Sibos 2024: A delicate balancing act – addressing the ‘speed vs security’ dilemma in cross-border payments
In today’s world, customers are constantly demanding faster and more convenient cross-border payments.
Oliver Wyman
UK financial services firms cautious but keen to adopt GenAI, new survey says
The study surveyed 23 members of UK Finance, including banks and non-banking financial services firms.
EXL, Corridor Platforms and Oliver Wyman partner up for new risk decisioning product
The solution leverages analytics, AI and cloud to deliver “instant” credit decisions to support digital lending.
Why central banks need to engage the private sector on CBDCs
Companies can help policymakers evaluate technology choices and design incentives to foster innovation and competition.
Six ways financial services will adapt to BigTech in the UK market
BigTech companies excel at giving customers what they want.
The greenfield approach: accelerating a new era of growth and innovation in insurance
The opportunity to drive change using the latest tools, methods, tech and partners.
Ex-Barclays CEO’s start-up gets backing from China’s Ping An
10X Future Technologies, the start-up founded by ex-Barclays CEO Antony Jenkins last year, will announce this week that it has raised more than £30 million in funding from Ping An Insurance and management consulting firm Oliver Wyman, according to Sky News. The deal will speed up 10X’s expansion, and is good news for Jenkins’ ambitions. […]
Euroclear and Oliver Wyman in blockchain unity call
Central securities depositary Euroclear and consultancy Oliver Wyman have issued a report on the use of blockchain, the distributed ledger technology that underpins Bitcoin transactions, in capital markets. The firms arguing that major existing players will have to work with newcomers to create a framework that operates between firms and under regulatory obligations. Blockchain and […]
‘Modular’ financial services set to benefit consumers
Financial services are becoming “modular”, with digital distribution platforms, new product providers, alternative sources of capital and a growth in outsourcing likely to reshape the industry, according to a new report by global management consultancy Oliver Wyman.
Coming in from the cold
Fostering innovation in financial technology has become a much more collaborative affair: global banking giants are courting small technology start-ups in the hopes of gaining a competitive edge in financial services …
Growth under threat from new Basel III, EMIR, Dodd-Frank regs
Regulation is driving a structural shift away from capital markets and investment banking towards transaction banking – but even this hint of opportunity could be under threat, according to senior financial services panellists speaking at the BAFT IFSA conference in London this week.
