Alex Hamilton

Alex Hamilton is a reporter for bobsguide, covering retail banking, middle and back office systems, asset management, and treasury. He has written for IBS Intelligence, IT Pro and TechRadar Pro. He can be reached at: [email protected]

Latest content from Alex Hamilton

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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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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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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Video: “Panic and preparation” in insurance as IFRS 17 looms
Insurance

Video: “Panic and preparation” in insurance as IFRS 17 looms

2y | By Alex Hamilton, Reporter

Video: “Panic and preparation” in insurance as IFR...

Pockets of panic are rampant among market participants as the reality of complying with IFRS 17 comes into focus, according to Mike Kelly, insurance s...

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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...

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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...

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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...

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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%...

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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...

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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...

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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...

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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 ...

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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 (...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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Legacy systems and data concerns slowing banks' commercial cloud adoption
Banking

Legacy systems and data concerns slowing banks' commercial cloud adoption

2y | By Alex Hamilton, Reporter

Legacy systems and data concerns slowing banks' co...

Major banks are increasingly interested in commercial cloud platforms, but networks of interconnected legacy systems and concerns over data security w...

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LexisNexis Risk Solution's Elliot: Holistic data view the new norm for risk mitigation
Insurance

LexisNexis Risk Solution's Elliot: Holistic data view the new norm for risk mitigation

2y | By Alex Hamilton, Reporter

LexisNexis Risk Solution's Elliot: Holistic data v...

Financial services firms are pulling together data from silos to create a holistic view of their clients, having been emboldened by new technological ...

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Mastercard SVP: Customer experience presents battleground for bigtech and banks
Banking

Mastercard SVP: Customer experience presents battleground for bigtech and banks

2y | By Alex Hamilton, Reporter

Mastercard SVP: Customer experience presents battl...

Banks and technology giants are locked in a battle to provide the best customer experience, though financial services firms often have the advantage o...

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Federal law could protect US banks from data deluge
Insurance

Federal law could protect US banks from data deluge

2y | By Alex Hamilton, Reporter

Federal law could protect US banks from data delug...

Financial services firms in the US are being overwhelmed by the volume, variety and velocity of sensitive data they have to process, according to Kris...

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OakNorth AI’s Hunter: Banks making loan origination data mistakes
Banking

OakNorth AI’s Hunter: Banks making loan origination data mistakes

2y | By Alex Hamilton, Reporter

OakNorth AI’s Hunter: Banks making loan originatio...

Banks are making fundamental mistakes by not utilising the reams of data they receive during the loan origination process for small and medium enterpr...

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Amazon’s Mullins: Banks’ digital subsidiaries focused on new models, not new tech
Banking

Amazon’s Mullins: Banks’ digital subsidiaries focused on new models, not new tech

2y | By Alex Hamilton, Reporter

Amazon’s Mullins: Banks’ digital subsidiaries focu...

Digital subsidiaries launched by major banks are more about fresh business models than experimenting with technology, says Scott Mullins, head of worl...

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SWIFT’s Claeys: Decades-old KYC processes need change
Banking

SWIFT’s Claeys: Decades-old KYC processes need change

2y | By Alex Hamilton, Reporter

SWIFT’s Claeys: Decades-old KYC processes need cha...

Decades-old know your customer (KYC) processes in corporate banking are unsustainable, says Bart Claeys, head of KYC at SWIFT, and nascent technology ...

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Lack of progress with execution algorithms deterring equities trading adoption
Trading & brokering

Lack of progress with execution algorithms deterring equities trading adoption

2y | By Alex Hamilton, Reporter

Lack of progress with execution algorithms deterri...

Artificial intelligence (AI) will not experience its watershed moment in equities trading, say market participants, as the industry seeks to avoid cos...

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Rule-makers building regulations for “obsolete" blockchain technology
Banking

Rule-makers building regulations for “obsolete" blockchain technology

2y | By Alex Hamilton, Reporter

Rule-makers building regulations for “obsolete" bl...

