Financial IT Spring Issue 2020
- 15.04.2020 09:36 am
Only some of the articles that have been contributed to this edition of Financial IT deal with the impact of the COVID-19 virus, which become seen as a global pandemic in mid-March. As of 15 April, the epicentre of the pandemic appears to have moved from Europe to the United States. COVID-19 is yet to be brought under control. In particular, it is unclear what will be the best way of preventing the virus from overwhelming the fragile healthcare systems in many developing countries. Nevertheless, a number of trends and themes that are very relevant to Fintech are already apparent. ...
Financial IT Winter Issue 2020
- 11.02.2020 01:46 pm
One of the contributors to this edition of Financial IT raises the possibility that the global financial services industry as we know it could cease to exist. Of course, this outcome does not mean that the activities of the global financial services would not take place. Rather, they would be performed in different ways by Fintechs that are very different to traditional financial institutions. Payments services providers will enable individuals and businesses to make and receive payments. New lenders will raise funding from capital markets and savers and recycle the loans to borrowers –...
NOVEMBER ISSUE 2019
- 18.11.2019 09:13 am
Financial IT’s archive includes two very different stories about branch banking in the last two months or so. The role that is played by bank branches in a bank’s overall business model depends on a complex variety of issues. What are the technologies that are being used? Where are the banks located? What do the bank’s employees who work at the branches actually do? Where does physical cash come into the picture? Is the bank looking to promote and distribute products that originate from other, third party, providers? How does the bank calculate the true value of its branch network?...
Sibos Issue 2019
- 23.09.2019 07:51 am
The date is important, because it is the deadline, incorporated in the revised Payments Services Directive (PSD2) of the European Union (EU) for the introduction of Strong Customer Authentication (SCA). With few exceptions, SCA applies to payment services providers (PSPs) when they are carrying out remote electronic transactions. SCA is defined in PSD2 as an ‘authentication based on the use of two or more elements categorised as knowledge (something only the user knows), possession (something only the user possesses) and inherence (something the user is) that are independent, in that the...
Financial IT Summer Edition 2019
- 03.06.2019 08:18 am
The View from Amsterdam 417 Years after the invention of the multi-national corporation, what are the themes that matter? Money 20/20 Europe takes place this year in Amsterdam on 3-5 June. Given the city’s contributions to global economic and financial history over the centuries – including the formation of the world’s first modern multi-national corporation, the Dutch East India Company, in 1602 – it is appropriate that this edition of Financial IT is devoted mainly to the conduct and funding of cross-border trade. As one of our contributors points out, some 56% of consumers shop...
