Treasury Management Systems Insights


SCA: Five months to go

27th April 2021

Company: Barclays
We’re five months away from the final regulatory deadline set by the Financial Conduct Authority for card issuers, payments firms and online retailers to implement Strong Customer Authentication (SCA). SCA is a regulatory requirement brought in to protect consumers and businesses from fraud, and to make online payments more secure. In... read more

Cloud key to minimising risk for hedge funds

27th April 2021

Moving to remote working has created new headaches for hedge funds through the risk of a “single point of failure” in a portfolio manager’s tech setup, according to Lance Smith CEO and co-founder of Imagine Software. Smith says that as traders moved away from the office, with its multitude of servers to keep staff online, and... read more

Banking tech market updates: Microsoft and Mastercard in new strategic partnerships

23rd April 2021

Company: bobsguide
On April 22, US Fintech Ally announced a partnership with Microsoft to advance quantum computing in the financial services industry. The strategic relationship will leverage the latest research on quantum-inspired algorithms to understand how it can be applied in a broader commercial use. On April 21, London-based financial services company... read more

A surge in payments trends: FIs forced to pivot quickly during pandemic

22nd April 2021

Company: bobsguide
The increased demand for contactless payments during the pandemic meant financial institutions had to pivot quickly to asses market structures and what features and products to prioritise, according to Sajni Shah, co-head of product at Starling Bank. The first quarter of 2020 saw a larger shift towards digital payments in 10 weeks than in the... read more

Paytech market updates: Paypal, Afterpay and Stripe lead innovations

20th April 2021

Company: bobsguide
On April 19, payments platform Stripe launched its Stripe Issuing service in 20 European countries allowing businesses to design, create and manage their own cards. The service is popular among US business customers and will give European business users more control in how and where their money is spent. On April 9, the Inter-American... read more

“Remittance market must adapt fast or risk declining economic growth”

19th April 2021

Company: QSystems ICS
With an ever-increasing burden of regulation and a significant amount of informal money transfers, the remittance market must adapt and change fast to reduce costs and boost competitiveness by implementing smart compliance solutions. With a sharp decline in global remittances caused by the pandemic, it is more than ever crucial to establish a... read more

Report: Hedge funds building tech stacks in-house as vendor bearings change course

1st April 2021

Company: bobsguide
Hedge funds are increasingly looking to high-tech, quantitative methods to beat the competition, which in turn is changing how tech vendors place themselves within the financial ecosystem according to market participants “Whilst we do use some vendor systems, a lot of what we do that give us a competitive advantage and differentiates us... read more

Cryptocurrencies and digital assets: the coming of age for treasury management systems

31st March 2021

In our whitepaper, What to look for when selecting a treasury management system, we included a section on ddigital currencies. The whitepaper referenced our blog from just over a year ago (An unanswered question from Davos) that posited the question of when we would activate our Crypto/Digital/CBDC functionality in our treasury, sales and trading... read more

Banks and brokers encourage second EU research unbundling

31st March 2021

Company: bobsguide
Despite asset managers looking to negotiate prices down for specific areas of research after the second Markets in financial infrastructure directive (Mifid II) was implemented, some providers have been prepared to work at a loss for the ability to grow relationships, according to Mike Carrodus, CEO of Substantive Research. “Mifid II... read more