Regulators and standards bodies are at risk of standardizing obsolete technology by creating rules for blockchain networks that are already years old,...

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PSD2 and Open Banking rush eroding banks’ mobile security measures
Banking

PSD2 and Open Banking rush eroding banks’ mobile security measures

2y | By Alex Hamilton, Reporter

PSD2 and Open Banking rush eroding banks’ mobile s...

Open Banking and Europe’s second payments directive (PSD2) are undermining the safety and security of the banking industry, according to Tom Kel...

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Ohpen CEO: Core banking vendors buying what they can’t build
Banking

Ohpen CEO: Core banking vendors buying what they can’t build

2y | By Alex Hamilton, Reporter

Ohpen CEO: Core banking vendors buying what they c...

Established core banking technology providers are acquiring competitors to tap into their technological resources, according to Matthijs Aler, chief e...

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Q&A: Accuity’s innovation junkie CEO
Banking

Q&A: Accuity’s innovation junkie CEO

2y | By Alex Hamilton, Reporter

Q&A: Accuity’s innovation junkie CEO

David Wilson was appointed chief executive officer of Accuity in January, having joined the compliance software firm as chief operating officer in Jul...

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Cryptocurrency industry waking up to insurance possibilities
Insurance

Cryptocurrency industry waking up to insurance possibilities

2y | By Alex Hamilton, Reporter

Cryptocurrency industry waking up to insurance pos...

At its peak in January 2018, the combined market capitalisation of cryptocurrency hit $830bn. While that figure has since declined to just over $113bn...

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Mifid II review could see regulatory backtrack
Trading & brokering

Mifid II review could see regulatory backtrack

2y | By Alex Hamilton, Reporter

Mifid II review could see regulatory backtrack

The complexity of transaction reporting requirements under Europe’s second Markets in Financial Instruments Directive (Mifid II) combined with t...

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FCA insurance warning showcases proactive approach, says industry
Insurance

FCA insurance warning showcases proactive approach, says industry

2y | By Alex Hamilton, Reporter

FCA insurance warning showcases proactive approach...

While a stern warning issued by the UK's Financial Conduct Authority (FCA) to the insurance sector affects a small slice of the industry, the...

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European AI guidelines give hesitant developers green light
Banking

European AI guidelines give hesitant developers green light

2y | By Alex Hamilton, Reporter

European AI guidelines give hesitant developers gr...

European Commission guidelines on the implementation of artificial intelligence (AI) and machine learning (ML) has given developers a green light and ...

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CFPB's fintech regulatory sandbox “completely overreaching”
Banking

CFPB's fintech regulatory sandbox “completely overreaching”

2y | By Alex Hamilton, Reporter

CFPB's fintech regulatory sandbox “completely over...

The US Consumer Financial Protection Bureau (CFPB)’s proposed federal fintech sandbox and relaxed regulatory regime has met criticism from state...

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EU's CACM driving NEMO movement from power exchanges
Trading & brokering

EU's CACM driving NEMO movement from power exchanges

2y | By Alex Hamilton, Reporter

EU's CACM driving NEMO movement from power exchang...

Nord Pool’s splitting of its market coupling operator (MCO) operations from its power exchange business could be the first indication of a wider...

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China attempts to stem corruption and capital outflows with crypto mining ban
Insurance

China attempts to stem corruption and capital outflows with crypto mining ban

2y | By Alex Hamilton, Reporter

China attempts to stem corruption and capital outf...

The Chinese government has proposed a ban on cryptocurrency mining in a bid to tackle corruption and stem capital outflows prevalent in the market, be...

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Banks become target for growing cybercrime syndicates
Banking

Banks become target for growing cybercrime syndicates

2y | By Alex Hamilton, Reporter

Banks become target for growing cybercrime syndica...

Internal audits and endpoint security systems won’t protect banks against increasingly dangerous and numerous cyber terrorists, say security exp...

