The FStech Podcast

Rising awareness of data privacy among consumers has made secure identity verification essential for building customer trust, proving to them that the data fuelling a wide range of apps and digital services is securely stored and out of the reach of unscrupulous cyber criminals. However, for financial services firms, this secure exchange of data goes both ways: companies need to be sure that highl...

With rising demand for digital services and real-time decision making in financial services, there is a renewed focus on properly governed data as the fuel for this transformation - and the world of investment and asset management is racing to catch up. Following the arrival of on-demand culture, with employees able to call up the data, movie or product they need at the touch of button on Amazon o...

As the pandemic moves employees as well as their devices and their workloads into remote locations, the cyber criminals have followed them there. As a result, a company is only as safe as the weakest link in its network, and must identify it before the attackers can exploit it. And as surging demand for online financial services accelerates digitisation across the industry, it is not just users, a...

The Coronavirus recession has made banks increasingly reluctant to provide accounts and finance to small businesses - apparently down to the higher regulatory burden and a perception that SMEs are riskier and more resource intensive. This presents a huge problem for legitimate businesses, as it disrupts their business continuity and growth. A multitude of FinTech firms are seizing the opportunity...

As financial services organisations are forced to accelerate digital transformation initiatives to meet consumer and colleague demand for mobile and remote access to apps and sites, many are moving their tech and culture to DevOps. Development and operations have never been more crucial to the running of a modern financial firm, then throw in the rising need for cyber security protections and you'...

Financial services firms are increasingly striving to hit that sweet spot between security and usability, giving a seamless user experience (UX) while protecting them from harm online. As we all spend more time at home during the pandemic - rather than in the office or visiting a bank branch - it becomes all the more important to get the amount of friction right. More than anything, it's crucial t...

Now more than ever, having a clear view of customer information can be the difference between success and failure in the modern financial services marketplace. With teams and technology stretched to the limit, not to mention company budgets, it's crucial to make the most of the data assets you already have. But even for less legacy-burdened firms, this can be distributed across a variety of differ...

The Coronavirus crisis has accelerated the rate of digital transformation within financial services, with companies from incumbent institutions to disruptive startups making sure they have the tech infrastructure to cope with increased online demand. But one often overlooked factor in these strategic shifts is the role of Internet Exchange Points, with more and more FinTech firms looking to take c...

Legacy IT systems are still common across financial services, but the recent lockdown-driven shift to online banking has meant many are being stretched to their limits by digital demand. This, coupled with the fact that most are on-premise - requiring physical maintenance in a time of remote working - means that the scale and complexity of IT upgrade projects has also increased recently. One parti...

While the Coronavirus crisis means regulators have taken a step back in recent months, the cost of non-compliance remains high for banks of all shapes and sizes. Be it Anti-Money Laundering directives, Strong Customer Authentication, the Basel III reforms or General Data Protection Regulation, it is crucial to have the right systems and processes in place. Data management is the key theme running...

The last six months have been some of the busiest ever for chief information officers, who have had to deal with the challenge and opportunity of one of the largest surges in technology investment in history – with companies spending around $15 billion extra a week on tech. That's according to the latest research from Harvey Nash and KPMG, which surveyed more than 4,200 IT leaders, who preside ove...

Open Banking has been active in the UK since the start of 2018, with consumers starting to realise the benefits of easier account aggregation and data sharing between banking apps. But take-up has been mixed across different areas of the industry and end-user concerns still remain around security and privacy. Open Banking solutions provider Yolt Technology Services recently researched the topic, u...

With everyone from the chief executive to the graduate recruit now working from home, there has been a significant spike in the instance of authorised fraud during the Coronavirus lockdown. As staff are unable to go through the normal security checks, cyber criminals have been taking advantage of dispersed teams and playing people off one another with scam emails purporting to be from senior manag...

As financial fraud methods evolve, so must the techniques used to detect and defend against them - so as fraudsters automate their hacking, financial services firms are looking to artificial intelligence technology to protect customer data. Machine learning is one of the most effective ways of combatting such crime, but many businesses don't feel like they have the expertise to implement such solu...

Digital transformation strategies have accelerated during the Coronavirus crisis across all financial services sectors, but none perhaps more so than those defending against money laundering. As criminals look to take advantage of increasingly online consumers and disparate workforces, it has never been more important to get a holistic view of risk, with the technology to back that up. This podcas...

As many of the world's companies are forced to embrace remote working, new challenges are being met in terms of building trust and developing partnerships virtually. When the task is implementing complex regulatory technology solutions, the problems of no face-to-face contact mean managing expectations and making decisions are all the more difficult. But for many financial services firms, this is...

As IT teams around the globe attempt to transition towards a new normal, the upheaval has created opportunities that cyber criminals have been eager to exploit. Many financial services firms are starting to think about how they will respond when, rather than if, a data breach occurs. This podcast features a conversation between FStech editor Peter Walker and Viavi Solutions senior product manager...

How are financial services firms battling fraud and keeping up with new regulations, while continuing to innovate in the current landscape? This podcasts brings together a mix of experts to look at how technology can help with compliance as the threats, costs and competition continue to evolve.