Marketing / PR Insights

Considering it was heralded as one of the biggest revolutions in retail banking of recent times, consumer awareness of open banking remains disappointingly low in the UK. In new research conducted by CREALOGIX, two thirds of the 2,000 respondents questioned had no idea what open banking was or is. Furthermore, less than 8% of respondents regarded... read more

Financial services has found itself cut off from the technological developments of other industries, and an unwillingness to catch up will see it experience further problems, according to a panel at Money 20/20 in Amsterdam. “Banks have found themselves marooned from the main development strand of technology,” said Paul Taylor,... read more

The Eurosystem project to consolidate TARGET2 and T2S and to meet changing market needs by enabling a truly real-time 24x7 settlement infrastructure for cash, securities and collateral aims at increasing efficiencies and optimising liquidity management across all TARGET Services. The go-live is scheduled for November 2021, with a big bang... read more

The Wolfsberg Group, an association of 13 global banks which aims to develop frameworks and guidance for the management of financial crime risks, issued new guidance for sanctions screening earlier this year to provide  financial institutions (FIs) with a stronger toolkit for dealing with money laundering, sanctions and bribery and... read more

With historic fines being levied for breaches of the Markets in Financial Instruments Directive (Mifid) and national conduct authorities (NCAs) suggesting plans to administer the directive much more onerous follow-up – Mifid II – market participants must build in systems to assist with transaction reporting obligations. “The... read more

Commercial and business banking clients often have a harder time opening a bank account than the average retail client, mainly due to the complex, siloed legacy technology that makes up most banks’ back, middle and front office operations. Banks share the frustration of difficult and lengthy onboarding solutions with their clients. Not only... read more

Since the global financial crisis, regulators have given increased attention to the responsibilities of fund management companies* in overseeing their delegated functions. The US Investment Company Act of 1940, and AIFMD and UCITS in Europe, are clear that – while the valuation function may be outsourced – the overall responsibility for... read more

Time is running out to submit entries for the 2019 bobsguide Partnership Awards. With the deadline for submissions just five weeks away, nominations are building up, and the judging team is encouraging market participants to file entries soon to avoid disappointment in what is shaping up to be a hotly contested competition. The awards are... read more

The European Commission’s proposal to amend the single rulebook, the "banking package" – the Capital Requirements Regulation (CRR), the Capital Requirements Directive (CRD) the Bank Recovery and Resolution Directive (BRRD), and Single Resolution Mechanism Regulation (SRMR) has finally reached its final stages after more than... read more