flwnet

Things we’re reading today include: Bank of England, Monetary Authority of Singapore, and Bank of Thailand to explore synchronised FX settlement across borders Why are so many people banking on Zopa? J.P. Morgan Becomes First Bank to Issue USD Deposit Token on a Public Blockchain ANZ’s ‘good news’ culture masking problems, bank review finds Discovery……

It is rare that bank mergers work due to IT systems. Lloyds has historically taken the approach of not bothering to migrate them; TSB, after leaving the Lloyds family, migrated to a Sabadell system and it cost them millions; Santander believes all acquired banks work on their Parthenon core system, although that has now been replaced……

This week’s main discussions include … Why bankers hate changing core systems It is rare that bank mergers work due to IT systems. Lloyds has historically taken the approach of not bothering to migrate them; TSB, after leaving the Lloyds family, migrated to a Sabadell system and it cost them millions; Santander believes all acquired banks……

Things we’re reading today include … Lloyds and Natwest shares fall in ‘perfect combination’ of fears Trump is Making it Easier to Become a Bank Hackers siphon $3 million in XRP from US user’s wallet George Osborne reportedly in running to be chairman of HSBC An independent Bank of England isn’t working SoFi Is Only……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……

My friend Rik Coeckelbergs wrote an interesting update about a speech by  Paul Maskall, Strategic Fraud Prevention and Behavioural Lead, UK Finance, at the Open Banking Expo. He specifically noted a question Paul asked the audience: “What’s the difference between fraud and marketing?” and thought that the only difference “lies in the endgame: whether the purpose……