrace AI

2y | By Michael McCaw, Editor

JP Morgan head of analytics and data: Change requi...

Banks need to address a cultural shift in order to make the best use of artificial intelligence (AI), according to Samik Chandarana, head data and ana...

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Centralised database “the next step” in biometrics
Insurance

Centralised database “the next step” in biometrics

2y | By Michael McCaw, Editor

Centralised database “the next step” in biometrics

A centralised biometrics storage entity will develop in the near future, but questions are being raised over what that entity would look like, how to ...

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BBVA chairman: data blurring industry lines
Banking

BBVA chairman: data blurring industry lines

2y | By Rebekah Tunstead, Reporter

BBVA chairman: data blurring industry lines

Creating a more insightful customer experience requires banks to look beyond their own data, according to Carlos Torres Vila, chairman of BBVA. &...

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Banks could be the future vault of personal data
Banking

Banks could be the future vault of personal data

2y | By Rebekah Tunstead, Reporter

Banks could be the future vault of personal data

Consumers may use banks to safely store their personal data in the future, according to Jeremy Balkin, head of innovation at HSBC US. “In t...

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Baas choice critical for early stage fintechs
Banking

Baas choice critical for early stage fintechs

2y | By Michael McCaw, Editor

Baas choice critical for early stage fintechs

Making the right choice of banking as a service (baas) provider is critical for start up and early stage fintechs, according to Kristen Tyrrell A...

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Banks looking for regulatory clarity before joining Libra
Insurance

Banks looking for regulatory clarity before joining Libra

2y | By Rebekah Tunstead, Reporter

Banks looking for regulatory clarity before joinin...

Addressing regulatory uncertainty will be necessary before banks look to join Facebook’s Libra Association, according to David Marcus, head of C...

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PayPal CEO: Parts of capitalism are broken
Banking

PayPal CEO: Parts of capitalism are broken

2y | By Michael McCaw, Editor

PayPal CEO: Parts of capitalism are broken

Problems sit at the core of modern day market dynamics, according to Dan Schulman, president and CEO of PayPal. “It is broken in certain areas&h...

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McKinsey’s Rajgopal: Volcker Rule not doomsday for bank/fintech partnerships
Banking

McKinsey’s Rajgopal: Volcker Rule not doomsday for bank/fintech partnerships

2y | By Emma Olsson, Reporter

McKinsey’s Rajgopal: Volcker Rule not doomsday for...

Regulatory changes in the US, including the rollback of the Volcker rule, will not be “deterministic” of banks’ propensity to partne...

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AMF’s Bonnet: Emir reporting errors from system changes
Banking

AMF’s Bonnet: Emir reporting errors from system changes

2y | By Rebekah Tunstead, Reporter

AMF’s Bonnet: Emir reporting errors from system ch...

Regular IT changes and upgrades across banks is causing regulatory reporting errors, according to Christophe Bonnet, head of the data driven...

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US bank CTO: Regulators providing "zero" support for innovation
Banking

US bank CTO: Regulators providing "zero" support for innovation

2y | By Rebekah Tunstead, Reporter

US bank CTO: Regulators providing "zero" support f...

US regulators are failing to provide the necessary support to foster innovation among the country's community banks, according to Suresh Ramamurth...

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Crypto chief: Centralised digital currencies could deter corruption

Crypto chief: Centralised digital currencies could deter corruption

2y | By Emma Olsson, Reporter

Crypto chief: Centralised digital currencies could...

The ability to program digital currencies could grant central banks greater control over the monetary system, according to co-founder of cryptocurrenc...

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Ecommerce facing 3DS2 hurdles

Ecommerce facing 3DS2 hurdles

2y | By Emma Olsson, Reporter

Ecommerce facing 3DS2 hurdles

Implementing 3D Secure 2 (3DS2) – a cornerstone of the strong customer authentication (SCA) rules outlined in Europe’s second payments dir...

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Legacy culture remains insurers greatest hurdle
Insurance

Legacy culture remains insurers greatest hurdle

2y | By Emma Olsson, Reporter

Legacy culture remains insurers greatest hurdle

Legacy culture is the greatest impediment to insurance industry innovation, according to Capgemini’s Executive Vice President and P&C Insura...

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Ferber: Multiple questions remain for Libra
Banking

Ferber: Multiple questions remain for Libra

2y | By Emma Olsson, Reporter

Ferber: Multiple questions remain for Libra

Politicians in Europe are still concerned over potential risks the Libra Association’s cryptocurrency could bring to markets. “As regulato...

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Algo trading innovations stoke fear despite increased popularity
Trading & brokering

Algo trading innovations stoke fear despite increased popularity

2y | By Emma Olsson, Reporter

Algo trading innovations stoke fear despite increa...

Once feared by traders and regulators alike, attitudes towards algorithmic trading have changed. The development of more sophisticated algorithms, adv...

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Voting opens for the bobsguide Software Rankings 2019
Trading & brokering

Voting opens for the bobsguide Software Rankings 2019

2y | By Michael McCaw, Editor

Voting opens for the bobsguide Software Rankings 2...

Voting is now open for the 2019 bobsguide Software Rankings.  Each year we ask those within financial services to vote for technology firms ...

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BNY Mellon on multiyear cleanse of internal data
Asset management

BNY Mellon on multiyear cleanse of internal data

2y | By Rebekah Tunstead, Reporter

BNY Mellon on multiyear cleanse of internal data

It will take a couple of years for BNY Mellon to cleanse its data so it can be used across the company, according to the bank's global head o...

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No commercial use for blockchain, say banks
Banking

No commercial use for blockchain, say banks

2y | By Rebekah Tunstead, Reporter

No commercial use for blockchain, say banks

Challenges around scalability and cost pressures have resulted in an inability to create a viable commercial use case for blockchain technology, accor...

