Industry Advocates Insights
20th December 2018
Historically, the mantra that many fintechs have clinged to despite possessing many features of traditional financial services is ‘we are not financial institutions’.
The rationale behind that distinction is that during the sector’s infancy it was true, giving companies the space to innovate unconstrained and justified to... read more
5th December 2018
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 technology, according to a panel at Fintech Connect in London this week.
The 2017 Women in Fintech Powerlist revealed that 30% of the UK’s fintech workplace was female. The same study reported... read more
4th December 2018
With the dust still settling on the latest crop of firms to comply with BCBS-IOSCO regulatory initial margin (IM) requirements, the spotlight turns on the much larger number of firms expected to fall in-scope in the remaining two phases: between 30 and 50 firms in Phase 4 (2019) and 750 to 1000 firms in Phase 5 (2020).
Aware... read more
19th November 2018
Bank fee analysis remains a topic that is mundane yet extremely vital for treasurers. Essentially, bank fee analysis involves taking a meticulous look at your current and future fee structure from the relationships you have with banks and attempting to mitigate fees where possible. Traditionally, it was executed manually by generating reports and... read more
8th November 2018
The single biggest challenge for regtech adoption is reluctance to change culture, says Ben Richmond, founder and CEO of CUBE, the compliance firm.
“It comes down to the fundamentals of sponsorship, and senior level leadership to drive transformation programs to look at the 15-20% of operating cost that is currently still on the rise... read more
6th November 2018
This article was originally published on our sister site Global Treasurer.
The Working Capital Summit, held jointly in San Francisco and Chicago in October, was a game-changer for the industry in more ways than one.
As Taulia’s Matthew Stammers explains, “In Europe, there are lots of events for senior financial professionals... read more
31st October 2018
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. A report last year by the European Insurance and Occupational Authority (EIOPA) said that digitisation had not yet reached the point of truly disrupting the insurance sector.
For some, the... read more
18th October 2018
The wealth management industry is struggling with a changing customer demographic in which a new generation of tech-savvy clients have higher expectations of the products and services they receive.
That’s according to Gautam Samanta, global head of BFS at NIIT Technologies, the global IT solutions provider.
“The... read more
26th September 2018
Regulatory sandboxes have gained a phenomenal amount of traction in recent years as a dynamic staging ground fintechs can use to collaborate with government agencies and develop new technologies they wish to bring to market. From the Monetary Authority of Singapore and the Bank of Thailand, to the Reserve Bank of India and even the US... read more
20th September 2018
Speaking at the Global Digital Banking Conference, Ruchir Rodrigues, managing director of digital banking at Barclays, took to the stage to deliver a presentation that the agenda described as ‘Digital Banking: Imagination to Execution’.
“At Barclays the whole bank is digital,” he began, “you could say we’re... read more