Financial Services

By Prakash Pattni on 14 December, 2022

Financial Services Panel Discussion Summary

Prakash Pattni, Managing Director, IBM Cloud for Financial Services, EMEA reflects on a vibrant discussion hosted at IBM London which explored the challenges and opportunities facing fintechs and banks as they look towards the new year, with senior leaders from Lloyds Banking Group, Starling Bank, Innovate Finance and Scribe.  As another transformative year in banking […]

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By Prashant Jajodia on 24 November, 2022

Digital Transformation in Banking – Chapter Three

I am a bit of a banking nerd. I use several banks and often find myself comparing their digital banking services. They are all very good. You can securely check your balance and make a payment on your mobile app with all of them. You can also do many everyday banking tasks like move money, […]

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By Agnieszka Bruyère on 14 December, 2022

Financial Services Panel Discussion Summary

Prakash Pattni, Managing Director, IBM Cloud for Financial Services, EMEA reflects on a vibrant discussion hosted at IBM London which explored the challenges and opportunities facing fintechs and banks as they look towards the new year, with senior leaders from Lloyds Banking Group, Starling Bank, Innovate Finance and Scribe.  As another transformative year in banking […]

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By Prakash Pattni on 7 April, 2022

Unlocking the full potential of the fintech revolution

The Innovate Finance Global Summit taking place this week in London brings together a buzzing community of fintechs of all sizes alongside more establish financial institutions and technology companies. Amid the panels and roundtable discussions and other conversations I took part in, it was clear that the pace of change in the industry is undeniable. […]

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By KP (Krishnan Padmanabhan) on 10 March, 2022

Unpicking Digital Transformation: 5 themes to leapfrog the competition

We had the privilege of a visit by Suresh Vishwanathan, COO TSB, to IBM’s new offices at Waterloo, London. Suresh, armed with both a wealth of business experience and a deep understanding of technical transformation, has an unparalleled track record as a pioneer of digital reinvention. From his days at Citibank where he pioneered the […]

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By Joy Macknight on 19 April, 2021

Managing Regulations and Risk in Financial Services: Exploring the benefits of a hybrid cloud environment

Managing Regulations and Risk in Financial Services: Exploring the benefits of a hybrid cloud environment. Banks have ramped up adoption of cloud technology in the past few years, fuelled by greater understanding of the technology and changing regulations in many jurisdictions, as well as its deployment by the challenger banks, which has proved in practice […]

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By Claire Zhuang and Sunil Mehta on 17 September, 2020

How Extreme Automation Can Shape the Future of KYC

Celent estimated that the total IT and operational spend on AML and KYC activities by European financial institutions in 2019 has reached $12.5 billion. Despite of the increasing amount of investment on resources in the KYC process, financial institutions still face a number of major challenges and risks of hundreds of millions of dollars’ fines […]

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By Andi Brocks on 1 September, 2020

IBM Cloud for Financial Services

Balancing innovation, agility and regulatory responsibility Financial Institutions in the United Kingdom have been at the forefront of digitalisation transformation, until now this has been primarily led by financial technology (FinTech) companies due to them being born on the cloud. Unencumbered by legacy systems and complex integrations has allowed them to innovate faster, innovating faster […]

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By Thomas L. Hager on 21 November, 2019

IBM Public Cloud for Financial Services

The most open and secure public cloud for business IBM is the leader in Hybrid Cloud for Enterprises. Several large financial institutions such as Westpac, Lloyds, BNP Paribas, Santander and many more across the globe have trusted and chosen IBM for their transformation and journey to the cloud. IBM provides great choice and flexibility to […]

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By Anna Shugol on 20 November, 2019

How to build a vault for your digital wallet

Custody – foundation of the digital assets market? With the rise of platform banking infrastructure and armed with digital banking licenses, fintech startups are quickly bringing traditional and blockchain banking services. These services potentially upend the establishment with new forms of capital formation, liquidity, and efficiencies in payments and managing assets. Institutional investors, crypto hedge funds, […]

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By Bharat Bhushan on 11 October, 2019

Reflections on Sibos 2019

True to this year’s theme of “Thriving in the hyper-connected world”, Sibos 2019 in London was all about the possibilities, approach and risks involved in the society that is constantly on. The following points summarise what was on everyone’s minds and high on the conference agenda: a) People and talent management. Driving a culture of […]

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By Ian Robotham on 5 August, 2019

Banks, clouds and castles; the growth of cloud computing in banking

The castle walls of these incumbent banks are starting to open and the opportunities beyond the constrained world of the fortifications are tremendous The growth of cloud computing across all industries has been well documented.  Across the board, the barriers to adoption (both perceived and regulatory) are being lowered.  When it comes to Financial Services, […]

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By Bharat Bhushan on 5 August, 2019

Open Banking: Cross-industry use cases

The two most common use cases associated with the Payment Services Directive II (PSD2) and Open Banking are account aggregation and payment initiation – typically talked about in the context of benefiting a third-party provider (TPP). However, we know that the ripples of PSD2 are not just limited to the financial services industry. Other industries […]

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By Michael Conway on 6 June, 2019

AI and Banking: Competing with total trust and zero bias

A recent article in The Times highlighted that only half of UK companies have a clear AI strategy in place. There is huge potential for companies across industries to leverage the power of AI to improve their business. The banking sector is no different. But for all its benefits, what makes AI ethical? How do […]

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By Indy Dhami on 29 May, 2019

The Future of Breach Preparedness

A crucial element for any organisation’s resilience is the ability to put comprehensive plans and preparation exercises through rigorous real-world scenarios.  Scenario planning and training is the norm for the emergency services, armed forces, and airline industry to name a few. Information technology and cybersecurity industries historically have not been at the same level of […]

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