Andrew Stevens Global banking and financial services specialist at Quadient
Over the past year, the financial sector has been adjusting to a new regulatory environment. On July 31, 2023, the Financial Conduct Authority (FCA) introduced new Consumer Duty rules that obligate financial institutions to communicate complex financial information to consumers in a comprehensible way. The rules aim to increase the standard of care...
23 July 2024 /regulation /retail Banking
Abhishek Bhasin Head of Product at Uplinq Financial Technologies
The success of a small business depends on a healthy cash flow. Access to working capital is a much-needed lifeline for these businesses as they are constantly managing and juggling their cash flows. Paying bills, making payroll and filling orders while waiting for the client to pay the invoice is a day-to-day financial reality of these businesses...
23 July 2024 /ai /inclusion Artificial Intelligence and Financial Services
Mark Nutt Senior Vice President, International Sales at Veritas
For businesses operating in the financial services (FS) arena, data has never been more important than it is today. When leveraged effectively, data holds the key to increased profit, boosted productivity, and improved customer service. Conversely – as we have seen with recent global disruption to the financial sector and may other verticals relia...
23 July 2024 /security /regulation Financial Services Regulation
Martynas Bieliauskas Founder & CEO at Klarpay AG
Even the smallest digital business is now a potential multinational. Whether it’s a vintage clothes retailer trading on Depop or a digital creative selling through a self-built website, customers can come from anywhere in the world. That was always the promise of the online revolution – to supercharge globalisation by removing the barriers to cros...
23 July 2024 /payments Open Banking
Nick Green Director at Purple Patch Broking Ltd
The Economic Crime and Corporate Transparency Act (ECCTA) introduces key changes to Companies House, aiming to enhance the accuracy and reliability of business information. Designed to enhance transparency and combat economic crime, here’s how it will help: Reforms to Companies House: The ECCTA mandates that companies must have an ‘appropriate ad...
23 July 2024 /retail /crime Banking
Jose Pierre CEO at Marketware International, Inc.
As the world anticipates the upcoming Summer Olympics, the excitement isn't just about the medals or the records; it's about the remarkable athletes who embody the spirit of leadership, teamwork, and inspiration. Each athlete's journey to the Olympics is a testament to their dedication, the support of their teams, and the courage they exhibit, no ...
22 July 2024 /people /predictions Bigger than Technology
Blythe Barber Head of Business Development, Americas at Droit
The next 8 months will see significant changes to the regulatory reporting framework for financial institutions globally. Rewrites of the Japanese Financial Services Agency (JFSA) reporting regulation and the European Market Infrastructure Regulation (EMIR) refit have recently been introduced, with the EMIR equivalent from the UK’s Financial Condu...
22 July 2024 /regulation Regulatory Reporting
Aleksandra Kitina Head of Marketing at COLIBRIX
Artificial Intelligence (AI) has emerged as a game-changer in the financial services industry, revolutionising traditional banking practices and unlocking new opportunities for innovation and efficiency. In this article, we explore the transformative impact of AI on various facets of financial services and its potential to reshape the future of ba...
22 July 2024 /ai Artificial Intelligence and Financial Services
Alex Kreger Founder & CEO at UXDA
The concept of super apps has revolutionized the way users interact with digital services, integrating various functionalities into a single, cohesive platform. Initially coined by Mike Lazaridis in 2010, a super app offers a seamless, integrated experience by leveraging the unique capabilities of its platform. This article explores the huge poten...
22 July 2024 /retail /markets Innovation in Financial Services
Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle
There’s a new subset of artificial intelligence/machine learning (ML) that are taking over news feeds called Generative AI aka Gen AI. As compared to where traditional ML model output predicts, classify or cluster, Gen AI as the name suggests aims to create new content like text, video, audio, image, or code from the training data. Encouraged by...
22 July 2024 /ai /crime Artificial Intelligence and Financial Services
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