The demise of Lehman Brothers sparked Inbotiqa’s flame: Fintech interview 29
When an email was missed at Lehman Brothers and a hefty fine was triggered by regulators a pair from the corporate actions team were asked to build a technology that would prevent it happening again. Large corporates have numerous high volume shared inboxes where every email is an action to...
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Financial services firms reveal their fintech status in major study
While traditional financial services firms are waxing lyrical about the benefits of fintech only a third (34%) have a C-suite executive leading technology/digital strategies.
This is according to a survey of 248 finance firms, of which 73% have annual revenue over $1bn. The 0 Comments
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From university lab to mainstream Mambu provides cloud ERP system for banks: Fintech interview 28
A project at a US university looking at microfinancing proved to be the spark for software as a service banking platform supplier Mambu. The company, which was launched in 2010, today describes itself as a cloud based ERP system for banks, which can complete...
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SIBOS audience applauds Boris Johnson’s loss in the Supreme Court
At 10.30am on Tuesday 24th September I was sitting in a packed audience at SIBOS in London’s Excel, listening to a talk about the future of banking. I was listening but must admit Twitter was my main focus at the time. I was...
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All bank staff will have to understand APIs as the industry transforms
As a non tech expert writing about Enterprise IT, with a focus on financial services, I always try to break things down into easy to understand concepts, otherwise I can't write about them. A good guide for journalists when writing something is that they should do so as if you were telling...
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Going online for a SIBOS press pass was harder than applying for a bank account
The ease of use of mobile services such as mobile banking are making me lazy and perhaps not as focused as I should be when it comes do doing stuff online.
This week is a great example. I went on the SIBOS website to sign up for a press pass for the upcoming 0 Comments
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Fintech Bud cuts 20% of workforce
The fintech company behind HSBC’s open banking features has cut 20% of its workforce of about 100 as it strives to recruit different types of people.
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PSD2 security deadline extension is not a reason for further can kicking
The original deadline for PSD2 compliance quietly passed by at the weekend but it will be another 18 months before UK businesses meet the regulation’s rules on customer authentication.
Nick Caley vice president of financial services and regulation at authentication technology supplier 0 Comments
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A Deep Learning experience was the spark for Evolution AI: Fintech interview 27
Evolution AI is creating machines that can read documents in any language so humans don’t have to and is taking some decision making out of their hands as well. The company is one of the increasing number of startups that target the banking sector as a main...
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Don’t forget fintech the service amid the record investment headlines
There is billions of pounds being funnelled into fintech and it is usually this that makes the headlines. But sometimes I feel like I lose track of what fintech actually offers. It sometimes feels that the fintech industry is just a sector designed to make money, when actually it is...
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