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Deutsche Bank’s Maley: Banks let fintech take market share
Banking

Deutsche Bank’s Maley: Banks let fintech take market share

2y | By Rebekah Tunstead, Reporter

Deutsche Bank’s Maley: Banks let fintech take mark...

Banks have allowed fintechs to take a large portion of market share, according to Paul Maley, managing director, head of corporate bank UK and Ireland...

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Barclays had "fingers burned” interfacing bots across systems
Insurance

Barclays had "fingers burned” interfacing bots across systems

2y | By Rebekah Tunstead, Reporter

Barclays had "fingers burned” interfacing bots acr...

Barclays has run into problems when project managing end-to-end system upgrades, according to Martin King, head of process transformation for ris...

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Buy-side must be ready for early SFTR go-live
Insurance

Buy-side must be ready for early SFTR go-live

2y | By Rebekah Tunstead, Reporter

Buy-side must be ready for early SFTR go-live

Fund managers may be required to provide data under the EU’s Securities Financing Transaction Regulation (SFTR) ahead of their reporting deadlin...

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John Glen MP: "Rapid" evolution of cash alternatives needed
Banking

John Glen MP: "Rapid" evolution of cash alternatives needed

2y | By Rebekah Tunstead, Reporter

John Glen MP: "Rapid" evolution of cash alternativ...

Innovation in alternatives to cash must become a priority, according to John Glen, economic secretary to the UK government's treasury. &ldquo...

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Hurdles in real-time payments despite accelerated uptake
Banking

Hurdles in real-time payments despite accelerated uptake

2y | By Michael McCaw, Editor

Hurdles in real-time payments despite accelerated ...

Adoption of real-time payments has been picking up recently, according to a recent report by FIS, but not without barriers. Research by the payments g...

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London Lord Mayor: Emerging markets threaten UK’s fintech status

London Lord Mayor: Emerging markets threaten UK’s fintech status

2y | By Rebekah Tunstead, Reporter

London Lord Mayor: Emerging markets threaten UK’s ...

The UK must drive innovation to remain a key fintech hub as emerging markets scale rapidly, according to Peter Estlin, Lord Mayor of the City of ...

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Commerzbank’s Weitzel: Germany looks to lead Europe with blockchain legislation
Banking

Commerzbank’s Weitzel: Germany looks to lead Europe with blockchain legislation

2y | By Rebekah Tunstead, Reporter

Commerzbank’s Weitzel: Germany looks to lead Europ...

The German Federal Ministry of Finance’s proposal to legislate for blockchain technology is an example of how German policy makers and...

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Ripple builds liquidity capabilities
Banking

Ripple builds liquidity capabilities

2y | By Michael McCaw, Editor

Ripple builds liquidity capabilities

US-based Ripple is ramping up its instant liquidity capabilities in a bid to stand out in the increasingly competitive cross-border payments sphere, a...

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Red Hat's Hooley: Banks will “never upgrade old systems” because it’s “too expensive”
Banking

Red Hat's Hooley: Banks will “never upgrade old systems” because it’s “too expensive”

2y | By Rebekah Tunstead, Reporter

Red Hat's Hooley: Banks will “never upgrade old sy...

Modernising retail banks’ infrastructure is so time consuming and expensive that many will look to migrate customers to new digital su...

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Delatinne: RippleNet clients' exposure to XRP fluctuations minimal
Banking

Delatinne: RippleNet clients' exposure to XRP fluctuations minimal

2y | By Michael McCaw, Editor

Delatinne: RippleNet clients' exposure to XRP fluc...

Ripple customers looking to utilise the firm’s on-demand liquidity capabilities are not impacted by fluctuations in the company’s crypto a...

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BoE’s Williams: Banks' third party cyber security worries growing
Insurance

BoE’s Williams: Banks' third party cyber security worries growing

2y | By Rebekah Tunstead, Reporter

BoE’s Williams: Banks' third party cyber security ...

Monitoring third party’s cyber security is a growing concern for banks, according to Paul Williams, senior technical advisor, operational r...

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People moves: RBS, Revolut, Capitolis
Asset management

People moves: RBS, Revolut, Capitolis

2y | bobsguide

People moves: RBS, Revolut, Capitolis

RBS appoints a new CEO Royal Bank of Scotland has announced the appointment of Alison Rose as new chief executive officer. Rose will su...

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Fraud a natural fit for AI applications
Banking

Fraud a natural fit for AI applications

2y | By Michael McCaw, Editor

Fraud a natural fit for AI applications

Detection of fraudulent activity in the payments world is the perfect place for artificial intelligence to blossom, according to Riteesh Singh, senior...

View article
Deloitte's Jackson: Generic transaction monitoring rules wasteful
Banking

Deloitte's Jackson: Generic transaction monitoring rules wasteful

2y | By Rebekah Tunstead, Reporter

Deloitte's Jackson: Generic transaction monitoring...

Firms must go back to basics and simplify transaction monitoring and know your customer (KYC) processes, according to Katie Jackson, a partner at Delo...

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Bitcoin futures market heats up
Banking

Bitcoin futures market heats up

2y | bobsguide

Bitcoin futures market heats up

Bitcoin futures have been trading for almost two years now – but the marketplace for those trades has been a relatively quiet one. Both the deri...

View article
Google’s Breslow: Very little actual financial crime is being detected
Insurance

Google’s Breslow: Very little actual financial crime is being detected

2y | By Rebekah Tunstead, Reporter

Google’s Breslow: Very little actual financial cri...

A large portion of financial crime is going undetected due to data problems causing high levels of false positive rates in financial institutions&rsqu...

