Video interview: The impact of PSD II on the Financial Services community
Listen to our interview at Sibos with Hamish Thomas, EMEIA Payments Leader at EY.
Hamish will give a brief background on what PSD II is and what changes (if any) consumers and bank customers will see. He'll also talk about the key points that financial institutions need to be aware of ahead of it coming into force.
RecordedOct 17 20167 mins
Your place is confirmed, we'll send you email reminders
Cybersecurity is a booming sector with plenty of implications for the FinTech industry. This webinar will look at the latest trends and emerging synergies in an increasingly complicated digital landscape.
In 2016, Innovate Finance started the consultation for an industry led sandbox. The Industry Sandbox seeks to provide an environment to test innovative products, services and business models in an off-market environment. Listen more to find out more on the consultation and news on the FCA Regulatory Sandbox.
David Parker (Polymath Consulting), Adam Kissame (Deloitte)
Digital payments saw an increase in popularity last year and doesn't show any signs of slowing down. With more and more countries supporting the fight to go cashless, will 2017 truly be the year of digital payments?
Join this panel where industry experts will discuss:
· Digital Payments v the need of the consumer for instant gratification are they compatible.
· Consumers say they want to deal with banks for security v Fintech and understanding consumers what they want
· Data and the limitations of what goes down card scheme rails
· Closed loop digital payment solutions v new schemes v open loop who will win
· How long until the majority of consumers no longer feel the need to carry some cash, or is that an unrealistic expectation
· Will increasing regulation mean frictionless digital payments become a mirage
You order an Uber through your phone. You get in, complete your ride, get out and say goodbye. You don't even take out a credit card or cash anymore but you know it's been paid for. So how does it work? Is it safe? And what's the future of our financial interactions?
Uber and many other Fintechs have taken the interaction out of transactions but it's often unclear how they actually work, and many of them still reply on a traditional bank. So we've sent Eric Hazard to discover the ins, outs and dirty secrets of your favorite taxi apps, food delivery hubs and fintechs!
Professor Michael Mainelli, FCCA FCSI FBCS (Z/Yen Group Limited)
Mutual distributed ledger (MDL) identity schemes could empower people with personal data storage and management, permission frameworks for access by third parties such as banks insurers or governments, and even distributed reputation ratings.
Such applications could reduce financial fraud, costs, and crime, and increase returns, confidence, and security. MDLs are uniquely supportive of controlled distribution and sharing of digitally-signed documentation and could form the backbone to identity and authentication systems worldwide. In fact, some claim that identity authentication infrastructure is the ‘killer app’ for MDLs rather than payments.
While anti-money-laundering/know-your-customer/ultimate-beneficial-ownership processes are arduous for high-net-worth individuals, about 2.4 billion poor people worldwide lack official identification, about 1.5 billion over the age of 14.
This webinar will examine how MDLs might aid both rich and poor.
Scott Gamble (Mobios Consulting), Bruce Parker (Modo)
In the fragmented world of digital payments, some merchants have shown that they are not willing to abdicate control of their valuable customer relationships to third party open mobile payment systems. Companies like Walmart, Target and CVS have announced their own in-app payment solutions to take control of the entire customer lifecycle from enrollment to checkout, even while continuing to support broader mobile payment initiatives sponsored by platform/OS companies.
This talk will discuss both sides of this rapidly-evolving phenomenon, and will help you decide if you need "your own damn Pay".
Stewart Rogers, Dir. of Marketing Technology, VentureBeat
With over 1 billion monthly active users, Facebook Messenger is beginning to change the world for companies looking for ways to connect with, engage, and retain an unprecedented number of customers. And we’re guessing that’s probably you.
It’s all because of Messenger’s developer tools, which have leapt on the promise of bots for customer service and native payments without ever leaving the platform--and have thoroughly delivered on it. Users stay cozily inside the Messenger platform to play games, search, shop, pay, and more, meaning they’re fully engaged with your brand in multiple ways in a single brand context.
Facebook’s long-term plan: make Messenger the center of users’ lives. Your short-term plan: start positioning yourself to take advantage of this revolution in messenger tech innovation. Register for this free VB Live event now and learn how you can monetize Messenger.
In this webinar, you’ll:
Understand the broader digital wallet strategy to connect with customers through chatbots
Get valuable tips to spin chatbots into gold
Learn the biggest mistake organizations are making with payments through Messenger
* Stewart Rogers, Director of Marketing Technology, VentureBeat
* Wendy Schuchart, Moderator, VentureBeat
Never has there been a more exciting time to work in banking and financial services. Whether it’s rising consumer expectations, the possibilities of new technologies and ways of working, changes in regulation or the new challenges from the thriving UK FinTech sector, it’s clear now is the time for the established businesses in this space to act.
Now is the time to move beyond the ‘innovation theatre’ - typified by the siloed or hidden-away labs, skunkworks, hackathons and accelerators. Now is the time for a new approach to innovation, geared towards getting new products and services to market, into consumers hands, and iterating based on real-world experience and feedback. That’s real innovation.
