IBSi podcasts for insights and discussions from the world of FinTech and Banking. Listen in to what’s trending in the ever-evolving financial industry.
Ian Manocha, CEO, Gresham Technologies In a series of interviews carried out at Sibos 2022, we focus on what’s hot in banking, banking technology, and fintech. Robin Amlôt of IBS Intelligence speaks to Ian Manocha, Chief Executive Officer of Gresham Technologies.
Conor Colleary, Group VP Financial Services, Oracle In a series of interviews carried out at Sibos 2022, we focus on what’s hot in banking, banking technology, and fintech. Robin Amlôt of IBS Intelligence speaks to Conor Colleary, Group VP Financial Services for Oracle.
Gudmundur Kristjansson [GK], Founder & CEO, Lucinity With large-scale adoption of AI tools on the rise and accelerated by Covid-19, financial institutions are turning to automation to enhance their business processes, including financial crime compliance. To produce the best results for fighting financial crime, humans and AI must work together, according to Lucinity, reflecting a concept known as augmented intelligence or human AI – the use of technology to supplement and support human inte...
Kareem Saleh, CEO & Co-Founder, FairPlay Fairness as a Service is a new concept being championed by FairPlay, with the aim of reducing algorithmic bias for people of colour, women, and other historically disadvantaged groups. Using artificial intelligence (AI) to identify bias in lending models, the idea is to identify more good borrowers – typically people who would otherwise be turned down for credit as a result of bias. This summer, the company announced a $10 million Series A funding rou...
Falk Rieker, Global Vice President and IBU Head for Banking, SAP SAP and Santander Corporate and Investment Banking (Santander CIB) partnered earlier this year with the aim of improving client-to-bank connectivity and providing their global clients with financial tools to help navigate supply chain disruptions and accelerate the decarbonisation of their industrial activities. In fact, Santander CIB became the first bank in the European Union to be a member of SAP Multi-Bank Connectivity in a dea...
Rizwan Shaikh, Director Sales, MENA & Asia, Expleo New financial technology is changing the way we work but making the technology work for the customer is paramount – and that means both working for the bank or financial institution and for the end customer, whether that consumer is an individual or a corporate. Rizwan Shaikh, Director Sales, MENA & Asia for Expleo, discusses the concept of humanisation with Robin Amlôt of IBS Intelligence and why software solutions must make sense to en...
Charles Damen, Chief Product Officer, Token Account-to-account payments now pose a genuine threat to debit cards – we review the use cases and benefits. At the same time, API maturity is accelerating and pushing the boundaries of open banking with premium APIs and value-added services, a key focus for the future with VRPs but one example. Robin Amlôt of IBS Intelligence discusses the issues with Charles Damen, Chief Product Officer of the open banking platform Token, which made history by conduc...
Ruchir Lahoty, Managing Director, MegaDelta Capital The fast-track growth of financial tools, and platforms in the post pandemic world has created a huge market growth opportunity allowing VC funding in the FinTech sector to slowly pick up. Ruchir Lahoty, Managing Director, Megadelta Capital discusses investment, trends, valuation, and the role of the investors in today’s climate.
Manish Maakan, Chief Executive Officer, iGTB Commercial Banking is on the cusp of fundamental shifts that will dramatically reorder the industry in the coming decade. As banks assess their future strategies, they need to define their purpose and set a course not just for modernisation, but for true transformation. Robin Amlôt of IBS Intelligence spoke with Manish Maakan, CEO of global transaction banking platform provider iGTB, about the ways in which commercial banking is changing and what that...
Tamás Erni, Chairman and Head of Sales, Loxon ; Ádám Kocsis, Head of Professional Services, Loxon With an uncertain macroeconomic outlook, lending institutions are coming under building pressure with loans threatening to turn problematic. The debt collection industry is also undergoing change – among the factors accelerating this transformation are changes in customer behaviour, inflation, unpredictable regulations, unforeseen shocks, pandemics, and wars. Business solutions provider Loxon has pr...