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Deutsche Bank’s Sewing: EU tech investment crucial to combat slowdown
Banking

Deutsche Bank’s Sewing: EU tech investment crucial to combat slowdown

2y | By Rebekah Tunstead, Reporter

Deutsche Bank’s Sewing: EU tech investment crucial...

Europe's stuttering markets must do more to attract investment in technology according to Christian Sewing, chief executive officer at D...

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Standard Bank’s Thatiah: Corporate client-driven APIs at heart of transformation
Banking

Standard Bank’s Thatiah: Corporate client-driven APIs at heart of transformation

2y | By Michael McCaw, Editor

Standard Bank’s Thatiah: Corporate client-driven A...

API-enabled corporates have driven the transformation of Standard Bank, according to Dushen Thatiah, head of trade and cash management. “The nee...

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LSE’s Schwimmer: Shanghai the financial centre of China
Insurance

LSE’s Schwimmer: Shanghai the financial centre of China

2y | By Rebekah Tunstead, Reporter

LSE’s Schwimmer: Shanghai the financial centre of ...

“For the long-term, for the financial centre for China? We view Shanghai as the financial centre for China,” said David Schwimmer, ch...

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HSBC’s Bloom: The euro is stuck
Insurance

HSBC’s Bloom: The euro is stuck

2y | By Rebekah Tunstead, Reporter

HSBC’s Bloom: The euro is stuck

The immediate outlook for the euro doesn’t look set to improve, according to David Bloom, head of FX research at HSBC. “We've just rec...

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HPE’s Armstrong-Barnes: Fraud detection and prevention becoming “significantly more problematic”
Banking

HPE’s Armstrong-Barnes: Fraud detection and prevention becoming “significantly more problematic”

2y | By Michael McCaw, Editor

HPE’s Armstrong-Barnes: Fraud detection and preven...

Banks and financial institutions are having to cope with increasingly more onerous fraud threats, according to Hewlett Packard Enterprise’s chie...

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BIS’ Schrimpf: Central banks look to alternative data to monitor markets
Insurance

BIS’ Schrimpf: Central banks look to alternative data to monitor markets

2y | By Rebekah Tunstead, Reporter

BIS’ Schrimpf: Central banks look to alternative d...

Alternative data is becoming increasingly essential for central banks in their examination of markets movements, according to Andreas Schrimpf, chief ...

View article
Bobsguide Payments Rankings 2019 announced
Trading & brokering

Bobsguide Payments Rankings 2019 announced

2y | bobsguide

Bobsguide Payments Rankings 2019 announced

This year we have asked market participants to select who they believe to be the leaders in the payments and paytech industries, and votes flooded in ...

View article
IM AANA calculation time "not enough"
Asset management

IM AANA calculation time "not enough"

2y | By Rebekah Tunstead, Reporter

IM AANA calculation time "not enough"

Time consuming preparations are forcing firms to estimate the number of entities which come under the scope of uncleared margin rules by calculating&n...

View article
FCA’s Fox: UK regulators to request detailed data from market on Libor transition
Insurance

FCA’s Fox: UK regulators to request detailed data from market on Libor transition

2y | By Rebekah Tunstead, Reporter

FCA’s Fox: UK regulators to request detailed data ...

The Bank of England and Financial Conduct Authority (FCA) are set to move beyond large institutions to a wider scope of market participants with a req...

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KPMG’s Swinburne: Lack of trading venue equivalence will move liquidity to EU

KPMG’s Swinburne: Lack of trading venue equivalence will move liquidity to EU

2y | By Rebekah Tunstead, Reporter

KPMG’s Swinburne: Lack of trading venue equivalenc...

Firms must prepare for a lack of equivalence of trading venues between the UK and the European Union being used as a political tool, warned Kay Swinbu...

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Schroders’ Marsland: Governing fintech partnerships becoming an “enormous” challenge
Asset management

Schroders’ Marsland: Governing fintech partnerships becoming an “enormous” challenge

2y | By Rebekah Tunstead, Reporter

Schroders’ Marsland: Governing fintech partnership...

The increasing need for firms to have resilient operating models is putting pressure on fintech partnerships, according to John Marsland, chief o...

View article
Goldman Sachs, Bloomberg streamline analytics for algo future
Banking

Goldman Sachs, Bloomberg streamline analytics for algo future

2y | By Michael McCaw, Editor

Goldman Sachs, Bloomberg streamline analytics for ...

Bloomberg’s launch of a new analytics hosting service for algorithmic orders on FXGO rationalises the trade workflow as market participants look...

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Buyers’ brief: Fintech drives capital markets
Asset management

Buyers’ brief: Fintech drives capital markets

2y | bobsguide

Buyers’ brief: Fintech drives capital markets

In the wake of the financial crisis, regulators in the US and Europe have ramped up their oversight on capital markets institutions, driving up compli...

View article
DTCC’s Steadman: Firms must work together to boost SFTR preparations
Trading & brokering

DTCC’s Steadman: Firms must work together to boost SFTR preparations

2y | By Alex Hamilton, Reporter

DTCC’s Steadman: Firms must work together to boost...

Financial institutions need to maintain a herd mentality when it comes to testing and preparing to operate under the Securities and Financing Transact...

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Time running out for alternative investment and Ucits funds to implement stress test systems
Asset management

Time running out for alternative investment and Ucits funds to implement stress test systems

2y | By Rebekah Tunstead, Reporter

Time running out for alternative investment and Uc...

A lack of sufficient time to implement liquidity stress testing systems to comply with new European requirements is causing concern among managers of ...

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Firms lagging in choosing SFTR systems
Insurance

Firms lagging in choosing SFTR systems

2y | By Rebekah Tunstead, Reporter

Firms lagging in choosing SFTR systems

A large portion of the market is yet to choose systems for Securities Financing Transactions Regulations (SFTR) compliance due to uneasiness around in...

