Name: Why open source is a critical ingredient for open banking
Start: 2018-11-14T15:00:00Z
End: 2018-11-14T15:34:19.000Z
Location: BrightTALK
Rating: 5

FinTech Futures is the definitive source of news and analysis of the global fintech sector, open to worldwide community – from the industry veterans to those just entering the space, and everyone in-between!

We provide daily news, in-depth analysis and expert commentary across a comprehensive range of areas:

FinTech
Banking Tech
PayTech
RegTech
WealthTech
LendTech 
InsurTech

Our broad readership and solid reputation, combined with in-depth coverage across fintech on a worldwide scale, makes us the leading resource for technology buyers, sellers, developers, integrators and other specialists across the sector.

Hello Reader,

SWIFT gpi is the future of cross border payments. As the trend continues toward global interoperability between financial institutions, banks urgently need to improve their ability to move money quickly, transparently and in a cost-effective manner while optimizing intraday liquidity. Today, over 56% of all SWIFT payments already pass through gpi.

To modernize their payments capabilities and capitalize on these benefits, banks need to make SWIFT gpi available to their customers, and fast; the deadline to comply with the confirmation of payee mandate is November 2020. Additionally, there are compelling reasons to go beyond just compliance to take full advantage of what gpi has to offer.

In the webinar Modernizing Your Payments Business with SWIFT gpi we’ll explore:

The benefits of gpi and latest information on the network
The pros and cons of different approaches to meeting the compliance date and connecting to SWIFT gpi

Real world examples of banks that have connected to the network and their experience with gpi

Modernizing Your Payments Business with SWIFT gpi

Financial wellness seems like an impossible dream for many in the UK. 

With 11.5 million people having less than £100 or no savings at all, 9 million using credit to pay bills, 5 million children not receiving a meaningful financial education, and 22 million unsure how to plan for retirement, becoming financially well is no small task.

In an effort to increase financial wellness, the Money and Pensions Service (MaPS) recently launched the UK Strategy for Financial Wellbeing. 

Join the upcoming webinar hosted by FinTech Futures where Brian Costello, VP, Data Strategy and Strategic Solutions at Envestnet | Yodlee, Sanj Champaneria, Co-Founder at The Pension Lab and Samantha Seaton, CEO, Moneyhub, will discuss this bold new strategy, how other FinTechs are promoting successful money management, and other innovative ways to make financial wellness happen.

Get tools and tips for promoting financial wellness in 5 key areas:   

• Financial Foundations: Deliver effective and meaningful financial education 

• Nation of Savers: Make it easy for people to develop a savings habit

• Credit Counts: Increase access to affordable credit plus better tools for managing it

• Better Debt Advice: Deliver high-quality debt advice when it’s needed

•  Future Focus: Empower consumers to make informed decisions for their future

Investing in the UK’s Financial Wellbeing Strategy: 5 Agents for Change

Join Seismic and FinTech Futures, and guest speaker Dharmesh Mistry, to learn more about the investments that Banks are making in enabling their client-facing teams. 

These teams, particularly Relationship Managers, are the messengers of your Bank’s brand and product offering to clients.

Now, it is as important as ever to ensure these teams are as educated, efficient, and effective as possible when interacting with clients and potential clients.

RMs, Treasury Sales, and other product specialists should be up to speed on the Bank’s products, position relative to competitors, and brand messaging. They should also be supported with the tools and resources to communicate this information to clients, within the guardrails of compliance. 

After this webinar, you will walk away with:
• An understanding of enablement trends in Banking
• A prioritization framework for technology investments
• Details on how to enable your client-facing teams to deliver a better client experience

How to help your Relationship Managers outperform their competition

Improving your operational efficiency is on the forefront of competitive advantages. And it’s your leadership that is helping you thrive in this hyperconnected world. But could you be doing more? Should you be considering different approaches?