Gavin Maclean, Head of Payments, CIB, Lloyds Banking Group How is corporate banking changing? Trends that have been in place over the last decade were accelerated by the pandemic but what is happening now and next? And how are they changing a bank’s internal processes and the customer experience? Robin Amlôt of IBS Intelligence speaks to Gavin Maclean, Head of Payments, CIB at Lloyds Banking Group where he leads on the development and implementation of new payment and acquiring solutions....
Georges Archibald, Chief Innovation Officer & Regional Head of North America, Apex Group Traditionally, valuing real estate, private equity, infrastructure, and private credit assets has been an opaque and time-consuming process. Using blockchain and artificial intelligence offers the potential to increase trust in the underlying data and provide an auditable data trail. A trusted data layer could enable private market assets to trade more efficiently in secondary markets, increasing liquidi...
Niccolò Gamaleri, Senior Director, Royal Park Partners As the FinTech sector becomes increasingly regulated, and its funding base evolves, knowledge of regulatory requirements and financing solutions is crucial. Ex-Barclays Niccolò Gamaleri, recently appointed Senior Director at financial advisory firm Royal Park Partners, discusses how FinTech's continued growth is increasingly requiring the same investment banking skills as more traditional financial institutions, in terms of capital raises, M...
Anuj Kumar Sen, Co-Founder & CTO, Cuelebre AB Success in the implementation of AI and ML depends on having a foundation system that can scale and serve your data. Cuelebre is an end-to-end technology services provider that caters to data analytics needs. The company focuses on building strategies, architecting platforms, and deploying dashboards in the cloud or on-premises. Anuj Kumar Sen, Co-Founder and CTO, Cuelebre, speaks to Robin Amlôt of IBS Intelligence about the challenges involved a...
Jasmeet Chhabda, Senior Vice President, Lentra With the clear intent of creating a smoother digital lending process Lentra is offering new-age lending solutions to the Indian financial services sector. Jasmeet Chhabda, Senior Vice President at Lentra discusses how the firm has created a range of offerings across embedded journeys, BNPL, credit card journeys, small ticket loans, co-lending and more. He spoke to Puja Sharma of IBS Intelligence about trends in lending and how new-to-credit millenni...
Simone Mazzuca, Founder and CEO, Wallex How can the evolution of banking lead to more democratised financial services offered to a broader base of individuals that are in need of better banking? In this episode, Simone Mazzuca, CEO and Founder of Wallex, discusses how blockchain technology will transform banking as we know it. In his view, the bank of the future should embrace multi-currency fiat platforms, offer greater access to digital assets and develop fully compliant tools to help the user...
Omar Mansur, Enterprise Lead Global Projects, Codebase Technologies ; Dr Jasmin B Gupta, CEO & Co-Founder, LXME You can’t have one without the other! Embedded finance may be defined as offering access to a range of financial services and solutions via a merchant website on a customer journey that is not interrupted by the need to leave the site you are on to go to that of a financial institution. Banking as a Service (BaaS) is the technology solution that makes this seamless experience for t...
Arjan Verbeek, CEO & Co-Founder, Perenna The UK’s newest bank, Perenna, has been awarded a UK banking licence ‘with restrictions’ by the Prudential Regulation Authority and the Financial Conduct Authority. This is the penultimate step before a full banking licence is granted. When that happens, which the bank expects in Q1 2023, it will begin offering long-term fixed rate mortgages (30-year, 95% LTV) in the UK housing market. These are new products in the UK and with housing affordability a ...
Mahmood Shamsher Ali, Pakistan Country Representative, Alif Bank Alif is a Central Asian FinTech operating as a full-fledged bank in Tajikistan and as an e-commerce and FinTech company in Uzbekistan. The company, originally established in 2014, has a full banking licence in Tajikistan and a payments licence in Uzbekistan. It has also applied for a digital banking licence in Pakistan – one of 20 applicants for 5 licences on offer. Alif now has more than 1 million users and, for example, a market ...
Serge Tohme, Managing Director EMEA, Finastra , & Gary McDermott, Treasurer, The Co-operative Bank The Co-operative Bank selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. Finastra’s focus on ESG concerns fits with The Co-operative Bank’s stance on ethical banking. Moving from an on-premises model to a cloud-based managed service is a key part of the bank’s operational strategy for treasury...
