Rebekah Tunstead

Rebekah Tunstead is a reporter for bobsguide, covering insurtech, banking, cybercrime and regulation. She was previously a writer and editor at The Liberty and The Edition. She can be reached at: [email protected]

Latest content from Rebekah Tunstead

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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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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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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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...

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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 ...

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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...

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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...

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Single source of trade data needed to futureproof regtech
Insurance

Single source of trade data needed to futureproof regtech

2y | By Rebekah Tunstead, Reporter

Single source of trade data needed to futureproof ...

Effectively managing and storing trade data will ensure that technology used to comply with current regulations remains usable for future requirements...

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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...

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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 ...

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 ...

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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...

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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...

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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...

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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...

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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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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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Manual AML processes lead to poor quality SARs
Banking

Manual AML processes lead to poor quality SARs

2y | By Rebekah Tunstead, Reporter

Manual AML processes lead to poor quality SARs

Anti-money laundering (AML) Suspicious Activity Reports (SARs) are of poor quality due to the reliance on manual processes, according to Martina King,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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“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...

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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...

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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...

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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...

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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...

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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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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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GDPR one year on: Mistakes still being made
Insurance

GDPR one year on: Mistakes still being made

2y | By Rebekah Tunstead, Reporter

GDPR one year on: Mistakes still being made

A year since the introduction of the EU’s General Data Protection Regulation (GDPR), errors continue to be made, and three countries have yet to...

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Report: Fintech gender diversity and the unshifting pay chasm
Insurance

Report: Fintech gender diversity and the unshifting pay chasm

2y | By Rebekah Tunstead, Reporter

Report: Fintech gender diversity and the unshiftin...

Over the past few years industries and governments have prioritized diversity and rectifying gender-related pay disparities, but a recent bobsguide su...

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EC’s Pearson urges smaller firms to speed up initial margin tech preparations
Insurance

EC’s Pearson urges smaller firms to speed up initial margin tech preparations

2y | By Rebekah Tunstead, Reporter

EC’s Pearson urges smaller firms to speed up initi...

While many in the industry are lobbying for a delay in initial margin requirements for non-cleared derivative trades, Patrick Pearson, head of the fin...

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Finland’s banks target instant payments
Banking

Finland’s banks target instant payments

2y | By Rebekah Tunstead, Reporter

Finland’s banks target instant payments

The development of EBA Clearing’s RT1 platform has reached critical mass in Finland with the support of the country’s six major banks, say...

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ETFs’ liquidity under question
Banking

ETFs’ liquidity under question

2y | By Rebekah Tunstead, Reporter

ETFs’ liquidity under question

Despite disagreement over the liquidity level of exchange traded funds (ETFs) thanks to the volume number of funds that are traded off-exchange, ETFs ...

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Firms yet to grasp legal tech in Libor transition
Insurance

Firms yet to grasp legal tech in Libor transition

2y | By Rebekah Tunstead, Reporter

Firms yet to grasp legal tech in Libor transition

A lack in resources due to pressure from upcoming regulations, and failure by regulators and associations to come to a consensus on how to navigate th...

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Rollback of Hong Kong's masking relief to impact FIs
Banking

Rollback of Hong Kong's masking relief to impact FIs

2y | By Rebekah Tunstead, Reporter

Rollback of Hong Kong's masking relief to impact F...

European market participants will feel the impact of Hong Kong’s proposal to remove 17 jurisdictions from the masking relief of its reporting ob...

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Concerns reign over CFTC's proposed swap data amendments
Insurance

Concerns reign over CFTC's proposed swap data amendments

2y | By Rebekah Tunstead, Reporter

Concerns reign over CFTC's proposed swap data amen...

Initial proposals by the US Commodity Futures Trading Commission (CFTC) to amend swap data regulations raises several concerns, say lawyers and consul...

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Dodd-Frank section 1071 could break SME lending barriers for fintech
Banking

Dodd-Frank section 1071 could break SME lending barriers for fintech

2y | By Rebekah Tunstead, Reporter

Dodd-Frank section 1071 could break SME lending ba...

