Insurance Systems Insights
29th October 2013
With the single euro payments area (SEPA) migration end date of 1 February 2014 now imminent, Garry Young, director of corporate services at CGI, assesses the readiness of corporate treasuries, public sector and other organisations for the coming European harmonisation project, while also exploring if a ‘plan b’ delay is in any way... read more
3rd September 2013
Prior to the commencement of the Sibos 2013 trade show organised by SWIFT in Dubai, UAE, on 16-19 September, David Hennah, head of product management at Misys examines what he thinks will be one of the ‘hot topics’ at this year’s event - the Bank Payment Obligation (BPO).
In the past I have characterised the Letter of... read more
19th August 2013
The rapid growth and development over recent years of real-time payments is examined in this article from Imran Ali, payments manager for Europe, Middle-East and Africa (EMEA) at Citi, which reviews specific national schemes from Poland, in the UK, Nigeria and Singapore. The advantages for corporate and retail banks and their customers are... read more
14th August 2013
The raft of new and existing regulations facing retail banks from the Basel III capital adequacy regime to the Know Your Customer (KYC) regulations mean that it is increasingly difficult for new entrants to break into the marketplace, says Martin Dempsey, client director at the Certeco consultancy. Perhaps it is therefore time for a shared... read more
5th August 2013
Standard Life has implemented Webtrends Analytics 10 marketing solution, and its Segments and Heatmap tools to aid customer intelligence and targeting, reports Neil Ainger. It is now using it to comply with the Retail Distribution Review (RDR) regulatory changes in the UK and elsewhere in the world to attract business as the rollout continues.
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31st July 2013
In the wake of a recent British Retail Consortium (BRC) study that showed a 10% decline in UK goods purchased with notes and coins last year, Chris Davies, managing director of the Global Payments processing firm, examines the future of cash versus card payments, and how consumer behaviour and payment technology might develop in the future.
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29th July 2013
Axa Wealth has been able to identify and control its internal data permissions more effectively after installing data governance, security and monitoring software from Varonis, reports Neil Ainger.
The financial services company, Axa Wealth, has simplified its network sharing system with Varonis DatAdvantage, gaining visibility into every... read more
15th July 2013
Michel Barnier, the European Union (EU) Commissioner responsible for internal markets and services including financial services (FS), has spoken out at a London conference against UK exceptionalism, writes Neil Ainger. Barnier is the man responsible for overseeing the implementation of a plethora of regulations such as the Bank Resolution and... read more
7th June 2013
I have long been extolling the virtues of the mobile channel as an opportunity that banks and financial institutions cannot afford to miss out on, says Sirpa Nordlund, the executive director of the Mobey Forum, ahead of the second Mobey Day conference in Barcelona, Spain. The desktop is dead, and the laptop is dying. The age of mobility is... read more
24th May 2013
A borderless world for payments was the chosen theme for the Euro Banking Association’s 2013 EBAday, held this week in Berlin, Germany, reports Graham Buck. More than one of the presenters at the payments conference suggested that banks, not generally regarded as innovators, need to consider new alliances to achieve this goal and better... read more