Services Insights


Regulatory divergence and presence of fraud causing pain within payments

7th January 2019

Company: Trulioo
Multijurisdictional regulations and the increase in fraud within payments have created a difficult environment for payments providers, says Zac Cohen, general manager at global identity and business verification firm Trulioo. “The challenge for payments is twofold: how to eliminate fraud in the network, and how to satisfy the regulatory... read more

Loan management software solutions – the evolution from traditional to peer lending

20th December 2018

Company: bobsguide
Long feted as the bread and butter of banks, balance sheet lending is the cornerstone of banking activity. Understanding the mechanics and monitoring of loans is crucial to earning a return from borrowers. The lifecycle of lending is the foremost consideration when investing in loan management software and solutions. Taking stock of borrower... read more

Is SaaS the right solution for all financial institutions?

10th December 2018

If you manage a financial institution then you will know that your IT is the backbone of your business. Your clients come to you for your financial expertise but it is your IT systems that allow you to translate that expertise into practical solutions for your clients. For many firms managing those IT systems is a significant problem. Not many... read more

Contino’s Fregosi: No “winning solution” for cloud migration

7th December 2018

Company: bobsguide
Without a unique solution migrating old legacy code workflows to the cloud remains a challenge, according to Frederico Fregosi, principal technical consultant for Contino, and former lead site reliability engineer for development operations at Curve. “Most of the code is legacy code. Most of the code has already been written, this means... read more

“Omnishamble” banks fuelling digital challenger success

5th December 2018

Company: bobsguide
“The big banks lacked focus on getting a full and seamless customer experience right,” said Andrew Stevens, financial services specialist at Quadient, the customer experience platform on a panel at FinTech Connect. “The lack of focus on customer experience has enabled the rise of digital challenger banks,” said Stevens,... read more

Post-Brexit software support required for SMEs

23rd November 2018

Company: bobsguide
Small businesses are still struggling to figure out the implications of Brexit and will have a “desperate need for support”, says Pamela Novoa Ralli Sage’s vice president, product. “We fundamentally believe that Brexit will have an impact on our customers, probably much bigger than the impact something like GDPR had.... read more

Making private bankers more productive

20th November 2018

The transition to the use of digital tools in private banking is drawn by inefficiencies experienced by private bankers. If not dealt with, they will likely impact client satisfaction aside from making the private banker less productive. At the outset, qualified and experienced private bankers are very limited. And the problem is training private... read more

Google IPs redirected: Williams highlights risks of cloud for financial services

19th November 2018

Company: bobsguide
On November 12, a prefix leak resulted in Google’s IP addresses being redirected to ChinaTel, according to a bobsguide source. “While this is a redirection of IP addresses of Google’s data for search and cloud services, it would have been a different story if it had affected financial companies and particularly trades which are... read more

Feedzai’s Bizzaro: regulation a challenge for cybersecurity providers

19th November 2018

Company: bobsguide
The need to anonymize certain data because of regulations is providing an added challenge for cybersecurity providers, says Pedro Bizzaro, co-founder and chief science officer at Feedzai. “In some cases, when you have to anonymize let's say the name or the address of something, obviously if you are anonymising then there are some... read more

Data driven models are key to survival for financial services

30th October 2018

Company: Nuxeo
The problem is that the financial services industry is hobbled by behemoth legacy systems that make transformation difficult. Data is more often than not stored in silos — disparate, disjointed, and disorganised systems. If upgrading these legacy systems or migrating data was easy, digital transformation would have been a no-brainer for... read more