Data Solutions Insights


Case study: Nasdaq's troubleshooting to transformation

30th August 2018

Imagine taking a broker from 1869, stuffing them into a time machine and winding the clock forward by 100 years. Stepping out onto the exchange, they would be looking out on a familiar sight. The method for taking buy and sell orders and physically trading stock would be pretty much the same. Move forward a couple more years to 1971 however and... read more

"Gross negligence" accusations rife in bank transfers

29th August 2018

Company: bobsguide
The UK's Financial Ombudsman Service (FOS) has released a statement addressing fairness in scam complaints made against banks. Caroline Wayman, Chief Ombudsman wrote that banks often blame their customers of "gross negligence" despite "gross negligence" being more than just customer carelessness and incorrect account... read more

PayU's CCO on Ripple and the tech giants | Fintalk Podcast

28th August 2018

Company: bobsguide
In this episode of the Fintalk podcast, PaymentEye and bobsguide reporter Dave Beach sits down with Matthias Setzer, CCO of cross-border paytech, PayU. "I'm surprised to see the level of sophistication in some emerging markets today," says Setzer, before embarking on a journey around the world's emerging payments markets,... read more

Big banks at increasing risk of automated attacks

24th August 2018

The Bank of England Systemic Risk Survey for H1 2018 found that 62% of industry respondents cited cyberattacks as the greatest risk posed to the UK’s financial stability. Political risk (91%) and specifically Brexit (80%) came out on top. But while cyberattacks are firmly embedded in the hearts and minds of CIOs and CISOs, IT departments... read more

Ahead of the curve: fintech vendors embracing AI

24th August 2018

Company: bobsguide
Queueco With the help of AI-based algorithms, Queueco, a cryptocurrency exchange platform, supports online trading. Artificial intelligence produces trading recommendations and decision through the analysis of current trends, statistics and forecasts. The use of AI will provide a solution for those who wish to trade, but do not have enough... read more

Trax and Thomson Reuters team up to tackle systematic internalisers

23rd August 2018

Company: bobsguide
Thomson Reuters announced a partnered with Trax on August 22 to enable systematic internalisers (SIs) to more easily meet their Mifid II reporting and compliance requirements. As part of the agreement, Thomson Reuters will provide Trax with its reference and market data to support Trax’s Mifid II regulatory reporting and SI determination... read more

Impending trade war to slow down flourishing Chinese fintech?

22nd August 2018

Company: bobsguide
China's fintech and financial industries are booming thanks to shrewd economic planning since 2011, but with plans to internationalize the country's markets and a full blown trade war threatening each time US President Donald Trump takes to Twitter, it begs to wonder how the industry can continue to thrive in a domestic and global... read more

Open Banking driven forward by data-sharing millennials

21st August 2018

Company: bobsguide
“Fintech companies are on a mission to make financial services and products accessible to everybody,” according to Michelle Pearce, CIO and co-founder of Wealthify, the online investment service. Firms such as Wealthify can embrace Open Banking, and give everyone “the chance to have an investment portfolio built and managed by... read more

Challenger CEO reacts to CMA’s bank rankings

20th August 2018

Company: bobsguide
On the 15th of August, the UK's Financial Conduct Authority (FCA) and Competition & Markets Authority (CMA) released data on quality of service for the first time, marking a historic step for Open Banking and putting a mass of customer data in the hands of fintechs and comparison websites. Of particular interest was the omission of a... read more

Should payments businesses become consumer brands?

17th August 2018

Company: bobsguide
A recent Intrapay study into consumers’ ecommerce experiences revealed the key conundrum facing payment processors; the challenge of providing simpler payments while offering optimum security. Some 90% of the 650 respondents to the study reported that security is the most important aspect of their online payment experience. Yet four in... read more