Financial Services Tech Forum CommunityThe Latest in Anti-Money Laundering and Know-Your-Customer Vendors<div><p>These IDC MarketScapes cover vendors that provide AML and KYC solutions in financial services to the worldwide banking market. The evaluations are based on a standardized set of parameters from which IDC can produce comparative analyses of AML and KYC solution vendors in financial services. The technology vendors provided an in-depth assessment of…</p></div>Steven DAlfonsoWed, 03 Oct 2018 14:44:09 -0400 2018: Treasurers yet to be Convinced on Open Banking & APIs<div><p>There is some interest in the technology trend towards open APIs and ecosystems where new connectivity, data tools and services can be 'plugged' into more open banking systems in the future, with 29% of attendees at the <a href="">EuroFinance</a> 2018 day two session entitled <em>New World of Banks</em> saying in the live poll that they were 'exploring the trend', with…</p></div>Neil AingerTue, 02 Oct 2018 12:21:58 -0400 Conference 2018, Blog2: Virtual accounts<div><p>The need for LIBOR benchmark reform and alternative risk-free reference rates (RFR) from 2021 onwards, was also much discussed at the annual ACT Conference, alongside other prominent topics like <a href="" class=" WikiLinkType1">blockchain</a>, PSD2, rising interest in real-time payments and how they align with liquidity risk management, but for me the virtualisation debate was…</p></div>Neil AingerFri, 01 Jun 2018 05:11:18 -0400 Conference 2018, Blog1: Blocked chain<div><p>Use cases such as the Vodacoin tokenized crypto-currency that Vodafone experimented with to move money between 10 internal companies in a pilot to see if the technology could cut foreign exchange (FX) risk and provide other efficiency and speed benefits was mentioned as an example of how blockchain might help treasurers. </p><p>Other examples of…</p></div>Neil AingerFri, 01 Jun 2018 04:54:19 -0400 Are Beginning To Embrace Open APIs To Tune In To The Evolving Digital Ecosystem<div><p>The ‘Open Banking Revolution’, triggered by the second Payment Services Directive (PSD2), will see new, API-connected services brought to European consumers around the traditional core financial services, creating a more holistic banking experience. It is not just the regulation that is pushing banks to deliver customer-centric products and…</p></div>Sabitha MajukumarFri, 26 Jan 2018 05:21:20 -0500 an Amazing Tool to Accelerate your DX<div><p>The term and notion of digital transformation is used extensively in banking and the media today, where every bank/FI is trying to prove their supremacy to be called a 'True Digital Bank'. Being digitally fit has not remained a business goal or destination anymore, rather, it has become a new way of being, working, and succeeding in the digital…</p></div>Anuj AgrawalTue, 05 Dec 2017 11:20:48 -0500"There is No Cool by Association" - Part 2 of my blog series on Sibos 2017<div><p>Microsoft CEO Satya Nadella hit a nerve during the closing panel discussion at Sibos 2017 in Toronto when he said when it comes to succeeding in artificial intelligence (AI) there is no such thing as "cool by association." Organizations with ambitions to succeed in AI and machine learning (ML) will have to do their homework first, in this case…</p></div>Thomas ZinkWed, 15 Nov 2017 12:17:10 -0500 2017: Open and Decentralized — FIs Are Starting to Get Their Hands Dirty - Day 1 to 3<div><p>Open banking is clearly one of the dominant themes at Sibos 2017 in Toronto. But there are massive differences in how vendors position their strategies and the concerns banks voice about it. How will it affect my core infrastructure? What comes next? And where should we go with it? Most vendors are getting really excited about their open banking…</p></div>Thomas ZinkThu, 19 Oct 2017 11:54:31 -0400 2017 IDC FinTech Rankings - A Seismic Shift in IT Vendor Revenues<div><p>2017 marks the 14<sup>th</sup> year that IDC Financial Insights has conducted its FinTech Rankings research, a quantitative "state of the industry" measurement for financial services-based revenues earned by the top 125 technology firms globally.  The financial services industry is comprised of banking, insurance, and capital markets firms that buy hardware,…</p></div>Jerry SilvaSat, 14 Oct 2017 20:47:05 -0400 2017 IDC FinTech Rankings – Leaders of the Digital Revolution in Financial Services<div><p>Currently the focus is on transformation – what’s the strategy, who are the most qualified providers, and how do we get to the “Connected Financial Institution?” Digital Transformation (DX) is especially at the forefront of technology discussions, as it should be considering IDC believes that financial institutions will spend more than US$170…</p></div>Karen MasseyWed, 27 Sep 2017 12:58:30 -0400