Stringent data and reporting requirements could negatively impact small business lending in the US, according to the Independent Community Bankers Ass...

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Bank resolution frameworks risk being “for the last war instead of the one that’s coming”
Banking

Bank resolution frameworks risk being “for the last war instead of the one that’s coming”

2y | By Rebekah Tunstead, Reporter

Bank resolution frameworks risk being “for the las...

Bank resolution frameworks are so focused on past lessons they are failing to prepare for potential future events, according to the acting head of dep...

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SocGen’s move away from commodities follows industry trend
Banking

SocGen’s move away from commodities follows industry trend

2y | By Rebekah Tunstead, Reporter

SocGen’s move away from commodities follows indust...

Societe Generale’s (SocGen) closure of its commodities business is confirmation of a downward trend between large banks and the commodities mark...

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Singapore agreement offers opportunity for Cambodian retail banking market
Banking

Singapore agreement offers opportunity for Cambodian retail banking market

2y | By Rebekah Tunstead, Reporter

Singapore agreement offers opportunity for Cambodi...

A fintech agreement between Cambodia and Singapore authorities provides an opportunity for the former’s underbanked and underbanked population, ...

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Banks bite back over resolution frameworks
Banking

Banks bite back over resolution frameworks

2y | By Rebekah Tunstead, Reporter

Banks bite back over resolution frameworks

Recent comments made by Single Resolution Board (SRB) chair Elke Konig suggest opposition from banks on resolution frameworks, says Giles Edwards, sen...

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Conglomerates still struggling with commodity position calculations
Trading & brokering

Conglomerates still struggling with commodity position calculations

2y | By Rebekah Tunstead, Reporter

Conglomerates still struggling with commodity posi...

A number of large conglomerates with exposures in European commodity derivatives are still relying on manual processes such as Excel to collate data a...

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Critical CCP resolution plans not being prioritized
Trading & brokering

Critical CCP resolution plans not being prioritized

2y | By Rebekah Tunstead, Reporter

Critical CCP resolution plans not being prioritize...

The threat that central counterparties’ financial stability poses is not being treated with appropriate concern, according to the head of the Sy...

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ACI’s Ramsey: APIs and ISO20022 are completely incompatible
Payments

ACI’s Ramsey: APIs and ISO20022 are completely incompatible

2y | By Rebekah Tunstead, Reporter

ACI’s Ramsey: APIs and ISO20022 are completely inc...

“APIs and ISO20022 are actually completely incompatible with one and other. You wouldn’t want a modern agile API using ISO 20022 standards...

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Singapore aims to address cybersecurity concerns
Insurance

Singapore aims to address cybersecurity concerns

2y | By Rebekah Tunstead, Reporter

Singapore aims to address cybersecurity concerns

Singapore’s attempt to strengthen its cybersecurity regulation is being supported by market participants through responses to a recent consultat...

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Treasury managers avoiding blockchain “like the plague”
Insurance

Treasury managers avoiding blockchain “like the plague”

3y | By Rebekah Tunstead, Reporter

Treasury managers avoiding blockchain “like the pl...

It will take four to five years for the treasury management sector to embrace blockchain technology in assisting with calculations of reference rates,...

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Regnosys: Isda’s CDM 2.0 to “force the convergence” of DLT interoperability
Trading & brokering

Regnosys: Isda’s CDM 2.0 to “force the convergence” of DLT interoperability

3y | By Rebekah Tunstead, Reporter

Regnosys: Isda’s CDM 2.0 to “force the convergence...

The International Swaps and Derivatives Association (Isda)’s latest common domain model (CDM) will force much-needed convergence of distributed ...

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Mastercard: Difficulties in providing post-Brexit advice for new entrants
Banking

Mastercard: Difficulties in providing post-Brexit advice for new entrants

3y | By Rebekah Tunstead, Reporter

Mastercard: Difficulties in providing post-Brexit ...

Mastercard is struggling to give smaller firms the advice they need to navigate potential post-Brexit landscapes, said Scott Abrahams, group head of a...

