Insights

It might feel like a lifetime ago, but think back to the last time you visited a restaurant with friends. How did you split the bill? Multiple cards and scribbled math to calculate how much everyone owed? Was it a mix of some paying cash and others using cards? Did you have to sit and wait for change? Even before the pandemic, many people had... read more

While most sellside firms are prepared for phase one of the Securities Financing Transaction Regulation (SFTR) to commence on July 13, complications remain for buyside firms regarding the exchange of unique transaction identifiers (UTIs) and finalisation of reporting models. “To be honest, there are some things that are still being raised.... read more

The spread of the coronavirus and governments’ subsequent reaction has led to a surge in the adoption in contactless payment methods such as card and mobile payments. A report released by global data and insights firm Dynata, surveyed over 11,000 consumers in 11 countries found a universal uptick in the adoption of contactless payments. ... read more

As the US startup community celebrates the recent Volcker Rule reform, some worry the change could impair the banking system as it recovers from recent market volatility.    Sankar Krishnan, executive vice president and industry head, banking and capital markets at Capgemini, is positive about the change, announced on June 25 by the... read more

The US equities market may see a combined digital ledger technology (DLT) and legacy settlement solution, as accelerated settlements gain importance.   “Moving towards that T+0 model is really around doing so as an industry and doing so with a way that doesn’t force transformational change on everybody on day one,” said... read more

An increase in mobile banking application features may make them more vulnerable to fraud, experts say. According to Nikolay Anisenya, mobile application security research team lead at Positive Technologies, fraud protection is largely out of customers’ control. “As a customer, unfortunately you cannot do much to protect yourself... read more

Insurtechs are well suited to address emerging risks ignored by traditional insurers, some market participants suggest. According to Sabine VanderLinden, chief executive and managing director at Alchemy, an insurance venture validation firm, disputes over coronavirus business interruption (BI) claims have exposed gaps in insurance policies that... read more

Innovation in the e-commerce and payments sector could slow down due to the global disruption caused by the pandemic, while businesses look to reconsider and raise their online offerings, according to JP Morgan’s Ray McDonnell, managing director and co-head of merchant services in Europe. While McDonnell feels innovation will have... read more

Regulatory hurdles remain the greatest challenge for asset managers, who will look to outsource compliance burdens as the pandemic eases according to research.   The study, conducted by Northern Trust in the first quarter of this year, found that 50 percent of asset managers cite the regulatory environment as their top challenge when... read more