View article
TMS/RMS buying guides launched
Insurance

TMS/RMS buying guides launched

2y | bobsguide

TMS/RMS buying guides launched

Developments within the fintech arena are never far away. Updates to systems, new technologies, and protocols, aligned with developments in the financ...

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Q&A: Nomura's EMEA CTO Nick Wadge
Banking

Q&A: Nomura's EMEA CTO Nick Wadge

2y | By Rebekah Tunstead, Reporter

Q&A: Nomura's EMEA CTO Nick Wadge

“The two results of a proof of concept we conducted show that by using AI we could improve the hit ratio and lead to higher trading revenues whi...

View article
Germany takes lead on Mifid reform
Insurance

Germany takes lead on Mifid reform

2y | By Rebekah Tunstead, Reporter

Germany takes lead on Mifid reform

The German Ministry of Finance has put itself forward as a key initiator of regulatory change in Europe with the publication of two position papers of...

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First Mutual CEO: Volcker Rule changes “get us a seat” at the fintech table
Banking

First Mutual CEO: Volcker Rule changes “get us a seat” at the fintech table

2y | By Rebekah Tunstead, Reporter

First Mutual CEO: Volcker Rule changes “get us a s...

Community banks are set to reap the benefits of amendments to the Volcker Rule with increased fintech investment, according to Tom Fraser, the chief e...

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Libor fallback language management causing unrest
Banking

Libor fallback language management causing unrest

2y | By Michael McCaw, Editor

Libor fallback language management causing unrest

The negotiation of bespoke fallback clauses as firms weave their way through the transition from Libor presents a huge task, despite work by regulator...

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Absence of trader ID disclosures leading to Mifid II reporting failure
Insurance

Absence of trader ID disclosures leading to Mifid II reporting failure

2y | By Rebekah Tunstead, Reporter

Absence of trader ID disclosures leading to Mifid ...

Uncertainty regarding reference data – particularly the identification of individual traders or decision makers in transaction reporting –...

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Deutsche Bank’s treasury systems set for reform
Treasury

Deutsche Bank’s treasury systems set for reform

2y | By Rebekah Tunstead, Reporter

Deutsche Bank’s treasury systems set for reform

Plans to revamp Deutsche Bank’s treasury management systems are currently under review, according to a Deutsche Bank spokesperson. According to ...

View article
People moves: Revolut, UBS and more
Asset management

People moves: Revolut, UBS and more

2y | bobsguide

People moves: Revolut, UBS and more

Meniga appoints new chief operating officer UK-based Meniga has appointed Arpit Kaushik as new chief operating officer. He has held senior r...

View article
Singaporeans may show reluctance towards digital only banks
Banking

Singaporeans may show reluctance towards digital only banks

2y | By Rebekah Tunstead, Reporter

Singaporeans may show reluctance towards digital o...

The Singapore market might not be ready for fully digital banks despite the city-state’s regulator announcing five digital banking licences this...

View article
Uncertainty over Pripps performance scenario options continues
Asset management

Uncertainty over Pripps performance scenario options continues

2y | By Rebekah Tunstead, Reporter

Uncertainty over Pripps performance scenario optio...

A divergence of regulatory approaches to recommendations for assessing how consumers could be helped by a new investment disclosure regulation for fun...

View article
Risk fears dispelled by fintechs as trade bodies welcome Volcker amendment
Banking

Risk fears dispelled by fintechs as trade bodies welcome Volcker amendment

2y | By Michael McCaw, Editor

Risk fears dispelled by fintechs as trade bodies w...

Suggestions that the amendment to the Volcker rule will increase systematic risk have been cast aside by fintechs as trade associations and lobby grou...

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ECB takes blame for Bird website infection
Banking

ECB takes blame for Bird website infection

2y | By Alex Hamilton, Reporter

ECB takes blame for Bird website infection

A malware infection which caused the shutdown of a European Central Bank (ECB) website should not be blamed on its third-party service provider, accor...

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Isda’s McGonagle: Flexibility key for new reporting agreement
Trading & brokering

Isda’s McGonagle: Flexibility key for new reporting agreement

2y | By Alex Hamilton, Reporter

Isda’s McGonagle: Flexibility key for new reportin...

Flexibility is key to the Master Reporting Agreement for the Securities Financing Transactions Regulation (SFTR) and European Market Infrastructure Re...

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Buyers' brief: Insurance advances
Insurance

Buyers' brief: Insurance advances

2y | bobsguide

Buyers' brief: Insurance advances

A recent report by PwC stated that “the urgent need for business and technology modernisation poses the greatest threat to the global insurance ...

View article
LSE trading delay an internal problem
Trading & brokering

LSE trading delay an internal problem

2y | By Rebekah Tunstead, Reporter

LSE trading delay an internal problem

A “technical software issue” at the London Stock Exchange (LSE) which delayed FTSE 100 and FTSE 250 trading was not caused by a third-part...

View article
Revolut targets business banking market
Banking

Revolut targets business banking market

2y | By Michael McCaw, Editor

Revolut targets business banking market

Following the launch of its expenses management tool last week James Gibson, senior product owner of Revolut confirms the bank is pivoting more to the...

View article
Chinese crypto “no surprise”
Payments

Chinese crypto “no surprise”

2y | By Alex Hamilton, Reporter

Chinese crypto “no surprise”

News that a Beijing-backed digital currency is in the offing comes as no shock to the market, according to Daniel Scott, CEO at CoinCorner. “Chi...

View article
BCR awards grants to drive lending and payments services
Payments

BCR awards grants to drive lending and payments services

2y | bobsguide

BCR awards grants to drive lending and payments se...

The Board of Banking Competition Remedies (BCR) has announced results of the Capability and Innovation Fund (CIF) Pool C grant process, which wil...

