Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
A note from our new editor, Sharon Kimathi:
Incremental change does not often happen overnight, and as the 44th president of the United States, Barack Obama, puts it: “Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.”
From Nick Armstrong, CEO of Identitii’s, response to Leda’s feature on Open Banking, highlighting how it won’t change the world by itself, or Nadia Sood, CEO of CreditEnable’s, take on banks requiring a fresh approach to SMEs, to Kevin Flaherty, CEO of BLM Technology’s, plea for firms to update their systems on time for the Windows 7 wipe-out.
Although the fintech industry has played a vital role in shaping our lives today, such as tapping our phones for payments at the till or sending money to friends in number of innovative ways, the push to reach the next level never comes easy.
We often forget that these changes took a while to get acquainted with in the first instance. People were suspicious about paying for items online using their card details or reluctant to use a ‘challenger bank’ for their main account, but these things end up being the new normal.
To fully appreciate the upcoming initiatives such as Open Banking, APIs or digital currencies, we must all work together. “It’s a trend that banks need to keep up with and suggests that cooperation with the fintechs is no quick or easy fix, but it will need to be a deeper and longer-term relationship,” says Rajashekara V. Maiya, VP and global head of business consulting for Infosys Finacle.
Not just by coming together in conferences from Money 2020 to Sibos to reiterate the same vague platitudes, as our favourite insider, Leda Glyptis, writes that these events end up becoming “a family reunion of sorts”.
It becomes a place for the industry to gather and asks itself the same questions, without discussing how it enacted the points stated in previous conferences, what people are doing now and how its aims to achieve new goals by the next one.
This issue’s columnists have the same message – adapt or risk losing out. Glpytis suggests “talking to the new recruits, the fresh blood, the people who will see this transformation through its next phase,” to be better and effectively adapt to the new normal.
As one of the ‘new recruits’, I can honestly say that this industry is ready to take things to the next level.
The July/August 2019 edition of Banking Technology features:
Meeting the needs of a changing UK savings market.
Ex-bankers rip up the fintech unicorn rule book.
Sibos 2019 – let’s work together.
Payments industry all at sea over Brexit.
Take guard against sanction screening.
I’m just saying…
Dharmesh Mistry on the Amazonification of banking.
Friday 13th is coming: is banking ready with SCA?
The Win 10 Rush: beating the clock to upgrade PCs.
Food for thought
Dispatches from industry conferences.
Ask the expert
Practical, free advice on how to grow your business.
And not to forget the Regulars of course:
News – the good, the bad and the ugly.
Appointments – the movers and the shakers.
Industry events – mark your calendars!