Join us for this virtual firechat chat from Sibos with Red Hat and FinTech Futures and learn:

•Steps taken to improve the design of their payment operational processing
•Strategic tips and lessons learned in building and executing payments strategy
•How technology that simplifies complexity can also help create a more agile culture?

Why operational excellence in payments is critical to your future success

Banks are facing increased commoditization pressure. In order to combat that pressure, they are focusing on improving their product offering to compete with peers, but also focusing on enabling their client-facing teams to deliver a differentiated client experience.

To achieve both of those goals, Banks are ramping up their spend on technology investments to stay ahead of competition, but struggle to prioritize where to invest, whether to build or buy, and how to measure success.

Join Seismic and FinTech Futures, and guest speaker Dharmesh Mistry, to learn more about the investments that Banks are making in enabling their client facing teams. 

These teams, particularly Relationship Managers, are the messengers of your Bank’s brand and product offering to clients.

Now, it is as important as ever to ensure these teams are as educated, efficient, and effective as possible when interacting with clients and potential clients.

RMs, Treasury Sales, and other product specialists should be up to speed on the Bank’s products, position relative to competitors, and brand messaging. They should also be supported with the tools and resources to communicate this information to clients, within the guardrails of compliance. 

After this webinar, you will walk away with:
•An understanding of enablement trends in Banking
•A prioritization framework for technology investments
•Details on how to enable your client-facing teams to deliver a better client experience

Drive differentiation from your competition

AEVI at Money20/20 USA: The ultimate merchant experience

The ultimate merchant experience is so much more than a payment device! AEVI’s Nicky Koopman elaborates on what smart POS is and how to get the most of this new “business-in-a-box” proposition.

* Maximising the business opportunities with digital/mobile and turning a payment device into an actual business tool
* The benefits for merchant acquirers as they move from just payment processing to offering a full suite of solutions
* Tools within AEVI’s solution that independent businesses can use to successfully compete, such as an built-in loyalty system
* How to handle the changes – including the mentality shift – that are happening both externally and within the organisation

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

Follow us on Twitter: @FinTech_Futures

AEVI at Money20/20 USA: The ultimate merchant experience

The FinTech Futures weekly round-up 

This week we cover:

* Italy’s largest bank UniCredit to cut 8,000 jobs by 2023 to reward shareholders
* China gears up digital yuan with potential digitisation of ID cards ahead of 2020 launch
* Ant Financial to raise $1 billion fund for Southeast Asian and India start-ups
* South Korea to launch open banking system this month
* Mexican lendtech start-up Konfio bags $100m investment led by SoftBank

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

FinTech Futures Weekly Roundup #49

In conversation with Mark Nicholson, VP of digital and innovation at Tangerine, and Andrew Harper, head of rewards partnerships at Meniga .

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

Follow us on Twitter: @FinTech_Futures

Money20/20 USA: How Tangerine champions personalised digital banking with Meniga

Technological advances in digital ID verification, e-signature and risk analytics are transforming the way financial service providers are able to interact with their customers. 

Mobile banking innovators are increasingly leveraging these new technologies to fully digitize their processes, enabling them to deliver new and faster mobile services.

In this webinar, we will explain how to deliver a frictionless and secure mobile-first experience, starting with new account opening. 

We will discuss how digital account opening can be extended from the online to the mobile channel.  

Yet, with opportunity comes risk. As mobile threats increase in prevalence and sophistication, more financial institutions are turning to application security technologies such as app shielding – and quickly implementing it without impacting dev resources. 

Join Tim Bedard, Director Product Marketing and Samuel Bakken, Senior Product Marketing Manager at OneSpan as we: 

• Learn how to get started with mobile account opening 
• Gain a clear understanding of mobile ID verification and other mobile tech 
• Get market data to support your case for mobile transformation 
• Learn best practices for mitigating mobile threats

Register now!

How to keep pace with mobile innovators and challenger banks

FinTech Futures live from Money20/20 in Las Vegas with Haytham Kaddoura, CEO of SmartStream.