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Consumer education crucial to Open Banking
Banking

Consumer education crucial to Open Banking

2y | By Alex Hamilton, Reporter

Consumer education crucial to Open Banking

Open Banking is being forced onto consumers when they haven’t been taught what the benefits might be, and banks must take responsibility for edu...

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Banks’ digital experiments need to produce results
Banking

Banks’ digital experiments need to produce results

2y | By Alex Hamilton, Reporter

Banks’ digital experiments need to produce results

Banks must stop experimenting and make their entire infrastructure digital-first or face greater competition from fintechs and risk disappointing a de...

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Regulations dent EU banks’ account opening processes
Banking

Regulations dent EU banks’ account opening processes

2y | By Alex Hamilton, Reporter

Regulations dent EU banks’ account opening process...

Europe’s regulators have held the continent’s banks back in recent years, allowing US counterparts to pull ahead in terms of advancing acc...

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Regulatory flexibility drives Asia's cryptocurrency markets
Banking

Regulatory flexibility drives Asia's cryptocurrency markets

2y | By Alex Hamilton, Reporter

Regulatory flexibility drives Asia's cryptocurrenc...

Constant dialogue and regulatory flexibility is propelling Asia to the forefront of the crypto industry, while Western jurisdictions and regulators fa...

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Technology obsession blinding banks from real cybercrime threat
Banking

Technology obsession blinding banks from real cybercrime threat

2y | By Alex Hamilton, Reporter

Technology obsession blinding banks from real cybe...

An obsession with the latest and greatest cybersecurity technology and a lack of empowerment for chief security officers is holding banks and others i...

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Big bang avoidance and APIs will boost systems integration for banks
Banking

Big bang avoidance and APIs will boost systems integration for banks

2y | By Alex Hamilton, Reporter

Big bang avoidance and APIs will boost systems int...

Banks must start small and ensure that incremental development enables them to learn about their systems, while a sudden, “big bang” launc...

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FTC data security proposals could “trap” US banks in tangle of regulation
Banking

FTC data security proposals could “trap” US banks in tangle of regulation

2y | By Alex Hamilton, Reporter

FTC data security proposals could “trap” US banks ...

The Federal Trade Commission (FTC)’s proposed changes to the 2003 Safeguards Rule, which seek to tighten the data security procedures of US bank...

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Mastercard’s Abrahams: SMEs will look to fintech without bank innovation
Banking

Mastercard’s Abrahams: SMEs will look to fintech without bank innovation

2y | By Alex Hamilton, Reporter

Mastercard’s Abrahams: SMEs will look to fintech w...

Microbusinesses and SMEs are looking at fintechs and new market entrants to provide their financial services as their existing banks have “never...

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Commodities traders playing tech catch up
Trading & brokering

Commodities traders playing tech catch up

2y | By Alex Hamilton, Reporter

Commodities traders playing tech catch up

The exponential increase in trading data has become a challenge for traditional commodities venues who “have come late into the electronic age&r...

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SA-CCR rules put pressure on clearing services
Insurance

SA-CCR rules put pressure on clearing services

2y | By Alex Hamilton, Reporter

SA-CCR rules put pressure on clearing services

Federal Reserve, OCC and FDIC changes to the supplementary leverage ratio (SLR) framework have the potential to “adversely impact” th...

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Asset managers must move away from legacy back office systems
Asset management

Asset managers must move away from legacy back office systems

2y | By Alex Hamilton, Reporter

Asset managers must move away from legacy back off...

Asset management firms need to look at “the sins of the past” when aiming to create new operating models and break down siloed technology ...

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Banks strengthen corporate services to tackle fintech threat
Banking

Banks strengthen corporate services to tackle fintech threat

2y | By Alex Hamilton, Reporter

Banks strengthen corporate services to tackle fint...

Fintechs and challengers will struggle to break into the corporate banking space as banks innovate their cash management systems and work more closely...

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Singapore's cashless society goals require "nudge-based" regulation
Banking

Singapore's cashless society goals require "nudge-based" regulation

2y | By Alex Hamilton, Reporter

Singapore's cashless society goals require "nudge-...

