Treasury Management Systems Insights


UK insurers must deal with “lack of trust”

5th December 2018

Company: bobsguide
The insurance market is “tough” and the product “isn’t loved in anyway shape or form”, according to Matt Poll, CEO of Neos. Speaking at Fintech Connect, Poll underlined the fact that customers do not traditionally trust insurance providers, thanks to low and negative engagement, dysfunctional pricing strategies, and... read more

5 ways disruptive technologies will transform AML compliance

3rd December 2018

Company: Fenergo
There is no doubt that the financial world is undergoing radical transformation, aided by the plethora of newer and more disruptive technologies. In fact, it’s safe to say that financial services will be virtually unrecognizable in the next 10 years. However, some things remain the same. Banks will always have client, regulatory, operational... read more

Will AI and robotics create the next industry revolution for the finance sector?

26th November 2018

Company: OnGuard
When thinking of robotics and artificial intelligence (AI), many of us will automatically conjure up images of futuristic robots and applications from sci-fi films. However, the reality is very different. In fact, Robotic Process Automation (RPA) and AI are integral to many businesses, allowing for simple and repetitive tasks to be carried out... read more

BIN sponsorship: how to get it right

22nd November 2018

Banking Identification Number (BIN) sponsorship is a quick shortcut for many companies looking to get their proposition to market both domestically and overseas. BIN sponsorship allows firms to process payments through an intermediary that is a direct scheme member. Why not go direct? Direct scheme membership is often costly, time consuming and... read more

Case study: TD Bank & Bottomline team up to tackle payments

21st November 2018

Company: bobsguide
Thorough checks are required when selecting a third party tech provider of any system – not least when a bank looks to incorporate a new payment infrastructure. The payments ecosystem in the US has become increasingly complex. Many business to business transactions are still made in cheques, while technological advances have led... read more

How to start using AI to combat money laundering

19th November 2018

According to a recent Europol report, combatting global money laundering continues to be a challenge. “The banks are spending $20bn a year to run the compliance regime … and we are seizing one percent of criminal assets every year in Europe”, Rob Wainwright, director of Europol told Politico recently. At an institutional... read more

The malevolent finale to Mifid II

14th November 2018

Cost disclosure may well yet prove to be the most pernicious element of the EU’s entire consumer protection strategy. Part of Mifid II, these changes apply to all wealth management transactions where there is a cost of investing money in the market. Some advisers refer to the aggregated information on costs and charges that they... read more

Why data scientists solve irrelevant problems

13th November 2018

Company: Provenir
In today’s challenging financial market businesses need to utilize every available resource and technology to reduce risk when processing payments and credit applications. One area in particular that is often talked about, but still either under or incorrectly utilized, is data science. While many financial institutions are working... read more

In an environment of rising rates: cash forecasting accuracy in focus

13th November 2018

Company: CashAnalytics
Last week in the US, the Federal Open Market Committee (FOMC) held its November meeting. That meeting didn’t really contain any surprises, and most market participants still expect the next interest rate hike in December. Earlier in the year, the FOMC signalled that four rate rises were likely in 2018. We have had three so far. In... read more