The Cloud-native journey – Why Hybrid Cloud and Open Source go hand-in The financial services industry has been turning to cloud services and technology in droves to accommodate the pressures, security demands and cost savings of digital transformation projects, as well as regulatory compliance priorities.
To become and remain agile, financial organisations must move beyond…
Factoring of the Future – Why Factors need to look to the Cloud The concept of factoring has its roots in financial transactions stretching right back to Roman times, but the COVID-19 pandemic has accelerated the adoption of processes powered by the most modern of cloud-based technologies. Scalability in terms of both performance and business…
Riksbank extends e-krona testing Sweden's central bank has extended its e-krona pilot project by another year but says it has still not decided whether it will eventually issue the digital currency. Should central banks issue digital currency? Though central banks do not seem concerned about being driven obsolete by cryptocurrencies, some are considering issuing digital…
Corporate Onboarding: Will it become a competitive differentiator for The way in which banks onboard corporate clients can impact many aspects of their business, from reducing time to revenue, to improving customer experience and loyalty, and to compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. The accuracy of data used for onboarding…
Stemming the tide of Social Engineering Scams with Behavioural Insight Fraud and cybercrime are always on the increase, evading the latest security conventions and morphing into a different approach, following the money. In the same way, banks and financial organisations worldwide need to continuously respond and adapt. Global events create new trends and directions for…
Bank of Canada won't issue digital currency – yet The Bank of Canada has no plans to issue its own digital currency, but says this could change if cash usage drops off significantly or private options such as the Facebook-backed Libra gain widespread adoption. Bank of Canada crypto digital currency – Money and Payments in…
Open Banking adoption in UK lending set to hit 70% in next two years A quarter of UK lenders now use Open Banking technology, with half of those that don't planning to do so in the future, according to research from Credit Kudos. Where is Judge Judy Now? (2022) Judge Judy is an American arbitration-based…
Facing up to the Future: Biometric Automation in Banking The advantages of biometric authentication in banking over less secure passwords are now well understood. Biometric measures such as fingerprints and face verification not only help to reduce fraud and financial loss for banks and their customers, but they make transactions more convenient and faster for…
Siam Commercial Bank opens metaverse HQ Siam Commercial Bank's technology arm SCB 10X is following JPMorgan into the metaverse by opening a HQ in the Sandbox, a blockchain-based virtual world platform. SCB 10X Metathon 2022: Top 24 Teams Introduction To SCB 10x Headquarters In The Sandbox Metaverse – Mukaya Tai Panich #Mukaya #Tai #Panich #metaverse…
ABN Amro opens virtual branch in Second Life Dutch banking group ABN Amro has set up a virtual financial advice centre in Second Life, the Internet-based role playing game that has a real economy. Master in Statistics for Smart Data Virtual Open Day Find out more about the Master in Statistics for Smart Data! An…