Insights

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No-deal Brexit a “nightmare” for fintechs

10th December 2020

Company: bobsguide
A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for fintechs, according to James Lynn, co-founder at London-based fintech, Currensea. Lynn says that a no-deal scenario, alongside no equivalence arrangements will make innovation and growth in the... read more
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Survey: Emerging payments landscape assessed

9th December 2020

Company: bobsguide
As the payments landscape continues to reshape during the pandemic, banks and PSPs are reviewing the situation as matters unfold into the new year. Questions are being asked and decisions are now required on everything from instant payments to ISO 20022, to intraday liquidity management and stress testing. Naturally, tech will play a major... read more
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Open Banking can turn into Beyond Banking, predicts Commerzbank

9th December 2020

Company: bobsguide
The success of Open Banking depends critically on a mutually beneficial cooperation between traditional institutions and fintech to the benefit of clients, predicts an in-depth paper from Commerzbank, Germany’s market leader in corporate banking. Citing several examples of productive partnerships between banks and fintech, the study... read more
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Salesforce catching up with Slack deal

8th December 2020

Company: bobsguide
Salesforce’s decision to acquire Slack for $27.7bn can be read as an attempt to try to gain ground on competitors, according to Graham Norton-Standen, executive chairman at High Impact Office, a tech consultancy. “Salesforce has sat back on its laurels, just as it did with classic for many years… Salesforce has left itself in... read more
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Buyers' brief: The future of bank treasury tech is AI

7th December 2020

Company: bobsguide
Long the bastion of cash and liquidity management, bank treasury teams do far more than position-keeping. Real-time risk management, operations, payments, and financial risk management are rolled into the business function. Over the past few years, market-leading software has become key to overseeing the risk and reward of each process, and so... read more
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The complexities of creating fintech and how to overcome them

4th December 2020

It’s been a hugely challenging year for the banking sector. Companies have had to think on their feet and, in most cases, quickly leverage new technology to ensure they are able to continue offering their products and services. One of the biggest changes to come from the coronavirus pandemic is the effect it’s had on consumers’... read more
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Compliance tech supporting UK financial services

2nd December 2020

Company: bobsguide
Over the past two decades, the rules governing financial services have become much more onerous, leading more organisations to rely on tech vendors to process vast swathes of data and report to exact standards. As such, the regtech sector has blossomed, with vendors popping up to offer assistance across functions. Yet for UK based financial... read more
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Online insurance sales: Is it enough?

2nd December 2020

Company: Comarch Finance
The current epidemiological situation has become a driving force for many customers to change their buying habits. Also in the case of insurance: those who buy policies increasingly want to do it online. According to the Capgemini report, as many as 75 percent of the insurance company's customers worldwide would change their insurer if the... read more
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What does 2021 hold for digital financial services?

1st December 2020

Company: iProov
1. More financial regulators will authorise onboarding via automated biometrics Within the next 12 months, banking regulators in global territories – including Europe and the Far East – will authorise the use of automated biometrics instead of video calling for remote Know Your Customer (KYC) processes. Just as in 2019, when a... read more