The current state of cybersecurity for ATMs

15th December 2020

Company: Auriga
There has been a growing number of cyberattacks against ATMS and central servers, which are the systems that control ATMs. This pressing threat has resulted in the theft of personal data, such as account numbers and pin codes. However, these types of attacks still require further actions to convert the data into money, so a simpler effort for... read more

Rating agencies predict pain for EU banks

14th December 2020

Company: bobsguide
Thanks to beefed-up, post-financial crisis reserves and generous government support, the European banking industry has proved resilient so far throughout the pandemic-triggered economic wreckage. But a bout of consolidation probably lies ahead, in part because of competition from fintech for lower-cost digital distribution channels. ... read more

How to succeed in moving risk software in the cloud

14th December 2020

Company: CompatibL
The emerging cloud technologies offer numerous benefits over traditional on-premises deployments. While the rate of cloud adoption in the financial industry was initially slow, banks and asset managers are now embracing cloud technologies and moving their enterprise application to the cloud. This article details the experience of one vendor,... read more

No-deal Brexit a “nightmare” for fintechs

10th December 2020

Company: bobsguide
A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for fintechs, according to James Lynn, co-founder at London-based fintech, Currensea. Lynn says that a no-deal scenario, alongside no equivalence arrangements will make innovation and growth in the... read more

Survey: Emerging payments landscape assessed

9th December 2020

Company: bobsguide
As the payments landscape continues to reshape during the pandemic, banks and PSPs are reviewing the situation as matters unfold into the new year. Questions are being asked and decisions are now required on everything from instant payments to ISO 20022, to intraday liquidity management and stress testing. Naturally, tech will play a major... read more

Open Banking can turn into Beyond Banking, predicts Commerzbank

9th December 2020

Company: bobsguide
The success of Open Banking depends critically on a mutually beneficial cooperation between traditional institutions and fintech to the benefit of clients, predicts an in-depth paper from Commerzbank, Germany’s market leader in corporate banking. Citing several examples of productive partnerships between banks and fintech, the study... read more

Salesforce catching up with Slack deal

8th December 2020

Company: bobsguide
Salesforce’s decision to acquire Slack for $27.7bn can be read as an attempt to try to gain ground on competitors, according to Graham Norton-Standen, executive chairman at High Impact Office, a tech consultancy. “Salesforce has sat back on its laurels, just as it did with classic for many years… Salesforce has left itself in... read more

Buyers' brief: The future of bank treasury tech is AI

7th December 2020

Company: bobsguide
Long the bastion of cash and liquidity management, bank treasury teams do far more than position-keeping. Real-time risk management, operations, payments, and financial risk management are rolled into the business function. Over the past few years, market-leading software has become key to overseeing the risk and reward of each process, and so... read more

The complexities of creating fintech and how to overcome them

4th December 2020

It’s been a hugely challenging year for the banking sector. Companies have had to think on their feet and, in most cases, quickly leverage new technology to ensure they are able to continue offering their products and services. One of the biggest changes to come from the coronavirus pandemic is the effect it’s had on consumers’... read more

Compliance tech supporting UK financial services

2nd December 2020

Company: bobsguide
Over the past two decades, the rules governing financial services have become much more onerous, leading more organisations to rely on tech vendors to process vast swathes of data and report to exact standards. As such, the regtech sector has blossomed, with vendors popping up to offer assistance across functions. Yet for UK based financial... read more