How AI could shape the future of investment banking

26th June 2019

Company: bobsguide
Artificial intelligence (AI)'s potential is difficult to pin down. In a competitive market like investment banking every advantage is needed to come out on top in terms of profitability, lead generation and customer experience. Yet according to a June 2018 survey from Greenwich Associates, just 17% of investment professionals are... read more

EBA relief on SCA deadline shows rule’s “complexity and ambiguity”

25th June 2019

Company: bobsguide
The introduction of discretionary extensions to the September 14 deadline for strong customer authentication (SCA) by the European Banking Authority (EBA) is an indication of the complexity and ambiguity of the requirements themselves, and not an unpreparedness in the industry, according to payments market participants. “The new SCA... read more

From business principals to business principles

25th June 2019

Company: NorthRow
If you are a payments firm, you are no doubt very conscious that onboarding checks for merchants need to be undertaken painstakingly to meet current regulatory and legal requirements, covering both the business ’KYB’ and individual ‘KYC’ checks. At the same time, however, there are requirements for rapidity and cost control... read more

bobsguide Awards 2019: Winners announced

25th June 2019

Company: bobsguide
It's with great pleasure that we announce the 2019 bobsguide awards - a collection of the very best in the fintech market this year. The bobsguide awards have been assessed based on the strength of tech updates and their impact on the client experience, and how the systems stand out in the marketplace. Several rounds of assessment... read more

Q&A: Alistair Rennie, IBM Watson Financial Services

25th June 2019

Company: bobsguide
Alistair Rennie joined IBM in 2007 in the firm’s Toronto Software Laboratory and has held a number of senior and executive roles. Previously general manager for IBM’s Industry Analytics Unit, he is responsible for leading the creation and delivery of cognitive solutions for the financial services industry. Bobsguide caught up with... read more

For issuers and acquirers, PSD2's impact will be felt differently

25th June 2019

Company: Featurespace
The exponential increase in non-cash transaction volumes and the ever-rising valuation and buyouts of payments groups reflect the incredible growth in cross-border and cross-channel commerce. Instant connectivity is redefining marketplace dynamics and its effect on the relationship between banks and merchants is undeniable. In this evolution,... read more

Tackling fast, hyper-connected data head on

25th June 2019

As the speed, volume and complexity of data and regulation increases, how can financial service firms effectively keep up pace and remain competitive – all whilst mitigating rising costs across both people and technology? Today, businesses using hyper-connected data are facing unprecedented digital disruption and regulatory pressures.... read more

Facebook-backed Libra cryptocurrency facing regulatory battle

21st June 2019

Company: bobsguide
Facebook-supported virtual currency Libra has faced regulatory scrutiny following its unveiling earlier this week, driven by what blockchain and cryptocurrency market participants believe is a fear over the social media firm’s technological power and potential ability to affect fiat markets. “The regulatory reaction has been fierce... read more

Bipartisan AML bill takes aim at US federal governance

20th June 2019

Company: bobsguide
Draft legislation aimed at improving the US’s federal anti-money laundering (AML) and counter terrorism financing (CFT) supervision would be a step towards solving issues around anonymity and transparency, according to Livia Benisty, head of financial crime at ComplyAdvantage, especially after a spate of scandals in 2018. “Requiring... read more

Q&A: OakNorth CEO on hiring, growth, and preparing for a downturn

18th June 2019

Company: bobsguide
OakNorth CEO and co-founder Rishi Khosla speaks to bobsguide.  What drove you to create OakNorth? Joel and I started our first business in our 20s in 2002 – it was called Copal and did financial research outsourcing for investment banks, asset managers, PE firms, etc. About four years into that business, we were looking for... read more