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Isla’s Dale on CSDR: Settlement efficiency needs to step up a notch
Trading & brokering

Isla’s Dale on CSDR: Settlement efficiency needs to step up a notch

3y | By Rebekah Tunstead, Reporter

Isla’s Dale on CSDR: Settlement efficiency needs t...

Challenges brought about by the introduction of the Central Securities Depositories Regulation (CSDR) means that settlement efficiency must improve, a...

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Reliance on manual accounting protocols leading to data and security issues
Treasury

Reliance on manual accounting protocols leading to data and security issues

3y | By Rebekah Tunstead, Reporter

Reliance on manual accounting protocols leading to...

A lack of automation in accounting and payroll systems has resulted in firms struggling to reconcile data – which could lead to d...

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OakNorth’s Nooriala: Challenger banks to face “crunch point” in the next five years
Banking

OakNorth’s Nooriala: Challenger banks to face “crunch point” in the next five years

3y | By Rebekah Tunstead, Reporter

OakNorth’s Nooriala: Challenger banks to face “cru...

Pressure is increasing on those challenger banks relying on venture capitalists and crowd funding, which will reach a “crunch point&rd...

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FCA’s Dimachki: Regulator “open to discussions” around interpretation of PISP standards
Insurance

FCA’s Dimachki: Regulator “open to discussions” around interpretation of PISP standards

3y | By Rebekah Tunstead, Reporter

FCA’s Dimachki: Regulator “open to discussions” ar...

The regulations around Payment Initiation Service Providers (PISPs) are not supposed to be prescriptive, according to Maha El Dimachki, head of paymen...

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Report: Time running out to implement FRTB technology
Banking

Report: Time running out to implement FRTB technology

3y | By Rebekah Tunstead, Reporter

Report: Time running out to implement FRTB technol...

Banks must get their technology platforms and processes in place before the end of 2019 in order to allow two years for data management testing and mo...

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Isda, FIA: Lack of UK trading venue equivalence to hit markets
Trading & brokering

Isda, FIA: Lack of UK trading venue equivalence to hit markets

3y | By Rebekah Tunstead, Reporter

Isda, FIA: Lack of UK trading venue equivalence to...

Industry bodies have warned of the potential negative impact of failure by European authorities to recognize UK trading venues in the case of a no-dea...

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Treating CCPs like banks is “not logical and not appropriate”
Trading & brokering

Treating CCPs like banks is “not logical and not appropriate”

3y | By Rebekah Tunstead, Reporter

Treating CCPs like banks is “not logical and not a...

It is neither “logical” or “appropriate” for central counterparty clearing house (CCP) participants to call for greater capita...

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Testing of Mifid II transaction data is "doing the same job twice"
Asset management

Testing of Mifid II transaction data is "doing the same job twice"

3y | By Rebekah Tunstead, Reporter

Testing of Mifid II transaction data is "doing the...

Sample tests of transaction data provided by national competent authorities (NCAs) back to market participants is an “extra layer of comple...

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UK’s FCA: “Significant issues” remain in asset management cost calculations
Asset management

UK’s FCA: “Significant issues” remain in asset management cost calculations

3y | By Rebekah Tunstead, Reporter

UK’s FCA: “Significant issues” remain in asset man...

Significant issues remain in the disclosure of cost calculations within asset management, according to Nick Miller, head of asset management supervisi...

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Mifid II post-trade data not bringing clarity to the market
Insurance

Mifid II post-trade data not bringing clarity to the market

3y | By Rebekah Tunstead, Reporter

Mifid II post-trade data not bringing clarity to t...

Approved publication arrangements (APAs) are interpreting rules set out in the second Markets in Financial Instruments Directive (Mifid II) differentl...

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UK SMEs need to embrace technology revolution
Banking

UK SMEs need to embrace technology revolution

3y | By Rebekah Tunstead, Reporter

UK SMEs need to embrace technology revolution

Small and medium enterprises (SMEs) in the UK need to embrace the technology revolution that is currently taking place, according to Seamus Smith, exe...

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Is there gender diversity in fintech?

Is there gender diversity in fintech?

3y | By Rebekah Tunstead, Reporter

Is there gender diversity in fintech?