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

Follow us on Twitter: @FinTech_Futures

Money 20/20 - SmartStream - Haytham Kaddoura, CEO

Each year, banks and insurers generate billions of customer communications with one simple goal: a more personalized experience for customers. And yet, they are being held back by legacy technologies that are expensive, outmoded, and cannot address new delivery channels or modern privacy and security regulations. Learn how to modernize your customer communications.

In this #FinovateWebinar with Nuxeo we learn how your peers are modernizing print management in today’s age of privacy. We will cover how to: 

- Replace expensive printing and posting with digital delivery and a “mobile first” strategy
- Modernize antiquated and expensive legacy print management solutions
- Manage and maintain compliance with regulatory requirements, such as GDPR and the California Privacy Act
- Delivers consistent customer service for the print impaired ensuring compliance with Section 508, AMA, AODA, the UK Equality Act

Featuring:
Chris McLaughlin, Chief Marketing Officer, Nuxeo
Tim Nelms, Vice President International, Crawford Technologies

Next-Generation Customer Communications Management

Making the most of cloud migration – Expert Advice from Bill Cunningham, Endava (Part 2)

Download some more insights- https://www.fintechfutures.com/2019/10/ebook-accelerating-banking-efficiency/

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

Making the most of cloud migration (Part 2)

Making the most of cloud migration – Expert Advice from Bill Cunningham, Endava (Part 1)

Download some more insights- https://www.fintechfutures.com/2019/10/ebook-accelerating-banking-efficiency/

For more fintech news, please visit https://fintechfutures.com or sign up to our daily newsletter here: http://bit.ly/2Ulw1aS

Follow us on Twitter: @FinTech_Futures

Making the most of cloud migration (Part 1)

Technology advancements and the proliferation of consumer apps have created a new customer experience paradigm that is changing how people are using credit cards. 

Customers expect brand interactions to feel like a dialogue, one that is relevant, timely and personal to them; regardless of whether that's online or offline.

Join us for this webinar to learn more about:

- The customer experience paradigm shift, from episodes to journeys
- How to leverage the power of contextual marketing to enhance the cardholder lifecycle
- How to optimize your cardholder lifecycle management

Revolutionizing Credit Cards: How to Deliver Value Through Context

With the increase in pressure on Banks and FIs to secure transactions and customer data, the prevailing question becomes, how to ensure the account opening process is as seamless as possible.

As demonstrated by the Aite Group statistics, high abandonment rates are abundant, lying between 65% and 90%, and it falls to the service providers to implement digital solutions to minimize friction and quickly acquire new customers.

The combination of digital identity verification and e-signature technologies can be used to great effect to not only combat cart abandonment but to support new customer acquisition. And once the account opening process has been a success, retention becomes a much brighter proposition also. 

Banks must make sure the protection of customer data doesn’t come at the expense of the user experience and convenience. Achieving this is not without its challenges, however. And satisfying KYC and AML regulations is no mean feat, as increasing amounts of data means increasingly sophisticated and intelligent methods of protection, all of which needs to be dealt with invisibility without slowing or impeding the customer experience. 

Join this webinar from Fintech Futures, in association with OneSpan, to hear experts discuss:

-Best practice principles around digital account opening

-How to implement digital identity verification and e-signature solutions and secure customers data

-How to ensure a consistent user experience throughout the digital customer journey

-Navigating increasingly stringent KYC and AML rules and how to acquire new applicants quicker

Accelerating New Customer Acquisition with Digital Account Opening Best Practice

A regularly refreshed library of stolen user credentials, attack management toolkits and a delivery infrastructure that masks identity and location allow bad actors to launch large scale, automated attack campaigns against your public facing applications. 

By targeting the application APIs directly, as opposed to the web forms, attacks such as account takeovers and fake account creation can remain undetected by existing security solutions, quietly leading to fraud and reputational damage to the target organizations. 