View article
Black box problem stunting ML adoption in default risk analysis
Banking

Black box problem stunting ML adoption in default risk analysis

2y | By Rebekah Tunstead, Reporter

Black box problem stunting ML adoption in default ...

Difficulties in explaining machine learning (ML) models is causing concern as banks look to the technology for default risk analysis, according to mar...

View article
CFPB support bolsters lenders’ alternative data developments
Banking

CFPB support bolsters lenders’ alternative data developments

2y | By Alex Hamilton, Reporter

CFPB support bolsters lenders’ alternative data de...

As the US Consumer Financial Protection Bureau (CFPB) turns its attention to applications of machine learning and alternative data within credit marke...

View article
Q&A: CME’s Blu Putnam on reconstructing the order book, rate cuts and slowdowns
Treasury

Q&A: CME’s Blu Putnam on reconstructing the order book, rate cuts and slowdowns

2y | By Michael McCaw, Editor

Q&A: CME’s Blu Putnam on reconstructing the order ...

For traders, billions of data points have become available over the past few years – useful in the search for arbitrage only when the appropriat...

View article
Report: Financial regulators stand firm in face of data-hungry BigTech
Banking

Report: Financial regulators stand firm in face of data-hungry BigTech

2y | By Alex Hamilton, Reporter

Report: Financial regulators stand firm in face of...

“We are seeing some companies looking to establish a payment system that bypasses our banks and our currency,” US Federal Reserve governor...

View article
Ed comment: Economic headwinds batter, but will regtech bail markets out?
Trading & brokering

Ed comment: Economic headwinds batter, but will regtech bail markets out?

2y | By Michael McCaw, Editor

Ed comment: Economic headwinds batter, but will re...

“This is the beginning of de-globalization and balkanization of the global economy and de-coupling between the US and China,” said economi...

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US regulators need data breach prevention focus
Banking

US regulators need data breach prevention focus

2y | By Alex Hamilton, Reporter

US regulators need data breach prevention focus

US regulators should avoid using punishing fines as a first response to data breaches at banks and focus on building prevention solutions, say se...

View article
FIS looks for scale in Worldpay deal
Payments

FIS looks for scale in Worldpay deal

2y | By Michael McCaw, Editor

FIS looks for scale in Worldpay deal

The announcement of the closure of FIS’s acquisition of Worldpay last week is part of a continual expansion strategy into new markets and opport...

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Market split on BoJo’s fintech factor
Payments

Market split on BoJo’s fintech factor

2y | By Alex Hamilton, Reporter

Market split on BoJo’s fintech factor

With investment in UK fintech firms increasing year-on-year, market participants are debating just how new prime minister Boris Johnson might affect t...

View article
Report: Asset managers hesitate with Libor transition
Asset management

Report: Asset managers hesitate with Libor transition

2y | By Rebekah Tunstead, Reporter

Report: Asset managers hesitate with Libor transit...

While asset managers may wait for their counterparty banks to navigate them through the transition away from the London Inter-bank Offered Rate (Libor...

View article
People moves: Revolut, HSBC and more
Treasury

People moves: Revolut, HSBC and more

2y | bobsguide

People moves: Revolut, HSBC and more

InvestCloud appoints new CFO California-headquartered InvestCloud has appointed Rebecca Sanchez Sarmiento as CFO, the company announced on July 2. Sar...

View article
European regulators prepare SCA flexibility for struggling industry
Payments

European regulators prepare SCA flexibility for struggling industry

2y | By Alex Hamilton, Reporter

European regulators prepare SCA flexibility for st...

Germany’s Federal Financial Supervisory Authority (BaFin) and other national competent authorities (NCAs) across Europe are looking to...

View article
AI advances negate retail banking explainability
Banking

AI advances negate retail banking explainability

2y | By Alex Hamilton, Reporter

AI advances negate retail banking explainability

AI platforms will become so advanced that explaining their decisions to retail banking customers would be secondary to the service provided, according...

View article
FreedomPay CTO: GDPR still a concern as SCA deadline looms
Payments

FreedomPay CTO: GDPR still a concern as SCA deadline looms

2y | By Alex Hamilton, Reporter

FreedomPay CTO: GDPR still a concern as SCA deadli...

Despite the encroaching September deadline for strong customer authentication (SCA) under the second Payments Services Directive (PSD2), merchants and...

View article
The future of risk management - challenge or opportunity?
Asset management

The future of risk management - challenge or opportunity?

2y | By Alex Hamilton, Reporter

The future of risk management - challenge or oppor...

The risk management landscape is one that is evolving rapidly, alongside new regulatory requirements and technological innovations. Firms are still fe...

View article
Q&A: SocGen’s Woolley on technology transformation in wholesale banking
Banking

Q&A: SocGen’s Woolley on technology transformation in wholesale banking

2y | By Rebekah Tunstead, Reporter

Q&A: SocGen’s Woolley on technology transformation...

Société Générale (SocGen) appointed Anthony Woolley as head of innovation for the UK in October 2017. Bobsguide caught up ...

View article
Pressure on CTRM/ETRM systems to find arbitrage
Trading & brokering

Pressure on CTRM/ETRM systems to find arbitrage

2y | By Rebekah Tunstead, Reporter

Pressure on CTRM/ETRM systems to find arbitrage

For years commodity traders and risk managers depended on legacy systems, spreadsheets and paper documentation. But with commodity markets becoming mo...

View article
Q&A: moneycorp US CEO Bob Dowd
Payments

Q&A: moneycorp US CEO Bob Dowd

2y | By Michael McCaw, Editor

Q&A: moneycorp US CEO Bob Dowd

Foreign exchange and payments firms have upped their game significantly in recent years, with a handful of big players diversifying and looking for ne...