The Monetary Authority of Singapore (MAS)'s new payments regulation “would have challenged even the leanest and most agile” finan...

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Big tech to shake up SME lending market
Banking

Big tech to shake up SME lending market

2y | By Alex Hamilton, Reporter

Big tech to shake up SME lending market

The emergence of Amazon as a finance provider, and other large technology firms like it, into the SME lending market signals a disruption of old busin...

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US Fed’s rate pause signals boon for fintechs
Banking

US Fed’s rate pause signals boon for fintechs

2y | By Alex Hamilton, Reporter

US Fed’s rate pause signals boon for fintechs

The lack of volatility in the stock market in the wake of the US Federal Reserve’s rates pause could prove beneficial to fintech investment, acc...

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IBM VP: Vendor attempts to cash in on AI buzz “laughable”
Banking

IBM VP: Vendor attempts to cash in on AI buzz “laughable”

2y | By Alex Hamilton, Reporter

IBM VP: Vendor attempts to cash in on AI buzz “lau...

Banks and regulators are waking up to the anti-money laundering (AML) and fraud detection potential of artificial intelligence (AI), but attempts by s...

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ID Finance CEO: Latin America the place to be for fintech
Insurance

ID Finance CEO: Latin America the place to be for fintech

2y | By Alex Hamilton, Reporter

ID Finance CEO: Latin America the place to be for ...

Regulatory support in Latin America is “an amazing sign” for firms aiming to ride the wave of a booming fintech space in markets like Mexi...

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ABA: US core banking market “needs to be disrupted”
Banking

ABA: US core banking market “needs to be disrupted”

2y | By Alex Hamilton, Reporter

ABA: US core banking market “needs to be disrupted...

The US core banking market “needs to be disrupted” for proper competition to emerge and take on established names, according to Christophe...

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FIS SVP: Banks need “significant investment” to realise data opportunities
Banking

FIS SVP: Banks need “significant investment” to realise data opportunities

2y | By Alex Hamilton, Reporter

FIS SVP: Banks need “significant investment” to re...

Incumbent retail banks are struggling to properly utilise their customer data and provide better experiences for users compared to challengers enterin...

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Blockchain “will not survive” without workable use cases
Insurance

Blockchain “will not survive” without workable use cases

2y | By Alex Hamilton, Reporter

Blockchain “will not survive” without workable use...

The blockchain industry “will not survive” if it fails to show workable solutions, solve its reputation crisis, and get funding to innovat...

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Digital states: Cryptocurrency rules and regulations across the US
Insurance

Digital states: Cryptocurrency rules and regulations across the US

2y | By Alex Hamilton, Reporter

Digital states: Cryptocurrency rules and regulatio...

The US handles almost a quarter (22.6%) of all bitcoin volumes, according to coin.dance statistics, yet regulators across the country’s 50 state...

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Shanghai’s NASDAQ-style technology board “a wild gamble”
Insurance

Shanghai’s NASDAQ-style technology board “a wild gamble”

2y | By Alex Hamilton, Reporter

Shanghai’s NASDAQ-style technology board “a wild g...

The Shanghai Stock Exchange’s new Technology Innovation Board is a “feeble” and “wild gamble” at creating entrepreneuria...

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Banks and vendors delay Windows 10 migration despite security fears
Banking

Banks and vendors delay Windows 10 migration despite security fears

2y | By Alex Hamilton, Reporter

Banks and vendors delay Windows 10 migration despi...

The ATM industry is experiencing a “general delay” in its attempts to upgrade from Windows 7 to Windows 10, despite the deadline being onl...

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Challenger banks vulnerable to AML-savvy criminals
Banking

Challenger banks vulnerable to AML-savvy criminals

2y | By Alex Hamilton, Reporter

Challenger banks vulnerable to AML-savvy criminals

Digital-only challenger banks and new market entrants are vulnerable to savvy criminals looking to exploit weak anti-money laundering (AML) controls, ...