There is a growing number of women moving into the fintech sector, but is this happening quickly enough? The ratio of female to males in senior positi...

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Non-financial counterparties unaware of looming SFTR reporting obligation
Insurance

Non-financial counterparties unaware of looming SFTR reporting obligation

3y | By Rebekah Tunstead, Reporter

Non-financial counterparties unaware of looming SF...

Some non-financial counterparties (NFCs) are unaware of impending reporting obligations under the Securities Financing Transactions Regulation (SFTR),...

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Emir Refit delay causes headache for small financial counterparties
Insurance

Emir Refit delay causes headache for small financial counterparties

3y | By Rebekah Tunstead, Reporter

Emir Refit delay causes headache for small financi...

Ambiguity around financial counterparty categorizations due to the delay in the implementation of the update to the European Market Infrastructure Reg...

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Banks pressurize trading venues for SFTR filing clarity
Insurance

Banks pressurize trading venues for SFTR filing clarity

3y | By Rebekah Tunstead, Reporter

Banks pressurize trading venues for SFTR filing cl...

Major tier one banks are putting pressure on trading venues to provide a much more compliant Securities Financing Transaction Regulation (SFTR) confir...

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Poor AML KYC leads to remediation projects on both sides of the Atlantic
Banking

Poor AML KYC leads to remediation projects on both sides of the Atlantic

3y | By Rebekah Tunstead, Reporter

Poor AML KYC leads to remediation projects on both...

Inadequate onboarding procedures have led to incomplete know your customer (KYC) compliance, and resulted in ongoing remediation projects to deal with...

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AI replacement of current market risk models “a long way” off
Insurance

AI replacement of current market risk models “a long way” off

3y | By Rebekah Tunstead, Reporter

AI replacement of current market risk models “a lo...

Replacing current market risk models with something that has been derived through artificial intelligence (AI), especially unsupervised machine learni...

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ING’s Joyner: Leverage loan market margins higher now than six months ago
Banking

ING’s Joyner: Leverage loan market margins higher now than six months ago

3y | By Rebekah Tunstead, Reporter

ING’s Joyner: Leverage loan market margins higher ...

“If you look at the leverage market let’s say ‘correction’, margins are higher now than they were six months ago,” says ...

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Report: Europe running out of time to conclude CCP negotiations
Payments

Report: Europe running out of time to conclude CCP negotiations

3y | By Rebekah Tunstead, Reporter

Report: Europe running out of time to conclude CCP...

Trilogue negotiations began last week to discuss EU supervision of the continent's central counterparty clearing houses (CCPs) and third...

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EU hopes of AML cooperation deemed "unlikely" by industry
Insurance

EU hopes of AML cooperation deemed "unlikely" by industry

3y | By Rebekah Tunstead, Reporter

EU hopes of AML cooperation deemed "unlikely" by i...

European Union attempts to unite the continent’s anti-money laundering (AML) approach is unlikely, says Andrew Simpson, chief operation officer ...

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UK is "leader" of Europe-wide API standardisation
Banking

UK is "leader" of Europe-wide API standardisation

3y | By Rebekah Tunstead, Reporter

UK is "leader" of Europe-wide API standardisation

The fact that the UK’s API standards are in prime position to be embraced across the European Union puts the country’s banks and fintechs ...

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PSA exemption from clearing obligation to be extended by four years
Insurance

PSA exemption from clearing obligation to be extended by four years

3y | By Rebekah Tunstead, Reporter

PSA exemption from clearing obligation to be exten...

The exemption for pension scheme arrangements (PSAs) to clear over-the-counter (OTC) derivatives through central clearing houses under the European Ma...

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Stagnation and competitiveness halting the rise of insurtech
Insurance

Stagnation and competitiveness halting the rise of insurtech

3y | By Rebekah Tunstead, Reporter

Stagnation and competitiveness halting the rise of...

Insurance renewal rules by the UK’s Financial Conduct Authority (FCA), which were created to encourage consumers to shop around as contracts app...

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Open Banking regulators have failed to "pull the banks to order"
Banking

Open Banking regulators have failed to "pull the banks to order"

3y | By Rebekah Tunstead, Reporter

Open Banking regulators have failed to "pull the b...

