How do you secure customer data while still innovating and improving your customer’s digital experience? Financial services organisations continue to accelerate their digital transformation and adopt technology such as cloud-based applications and application programming interfaces (APIs). Meanwhile, hackers remain alert, looking for new ways in but also not giving up on “old” tactics such as
The UK was among the first to mandate open banking and the sharing of transaction data between financial service providers and third parties. Open finance is the next step after open banking. By enabling other types of data to be shared, such as investments, insurance, mortgages, loans, savings, and pensions, open finance enables creation of
COVID-19 has caused an accelerated shift from branch account opening to digital account opening. But the challenge for many financial institutions is that there is friction in the online account origination process, especially when it comes to identity and authentication. Read More
Envestnet | Yodlee hosted a discussion with FinTech Futures and three financial sector experts to explore the open finance landscape and draw comparisons with its older sibling – open banking. US software firm Envestnet | Yodlee offers account aggregation services. The difference being, it opens up access to a wider variety of accounts than many
Building a payment card industry (PCI)-compliant cardholder data environment is a time-consuming and costly project that often delays critical time-to-market timelines more than many organisations can afford, especially start-ups. Outsourcing compliance, including PCI compliance, and security to a knowledgeable partner like Very Good Security (VGS) can help businesses get to market faster and decrease the
However, critical business information is often exchanged through documents or content. These documents are a crucial part of a slew of business processes, from customer service, sales, and operations to payroll, legal, and marketing. Forward-thinking organisations are engaging with artificial intelligence (AI) and machine learning (ML) to automatically identify key information within all types of
Mobile app protection should not require a choice between getting it done fast and getting it done right. Financial institutions now have a range of mobile apps to support both customers and remote employees across lines of business and products. Software-as-a-Service (SaaS) has gone from the cutting edge to the norm, but that doesn’t mean
Online, September 16, 2021
Online, September 16, 2021 Everyone is very welcome to the next online conference of Startup Disrupt! In September we’ll live stream an amazing event around Fintech 2021, which will be about trends in cryptocurrencies, artificial intelligence trends, fintech, innovation and other interesting topics. We will host 2 amazing panel discussions and speakers who are the
Digital Transformation can help organizations cater to the personalized needs and societal priorities of their customers, unlocking a brighter, human-centered future of financial services.
The concept of payments data monetisation using payments data to improve either the efficiency of operations, to launch, or to enhance client-facing services is not a new concept. However, there has been an explosion of interest in recent months as a combination of margin pressure and growing customer expectations, alongside ISO 20022 migration and the
Many markets were hit hard by the Coronavirus pandemic. The effects are still manifesting in some areas, and it will take some time to fully understand the implications of what has happened during those couple of years. And as many people have found themselves hit hard by the situation, it’s become crucial to take a
According to data from EY, the UK acquired 99 investment projects in financial services in 2019. However, in 2020, just 49 were acquired, a significant drop that puts the country only 14% ahead of France. The latest EY UK Attractiveness Survey for Financial Services found that foreign investment fell by 23% across Europe in 2020,
