Insights

The ability to program digital currencies could grant central banks greater control over the monetary system, according to co-founder of cryptocurrency investment platform Revix, Sean Andrew Sanders. “Physical cash has limitations in terms of corruption, terrorist financing. You have all these activities because you aren’t actually... read more

Are you a treasurer in need of a solution for better cash forecasting, but you don’t have the budget you need? You are not alone. We have lately seen more articles, aimed at treasury organisations, about how to get the CFO to buy in. This is a very good trend. We are finally starting to react to perhaps the most repeated question of all times... read more

Implementing 3D Secure 2 (3DS2) – a cornerstone of the strong customer authentication (SCA) rules outlined in Europe’s second payments directive – represents a complex challenge for ecommerce firms and payment service providers, says JP Morgan’s executive director of product solutions, Brian Gaynor. 3DS2 is an online... read more

Technology in banking has moved out of the back office and is now central to all that a bank does. In the digital age, technology enables a good customer experience that is fundamental to banking success. But many banks find themselves hamstrung by the technology that made them successful. Why? Many banks are grappling with monolithic technology... read more

“We put in place rigorous governance mechanisms, we agreed with Finastra what the governance mechanism would be like and we then started to execute it,” said Dr Aamir Matin, chief technology and strategy officer, HBL, Pakistan. That governance mechanism is crucial to any bank-vendor relationship, added Saqib Iqbal, sales manager MEA... read more

The lack of round-the-clock liquidity and the burdensome processes of know your customer (KYC) requirements are holding banks back from fully embracing real-time payments. So problematic are these issues that some banks have put their real-time payment projects on hold, according to Domenico Scaffidi business development director at Volante... read more

This is the second in a three part series, based on the whitepaper, Excellence in Sanctions Compliance: The Role of Effectiveness, Efficiency and Explainability The first article in our “excellence in sanctions compliance” series detailed the many regulatory requirements that must be met to achieve effective compliance. If not... read more

Recently, we heard of a media reporting of a failed buy-side system implementation, this time in Asia-Pacific, with significant impact on the firm and its resources. It is probably not for the last time that we hear of such examples. But modernisation of buy-side operations and infrastructure is absolutely necessary, to shake off the relentless... read more

Legacy culture is the greatest impediment to insurance industry innovation, according to Capgemini’s Executive Vice President and P&C Insurance Leader, Seth Rachlin. “It’s legacy systems and legacy culture,” says Rachlin in response to diagnosing the greatest hurdle to partnerships between insurers and insurtech.... read more