Retail Banking Systems Insights


UK banking payments report: The race to become Open Banking ecosystem orchestrator

5th November 2018

Company: bobsguide
“Payments is now a new battleground,” says John Hutton, director of payments at Nationwide, “particularly with Open Banking and the adoption of Third Party Providers (TPPs) and Payment Initiation Service Providers (PISPs). Through that ecosystem a TPP can start to manage on behalf of a customer.”   If the convergence... read more

Payments outages suggest retail value chain must be reassessed

1st November 2018

Company: bobsguide
Thousands of UK businesses were unable to process payments because of a network outage at the beginning of the week, with reports suggesting Worldpay encountered a temporary fault.   Such an incident illustrates how vendors and their partners must continually assess their infrastructure, says Dr Yannis Larios, Business Development Director... read more

Seizing the Apac corporate banking opportunity

31st October 2018

Company: Finastra
There is no doubt that the Asia Pacific (Apac) region now dominates the global banking landscape, with 43% of total global bank profits generated in the geography. It’s also a highly competitive segment of the corporate banking sector, with the largest corporate clients in APAC often working with 20 or more banks. For banks able to deliver... read more

Marketing savvy digital challengers segment banking

30th October 2018

Company: bobsguide
There is satisfaction in swiping a flashy, eye-catching credit card to purchase goods. One of the first to break into mainstream usage, digital challenger banks have followed Monzo’s neon-coloured cards. The distinctive cards have come to symbolise those who are ‘in-the-know’ within social networks, privileged access, and low... read more

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

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

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

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

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

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