Banks being hit by wider network of cyber attacks
Financial institutions are now being hit by a wider range of cyber criminals with banks in particular being considered vulnerable targets, according ... read more
Innovate Finance CEO: UK must help fintech grow externally
More should be done to help fintech startups expand beyond the UK, according to Charlotte Crosswell, chief executive officer, Innovate Finance. “You ... read more
Bank of America hones in on FX risk
While new payments tools tackling a host of new problems come on board seemingly everyday, Bank of America Merrill Lynch has launched ... read more
People moves: Tribe, Danske, Paysafe make changes
Nordea names former Handelsbanken boss as new CEO Finland-headquartered bank Nordea announced Frank Vang-Jensen as its new CEO earlier this month. Vang-Jensen ... read more
UK “still one of the most innovative payments markets in the world”
Despite geopolitical and market uncertainty, the UK is still a leading venue for payments and associated technologies, according to Gregor Dobbie, CEO, ... read more
Deutsche’s Leigh: ERPs changing FX management for corporates
Deutsche Bank is pushing the use of enterprise resource planning (ERP) solutions to help drive its foreign exchange market share, according to ... read more
Nissan joins in-car payments race
Payments services providers and fintechs have unleashed a flurry of collaborative innovations over the course of the past decade in order to ... read more
SWIFT moves to consolidate role as gatekeeper of API standards
By Nash Riggins The EU’s sweeping Payments Services Directive and the meteoric rise of open banking have created enormous potential for enterprising ... read more
Pressure mounts on regulators over SCA plans
By Michael McCaw & Alex Hamilton With little over a week before Europe’s strong customer authentication (SCA) is due to go-live market ... read more
Banks hitting cyber resource problems
Technology and talent will become major hurdles for banks and payments firms as they continue to keep cybersecurity responsibility in-house, according to ... read more
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European banks struggling with complexity of API implementation
European banks’ inability to get up to speed with technical standards under the second Payment Services Directive (PSD2) underlines the complexities of ... read more
People moves: Cred, Vocalink, OakNorth and more
Cred appoints CFO and general counsel US-based crypto lending and borrowing platform Cred has appointed Joe Podulka as its new CFO and Dan ... read more
CoinMetro CEO: Challenger banks primed to fill crypto service gap
Challenger banks could step into a cryptocurrency gap left by risk-averse market participants, according to Kevin Murcko, CEO of CoinMetro. “Challenger banks ... read more
10 cases of insider bank attacks
By Tal Eliyahu, Principal Cyber Security Consultant at SentinelOne At least 60 percent of cyber-attacks in financial institutions are attributed to privileged ... read more
Metro Bank’s Riseborough: Customer satisfaction “not rocket science”
The prioritisation of banking services over products and other offerings has kept Metro Bank at the top of the Competition and Markets ... read more
SCA extra time fragmenting markets
National competent authorities (NCAs) may have inadvertently fragmented the payments market over their handling of the phased implementation of Strong Customer Authentication (SCA) ... read more
Alternative payments applications of blockchain technology
According to Deloitte’s 2019 global blockchain survey, 83 percent of market participants see strong use cases for blockchain technology in the industry ... read more
UK banks unprepared for new anti-fraud requirements
The extent of the technological changes required to comply with Confirmation of Payee (CoP) rules forced banks to petition heavily for a ... read more
