Insights

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GameStop ‘hysteria’ wont spark social media analytics boom

2nd February 2021

Company: bobsguide
Using data and analytics to scrape social media sites to combat the influence Reddit pages like r/wallstreetbets have had over markets in recent weeks is pointless, according to Toscafund Asset Management’s chief economist, Dr Savvas Savouri. Reports have suggested that hedge funds will now start scraping data from Reddit forums, using... read more
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European banking trends for 2021: Top 4 in store for the industry

1st February 2021

Company: Auriga
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
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Calls for CRM to include PISPs and electronic money issuers

29th January 2021

Company: bobsguide
Forty-one percent of authorised push payment (APP) scams have been reimbursed since the introduction of the Contingent Reimbursement Model (CRM) but “there is more to do”, according to the Lending Standards Board (LSB). The self-regulatory body published its review into the voluntary code following an industry wide consultation... read more
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Capital One reiterates AML investment following FinCEN fine

27th January 2021

Company: bobsguide
This month, the Financial Crimes Enforcement Network (FinCEN) fined Capital One $390m for violating the Bank Secrecy Act (BSA) and failing to comply with regulations – but the firm claims it is committed to tackling money laundering. “Capital One takes its anti-money laundering obligations very seriously,” said a spokesperson... read more
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Unresponsive bank APIs causing open banking challenges

26th January 2021

Company: bobsguide
Unreliable payment rails still pose a challenge for third party providers, according to Luke Massie, CEO of VibePay. Problems with the technical infrastructure of open banking is experienced “most weeks”, says Massie. The instability of the APIs creates friction, impacting negatively on consumers’ payment process. “If... read more
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Bobsguide Rankings 2020 announced

26th January 2021

Company: bobsguide
Each year, we ask the market to vote for those fintechs they believe stand out from the competition – those who have gone the extra mile in terms of development and servicing their clients. As well as sector specific categories, we ask the market to suggest those organisations that have demonstrated business attributes that have set them... read more
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Alternative tech costs spiking during crisis

25th January 2021

Company: ReconArt, Inc.
2020 will go down in history as a tumultuous year. We are in a defining period of time, challenging human ingenuity, perseverance, and priorities. Adapting to change can be painful and uneasy and it takes time to realise the opportunities for improvement it presents.   Businesses are compelled to face the reality of change and deal with it... read more
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Lockdown 3.0: The continued implications of remote trading

25th January 2021

With much of Europe and other global jurisdictions returning to yet another lockdown, we can be reasonably confident that markets will cope well this time around. The second lockdown coincided with the traditional end of the budgeting season and led to many firms shifting their priorities towards working from home and remote trading. This lockdown... read more
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UK challengers hinge profit hopes on banking licenses

21st January 2021

Company: bobsguide
In the beginning, digital challengers presented themselves as a kind of anti-bank proposition. This initially served them well, especially in the wake of the 2008 financial crisis - which eroded peoples’ confidence in high street lenders so severely that ten years on two thirds of Brits still do not trust banks, according to a YouGov poll. ... read more
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bobsguide Awards 2020: Winners announced

18th January 2021

Company: bobsguide
It's with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovation required of the fintech community last year, the judges delayed many of the assessments as late as possible. Here, we have a comprehensive list of those organisations that... read more