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Banks must decompose legacy “ball of mud” to grab cloud opportunity
Banking

Banks must decompose legacy “ball of mud” to grab cloud opportunity

3y | By Alex Hamilton, Reporter

Banks must decompose legacy “ball of mud” to grab ...

Banks need to unbundle legacy IT infrastructure if they’re to take advantage of the benefits the cloud and APIs can bring, according to Danny He...

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Report: Cloud-based core banking vendors look to smash legacy oligopoly
Banking

Report: Cloud-based core banking vendors look to smash legacy oligopoly

3y | By Alex Hamilton, Reporter

Report: Cloud-based core banking vendors look to s...

A breed of emergent vendors is aiming to break apart the oligarchy ruling the core banking space and disrupt a market which has been experiencing cons...

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PRA chief: Post-Brexit regulation could boost challenger banks
Banking

PRA chief: Post-Brexit regulation could boost challenger banks

3y | By Alex Hamilton, Reporter

PRA chief: Post-Brexit regulation could boost chal...

Challenger banks in the UK could benefit from “simpler” regulation after the UK transitions out of the European Union to help them tackle ...

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“Technically easy” SCA implementation risks user irritation

“Technically easy” SCA implementation risks user irritation

3y | By Alex Hamilton, Reporter

“Technically easy” SCA implementation risks user i...

Banks risk taking a “retrograde step” and irritating customers if they attempt to implement secure customer authentication (SCA) “in...

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System consolidation to save firms from SFTR struggles
Insurance

System consolidation to save firms from SFTR struggles

3y | By Alex Hamilton, Reporter

System consolidation to save firms from SFTR strug...

Systems consolidation is the name of the game if firms are to meet the reporting requirements of the Securities Financing Transactions Regulation...

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CFTC ethereum questions show “fundamental” lack of understanding
Banking

CFTC ethereum questions show “fundamental” lack of understanding

3y | By Alex Hamilton, Reporter

CFTC ethereum questions show “fundamental” lack of...

A request for input from the Commodities Futures Trading Commission (CFTC), seeking to improve its understanding of the ethereum blockchain, has demon...

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Longer SFTR scrutiny period to give banks breathing space
Insurance

Longer SFTR scrutiny period to give banks breathing space

3y | By Alex Hamilton, Reporter

Longer SFTR scrutiny period to give banks breathin...

Any extension to the scrutiny period for the Securities Financing Transactions Regulation (SFTR) comes as a blessing as “there is still so much&...

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API-equipped banks put pressure on technology vendors
Banking

API-equipped banks put pressure on technology vendors

3y | By Alex Hamilton, Reporter

API-equipped banks put pressure on technology vend...

Technology vendors need to support the adoption of microservices or risk banks pivoting to a model of self-sufficiency, according to Hans Tesselaar, e...

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Fintech partnerships necessary for legacy bank survival
Banking

Fintech partnerships necessary for legacy bank survival

3y | By Alex Hamilton, Reporter

Fintech partnerships necessary for legacy bank sur...

Partnerships with fintechs is necessary to create the “best of both worlds” approach – which customers will demand in 2019, accordin...

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Busy year ahead expected for insurtech
Insurance

Busy year ahead expected for insurtech

3y | By Alex Hamilton, Reporter

Busy year ahead expected for insurtech

2019 is set to be a year defined by collaboration in the insurance sector. In an October Capgemini survey, 96% of respondents said they were looking t...

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2019: what to look out for in payments
Banking

2019: what to look out for in payments

3y | By Alex Hamilton, Reporter

2019: what to look out for in payments

In December, an entire track at Fintech Connect in London was dedicated to the idea of a cashless society. In it, Paul Rodgers, chairman at Vendorcom,...

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Merchants need relief from regulatory burden
Insurance

Merchants need relief from regulatory burden

3y | By Alex Hamilton, Reporter

Merchants need relief from regulatory burden

Acquirers and issuers should “band together” to meet payments standards and allow merchants to get on with transactions, according to a pa...

