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Top five questions about using quantum-safe security in financial transactions

Scott Totzke, Isara

A wide range of technology-driven sectors will be affected by the advent of universal quantum computing many experts say will happen by 2026, but the financial industry has particular reason to be concerned.

Regtech: features that make data work harder and smarter

digital data technology

There is far more to regtech than regulatory technology, or at least there can and should be. Regtech, as it is coming to be understood, must be something qualitatively different from what it’s replacing and not just a faster and better version of the same thing.

CRS: the end of tax evasion?

CRS: the end of tax evasion?

Tax evasion and tax fraud have been affecting governments finances all over the world over the decades. It occurs within a country and across countries. Thus, a single country cannot solve the problem on its own. Countries need to work more together and internationally to combat the problem home and abroad.

The rise of Islamic fintech, global opportunities for Bahrain

David Parker, Bahrain Economic Development Board

In its recent survey of the Islamic finance industry, S&P estimated that the sector’s total assets have now reached just over $2 trillion. Given that the modern version of Islamic finance is only decades old, this represents exceptional growth over a comparatively short period of time.

Commercial banks join the retail revolution: three reasons to consider transformation

Rina Pandalai, SapientRazorfish

Long-term growth will require the commercial banking industry to embrace digital transformation in a way that benefits the institutions’ stakeholder base and satisfies the needs of its end-user clients. And here are three reasons why a commercial bank should consider transformation.

Bank to the future: five ways financial apps are changing banking

Ian McKenna, DigitalWealthInsights.com:

Less than half a year from now, PSD2 will revolutionise consumers’ access to their own financial information. In fintech hubs across Europe, bright young people are planning a consumer revolution. Their financial apps and tools are helping customers manage their money far more easily than they have before. Here are five important ways in which they are changing the face of banking.

PSD2 meets ISO 20022

PSD2

How will service providers and banks implement ISO 20022 in the APIs being created for PSD2?

Why getting ready for real-time is a priority for Rabobank

Erik Kwakkel, Rabobank Netherlands

When it comes to payments, the Netherlands, like its Scandinavian neighbours, is certainly one of the most advanced countries in the world. Banks and retailers have been working together for many years in an effort to decrease the amount of cash in circulation, working instead towards a “cleaner” and “safer” cashless environment.

Yes, (financial inclusion) minister?

Yes, (financial inclusion) minister?

In today’s seemingly financially connected world, where we can send money to one another via our smartphones, and manage our spending habits via apps, it’s pretty hard to believe that financial exclusion is still a reality in the UK. Yet, a shocking 1.7 million adults in the UK still don’t have access to financial services.

When large projects go bad: leadership, operational change and a dose of reality

Steve Young, Citisoft

Large-scale operational projects within asset management firms are notoriously ambitious, incredibly complex and extremely hard to deliver. Global system implementations are a common culprit, where often multiple applications (some legacy) are being replaced.

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