Wholesale / Commercial Banking Systems Insights
8th January 2019
The global payments landscape is changing.
Digital transformation, new collaborative approaches between banks, fintechs and payments providers, and a changing regulatory environment are just some of the overarching themes impacting the sector.
In association with Western Union Business Solutions, bobsguide is researching and producing the... read more
21st December 2018
In December, an entire track at Fintech Connect in London was dedicated to the idea of a cashless society. In it, Paul Rodgers, chairman at Vendorcom, said the market needs to be “really careful” when looking at countries like Sweden as exemplars of cashless societies. The cash debate, he added, has become something of a Punch and Judy... read more
17th December 2018
Since the General Data Protection Regulations (GDPR)’s enactment across the European Union in May, businesses worldwide have had to re-examine their levels of data security.
Have they done enough to prevent breaches? Can they stop their data being compromised? Do the new regulations place them at greater risk? What will happen next?
... read more
13th December 2018
The UK’s Open Banking regulators have failed to hold banks accountable to the Open Banking initiative, says Shefali Roy, chief compliance officer of TrueLayer and former CCO at Stripe.
"Like human beings, when you are forced to do something, you really don't want to do it. They [the banks] have now come to the party in the sense... read more
5th December 2018
This past year has been a variety of regulations mean banks, traders, brokers, big insurers, asset managers and other market participants restructure their data management systems and completely reassess internal resources.
From the second Markets in Financial Instruments Directive (Mifid II) to the second payments directive and of course... read more
4th December 2018
“If you visited the headquarters of an Alibaba or Huawei you wouldn’t know if you were visiting a Chinese, American or European company. But if you go into the headquarters of a bank, you feel like you’re in old-school communism.” says Stanley Chao, VP of All In Consulting and author of Selling to China.
“It’s... read more
3rd December 2018
“NatWest and RBS have been shrinking,” said Adrian Smyth, head of payment innovation RBS, at an industry event in London last week.
“As a bank we have historically, to be completely fair to us, seen people focus on getting the mandatory compliance aspect through, that’s not lead to a lot for the differentiation,... read more
28th November 2018
Banks must find their niche and “bloody well deliver” or face losing customers to challengers. according to Alison Jaap, head of change at First Direct. Speaking at an event in London this week, Jaap argued that incumbents need to take more commercial risks as innovative products flood the market.
Banks simply can’t afford to... read more
28th November 2018
Challenger bank account holders are looking elsewhere for budgeting assistance according to Steve Tigar, CEO of the free online budgeting app, Money Dashboard.
Speaking at a conference this week in central London, Tigar said Money Dashboards most engaged users of the budgeting service are Starling and Monzo account holders.
“If... read more
28th November 2018
Efficient order management is critical to the success of any organisation. Yet achieving flawless orders on an ongoing basis can be challenging for organisations of all shapes and sizes.
There are dozens of hurdles to overcome along the often tumultuous road to order fulfilment – from opening orders, keeping track of available inventory,... read more