Corporate Leaders

Financial institutions are turning away from single product vendors as they look to consolidate their regulatory compliance requirements with specialist RegTech firms that offer a suite of solutions, according to John Lee, President at Compliance Solutions Strategies (CSS).

The turbulent financial market is forcing companies to increase the scrutiny of their budgets. Rather than simply allowing hype to dictate their spending, firms are starting to see whether their initiatives are generating enough value. One of the areas that could be on the chopping block is public cloud, according to Joel Berwitz - Managing Consultant at technology transformation company CNNECT.

FinTech in Africa is not improving a traditional financial ecosystem, it is creating one. It is estimated that around 66% of the adult population on the continent is unbanked, but the time for change is now and FinTech is the way to do that.

The chairman of the US Federal Reserve Jerome Powell has claimed he is more worried about cyber risk than the possibility of another financial crash.

A lot of the current robo advisor offerings don’t actually give advice and instead provide consumers with guidance, according to Santander UK head of compliance Joel Viney in a research interview with FinTech Global.

It is hard for AI to be made accountable for an error, you need a human there to help support judgements made, according to a panel at the Global RegTech Summit 2019.

Opportunities are rapidly increasing for robo-advisers, but the market needs an ‘awful lot more collaboration’, according to a panel at the Global WealthTech Summit 2018.

It is an exciting time for the Insurance and InsurTech industry. Ahead of the Global InsurTech Summit on April 28, FinTech Global spoke to some notable leaders in the industry on what areas are most exciting, the technologies that are being implemented, and what they would like to see from the industry.

The UK may have been the European RegTech leader for years, but the question is if this could change because of Brexit.

With customer demands changing to become more focused on flexibility and personalisation, behavioural analytics is the key to help insurers meet this need.