Data privacy has recently come to occupy the mainstream and public imagination. But it has been a headache for many years in the financial services with executives scratching their heads over how to get their organisations ready for May 25.
When Tom Blomfield, CEO of Monzo, told bobsguide “If we do our job right, we’ll make some of the high street banks extinct”, it sounded like a gutsy gauntlet to throw. Originally published on bobsguide.
By, Emilie Casteran, Head of Digital Strategy, Banking & Payments at Gemalto.
While 60% of Brits are aware of at least one digital bank, two in five wouldn’t trust them with their financial data.
The siloed nature of traditional banks means they risk falling behind financial technology firms under the revised Payment Services Directive (PSD2), a Feedzai executive has warned.
Understanding and embracing this new business model is critical for retaining and growing a financial organization. By Brian J. Costello, Chief Information Security Officer, Envestnet | Yodlee.
Banks and fintech start-ups can – and do – collaborate, with the former providing stability as the latter drives innovation. By Paul Marcantonio, Head of UK & Western Europe, ECOMMPAY.
One could take heart from the common aims of GDPR and PSD2. However, move into the detail, and the trouble begins, with a minefield awaiting anyone seeking to successfully navigate through the two regulations in tandem. By Oana Dolea.
In 2018, it’s estimated that BEC attacks will result in over $9 Billion in losses. I spoke to Alexandrea Berginger, IBM X-Force IRIS, and John Chaplin about the future of digital fraud in payments.
Traditionally, the banking industry has often struggled to make quick technical advancements so in some cases it is unsurprising that older systems are holding them back. By Kyle Ferguson, Chief Executive Officer, Fraedom.