In this webinar, Matt Keil, Director of Product Marketing, Cequence and Alissa Knight, Senior Analyst, Cyber Security, Aite Group as they discusses the exposure unprotected APIs represent and how these automated attacks take full advantage of Bulletproof Proxies, a rapidly growing class of infrastructure providers that have taken the concepts of anonymity and availability found in Bulletproof Hosting and extended them to the delivery infrastructure required to launch automated bot attacks. Topics to be covered will include:

- Common automated attacks targeting financial services
- Mobile application security risks hiding in plain sight
- What a Bulletproof Proxy is and why it matters
- How Bulletproof proxies came to be and their place in the cyber community

Listen now!

The Underpinnings of Bad Bots and their Impact on Financial Services Customers

Each year billions of documents are produced by the banking industry in the US and Europe. These documents include statements, notices, correspondence, and bills that are essential to managing relationships with customers. 

However, many banks still rely on legacy print management solutions that cost millions of dollars in maintenance every year, haven’t been updated in over 2 decades, don’t support modern digital access methods like mobile, and most importantly, they don’t conform to modern privacy and security regulations.

Join this #FinovateWebinar with Chris McLaughlin, Chief Marketing Officer at 
Nuxeo, and Tim Nelms, Vice at Crawford Technologies to learn how your peers are modernizing print management in today’s age of privacy. We will cover how to: 

- Replace expensive printing and posting with digital delivery and a “mobile first” strategy
- Modernize antiquated and expensive legacy print management solutions
- Manage and maintain compliance with regulatory requirements, such as GDPR and the California Privacy Act
- Delivers consistent customer service for the print impaired ensuring compliance with Section 508, AMA, AODA, the UK Equality Act

Unlock Print Stream Data to Improve CX and Reduce Costs

Join this Fintech Futures webinar in association with OneSpan on 27 June 2019 at 2PM UK time and hear expert speakers discuss how the emergence of secure digital identity solution is irrevocably linked to successful customer engagement strategies and the transformation of financial institutions. 

Customer identity verification during the account opening process is one of the fastest growing business requirements for financial institutions. Whether to satisfy Know Your Customer and prevent fraud in an account opening process or as evidence for electronic signature. 

In an interconnected world, consumers expect to manager their financial affairs digitally, seamlessly, in real-time through their channel of choice. This requires banks to embrace different strategies for each, especially where the applicant is not face-to-face.

Account Opening: Do You Know Your Customer?

Net new revenue can only come from net new offerings. Expanding the landscape by embedding services into daily activities brings financial transactions into context for customers.

Inclusion in broader ecosystems, to drive innovative services that impact the top line - is founded in open source projects, principles and practices. 
 
In this session, learn:

- Where innovation in open source is leading the way
- Why safety and trust will become more critical than ever
- How open platforms are creating new value streams

SPEAKER
Alessandro Petroni, Global Director of Strategy and Solutions, Red Hat Financial Services

MODERATOR
Henry Vilar, Reporter, FinTech Futures

Why open source is a critical ingredient for open banking

Fintech

open banking

Effective financial management strategies can help organizations meet their business objectives. The financial management community on BrightTALK is made up of engaged finance and accounting professionals. Find relevant webinars and roundtable discussions featuring financial planning advice from industry thought leaders and insights into optimizing financial reporting, accounting, risk management and value measurement.

Financial Regulation

Get powerful banking and treasury insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on hot topics such as digital banking, payments disruption and non-bank competition. Learn how the latest treasury management strategies are helping to mitigate operational, financial and reputational risk.

Banking and Treasury

Get powerful financial planning and analytics insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge and drive optimal financial performance for your company.

Financial Planning and Analysis

Get powerful venture capital insights from influential investment experts. Connect with thought leaders and colleagues to get the most up-to-date knowledge and understand market trends and investment opportunities.

Venture Capital

Join this new, vibrant community to learn and connect with top thought leaders, startups and banks who are disrupting the financial services industry. Keep up with the latest news and trends in Fintech and take part in lively debates on topical issues and challenges.

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

Why open source is a critical ingredient for open banking

Presented by

About this talk

More from this channel