Services Insights

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Are cross-border payment services fit for purpose?

1st November 2011

Company: Earthport plc
By Neil Burton, director of Product Service Strategy, Earthport plcCross-border payments has become a hot topic - albeit gradually, so few people have noticed. While the press spotlight tends to focus on credit and debt, the banking industry simply would not function without its ‘underground pipework’. Transaction banking success, as with... read more
Social media: The mobile money ecosystem

Social media: The mobile money ecosystem

26th October 2011

Company: Sybase
Haridas Nair, vice president, mCommerce Solutions and Services at Sybase 365I recently learned about a sweet little mobile banking application called WishList. You download it to your phone, and type in all the stuff you’d like to buy: furniture, vacations, a house, new car, etc. As you save toward those things, you can allot amounts of money to... read more
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Cloud computing is key to compliance with FSA mobile regulations, says IT vendor

25th October 2011

Company: bobsguide
Cloud computing is an important innovation which can help financial firms comply with new regulations surrounding the storage of mobile conversations, an IT vendor has said. New regulations from the Financial Services Authority (FSA) mean organisations working in the financial services sector will need to retain more data surrounding trader... read more
Mobile banking technology enables consumers to be self-sufficient

Mobile banking technology enables consumers to be self-sufficient

20th October 2011

Company: bobsguide
Consumers who want to become more self-sufficient will be at the forefront of adopting mobile banking m-banking technology, Carsten Kress, senior director of sales at Sybase 365, said at the firm’s Financial Services Executive Summit in London. He argued that mobile is a self-service banking channel for consumers and the role of market... read more
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Eradicating counterfeit fraud: the challenges that remain

12th October 2011

Guy Weber, risk manager, SIX Card SolutionsThe latest set of statistics issued by Financial Fraud Action UK(1) show that fraud losses on UK cards decreased in the first half of 2011 compared with the same period last year. Total fraud losses on UK cards fell to £169.8 million between January and June 2011. This represents a nine per cent reduction... read more
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5 tips for banks to set wheels in motion for ICB compliance (and lobbying)

10th October 2011

In response to the Independent Commission on Banking’s (ICB) ring-fencing recommendations, Leon Orr, specialist in IT change management at Rule Financial, provides five tips for banks to ease the operational challenges of compliance. Sir John Vickers’ report was published almost three weeks ago and received a surprise welcome from Bob Diamond,... read more
TradeTech Architecture - ‘Everyone needs to reach the finishing line at the same time’

TradeTech Architecture - ‘Everyone needs to reach the finishing line at the same time’

10th October 2011

Company: bobsguide
Landmines and automated mice are not necessarily the first things to spring to mind when contemplating the landscape of global trading - but they were part of the picture painted during the opening address at the TradeTech Architecture event held on 5 and 6 October in London. Chris Skinner, chairman of the Financial Services Club (FSC) and chair of... read more
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Facing the challenges: How regulation and technology are shaping the future of banking services

7th October 2011

Company: Pegasystems
By Reetu Khosla, global director, Financial Crime, Risk and Compliance Solutions, Pegasystems Sibos 2011 offered an insight into the biggest challenges facing financial services providers. Regulation, mitigating risk and economic uncertainty were among the main themes of discussion at the conference. Indeed, at a time when banks are struggling to... read more
Sibos 2011 - And mobile marches on...

Sibos 2011 - And mobile marches on...

22nd September 2011

Company: bobsguide
After four days of intense “critical dialogue” both in the sessions and on the conference floor, the final curtain has almost come down over Sibos. And, as expected, the event’s debate has ducked and dived in and around the key agenda topics. Regulation re-visited, technology, global and local perspectives and changing landscape - new... read more
Improving business continuity for global financial stability

Improving business continuity for global financial stability

22nd September 2011

By Koji Nose, senior consultant, financial technology solution division, ERM project department, Nomura Research Institute (NRI). A sudden natural disaster or an unpredicted geopolitical event has come close to disrupting the way the global financial markets operate too many times. Whether it is an earthquake and tsunami, such as Japan experienced... read more