A final comment on leadership for digital transformation.  I was in a conversation with a bank yesterday when, half way through, the senior chap there said “look Chris, we’re a 300-year-old institution, things change but not that fast”.

300 years old.

Wow.

They were actually established in the 1600s.

That was just after the Great Fire of London (1666), shortly afer the Englsih Civil War (1642-1651), when William of Orange was on the throne and America was a British colony.

Wow.

Trade Informatics, a global financial technology company headquartered in the US, today announced the European launch of PLIA, its pioneering cloud-based counterparty management and comPLIAnce solution. Responding to the industry demand for an electronic trading information platform that addresses heightened European regulatory requirements (MiFID II) and promotes associated global operational efficiency.

Online Banking Solutions (OBS) announced today the release of a new security solution designed to maximize the online banking user experience and help protect against financial fraud.

 Miller Heiman Group, one of the largest sales and service development and performance enhancement companies in the world, named Richard Hilton Managing Director of Europe, the Middle East and Africa (EMEA).

Ingenico Group, the global leader in seamless payment, announced today that Ingenico Mobile Solutions, its mobile point of sale (mPOS) division, has launched the Moby/3000, a Bluetooth-enabled mPOS card reader equipped to accept both EMV chip & sign and magstripe transactions. While many mobile card readers still rely on audio jack connectivity, the Moby/3000 wirelessly pairs with Android and iOS smartphones and tablets using Bluetooth™ 4.0, offering future-proofed connectivity to all of the latest mobile devices, including those without audio jacks, such as Apple’s new iPhone 7™.

Violating sanctions can be deadly for a business. Compliance is the answer, but how can corporates – traditionally less regulated than their banking counterparts – ensure this?

While there have been several major sanctions violations making the news in the past few years, the bulk of these stories have been focussed on banks, mainly as they are more heavily regulated than private companies.

Have you already heard the newsbreak about First Pilot Blockchain Network that was launched by Infosys Finacle for Emirates NBD and ICICI Bank?

Let us tell you – Emirates NBD is the first in UAE and ICICI Bank is the first bank in India who launched their pilot blockchain-based network for international remittances and trade finance.

This edition of Financial IT magazine brings to you a continuation of the recent discussions we have had with some of the brightest minds in the fintech industry at SIBOS 2016 in Geneva. This issue also promises a strong collection of inspiring articles that address the hottest topics of the Money20/20 conference currently taking place in Las Vegas.

1. Thou shall consider that Fintech is a complex ecosystem comprised of many disciplines often overlapping one another. Insurance, payments, currencies, cybersecurity, encryption ... the list goes on and on. Do not be afraid to explore and go beyond your area of expertise. This is the best way to think outside the box and expand your thought process.