View article
SunTec CEO: Banks should ignore core replacement pressure
Banking

SunTec CEO: Banks should ignore core replacement pressure

2y | By Alex Hamilton, Reporter

SunTec CEO: Banks should ignore core replacement p...

Banks shouldn’t feel pressured into wholesale changes to their core banking systems, when the real battle for innovation and customer retention ...

View article
Fast and furious: Algo trading pros and cons
Trading & brokering

Fast and furious: Algo trading pros and cons

2y | By Alex Hamilton, Reporter

Fast and furious: Algo trading pros and cons

Algorithmic trading, also sometimes referred to as black-box trading, automated trading or algo trading, has developed from its beginnings as the comp...

View article
Position reporting not a fast fix for Emir ETD obligations
Trading & brokering

Position reporting not a fast fix for Emir ETD obligations

2y | By Rebekah Tunstead, Reporter

Position reporting not a fast fix for Emir ETD obl...

Difficulties for trade repositories to match and pair the large number of data fields required under the European Market Infrastructure Regulation (Em...

View article
UK’s anti-crypto stance “aggressive and outmoded”
Asset management

UK’s anti-crypto stance “aggressive and outmoded”

2y | By Alex Hamilton, Reporter

UK’s anti-crypto stance “aggressive and outmoded”

The Financial Conduct Authority (FCA)'s proposed crypto-derivatives ban is aggressive and outmoded, according to Townsend Lansing, chief...

View article
Deutsche Bank’s Global Prime Finance platform to move to BNP Paribas
Banking

Deutsche Bank’s Global Prime Finance platform to move to BNP Paribas

2y | By Rebekah Tunstead, Reporter

Deutsche Bank’s Global Prime Finance platform to m...

Deutsche Bank will transfer its Global Prime Finance platform to BNP Paribas as part of the closure of its equities sales & trading business, acco...

View article
Banks and fintechs growing tired of innovation hubs
Banking

Banks and fintechs growing tired of innovation hubs

2y | By Rebekah Tunstead, Reporter

Banks and fintechs growing tired of innovation hub...

An increasing number of fintech initiatives and sandboxes is complicating attempts by fintech startups to reach key bank contacts, according to F...

View article
Corporates turning to non-bank treasury solutions
Treasury

Corporates turning to non-bank treasury solutions

2y | By Alex Hamilton, Reporter

Corporates turning to non-bank treasury solutions

Banks that offer treasury services are losing market share to third parties and technology firms, according to new research. Data from a Finastra surv...

View article
SME expectations to force change in banks’ tech strategy
Banking

SME expectations to force change in banks’ tech strategy

2y | By Alex Hamilton, Reporter

SME expectations to force change in banks’ tech st...

Changing expectations among Small and medium enterprises (SMEs) will force banks to acquire new technology and drastically change their development cu...

View article
Brexit uncertainty triggers Fidor Bank UK exit
Banking

Brexit uncertainty triggers Fidor Bank UK exit

2y | By Alex Hamilton, Reporter

Brexit uncertainty triggers Fidor Bank UK exit

Fierce competition in the UK digital banking market and economic uncertainty in the build up to Brexit could have contributed to Fidor Bank’s de...

View article
Asset and wealth management solutions driving competition
Asset management

Asset and wealth management solutions driving competition

2y | bobsguide

Asset and wealth management solutions driving comp...

As profit lines continue to narrow and competition increases, having a system that will stand out in a highly populated sector is crucial. To help you...

View article
Complex spoofing techniques avoiding detection
Trading & brokering

Complex spoofing techniques avoiding detection

2y | By Rebekah Tunstead, Reporter

Complex spoofing techniques avoiding detection

Increasingly sophisticated techniques adopted by participants to spoof deep, liquid markets are allowing perpetrators to escape notice, according to D...

View article
10 payments start-ups to watch
Banking

10 payments start-ups to watch

2y | By Alex Hamilton, Reporter

10 payments start-ups to watch

Funding for payments companies reached a high of $12bn in 2018, according to statistics from Accenture, while fintechs in the sector accounted for 24%...

View article
Risk management: new challenges, opportunities, and software
Trading & brokering

Risk management: new challenges, opportunities, and software

2y | By Michael McCaw, Editor

Risk management: new challenges, opportunities, an...

Over the past few decades, the way banks, financial institutions and corporates have approached risk management has changed seismically. While risk ma...

View article
Industry not ready for PSD2 deadline
Banking

Industry not ready for PSD2 deadline

2y | By Rebekah Tunstead, Reporter

Industry not ready for PSD2 deadline

Three quarters of businesses are not ready for Europe’s second Payment Services Directive (PSD2), a bobsguide poll conducted during a webinar la...

View article
Banks fighting on mobile battleground
Banking

Banks fighting on mobile battleground

2y | By Alex Hamilton, Reporter

Banks fighting on mobile battleground

Consumers are becoming much more discerning over mobile banking engagement, meaning incumbent and new market participants are battling over digital ca...

View article
People moves: Alphabet, Aegon, Royal London, and more
Banking

People moves: Alphabet, Aegon, Royal London, and more

2y | By Jenita Gandhi, Research Trainee

People moves: Alphabet, Aegon, Royal London, and m...

Marco Lessacher appointed CEO at Alphabet International Alphabet International has appointed Marco Lessacher as chief executive officer, effective Ju...

View article
Banks’ AI experiments stagnate under regulatory scrutiny
Banking

Banks’ AI experiments stagnate under regulatory scrutiny

2y | By Alex Hamilton, Reporter

Banks’ AI experiments stagnate under regulatory sc...

Regulation and a risk-averse culture is preventing banks and financial institutions from making progress on artificial intelligence (AI) and expe...