The UK’s Open Banking regulators have failed to hold banks accountable to the Open Banking initiative, says Shefali Roy, chief compliance office...

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Contino’s Fregosi: No “winning solution” for cloud migration
Insurance

Contino’s Fregosi: No “winning solution” for cloud migration

3y | By Rebekah Tunstead, Reporter

Contino’s Fregosi: No “winning solution” for cloud...

Without a unique solution migrating old legacy code workflows to the cloud remains a challenge, according to Frederico Fregosi, principal technical co...

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Swiss Re: DLT nowhere near interoperability
Insurance

Swiss Re: DLT nowhere near interoperability

3y | By Rebekah Tunstead, Reporter

Swiss Re: DLT nowhere near interoperability

Interoperability of cross industry distributed ledger technologies (DLTs) may be the next logical step forward, but it is far from being realised, acc...

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RBS shrinks but turns to Open Banking
Banking

RBS shrinks but turns to Open Banking

3y | By Rebekah Tunstead, Reporter

RBS shrinks but turns to Open Banking

“NatWest and RBS have been shrinking,” said Adrian Smyth, head of payment innovation RBS, at an industry event in London last week.  ...

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Barclaycard's Kerigan: Retailers hesitant to embrace Open Banking opportunities
Banking

Barclaycard's Kerigan: Retailers hesitant to embrace Open Banking opportunities

3y | By Rebekah Tunstead, Reporter

Barclaycard's Kerigan: Retailers hesitant to embra...

Retailers are showing signs of reluctance to the payment innovations enabled by Open Banking according to Nick Kerigan, managing director of future pa...

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Challenger account holders seek budgeting assistance
Banking

Challenger account holders seek budgeting assistance

3y | By Rebekah Tunstead, Reporter

Challenger account holders seek budgeting assistan...

Challenger bank account holders are looking elsewhere for budgeting assistance according to Steve Tigar, CEO of the free online budgeting app, Money D...

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KPMG’s Bolland: Incumbent banks the winners of big data revolution
Banking

KPMG’s Bolland: Incumbent banks the winners of big data revolution

3y | By Rebekah Tunstead, Reporter

KPMG’s Bolland: Incumbent banks the winners of big...

Legacy platforms will not hold incumbent banks back as the industry becomes more focused on big data possibilities, according to Dan Bolland, director...

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Mastercard’s Wadsworth: Who will end up holding the Open Banking baby?
Banking

Mastercard’s Wadsworth: Who will end up holding the Open Banking baby?

3y | By Rebekah Tunstead, Reporter

Mastercard’s Wadsworth: Who will end up holding th...

Questions around accountability should problem occurs around Open Banking relationships were raised by Jim Wadsworth, UK product director at Mastercar...

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EU and US banks facing escalated risks
Banking

EU and US banks facing escalated risks

3y | By Rebekah Tunstead, Reporter

EU and US banks facing escalated risks

There has been a significant increase in credit risk in the EU this year, while US banks face increased regulatory risk in the months ahead. That&rsqu...

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Post-Brexit software support required for SMEs
Accounting

Post-Brexit software support required for SMEs

3y | By Rebekah Tunstead, Reporter

Post-Brexit software support required for SMEs

Small businesses are still struggling to figure out the implications of Brexit and will have a “desperate need for support”, says Pamela N...

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Google IPs redirected: Williams highlights risks of cloud for financial services
Insurance

Google IPs redirected: Williams highlights risks of cloud for financial services

3y | By Rebekah Tunstead, Reporter

Google IPs redirected: Williams highlights risks o...

On November 12, a prefix leak resulted in Google’s IP addresses being redirected to ChinaTel, according to a bobsguide source. “While this...

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Feedzai’s Bizzaro: regulation a challenge for cybersecurity providers
Insurance

Feedzai’s Bizzaro: regulation a challenge for cybersecurity providers

3y | By Rebekah Tunstead, Reporter

Feedzai’s Bizzaro: regulation a challenge for cybe...

