Financial Services
"... a concept has been developed for a centralised solution that will provide firms with an automated classification answer."
Dust off your math, review the literature with some strong coffee; envision a future fresh from a William Gibson novel...
From Citi's $1 billion "fat finger" and regulatory intervention driving a massive compliance overhaul, to major cloud migrations, spending continues at scale...
Treasury, risk, and collateral management, and regulatory and compliance software are more important than ever...
HMG makes a lot of payments: The Department for Work and Pensions alone makes 2.5 million+ daily that are worth £3.7 billion per week.
“We don’t have 200-person governance teams running around building PowerPoint; we have engineers actually understanding the data lineage…”
A major application modernisation programme continues through a mix of refactoring, SaaS replacement and legacy decommissioning – with 2,500 decommissioned since 2017...
PayPal’s CEO Dan Schulman said white labelled payments processing is a “strategic imperative” for the payments company – and it will “primarily focus on enabling unbranded processing” moving forwards. The move will also give it richer datasets from merchants as it expands, which PayPal can in turn use to power
The retail banking market has heated up hugely in the UK in recent years, with the rise of digital-native banks like Monzo and Starling winning awards and customers – over seven million, three million respectively.) They hit the market with minimal technology debt, having built new stacks from the ground