Author: Nidhi Sarin, Linkedin Profile Author: Mehmet Arslan, Linkedin Profile Treasury Management Systems One question which is yet to be answered by the previous article, is what tool does treasury use, which allows them to effectively execute their roles? The...
PSD2 went live last year with much fanfare but little noticeable change. It is worth remembering the Silicon Valley adage “People overestimate the change over 2 years and underestimate the change over 10 years”. We at HBW believe Open Banking and PSD2 API’s will...
OverviewThink of API’s as;Doorways where what goes in and out of the ‘doorway’ is very, very predictable and widely publicised, andDoorways which are open to anyone with the right key, andWhich come in “pairs” like doors at either end of a windowless corridor.In the...
A Comparison of Platforms to Buy and Sell Gold There has been much talk about Blockchain as a means to “tokenise” illiquid assets and so make them easier to trade by ordinary people. HBW has researched this idea versus the alternatives using Gold as the asset...
Author Henry Umney, CEO, ClusterSeven, Linkedin Profile How spreadsheets are used in Banks and Why? Banks today deploy a variety of well-supported enterprise IT systems for accounting, risk management, compliance, trading and tax; to run the critical processes for...
The Problem Authorised push payment fraud is when a fraudster tricks an individual or business into sending them an electronic payment. This is usually done by using social engineering techniques and may also involve gaining access into an individual’s email and then...
There is no peace for the wicked! Much as big UK banks would like to focus on digital transformation and customers, products and services, the icy hand of past failings will continue to use a large proportion of the IT, Operations and change resources for the next few...
GDPR is a sprawling regulation. Firstly, this article classifies the requirements into the various governance, legal and process changes needed. Very few companies in the UK of any size will be fully GDPR compliant by May 2018 but they can all be on a meaningful...
IT investment amongst banks has been almost all operational in nature and not about customer insight or management information for many years. It’s about time that banks start to see the value in collecting digital information on a business activity which can...
Community Development Financial Institutions (CDFIs) have in recent years gained prominence as a source of credit to the financially excluded (i.e. people not able to access credit from mainstream banks). In addition to credit, they also provide financial advice to...
