Data Solutions Insights


Challengers get competitive over zero fees

20th July 2018

Company: bobsguide
Competition has ramped up around ‘banking abroad’ with retail banks - challenger and legacy - vying for the shoparound holidaymaker, most open to trialling new and different financial services for their holidays if it saves them from those hidden fees. For years, the lack of collaborative infrastructure or competition in the area... read more

Report: Fintech startups need to up their game in increasingly turbulent funding rounds

19th July 2018

Company: bobsguide
A new report has found that only 1 in 10 fintech startups succeed, with seed/angel investment dropping by 57% between 2010 and 2017. In 2010 average seed funding was $6.84m, a figure that fell to just $3m despite total funding rising from $205.3m to $851m, reinforcing the growing competition in the fintech market. The report also... read more

Risk and reward: the ERM platform purchase process

19th July 2018

Company: bobsguide
Once an unsexy, compliance-driven, back-office function, enterprise risk management has risen to the halls of c-suite offices. ERM’s value proposition is not just in quantifying risk, but also in identifying potential opportunities and strategic thinking from the top down. When selecting an ERM system, technology and risk officers should look... read more

US, EU and UK losing innovation arms race

18th July 2018

Company: bobsguide
“The Innovation Arms Race analysis illustrates that the US, EU and UK need to be more focused and strategic in converting R&D dollars into impact and outcomes,” wrote Rosemarie Truman, CEO and founder of CAI, as the report was released. The report aims to provide clarity into the global innovation landscape, identifying how... read more

Client service: where the rubber meets the road

18th July 2018

Company: FundCount
Client service is so integral to the DNA of some companies that they are renowned and revered for their service excellence. Online retailer Zappos, Nordstrom department store and sports outfitter REI come to mind, as does Rackspace, which has gone so far as to brand its “results-obsessed customer service” as Fanatical Support. Yet,... read more

Mifid II compliance: firms have “taken their eye off the ball”

17th July 2018

Company: bobsguide
The second markets in financial instruments directive (Mifid II), which came into force on January 3, continues to put pressure on market participants. Clause 16.7 of the directive, which requires firms to record communications linked to a trade to be recorded and made accessible to regulators should they require it, has been particularly onus: a... read more

Digital payments revolution creates buyer's market

17th July 2018

Company: bobsguide
The EU Payment Services Directive II (PSD2) took effect in January, starting a trend towards increased competition by opening up the payments market to a new wave of payment service providers (PSPs) and fintechs. To help navigate this evolving landscape bobsguide has compiled a list of the best mobile payment apps and digital payment services... read more

Case study: SmartShoot’s financial transformation

16th July 2018

When organizations think of financial transformation, it often involves adding some automation tools or hiring staff. Very rarely does it involve completely reforming the company while also reshaping the economics of an entire industry. Yet this is the story of SmartShoot, a fast growing marketplace with a simple premise: enable the on-demand... read more

The fintech budget 2018 | infographic

13th July 2018

Company: bobsguide
What is the tech budget for the world's fintech industry? Ever since finance and technology shook hands, entrepreneurs and innovators have spent the last two decades rapidly expanding the role of technology within finance and banking.  In recent years, that role has expanded no end, with collaboration between financial institutions and... read more

AI has arrived - don’t leave data strategy behind

13th July 2018

Company: Finastra
Over the last century computers have sped up exponentially, according to Moore’s law, whilst their production costs have halved every 18 months. That pace is increasing even more with quantum computers that are already running at 50 qubits. By comparison, a 100 qubit computer could theoretically be more powerful than all the supercomputers in... read more