Financial IT Winter Issue 2019
- 11.02.2019 08:19 am
Financial IT magazine has been published continuously now for over five years. A comparison of the earliest editions with the more recent editions is striking. Relative to early 2014, far more of the articles that we publish have been contributed by financial institutions and far more have been contributed by IT companies that are, by most metrics, large and long-lived. This is significant for a number of reasons. One is that we have ourselves become a part of the mainstream. At the intersection of financial services and IT, we are the Voice of the Solution Provider. In this day and age,...
Financial IT December Issue 2018
- 05.12.2018 08:49 am
One of the lead articles in this edition of Financial IT highlights how banks will continue to beexcited about Artificial Intelligence (AI) in 2019. There will be experimentation involving AI.There will be investment in AI. However, mainstream adoption of AI solutions are unlikely. This is partly because the demands of clients are complex and increasingly sophisticated. Chatbots maybe able to reduce costs and boost efficiency, but they are not – yet – able to provide the tailoredcustomer experience that clients are looking for. We are at the end of the year which brought...
Financial IT October Issue 2018
- 16.10.2018 11:32 am
The arrival of Open Banking is a key reason why the world of financial services in October 2018, as this year’s Sibos conference gets underway in Sydney, is different from the world of financial services one year previously, at the time of the Sibos conference in Toronto. The second Payments Services Directive (PSD2) of the European Union (EU) came into force on 13 January 2018; the EU’s General Data Protection Regulation (GDPR), on 25 May. Most financial services businesses in the EU also had to consider the implications of the latest Market in Financial Instruments Directive (MiFID II),...
Financial IT June Issue 2018
- 04.06.2018 10:42 am
The March 2018 edition of Financial IT was devoted mainly to Open Banking. So too is this, June 2018 of Financial IT. The previous edition looked, in depth and breadth, at the change that could take place in financial markets, Fintechs and incumbent institutions as a result of the second Payments Services Directive (PSD2) and the General Data Protection Regulation (GDPR) of the European Union (EU). If the previous edition was reduced to one question of just one word, that one word would be ‘What?’ For this edition, the one word is ‘How?’ A lot of time, effort and money have been devoted...
March Issue 2018
- 05.03.2018 07:34 am
The Open Banking revolution…and how it could unfold This March 2018 edition of Financial IT comes between two key dates. One is 13 January 2018, when the second Payments Services Directive (PSD2) came into effect in the European Union (EU). The other is 25 May 2018, when the EU’s General Data Protection Regulation (GDPR) will come into effect. GDPR will reinforce PSD2 and, therefore, the opportunities from the world of Open Banking that are implied by PSD2. As one of our contributors writes, GDPR will enforce good behaviour by the incumbents and the new entrants to...