The need to anonymize certain data because of regulations is providing an added challenge for cybersecurity providers, says Pedro Bizzaro, co-founder ...

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Tandem's Ford: Open Banking isn't just about aggregation
Banking

Tandem's Ford: Open Banking isn't just about aggregation

3y | By Rebekah Tunstead, Reporter

Tandem's Ford: Open Banking isn't just about aggre...

“There is a bit of feeling, if you read a lot of column inches at the moment, that Open Banking has been a damp squib. I think what you’ve...

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CUBE: FI culture obstructing regtech
Insurance

CUBE: FI culture obstructing regtech

3y | By Rebekah Tunstead, Reporter

CUBE: FI culture obstructing regtech

The single biggest challenge for regtech adoption is reluctance to change culture, says Ben Richmond, founder and CEO of CUBE, the compliance firm. &l...

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HSBC moves to clean up data breach
Banking

HSBC moves to clean up data breach

3y | By Rebekah Tunstead, Reporter

HSBC moves to clean up data breach

Today HSBC customers in the US were notified of a breach of data that occurred last month. The cyber attack is supposed to have affected less than 1% ...

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Clearing standoff: US able to stand on its own in defence of trading ambition
Insurance

Clearing standoff: US able to stand on its own in defence of trading ambition

3y | By Rebekah Tunstead, Reporter

Clearing standoff: US able to stand on its own in ...

The EU's softening in relation to clearing is typical brinksmanship of the commission, following its usual run book of international negotiations,...

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Deutsche Bank’s Striano: Challengers face “loss of competitive advantage”
Banking

Deutsche Bank’s Striano: Challengers face “loss of competitive advantage”

3y | By Rebekah Tunstead, Reporter

Deutsche Bank’s Striano: Challengers face “loss of...

“On the topic of ‘challenger’ banks – while the underlying technology may be more adaptable, the requirement to do things diff...

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Payments outages suggest retail value chain must be reassessed
Banking

Payments outages suggest retail value chain must be reassessed

3y | By Rebekah Tunstead, Reporter

Payments outages suggest retail value chain must b...

Thousands of UK businesses were unable to process payments because of a network outage at the beginning of the week, with reports suggesting Worldpay ...

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Insurtech report: The starting and stalling of a sector
Insurance

Insurtech report: The starting and stalling of a sector

3y | By Rebekah Tunstead, Reporter

Insurtech report: The starting and stalling of a s...

Insurtech entered common vernacular in the market towards the end of 2015, but it’s been slow to take off compared to disruption in other areas....

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BTCC CEO: Don’t assume blockchain is for real-world assets
Insurance

BTCC CEO: Don’t assume blockchain is for real-world assets

3y | By Rebekah Tunstead, Reporter

BTCC CEO: Don’t assume blockchain is for real-worl...

Blockchain's primary use case remains the creation and movement of cryptocurrencies, said Bobby Lee, a board member of the Bitcoin Found...

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Banks "struggling" to employ hackers
Insurance

Banks "struggling" to employ hackers

3y | By Rebekah Tunstead, Reporter

Banks "struggling" to employ hackers

Mikhail Sosonkin, a Russian hacker and security specialist told a panel at Money 20/20 that most hackers don’t want to work for banks....

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FCA: Regtechs must be realistic about their capabilities
Banking

FCA: Regtechs must be realistic about their capabilities

3y | By Rebekah Tunstead, Reporter

FCA: Regtechs must be realistic about their capabi...

Regtech organisations need to be honest about their capabilities, according to Nick Cook, head of regtech and advanced analytics at the UK's ...

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Europe unwilling to grasp blockchain
Accounting

Europe unwilling to grasp blockchain

3y | By Rebekah Tunstead, Reporter

Europe unwilling to grasp blockchain

A recent report, ‘Blockchain in Europe: Closing the Strategy Gap’, conducted by Cognizant, reveals there are several internal barrier...

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Where next for the challenger banks?
Banking

Where next for the challenger banks?

3y | By Rebekah Tunstead, Reporter

Where next for the challenger banks?

As new challenger bank N26 comes to the UK market, the question of how far the challenger banks can go to dominating a customer’s financial life...