View article
Banks fall into FRTB lull
Banking

Banks fall into FRTB lull

2y | By Rebekah Tunstead, Reporter

Banks fall into FRTB lull

European banks are taking a relaxed approach to preparations for the Fundamental Review of the Trading Book (FRTB) thanks to the extension of the impl...

View article
Bank of England aims for automation to solve industry reporting woes
Insurance

Bank of England aims for automation to solve industry reporting woes

2y | By Alex Hamilton, Reporter

Bank of England aims for automation to solve indus...

The Bank of England is experimenting with automation and machine learning to reduce the amount of human effort required in the interpretation, submiss...

View article
Fintech glossary of terms
Insurance

Fintech glossary of terms

2y | bobsguide

Fintech glossary of terms

Accelerators A venture or scheme that promotes and aids the rapid growth of selected new small businesses. Acquirer A company that buys the ...

View article
How AI could shape the future of investment banking
Trading & brokering

How AI could shape the future of investment banking

2y | By Alex Hamilton, Reporter

How AI could shape the future of investment bankin...

Artificial intelligence (AI)'s potential is difficult to pin down. In a competitive market like investment banking every advantage is needed ...

View article
EBA relief on SCA deadline shows rule’s “complexity and ambiguity”
Banking

EBA relief on SCA deadline shows rule’s “complexity and ambiguity”

2y | By Alex Hamilton, Reporter

EBA relief on SCA deadline shows rule’s “complexit...

The introduction of discretionary extensions to the September 14 deadline for strong customer authentication (SCA) by the European Banking Authority (...

View article
bobsguide Awards 2019: Winners announced
Banking

bobsguide Awards 2019: Winners announced

2y | bobsguide

bobsguide Awards 2019: Winners announced

It's with great pleasure that we announce the 2019 bobsguide awards – a collection of the very best in the fintech market this year. Th...

View article
Q&A: Alistair Rennie, IBM Watson Financial Services
Insurance

Q&A: Alistair Rennie, IBM Watson Financial Services

2y | By Alex Hamilton, Reporter

Q&A: Alistair Rennie, IBM Watson Financial Service...

Alistair Rennie joined IBM in 2007 in the firm’s Toronto Software Laboratory and has held a number of senior and executive roles. Previously gen...

View article
Facebook-backed Libra cryptocurrency facing regulatory battle
Insurance

Facebook-backed Libra cryptocurrency facing regulatory battle

2y | By Alex Hamilton, Reporter

Facebook-backed Libra cryptocurrency facing regula...

Facebook-supported virtual currency Libra has faced regulatory scrutiny following its unveiling earlier this week, driven by what blockchain and crypt...

View article
Bipartisan AML bill takes aim at US federal governance
Insurance

Bipartisan AML bill takes aim at US federal governance

2y | By Alex Hamilton, Reporter

Bipartisan AML bill takes aim at US federal govern...

Draft legislation aimed at improving the US’s federal anti-money laundering (AML) and counter terrorism financing (CFT) supervision would be a s...

View article
Q&A: OakNorth CEO on hiring, growth, and preparing for a downturn
Banking

Q&A: OakNorth CEO on hiring, growth, and preparing for a downturn

2y | By Michael McCaw, Editor

Q&A: OakNorth CEO on hiring, growth, and preparing...

OakNorth CEO and co-founder Rishi Khosla speaks to bobsguide.  What drove you to create OakNorth? Joel and I started our first business in o...

View article
CFTC’s lack of data security to hit capital markets
Insurance

CFTC’s lack of data security to hit capital markets

2y | By Rebekah Tunstead, Reporter

CFTC’s lack of data security to hit capital market...

The US Commodity Futures Trading Commission (CFTC)’s inadequate cybersecurity provisions could impact capital markets, according to the CEO of a...

View article
Simplified IBAN management crucial to banks and payment institutions
Banking

Simplified IBAN management crucial to banks and payment institutions

2y | bobsguide

Simplified IBAN management crucial to banks and pa...

Banks, payments providers and those looking to move money across territories are looking to simplify their processes through clearer and integrated IB...

View article
Q&A: ING CIO Legrand talks European fintech and platformification
Banking

Q&A: ING CIO Legrand talks European fintech and platformification

2y | By Alex Hamilton, Reporter

Q&A: ING CIO Legrand talks European fintech and pl...

Benoît Legrand was appointed chief innovation officer at ING Bank in January 2018, having previously served as the bank’s global head of f...

View article
Q&A: BNY Mellon’s Sinha on the future of blockchain
Asset management

Q&A: BNY Mellon’s Sinha on the future of blockchain

2y | By Rebekah Tunstead, Reporter

Q&A: BNY Mellon’s Sinha on the future of blockchai...

Subhankar Sinha was appointed head of blockchain for BNY Mellon in May. Prior to this role Sinha founded Nabartham LLC, which advised start-ups on eco...

View article
Blockchain finds industry applications in wake of burst crypto bubble
Banking

Blockchain finds industry applications in wake of burst crypto bubble

2y | By Alex Hamilton, Reporter

Blockchain finds industry applications in wake of ...

The bursting of the cryptocurrency bubble and the deflation of industry hype around blockchain means distributed ledger technology has the time decoup...

View article
Firms underestimating technology hurdle for Isda's SIMM 2.1 requirements
Insurance

Firms underestimating technology hurdle for Isda's SIMM 2.1 requirements

2y | By Rebekah Tunstead, Reporter

Firms underestimating technology hurdle for Isda's...

Counterparties that will now come under the new uncleared margin rules threshold have misjudged the level of work and technology build necessary to be...

View article
DTCC’S Wotton: Problems persist around trade data and national interpretation
Insurance

DTCC’S Wotton: Problems persist around trade data and national interpretation

2y | By Rebekah Tunstead, Reporter

DTCC’S Wotton: Problems persist around trade data ...

