Insights

Increasingly sophisticated techniques adopted by participants to spoof deep, liquid markets are allowing perpetrators to escape notice, according to Damon Batten, managing consultant at Bovill.   “If we are taking about the likes of the London Stock Exchange (LSE), equity exchanges, exchanges where there are depths of volume,... read more

Funding for payments companies reached a high of $12bn in 2018, according to statistics from Accenture, while fintechs in the sector accounted for 24% of all venture capital funding in the US. From machine learning for fraud detection to credit card issuance and college tuition conversion, there are a wide range of companies to keep an eye on as we... read more

Over the past few decades, the way banks, financial institutions and corporates have approached risk management has changed seismically. While risk management departments have sprung up at larger organizations the risk function has embedded itself as a core function, shaping policies, corporate decision-making processes and the way each firm... read more

Three quarters of businesses are not ready for Europe’s second Payment Services Directive (PSD2), a bobsguide poll conducted during a webinar last week demonstrates. Respondents said they were either not ready (3.6%), getting ready (28.6%), or weren’t sure (42.9%).  During the webinar, Roger Lester, fraud market expert at... read more

Consumers are becoming much more discerning over mobile banking engagement, meaning incumbent and new market participants are battling over digital capabilities according to Mark O’Keefe, director at Optima Consulting. “The number of technical incidents that the traditional providers – two or three a quarter – are... read more

Marco Lessacher appointed CEO at Alphabet International Alphabet International has appointed Marco Lessacher as chief executive officer, effective July 1. Lessacher succeedsNobert van den Eijnden, who was at the helm since 2009. Previously, Lessacher held various roles at BMW Financial Services and Alphabet Germany. Prior to... read more

Regulation and a risk-averse culture is preventing banks and financial institutions from making progress on artificial intelligence (AI) and experiments with automation, according to a panel at the Advanced Analytics & Artificial Intelligence Forum in London this week. “Technical challenges are only half the battle. Sometimes it... read more

European banks are taking a relaxed approach to preparations for the Fundamental Review of the Trading Book (FRTB) thanks to the extension of the implementation deadline, according to a central bank and a market participant. “There is less rush with the FRTB implementation process as outlined by the revised Capital Reporting Requirements... read more

The Bank of England is experimenting with automation and machine learning to reduce the amount of human effort required in the interpretation, submission and analysis of governance data, according to Peter Thomas, senior manager of regulatory technology at the Bank of England. Speaking at the Advanced Analytics & Artificial Intelligence... read more

Accelerators A venture or scheme that promotes and aids the rapid growth of selected new small businesses. Acquirer A company that buys the rights to another company or business relationship. Acquirers are also financial institutions which buy rights to a merchant account which allows them to service and manage the merchant’s... read more