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Open Banking concerns arise for payments providers
Banking

Open Banking concerns arise for payments providers

3y | By Rebekah Tunstead, Reporter

Open Banking concerns arise for payments providers

Rachna Ahlawat, EVP and co-founder of Ondot Systems, expressed concerns about how Open Banking could take the one click payment process to something m...

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N26 throws down gauntlet to “no brainer” UK banking market
Banking

N26 throws down gauntlet to “no brainer” UK banking market

3y | By Rebekah Tunstead, Reporter

N26 throws down gauntlet to “no brainer” UK bankin...

German fintech N26 has begun its phased launch into the UK. The country has seen many a challenger bank set up shop in the last 10 years with Monzo (2...

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BofE & FCA call for urgent report of FI cyber risk
Insurance

BofE & FCA call for urgent report of FI cyber risk

3y | By Rebekah Tunstead, Reporter

BofE & FCA call for urgent report of FI cyber risk

British banks, clearing houses, and payments systems have been asked by the UK’s Bank of England (BoE) and Financial Conduct Authority (FCA) to ...

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Interview: Inside the mind of a Monzo engineer
Banking

Interview: Inside the mind of a Monzo engineer

3y | By Rebekah Tunstead, Reporter

Interview: Inside the mind of a Monzo engineer

Monzo prides itself on creating a bank that “lives on your smartphone”. IT is part of it’s DNA. 2018 may infamously serve as a perio...

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Crime costs rise as fintechs rely on “old school” security measures
Insurance

Crime costs rise as fintechs rely on “old school” security measures

3y | By Rebekah Tunstead, Reporter

Crime costs rise as fintechs rely on “old school” ...

The cost of fraud to financial services increased by 9.3% over 2017, according to research conducted by LexisNexis Risk Solutions. For every $1 stolen...

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UK “concerned” about Open Banking
Insurance

UK “concerned” about Open Banking

3y | By Rebekah Tunstead, Reporter

UK “concerned” about Open Banking

More than three quarters of the UK are concerned about sharing financial data with organisations other than their bank, according to a recent poll by ...

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Baml accelerates mobile banking investment
Banking

Baml accelerates mobile banking investment

3y | By Rebekah Tunstead, Reporter

Baml accelerates mobile banking investment

Simpler navigation, enhanced user face, and ability to send feedback directly through the app are some of the latest improvements to the CashPro Mobil...

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Brexit uncertainty forces fintechs, challengers to look abroad
Banking

Brexit uncertainty forces fintechs, challengers to look abroad

3y | By Rebekah Tunstead, Reporter

Brexit uncertainty forces fintechs, challengers to...

UK challenger banks and fintechs are making moves to ensure their services will be available to customers in the European Union after Brexit. Starling...

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Danske Bank: What we know so far
Banking

Danske Bank: What we know so far

3y | By Rebekah Tunstead, Reporter

Danske Bank: What we know so far

A National Crime Agency (NCA) spokesperson told bobsguide this morning it is “aware of the use of UK registered companies in this case and has r...

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Banks drive blockchain commodities platform
Banking

Banks drive blockchain commodities platform

3y | By Rebekah Tunstead, Reporter

Banks drive blockchain commodities platform

Announed on September 19, komgo SA aims to digitalise the commodities trading sector through a blockchain based open platform. The founders of the new...

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Eyesclear CEO: “Outside of all this existing software, there is a whole world evolving. Banks are not able to grasp that”
Insurance

Eyesclear CEO: “Outside of all this existing software, there is a whole world evolving. Banks are not able to grasp that”

3y | By Rebekah Tunstead, Reporter

Eyesclear CEO: “Outside of all this existing softw...

The regtech market is growing, and will become of increasing importance for financial institutions in the months to come. But for Erkin Oksel, CEO of ...

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Systems drive trading agenda
Asset management

Systems drive trading agenda

3y | By Rebekah Tunstead, Reporter

Systems drive trading agenda

Some vendors and brokerage firms claim to provide the best trading systems with diverse functions to assist traders, making it incredibly difficult fo...

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