Issues remain in the interpretation of reported trade data, according to Val Wotton, managing director, head of derivatives product and strategy at DT...

View article
“Complex problems” with algo wheels in equities and futures trading
Trading & brokering

“Complex problems” with algo wheels in equities and futures trading

2y | By Rebekah Tunstead, Reporter

“Complex problems” with algo wheels in equities an...

Issues with algo wheels remain in both the equities and futures space, despite growing popularity of the software, according to market participants on...

View article
Jumio’s Pointner: Regulators will kill poor authentication
Banking

Jumio’s Pointner: Regulators will kill poor authentication

2y | By Alex Hamilton, Reporter

Jumio’s Pointner: Regulators will kill poor authen...

Regulatory intervention will spell the doom of static passwords and poor authentication, and the death knell will sound from the UK, according to Phil...

View article
Radical change expected to Esma’s position limits
Insurance

Radical change expected to Esma’s position limits

2y | By Rebekah Tunstead, Reporter

Radical change expected to Esma’s position limits

The European Securities and Markets Authority (Esma)’s position limits for commodity derivatives could be set to focus purely on benchmark produ...

View article
Banks "marooned" by mainstream technology development
Banking

Banks "marooned" by mainstream technology development

2y | By Alex Hamilton, Reporter

Banks "marooned" by mainstream technology developm...

Financial services has found itself cut off from the technological developments of other industries, and an unwillingness to catch up will see it...

View article
Tensions rise as CFTC, BoE, and market participants debate CCP supervision
Insurance

Tensions rise as CFTC, BoE, and market participants debate CCP supervision

2y | By Rebekah Tunstead, Reporter

Tensions rise as CFTC, BoE, and market participant...

The role of central banks in the supervision of central counterparties (CCPs) was greatly debated on a panel discussion at the FIA’s IDX in Lond...

View article
Emir 2.2 tiering decision not expected before end of year
Insurance

Emir 2.2 tiering decision not expected before end of year

2y | By Rebekah Tunstead, Reporter

Emir 2.2 tiering decision not expected before end ...

A decision on the tiering between systemically important and non-systemically important third country central counterparties (CCPs) is unlikely to com...

View article
MEPs see failure in derivative rules
Insurance

MEPs see failure in derivative rules

2y | By Rebekah Tunstead, Reporter

MEPs see failure in derivative rules

MEP and vice chairperson of the economic and monetary affairs committee at the European Parliament Kay Swinburne urged caution to derivative operators...

View article
Banks’ direct investment in fintech competition harming industry
Banking

Banks’ direct investment in fintech competition harming industry

2y | By Alex Hamilton, Reporter

Banks’ direct investment in fintech competition ha...

Banks and financial services firms are harming the industry by attempting to go on a “startup safari” and invest directly in innovative fi...

View article
Mastercard’s Wadsworth: Banks need time to fit into Open Banking future
Banking

Mastercard’s Wadsworth: Banks need time to fit into Open Banking future

2y | By Alex Hamilton, Reporter

Mastercard’s Wadsworth: Banks need time to fit int...

There will be no instantaneous change when September's final deadline for Europe's second payments directive (PSD2) passes, and the ...

View article
Citi’s Fenwick: Cost of compliance hitting banking
Banking

Citi’s Fenwick: Cost of compliance hitting banking

2y | By Michael McCaw, Editor

Citi’s Fenwick: Cost of compliance hitting banking

The cost of regulatory compliance for international banks has become too burdensome and has started to impact the market, according to Anthony Fenwick...

View article
Chinese technology giants to reimagine financial services
Banking

Chinese technology giants to reimagine financial services

2y | By Alex Hamilton, Reporter

Chinese technology giants to reimagine financial s...

Chinese technology firms are set to make huge inroads into global fintech markets, according to Melissa Guzy, co-founder and managing director of Arbo...

View article
OakNorth CEO: Defaults and downturn inevitable
Banking

OakNorth CEO: Defaults and downturn inevitable

2y | By Michael McCaw, Editor

OakNorth CEO: Defaults and downturn inevitable

Small and medium sized enterprise (SME) lenders can expect defaults and losses as they aren’t fully prepared for a downturn, according to OakNor...

View article
Regulators struggling to oversee crypto assets
Insurance

Regulators struggling to oversee crypto assets

2y | By Rebekah Tunstead, Reporter

Regulators struggling to oversee crypto assets

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as nati...

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People moves: Danske Bank, Finastra, VW Financial Services and more
Banking

People moves: Danske Bank, Finastra, VW Financial Services and more

2y | By Jenita Gandhi, Research Trainee

People moves: Danske Bank, Finastra, VW Financial ...

Malloy named CEO of Third Point Re as Bredahl resigns New York Stock Exchange-listed company Third Point Reinsurance has named Daniel Malloy its inter...

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CFTC’s proposed speculative position limits create tech demand
Insurance

CFTC’s proposed speculative position limits create tech demand

2y | By Rebekah Tunstead, Reporter

CFTC’s proposed speculative position limits create...

Significant technology adoption is required to distinguish between speculative and hedging trades under the Commodities Futures Trading Commission (CF...

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Technology to suffer if US/China trade war hits supply and production chains
Insurance

Technology to suffer if US/China trade war hits supply and production chains

2y | By Rebekah Tunstead, Reporter

Technology to suffer if US/China trade war hits su...

Technology products will predominately suffer if the trade war between the US and China starts to impact global supply and production chains, Olli Reh...

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The changing face of asset management technology in 2019
Asset management

The changing face of asset management technology in 2019

2y | By David Beach, Reporter

The changing face of asset management technology i...

Juggling an ever-tightening compliance burden, fending off technological challengers and satisfying customer expectation is a tall order for many esta...

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