Kuzzle to launch retail digital banking solution

Technology start-up Kuzzle, the open-source backend solution for mobile, web and internet of things (IoT), will launch its latest solution for digital banking at FinTech Connect Live in London.

Banks banking on APIs for payments and beyond

Facing increased competition from financial services upstarts and tech firms, banks are doubling down on application programming interfaces (APIs) as a competitive tool, a new report shows. Paybefore (Banking Technology‘s sister publication) reports that an Aite Group study canvassed product and digital channel managers at Asia-Pacific, European and North American banks, and found that those […]

Objectway Conference: Do or die in wealth management’s digital drive

The wealth management industry needs to shake off its “cottage industry” mentality of the past and realise that it is “do or die” in the push to digital. This was one of the key messages from yesterday’s (24 November) Objectway International Customer Conference in Amsterdam – a one-day event of presentations and insight from the […]

Ageing reconciliation systems cost firms dear

Two-thirds of top-tier financial institutions have established reconciliation centres of excellence following a recent wave of consolidation of the reconciliation function – but more than half of firms say their reconciliation technology platform was at least five years old, and a quarter of respondents use platforms more than nine years old.

Banks face “mad rush” to prepare for MiFIR

Financial institutions will need to maintain records, report transactions and supply reference data under the European Commission’s forthcoming MiFIR regulation. But those who expect plenty of time for implementation and no regulatory conflicts are likely to be disappointed, according to a new report by analyst firm Aite.

Capital markets firms must do more to protect IP

Capital markets firms are losing their intellectual property too easily to competitors, business partners and third parties. Most companies could benefit from a tougher approach to IP, including licencing agreements and more use of patents, according to a new report by analyst firm Aite.

MiFID II headache intensifies as ESMA deadline draws near

MiFID II could cause serious problems for banks, brokers and other market participants in the run up to the January 2017 implementation, according to executives attending a meeting chaired by the European Securities Markets Authority in Paris earlier this week.