Temenos surprised by emerging market banks’ focus on DevOps
Bank priorities in increasingly disrupted emerging markets are surprising, according to Laurent Bramy, who leads banking software vendor Temenos in developed and ... read more
View ArticleBank tech roll-outs shouldn’t just cater for “pioneers”
Banks and financial services providers need to cater to the digital capabilities of all of their customers, rather than force innovation on ... read more
View ArticleBanks continue to feel PSD2 and Open Banking discomfort
Banks need to overcome trepidation toward Open Banking and the EU’s second payments directive (PSD2), say fintechs, while the UK’s implementation entity ... read more
View ArticleJPMorgan’s Finn venture shows banks are probing capabilities
JPMorgan Chase announced plans to sunset its year-old digital banking subsidiary Finn last week, in a decision which Sam Maule, North America ... read more
View ArticleFor issuers and acquirers, PSD2’s impact will be felt differently
By Roger Lester, fraud market expert, Featurespace
View ArticleFinancial services “marooned” from tech advances
Banks and financial services firms are still being plagued by legacy IT decisions, according to Paul Taylor, CEO of banking software firm ... read more
View ArticleFed aiming to launch real-time payment and settlement service
In a speech at the Federal Reserve Bank of Kansas City on August 5, Federal Reserve Governor Lael Brainard outlined plans to ... read more
View Article10 cases of insider bank attacks
By Tal Eliyahu, Principal Cyber Security Consultant at SentinelOne At least 60 percent of cyber-attacks in financial institutions are attributed to privileged ... read more
View ArticleBank of America hones in on FX risk
While new payments tools tackling a host of new problems come on board seemingly everyday, Bank of America Merrill Lynch has launched ... read more
View ArticleBanks being hit by wider network of cyber attacks
Financial institutions are now being hit by a wider range of cyber criminals with banks in particular being considered vulnerable targets, according ... read more
View ArticleIntegration issues causing banks to build tech internally
Integration hurdles is forcing banks to build their infrastructure in-house, according to Justin Arbuckle, senior vice president for the platform organisation (Plato) ... read more
View ArticleRisky fintech lenders eating into Indian personal loan market
Fintech lenders are making significant strides in India’s personal loan market, but are taking on greater volumes of risk than other types ... read more
View ArticleData sharing mechanisms and standards crucial to open banking
The market’s ability to utilise APIs to allow data to flow systematically will be crucial to the success of global open banking ... read more
View ArticleEuropean fintechs need regulatory harmonisation
European fintechs are being hindered by diversity of regulation, according to Benoît Legrand, chief innovation officer at ING Bank and chief executive ... read more
View ArticlePeople moves: OakNorth, Bank of Ireland, TransUnion and more
OakNorth appoints Google executive, Sunil Chandra as its CEO London-based credit platform OakNorth announced on October 7 the appointment of Sunil Chandra ... read more
View ArticleOpen Banking raises fraud liability concerns
Banks and third-party providers may suffer from ambiguity in fraud accountability, according to members of the Open Banking scheme. Rachel Gentry, information ... read more
View ArticleECB suggests digital currency developments
Benoît Coeuré, member of the executive board of the European Central Bank (ECB), has suggested that the central bank is considering launching ... read more
View ArticleMEP Ferber: ECB digital currency should not lead to cashless future
Digital currency taking over cash’s place “is a very dangerous notion and should be abandoned,” according to European Parliament member Markus Ferber. ... read more
View ArticleIllegal data usage going undetected in financial services
Detecting illegal data usage is a serious concern for financial services, according to a panel of market participants at FinTech Connect in ... read more
View ArticleBanks urge collaboration, not competition
Over-competition is likely to inhibit customer experience according to a number of incumbent banks. “I think sometimes when there are inefficiencies in ... read more
View Article