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PSD2’s SCA like “GDPR on steroids”
Insurance

PSD2’s SCA like “GDPR on steroids”

3y | By Alex Hamilton, Reporter

PSD2’s SCA like “GDPR on steroids”

Strong customer authentication (SCA) is “GDPR on steroids”, and regulators aren’t making compliance easier by being divorced from th...

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Collaboration is London’s “secret sauce” for fintech success
Banking

Collaboration is London’s “secret sauce” for fintech success

3y | By Alex Hamilton, Reporter

Collaboration is London’s “secret sauce” for finte...

London has a “secret sauce” that keeps it ahead of the US and China. That’s according to Alastair Lukies, non-executive chairman of ...

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CFTC regulation to kickstart "institutional investment" in ethereum
Insurance

CFTC regulation to kickstart "institutional investment" in ethereum

3y | By Alex Hamilton, Reporter

CFTC regulation to kickstart "institutional invest...

Ethereum could experience an influx of institutional money, says Kevin Murcko, CEO of Coin Metro, following a request for public comment on the crypto...

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Compliance resource drain holding back capital markets innovation
Insurance

Compliance resource drain holding back capital markets innovation

3y | By Alex Hamilton, Reporter

Compliance resource drain holding back capital mar...

Firms “completely consumed” by solving regulatory projects are holding back proper back office innovation in capital markets, according to...

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45-year old securities lending the “last bastion of oldtech”
Trading & brokering

45-year old securities lending the “last bastion of oldtech”

3y | By Alex Hamilton, Reporter

45-year old securities lending the “last bastion o...

Moving from regular trading to securities lending is like “buying a suit on Bond Street and then heading to Camden Market to get your socks,&rdq...

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Barclays’ Rodrigues: we’re the UK’s biggest fintech
Banking

Barclays’ Rodrigues: we’re the UK’s biggest fintech

3y | By Alex Hamilton, Reporter

Barclays’ Rodrigues: we’re the UK’s biggest fintec...

The banking industry has been “digital for decades” and the race for innovation isn’t just about getting “the best possible ap...

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Consumers need Open Banking clarification
Banking

Consumers need Open Banking clarification

3y | By Alex Hamilton, Reporter

Consumers need Open Banking clarification

Open Banking is a term “far too overused and far too laboured” which has left consumers not knowing what they want or need, according to M...

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Role models must lead the way to bridge fintech gender gap
Insurance

Role models must lead the way to bridge fintech gender gap

3y | By Alex Hamilton, Reporter

Role models must lead the way to bridge fintech ge...

The fintech community needs to have more female role models if it is to redress its diversity issues and inspire young women to attempt a career in te...

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"Antiquated” Chinese banking network looks for foreign guidance
Banking

"Antiquated” Chinese banking network looks for foreign guidance

3y | By Alex Hamilton, Reporter

"Antiquated” Chinese banking network looks for for...

“If you visited the headquarters of an Alibaba or Huawei you wouldn’t know if you were visiting a Chinese, American or European company. B...

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Cryptocurrency uncertainty causes historic price crash
Insurance

Cryptocurrency uncertainty causes historic price crash

3y | By Alex Hamilton, Reporter

Cryptocurrency uncertainty causes historic price c...

The price of bitcoin plunged in late November, dropping from $5,500 to a low of $3,604 over the Thanksgiving weekend. At the time of writing it stands...

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UK’s incumbent retail banks must embrace commercial risk
Banking

UK’s incumbent retail banks must embrace commercial risk

3y | By Alex Hamilton, Reporter

UK’s incumbent retail banks must embrace commercia...

Banks must find their niche and “bloody well deliver” or face losing customers to challengers. according to Alison Jaap, head of change at...

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Starling developer: avoid voice banking “gimmicks”
Banking

Starling developer: avoid voice banking “gimmicks”

3y | By Alex Hamilton, Reporter

Starling developer: avoid voice banking “gimmicks”

When it comes to voice-activated banking, institutions need to avoid implementing “gimmicky” technologies that “won’t add anyt...

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