Sparing the axe
Mar18

Sparing the axe

Danske Bank believes maintaining a branch network of 225 across 13 countries gives it a valuable way to connect with customers – just not in the way it used to, says First Vice President Line Munkholm Haukrogh The oldest form of retail banking is under unprecedented pressure in an increasingly digital age when customers want to carry out their everyday financial transactions at the touch of a button. Added to the mix is the intense...

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Changing fortunes
Mar18

Changing fortunes

  Sanjiv Sawhney, Head of Global Custody and Fund Services at Citi, on the pressures facing the investment industry – and how it’s helping clients respond The investment industry has undergone intense change over the last two years, with many businesses and individuals working in the sector searching for growth in an age of significant disruption. New fintechs and challenger banks offering an alternative to traditional wealth...

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Going global by staying local
Mar17

Going global by staying local

With a wealth of payment methods now available, the big challenge for ambitious merchants is efficiently integrating them all. Here, Matthieu Barral, SVP of Sales in the UK for Checkout.com discusses his company’s proprietary platform, growing KYC demands and the future of a fragmented payments industry There are now nearly as many different types of payment method and technology as there are types of merchant. Whether it’s Visa,...

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Bringing data into custody
Mar17

Bringing data into custody

Saket Sharma, Chief Information Officer of Treasury Services Technology at BNY Mellon, explains why capturing and controlling ever larger volumes of data is crucial for customer protection and business efficiency Custodian banks have a special duty to protect the financial assets of their customers – and none more so than BNY Mellon. As the world’s largest custodian, it administers $35.8trillion of assets (as of Q3/19) on behalf of...

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A new trade order?
Mar17

A new trade order?

Barclays is using new technology to help steer through unpredictable economic seas. We explore how it’s applying blockchain, AI and the Cloud to give clients safer passage Global trade is slowing and, some say, could be on the point of stagnating, not least as a result of markets struggling to come to terms with shocks such as the Brexit vote (which wiped $2trillion off the markets in 2016) and the US/China trade standoff that rumbled...

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Bricks & Clicks
Mar16

Bricks & Clicks

Specialist lender to the property market, Hampshire Trust Bank, is building a unique proposition based on best-in-breed technology, open banking and human experience. Charles McDowell and Russ Fitzgerald explain how it’s knocking on the future’s door Decade retrospectives are usually playful affairs, hopping energetically across the biggest stories of the previous 10 years: royal weddings, sporting upsets, Kardashian bottoms, that...

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A comfortable compromise
Mar16

A comfortable compromise

If endless headlines are to be believed, the rise of the digital-first generation and ubiquity of mobile phones, mean the days of branch banking are numbered. But are they? Ben Thorpe of cash technology innovator Glory thinks not. Why? Mainly because a deeper look into the numbers reveals that even tech-savvy millennials want the comfort of being able to talk to human beings, face to face, when it comes to making some of the biggest...

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Lodes of good?
Mar16

Lodes of good?

There are plenty of ideas for tech-for-good. But finding funding for something that builds social rather than financial capital is desperately hard. David Hoghton-Carter challenges fintech to put its thinking cap on I’m wearing a few different hats at the moment – fintech founder, consultant, non-exec, occasional writer and advocate – and there’s an elephant in the room that I keep noticing across my different roles. There’s a big gap...

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Why insurers should stop fearing technology
Mar16

Why insurers should stop fearing technology

Insurtech has the potential to offer new revenue streams and to even help restore the public perception of the insurance industry, as Stephanie Smith, Chief Operating Officer at Allianz, explains to financial data experts FinTech Global The insurance industry is no stranger to using the latest technologies, giving rise to an entire new sector dubbed insurtech. The innovators in this industry are utilising blockchain, artificial...

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Branching Out
Mar16

Branching Out

Following the revelation that digital natives do actually enter banks, Áine McCleary, Director of Distribution Channels for Bank of Ireland, outlines its vision for a future-facing physical presence with branches to suit everyone Digital natives, we’re told, are so immersed in digital technology – so comfortable in the binary landscape that links their phones to their friends and their finances – that physical, real-life experiences...

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Fast, smart, secure…
Mar16

Fast, smart, secure…

… are the ambitions driving Bank of America’s investment in digital infrastructure to facilitate transactions in the supply chain. Julie Harris, Head of Global Banking Digital Strategy, and Geoff Brady, Head of Global Trade & Supply Chain Finance for GTS, discuss the impact From bringing together global female leaders of economic growth and mentoring them at the Global Ambassadors Program in November, to being recognised for...

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Cash in the community
Mar16

Cash in the community

Ron Delnevo, Chairman of Cash and Card World, argues that hard currency qualifies as a public utility, so important is it to everyday life. I have been making the case for a number of years that having only one access point for cash in any community is not an adequate provision. I reiterated this point at a round table event, sponsored by the UK Payment Systems Regulator In October 2019, only to have someone jump up to claim that...

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Codes of Conduct
Mar10

Codes of Conduct

We’re all familiar with IBAN and BIC numbers, but would you know what a payments purpose code is – or who uses it? Payments validation software company Apply Financial has made it its business to find out, so clients don’t have to, using RESTful APIs to detect what’s needed to ensure straight-through, crossborder processing using its Validate tool. As bank-to-bank payments look set to emerge as the go-to transaction method, MD Mark...

