Infrastructure Insights

The pandemic has accelerated digital transformation in banking, leading banks to faster adopt new digital delivery models. The rise of neo and digital banking became the new normal, with an emphasis on mobile banking services. Industry analysts predict the pandemic will only help these new, digital trends become a reality faster. The... read more

Banks must accelerate their digital transformation to meet fintechs’ needs, particularly as they are considered critical to the success and regulatory compliance of their fintech partners, according to research led by Clearbank. Whilst over half of fintechs expect their banks enabled them to maintain regulatory compliance, boost... read more

September 2008 saw the emblematic moment of the Global Financial Crisis (GFC) when Lehman Brothers collapsed. Intraday liquidity was fundamental to this collapse. Correspondent banks were not willing to provide intraday credit lines with Lehman Brothers looking such a bad risk and demanded Lehman’s either prefund accounts or collateralise the... read more

The last 11 months have passed at a crawl, and yet it is hard to believe that for nearly a year – a whole year – the world has been in the grip of Covid-19, the deadliest pandemic since the 1918 flu. You do not need me to point out that our lives, in all aspects, have been irreparably changed. And even when the events of 2020 (and,... read more

In recent years, the financial services (FS) industry has gone through transformative changes to embrace digitalisation and keep up with customers’ ever evolving expectations when it comes to the online experience. The pandemic only contributed to further accelerating this digital evolution, and driving forward the adoption of new... read more

Wholesale markets have seen a large increase in the number of people executing financial trades on electronic platforms, a rise directly attributed to the pandemic, as well as improved engagement. Those banks that had platforms in place have benefitted considerably, enhancing their collaboration with the buyside on quotations, analytics, pricing... read more

On January 12 Challenger Revolut launched confirmation of Payee with Modulr as part of its latest anti-fraud security feature. This comes after it announced it had applied to the FCA for a banking licence the day before. Payments provider Mastercard, on January 18, announced it had joined forces with FrenchSys to enhance and speed up the... read more

The sixth anti-money laundering directive (6AMLD) is here. In effect in EU member states since December 3, 2020, financial institutions must implement the directive by June 3, 2021. While there are fewer big changes than previous directives, 6AMLD brings clarity to specific regulatory details to close loopholes, toughen penalties, and encourage... read more

To say that 2020 has been eventful would be an understatement. No one could have predicted how these past 12 months would pan out and how big an impact the pandemic would have on the global economy and the banking sector specifically. As such, several new banking trends have emerged as lenders attempt to safely navigate the challenges posed by... read more