Ellison Anne Williams, CEO & Founder, Enveil Privacy-enhancing technologies for secure data search protect data while it's being used or processed. The development of privacy-enhancing technologies is a hot topic for financial services. The UN estimates that up to $2 trillion of cross-border money laundering occurs each year. Greater information sharing and collaborative analytics among financial organisations could transform the detection of this activity in a secure manner without compromi...
Jacob Rider, Head of Payments, Projective November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards, payments, securities, FX and trade. Most banks, corporates and payments companies use SWIFT MT financial messaging for transactions, which will migrate over to the new system and eventually come to an end in 2025. Robin Amlôt of IBS Intellig...
Samantha Bamert, Founder & CEO of Ask Inclusive Finance According to The Rose Review, access to and awareness of funding was highlighted as the number one issue for female entrepreneurs. Women launch businesses with 53% less capital on average than men, are less aware of funding options and less likely to take on debt. In honor of Women’s Equality Day celebrated on Aug 26th, Samantha Bamers, the Founder and CEO of micro-lending firm Ask Inclusive Finance (AskIf), discusses how far the financ...
Chris Blackhurst, Author, Too Big to Jail ‘Too Big to Jail’, subtitled ‘Inside HSBC, the Mexican drug cartels and the greatest banking scandal of the century’ tells the story behind the record fine of $1.9 billion handed out to HSBC in 2012 by US authorities along with a deferred prosecution agreement with the US Department of Justice (there were no prosecutions). The fine related to money laundering activities between 2003 and 2010 on behalf of the Sinaloa drugs cartel in Mexico. Would modern c...
Liam Chennells, CEO & Founder, Detected Detected fills the KYB gap in the payments’ technology stack with a ‘Find Company’ algorithm that aims to find any registered company globally. The startup’s Connected Compliance API can search and locate business credit, corporate and director information from around the globe in seconds. Robin Amlôt of IBS Intelligence speaks to Liam Chennells, Founder and CEO of Detected.
Timo Lehes, Co-founder, Swarm Digitising financial products opens new opportunities for investment. Regulated multi-asset DeFi platform, Swarm, is helping its customer base diversify their portfolios with tokens representing asset classes from both crypto and traditional financial markets. IBSi’ Reporter Gaia Lamperti interviewed Swarm’s Co-founder Timo Lehes about the company’s approach to tokenisation and upcoming plans.
Tony Craddock, Director General, The Payments Association A report by The Payments Association suggests that FinTechs are increasingly focussed on ethical and sustainable growth. New paradigms such as ethical and sustainable growth (ESG) and stakeholder capitalism mean that FinTechs are seeking to strike a balance between profits and sustainability. The report, Sustainability Superheroes: a how-to guide to ESG for FinTechs , highlights the rules of business are changing, with data showing that t...
Eduardo Chazan, CEO, Collegia Meet your customers where they want to be, and the place they are likely to want to be in the future is in the metaverse. FinTechs and established financial services groups need to be considering their future communications strategy now. Eduardo Chazan, CEO of pensions FinTech Collegia, speaks to Robin Amlôt of IBS Intelligence. Collegia is the first pension provider in the UK to be authorised by the FCA to offer a pension that is both a personal and Auto Enrolment ...
Layla White, Founder, Tech Passport , & Isabel Pitt, Head of Core Services, Zopa Bank It is perhaps inevitable that the process of bringing a bank and FinTech to work together can be a slow one. But there are ways of making it run more smoothly and speedily. Robin Amlôt speaks to Isabel Pitt, Head of Core Services at Zopa Bank and Layla White (pictured), Founder of Tech Passport, a new suppliers’ marketplace, about how the collaborative process may be made quicker and easier for banks, suppl...
Stefano Vaccino, Founder & CEO, Yapily Over the last 12 months, open banking maturity has soared across Europe, according to new research published in Yapily’s annual European Open Banking League Table . The UK is leading the way for the second year running, with now 6 million active open banking users, as per the latest statistics from the Open Banking Implementation Entity (OBIE). Yapily’s Founder & CEO, Stefano Vaccino, expands on the findings’ relevance in conversation with IBSi’s Re...