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Cloud Cover
Mar10

Cloud Cover

Ciaran Chu, Head of Public Cloud for ACI Worldwide, explains what Microsoft Azure means for ACI and its customers As a global provider of real-time payment and banking solutions, ACI Worldwide fully appreciates how the Cloud can grow its business and help banks and other organisations become more agile and enhance their products and services. It’s why ACI is looking to the digital skies as part of a major overhaul of its core...

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Don’t Mention the ‘P’ word!
Mar10

Don’t Mention the ‘P’ word!

Aegon’s Head of Customer and Workplace Propositions, Alasdair Rhind, explains how its digital approach to ‘wage after work’ is changing attitudes to financial planning The fintech revolution has seen many financial services furnished with flashy new paintjobs and impressive under-the-hood innovations. But what’s that hidden behind the Bank Bugattis and Paytech Porches at the very back of the showroom? Pensions could be the Ferrari of...

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ACI Worldwide’s Craig Ramsey explains how it’s looking east to develop a new wave of ‘overlay services’ – the secret ingredients that make alternative payment rails irresistible
Mar06

ACI Worldwide’s Craig Ramsey explains how it’s looking east to develop a new wave of ‘overlay services’ – the secret ingredients that make alternative payment rails irresistible

The urgent need for universal, realtime global payments has been recognised across the financial services industry and beyond for some time. And universal payments facilitator ACI Worldwide (ACI) has been helping to make them happen for some time. Now, it is looking east, to India, for inspiration in delivering not just speed, but added value to those crossborder transactions, in order to promote wider adoption among banks. Last June,...

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Bucking the Trend

Ohio is one of the best-connected places for success-hungry fintechs to set up home, says Terry Gore, Director of Financial Services and Fintech at JobsOhio Perched on the eastern edge of the US Midwest, the state of Ohio is perfectly placed for fintechs to succeed. With easy access to some of the world’s greatest financial services markets and offering a pool of talent, the ‘Buckeye State’ – so-named after one of its indigenous trees...

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Showing the love for SMEs
Mar04

Showing the love for SMEs

Access to finance has undoubtedly improved in recent years, but for SMEs (small and medium-sized enterprises), this improvement is not enough Anders la Cour, Co-founder and CEO of Banking Circle, looks at the challenges and opportunities ahead for SME payment providers, and their vital role in financial inclusion. Almost all of them need finance in their first few years, but while loans are an essential lifeline to many, they alone...

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Virginterritory – Paul Titterton, Virgin Money

If anyone knows anything about building a successful brand, it’s Sir Richard Branson. Who remembers now that the trademark, pillar box red Virgin Money logos covered up the former Northern Rock fascias after the company bought the North East bank eight years ago, so forceful is its presence. Now, the ultimate challenger brand, which itself was bought in 2018 by Clydesdale and Yorkshire Bank’s owners in a £1.7billion deal that leaves...

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The Fintech Magazine Issue 15
Jan23

The Fintech Magazine Issue 15

Paris FinTech Forum is upon us – and what better way to kick off the new fintech decade!  In this of The Fintech Magazine, the Forum’s ever-energetic Founder Laurent Nizri takes stock of the five years since it launched and offers some 20/20 vision on the shape of financial technology to come. While the world heads to Paris, for this issue of The Fintech Magazine, we sent our intrepid digital explorers to the far side of the earth to...

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The Fintech Magazine Issue 14
Nov18

The Fintech Magazine Issue 14

In our latest edition of The Fintech Magazine we’ve got the best features in the industry. Not only does it look like the best magazine around but it’s the most exciting too. We get incredible articles from RBC, JPMorgan Chase and even the EBA! Not only that but to kick it off we find out: Why you should Go (Mid) West. Find out why Ohio is leading the way for fintech with Terry Gore at JobsOhio. Rebel with a cause! Ambreen...

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The Fintech Magazine Issue 13
Sep20

The Fintech Magazine Issue 13

Our latest edition of the Fintech Magazine is now live! Make sure you pick up a copy at Sibos in London next week! In this pre-Sibos edition of the Magazine, we cover everything Sibos… Innotribe AND the Discover zone. It is set to be an Epic week! We’ve got incredible features from the biggest speakers in Fintech: The biggest names in the Discover Zone talk to us about The Future of Money Gareth Evans from BAE Systems talk...

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The Fintech Magazine Issue 12
Jun10

The Fintech Magazine Issue 12

The latest edition of “The Fintech Magazine” is now live! In this post Money20/20 edition of the Magazine, we had incredible features from the one and only 11:FS crew, who assembled to lead our front page. Also inside you can find: A massive Nationwide series, from innovation, open banking to liberating banking! Milind Sanghavi from OCBC bank in Singapore, details how they have seen QR code transactions increase by 450%...

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The Fintech Magazine Issue 11
Feb01

The Fintech Magazine Issue 11

The latest Edition of the fintech magazine is now live! We’ve got features from: Jim Marous, our guest editor, talks risk on his Euro-American Tour ‘Disrupt Yourself’ How do you go from being risk-averse to ‘jumping in with both feet’? Gonzalo Rodriguez, Head of Retail Customer Solutions, gives us an incredible look at the future… or is it actually the present? Find out in his feature on pg 16. Daan...

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