This webinar contains a small selection of bright ideas we believe can solve genuine customer problems. They range from the pragmatic starting points, fixing some of the fundamental challenges banks face, through to the more inspired and leading edge concepts. What they all have in common is that they are innovations that can be executed on today, this is not sci-fi, this is not ‘innovation theatre’ this is about how to #ExecuteOnInnovation
Financial organizations are entrusted with the some of the most sensitive data and face a constant onslaught of attempts by insiders and hackers to steal incredibly valuable and easily monetized data. In this informative webinar, Kim Ellery, Director Product Marketing at Absolute, will discuss the increasing risk from both advanced attacks and insider threats. Attendees will gain actionable insights on how to balance the emphasis between detecting threats and preventing them in the first place, starting with visibility and actionable intelligence, to gain complete visibility and control of every endpoint device … no matter if they’re on or off the network.
Join the Absolute team on January 25th for an informative webinar on improving your visibility, get actionable insights and strategies to help you detect threats faster or prevent them entirely
Louise Beaumont (SapientRazorfish & techUK), Katharina Lueth (Raisin), John Salmon (Hogan Lovells), Matt Hopgood (Sapient)
There are three game-changers re-shaping banking - and regulation is one of them. Regulations like the Open Banking Standard and PSD2 are opening up banking. But don't discount bank customers and the Tech Titans - their impact will be huge.
Join this webinar to find out how these three forces will impact the banks, and the kind of questions that need smart answers
Bianca Lopes, VP of Global Alliances & Strategic Marketing (BioConnect)
In today's digital age, a person's identity is classified by a username and password. With Gartner research predicting 26b connected devices in the world (6.5 devices per person) by 2020, what impact is that going to have on the identity of global citizens? In this 30 minute webinar, Bianca Lopes will go over the impact that biometrics can have on the connected world focusing in particular on authentication.
Biometrics & Identity in the Connected World
-Identity - the history + what that means today (username + password)
-Connected World - stats on connected devices + problems that creates in the system (fraud, social inclusion/exclusion)
-What is biometrics - I’ve been told I need to learn about biometrics, what do I actually need to know?
-Common challenges within this industry - suggestions for how to tackle it
Over the past year, we have seen data breaches shift towards identity-based breaches, targeting personal information of either employees or consumers. The access to the information is used to craft and construct highly organized attacks on enterprises and is a growing contributor to identity theft. The problem is compounded by the convergence of personal and work place identities, ultimately creating major security challenges for companies.
Our 2016 Authentication and Access Management survey found 90% of enterprise IT professionals are concerned that employee reuse of personal credentials for work purposes could compromise security. During the webinar, we’ll be discussing this and other trends in the strong authentication and access management market, including:
-The status of the two-factor authentication market and what we can expect in the years to come
-The enterprise risk issues of using social media credentials to access to corporate resources
-The role the cloud is playing in the enterprise especially as it relates to single sign on and application management and access
-The ongoing challenges enterprises cite as barriers to mass adoption of a mobile workforce
Natalino Busa, Head of Applied Data Science at Teradata
AI to Improve Regulatory Compliance, Governance & Auditing. How AI identifies and prevents risks, above and beyond traditional methods. Techniques and analytics that protect customers and firms from cyber-attacks and fraud. Using AI to quickly and efficiently provide evidence for auditing requests.
Machine learning and cognitive computing for:
-Process and Financial Audit
-Data computing systems
-Tools and skills
Marilyn Bochicchio, Hidden Brain; Glen Fosella, Urban FT; John Rampton, Due; Om Kundu, InSpirAVE
Banking has been changing for years, from checks to ATMs to credit cards and now digital - so what comes next?
Join industry experts as they discuss the current state of banking in 2017, and what to look for in the rest of the year featuring:
- Moderator: Marilyn Bochicchio, Founder and CEO of Hidden Brain
- John Rampton, Financial Services Entrepreneur, Journalist and CEO & Founder of Due.com a digital wallet, payments and invoicing system.
- Glen Fosella, Acting CEO and EVP Enterprise Growth at Urban FT, a digital banking provider
- Om Kundu, CEO & Founder, InSpirAVE, a digital platform redefining how users are “saving more, faster” to afford big purchases without debt.
The Fintech industry has taken the financial world by storm, but does it have the legs to change it and keep those changes? Eric wants to know if this industry is here to stay, and talks to the people who are talking about Fintech to find out.
Kit Carson, Stephen Walker (Verdict Financial), Peter Gee (niu), Nigel Verdon (Railsbank)
Join this panel session where experts will discuss the following big trends to hit the retail banking space:
·Open banking – Spurred on by regulators, banks will implement plans to open their APIs to third parties, leading some banks to become marketplaces.
· Data analytics – Banks and fintechs will use wider access to transactional and other personal financial data to provide consumers with high quality insight and advice.
·AI – As artificial intelligence becomes more sophisticated, banks will make greater use of this technology, most obviously with chatbot applications.
· New entrants – More digital-only banks will launch or expand their presence in 2017, but customer acquisition will be a challenge.
·Channel use – Branch closure programs will accelerate, while mobile will continue to grow in functionality and popularity, albeit at a slower rate than before.
·Regulation – Regulators will pay increasing attention to the fintech sector as its growing size increases its potential to affect the market, for good or for ill.
Content and panel sessions for the Fintech community
We bring you topical content and relevant news on all things Fintech. Subscribe to this channel to hear from industry-leading experts on the latest trends in Fintech, digital banking, mobile payments, crowdfunding and more.