Insights

/images/news/79232.png

Are deep fakes a threat to the future of identity verification?

29th November 2019

Company: NorthRow
New research shows an alarming surge in the creation of deep fake videos, with the number posted online almost doubling in the last nine months according to the BBC. President Obama’s famous lip-synching video went viral and the most recent deep fake is of Boris Johnson and Jeremy Corbyn, who both appear to endorse each other to be the... read more
/images/news/79231.png

People moves: Concirrus, Paragon, CMC and more

29th November 2019

Company: bobsguide
CMC Markets Appoints Marshall as CFO UK-headquartered derivatives dealer CMC Markets has appointed Euan Marshall as its chief financial officer and as a member of its board of directors, effective November 1. Previously, Marshall served as head of finance and has been the interim CFO since June. He succeeds Grant Foley, who... read more
/images/news/79230.jpg

Q&A: Northern Trust’s Chapman on securities servicing and innovation

28th November 2019

Company: bobsguide
Justin Chapman is the global executive for securities services and the global head for market advocacy and innovation research at Northern Trust. As part of his remit for the securities services business, he is responsible for capital investments in the core systems, and technology used to deliver client products, and execution of new models. On... read more
/images/news/79227.jpg

Tackling Vietnam’s online fraud rates

28th November 2019

Asia Pacific is a vast region, housing a wide range of markets that vary greatly in terms of both size and economic maturity. However, despite the huge differences apparent in the region, there are some trends that have reached all countries. While still a predominantly cash-based region, a younger demographic, an increase in disposable income, and... read more
/images/news/79226.jpg

Rapid rise in biometric authentication leaves space for fraudsters

27th November 2019

Company: bobsguide
New studies show that biometric authentication usage is on the rise, but some researchers warn against its adoption without proper fraud protocols. The 2019 Global Biometrics Market report, published November 26, predicts the global biometrics market to grow at a compound annual growth rate (CAGR) of 16.3 by the end of 2025. With Europe’s... read more
/images/news/79225.jpg

Regulator input could inhibit consumer access to financial data

27th November 2019

Company: bobsguide
Involvement by regulators to create a new API standard for consumers and businesses to access their own financial data could slow down industry initiatives in the space, according to Don Cardinal, managing director of the Financial Data Exchange (FDX). “The issue is, could the regulators stop [the FDX API standard] inadvertently? All they... read more
/images/news/79222.jpg

Buyers’ brief: retail banks look to close tech gap

26th November 2019

Company: bobsguide
Retail banking is evolving rapidly. It’s a good thing too, as firms across the financial services sector. Pay-as-you-go car insurance by the mile or by the hour, with premiums based on how well you drive using telematics are offered by start-ups like InsureTheBox and By Miles. Alibaba and PayPal offer SMEs micro-loans within minutes to... read more
/images/news/79221.jpg

Why financials are under pressure to secure email identity

26th November 2019

A local independent mortgage broker has run into trouble. A loan payment that was expected to go into a client’s account has not materialised. After contacting the lender to find out what has happened it transpires that it received an email purporting to be from the broker asking for deposit account details to be changed. The broker feels... read more
/images/news/79220.jpg

FX in payments: Keeping up with the rapid pace of globalisation

26th November 2019

When it comes to commerce, the world is becoming an increasingly smaller place. Businesses of all stripes are looking to expand globally and at a pace not seen before. The growth of multinational organisations, particularly in the shared and gig economies, has introduced the need to make and receive payments in a multitude of currencies – all... read more
/images/news/79194.jpg

Financial services take lessons from machine learning

25th November 2019

Company: bobsguide
Open Banking promises increased access to customer data, but with newfound transparency comes a greater need to understand how that data is utilised. Together with developments in machine learning (ML), markets are changing. So far, ML has been used in financial services to manage content and data, detect fraud and money laundering, facilitate... read more