Retail Banking Systems Insights

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Looking ahead: Consumer and bank evolution by 2025

29th October 2018

Company: Feedzai
Bank leaders know that banking next year will look different than banking today. But banking seven years in the future is a downright alarming thought. Still, while it’s tough to maintain a strategic outlook when rapid changes are happening right now, it’s important to remain forward looking. With that in mind, let’s explore a... read more
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Ignore the Nasdaq: confidence high in fintech

29th October 2018

Company: bobsguide
“I’m not worried about the recent blips,” said an investment banker who asked not to be named, on the sidelines of last week’s Money20/20, in Las Vegas, when asked about the recent market tremors that have hit some of the larger US tech firms. “I ignore these stutters in the market unless I can find a single,... read more
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Cash forecasting challenges: increasing accounts receivable forecasting accuracy

26th October 2018

Company: CashAnalytics
Following on from our recent article on overcoming cash forecasting challenges, this piece focuses on the area that is often the most challenging, accounts receivable forecasting. For large corporates, forecasting accounts receivables is particularly challenging as the forecast figure is consolidated from a wide variety of inputs. In... read more
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Ripple chairman: Washington lobbying has led to poor crypto judgements

24th October 2018

Company: bobsguide
Chris Larson, executive chairman and co-founder of Ripple, said mistakes have been made in the ways in which regulators have dealt with cryptocurrencies. “Washington is in a learning phase,” he told an audience at Money20/20. “I have to say there was a debacle with the industry lobbying over the last year or so specifically... read more
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Crisis impact lingers in banks' payment considerations

24th October 2018

Company: bobsguide
The credit crisis that tore apart the banking sector has had a lasting impact on the way the industry works with third parties, particularly within the payments space. That’s according to Jeff Parker, managing director for APAC, WorldFirst, the international payments provider. “2007 and 2008 you saw a lot of banks retreating back... read more
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Marcus Treacher: Ripple open to collaboration with big fintechs

23rd October 2018

Company: bobsguide
Nearly a year has passed since Ripple spoke to bobsguide in late 2017, and 2018 has proven to be a big year for the blockchain cross-border payments startup.  At Swift's flagship Sibos conference in Sydney, Australia, Ripple's head of strategic accounts, Marcus Treacher, discussed the firm's strategy going forward into... read more
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Insurance incumbents going through “Janus moment” despite rigid structures

22nd October 2018

Company: bobsguide
The real-time underwriting space provides a great opportunity for insurance market participants, an audience at this year’s Money2020 conference heard. But while current “rigid” corporate structures among incumbents are holding those players back, the industry is facing a pivotal moment in embracing new technologies. Scott... read more
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AI to reshape rather than replace finance workforce

21st October 2018

Company: bobsguide
The job market within the financial service sector is set for a significant shift as the revolution in artificial intelligence (AI) reshapes processes and roles, a panel told its audience at this year’s Money20/20. For Gregory Simpson, senior vice president and chief technology officer at Synchrony, while the workforce will change there... read more
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The loyalty penalty – will it prove an expensive own goal for banks?

21st October 2018

The news that the UK's Citizens Advice Bureau (CAB) has filed a super-complaint with the Competition and Markets Authority (CMA) over what it describes as a £4bn ‘loyalty penalty’ will have sent shockwaves across impacted markets. The CAB calculates that the loyalty penalty across mortgages, savings, home insurance, mobile and... read more
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US states to proactively regulate fintech market

21st October 2018

Company: bobsguide
State regulators are to take a more hands-on approach to regulating and engaging with financial technology developments, according to Chris Camacho, president and CEO of the Greater Phoenix Economic Council, who was speaking as part of a panel at this year’s Money20/20. “I can’t reinforce this enough: I believe you’re... read more