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Podcast Archive - FStech
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class="col-md-9"> <!-- Begin .outer --> <div class="outer"> <div class="breaking-ribbon"> <h4>Latest News</h4> </div> <!-- Begin .newsticker --> <div class="newsticker"> <ul> <li> <h4><a href="/fst/MPs_Publish_Damning_Report_Calling_FCA_Incompetent_And_Dishonest.php"> MPs publish damning report calling FCA 'incompetent' and 'dishonest'</a></h4> </li> <li> <h4><a href="/fst/Hsbc_rolls_ou_new_bnpl_service_to_ovo_customers.php"> HSBC rolls out new BNPL service to OVO customers</a></h4> </li> <li> <h4><a href="/fst/BNY_Introduces_New_Buyside_Platform.php"> BNY introduces new buy-side platform</a></h4> </li> <li> <h4><a href="/fst/Revolut_reveals_2025_vision_featuring_ai_assistant_mortgages_and_atms.php"> Revolut reveals 2025 vision featuring AI assistant, mortgages, and ATMs</a></h4> </li> <li> <h4><a href="/fst/UniCredit_Makes_Surprise_Bid_For_Banco_BPM.php"> UniCredit makes surprise bid for Banco BPM in Italian banking shake-up</a></h4> </li> <li> <h4><a href="/fst/ZA_Bank_Launches_Cryptocurrency_Trading_In_Asia_First.php"> ZA Bank launches cryptocurrency trading in ‘Asia first’</a></h4> </li> </ul> <div class="navi"> <button class="up"><i class="fa fa-caret-left"></i></button> <button class="down"><i class="fa fa-caret-right"></i></button> </div> </div> <!-- End .newsticker --> </div> <!-- End .outer --> </div> <div class="col-md-3"> <form name="search" id="search" action="/fst/search.php" method="POST" class="main-search"> <div class="input-group content-group"> <input type="text" class="form-control" placeholder="Search" title="Search" id="querystring" name="querystring"> <div class="input-group-btn"> <button type="submit" class="btn bg-red btn-icon"><i class="fa fa-search"></i></button> </div> </div> </form> </div> </div> <!--========== END .BREAKING-NEWS ==========--> <!--CONTENT AD 2--> <div class="row no-gutter"> <div class="col-md-12"> <div id="adbannerwrapjs"><a href="https://www.fstech.co.uk/fst/link.php?url= https://www.fstech.co.uk/fst/keeping-good-company-streamlining-client-onboarding-with-CDI/" target="_blank"><img src="https://www.fstech.co.uk/../../fst/images/Chartis-MIR-728x90150x1124.png" border="0""></a></div> </div> </div> </div> </section> <!--========== END .MODULE ==========--> <!--========== BEGIN .MODULE ==========--> <section class="module"> <!--========== BEGIN .CONTAINER ==========--> <div class="container"> <!--========== BEGIN .ROW ==========--> <div class="row no-gutter"> <!--========== BEGIN .COL-MD-7 ==========--> <div class="col-md-7"> <!--========== BEGIN .POST ==========--> <div class="post post-full clearfix"> <div class="title-left title-style04 underline04"> <h2 style="font-weight: 500;line-height: normal;font-size: 3rem;"> Podcast Archive </h2> </div> <div class="entry-main"> <div id="mainLeftVideoArchives"> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"> <center> <strong>Subscribe to <br>The FStech Podcast</strong><br> <br> <a href="https://podcasts.apple.com/us/podcast/the-fstech-podcast/id1518303043" target="_blank"><img src="/fst/images/apple-podcast-badge-300-1221-ir.png"></a> <br><br> <a href="https://open.spotify.com/show/1KHV6GdzWbfhhVw85PbDsc" target="_blank"><img src="/fst/images/spotify-podcast-badge-300-1221-ir.png"></a><br> <br> <!--<a href="https://podcasts.google.com/search/fstech"><img src="/fst/images/google-podcast-badge-300-1221-ir.png"></a><br> <br> --> </center> </div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">The human firewall: Activating employees to safeguard financial data</div> <div class="podcastdescription">As financial services increasingly embrace SaaS and cloud-based technologies, they face emerging threats to safeguard sensitive customer data. While comprehensive IT security measures are essential, the active involvement of employees across organisations is pivotal in ensuring the protection of sensitive data.<br /> <br /> In this insightful discussion, FStech editor Jonathan Easton engages with Rich Vibert, co-founder and CEO of Metomic, to delve into strategies empowering financial firms to encourage their employees to champion robust data security. The conversation explores the synergy between technology and human involvement to establish a human-centric approach to data security, ultimately enhancing the most powerful and scalable prevention mechanism: the employees.<br /> <br /> Rich sheds light on the advantages of achieving clear visibility, discovery, and classification of risks, coupled with the implementation of automated security policies. This approach enables the human firewall, fortifying financial services firms with a defence-in-depth data security strategy.<br /> <br /> This conversation was originally recorded as a video interview, which can be watched in full on the FStech website.</div> <audio controls> <source src="/fst/podcast/metomic-podcast-FStechFSChat.mp3" type="audio/ogg"> <source src="/fst/podcast/metomic-podcast-FStechFSChat.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 13/05/2024</span> </div> </div> </div> <br> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Beyond greenwashing: how FSIs should approach their ESG strategy</div> <div class="podcastdescription">Consumers are increasingly aware of their carbon footprint and are making purchasing decisions based on the perceived ethics of firms they deal with. This also applies to their banks, insurance companies and pension firms. <br /> <br /> The financial services industry cannot escape this demand for greener services and pressure is growing on FSIs to be fully transparent with their data and reporting. Should their ESG credentials fall short of the mark, they risk losing the trust of customers or coming under scrutiny from the regulator.<br /> <br /> In this FStech podcast Shipra Gupta, Investments Stewardship lead at Scottish Widows, talks about some the challenges facing financial services institutions when dealing with ESG issues.<br /> <br /> She also examines some of the ways FSIs should tackle their ESG strategy and make sure it makes an impact.</div> <audio controls> <source src="/fst/podcast/FSTech_ScottishWidows_final.mp3" type="audio/ogg"> <source src="/fst/podcast/FSTech_ScottishWidows_final.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 22/04/2024</span> </div> </div> </div> <br> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Unlocking the future of banking: Building unified omnichannel customer journeys</div> <div class="podcastdescription">Financial services institutions in 2024 face immense pressure to deliver seamless digital banking experiences across all channels. <br /> <br /> Customer expectations have reached an all-time high, with a recent McKinsey survey revealing that 89 per cent of consumers now engage in mobile banking and demand a consistent experience across physical, web, and app interactions.<br /> <br /> But while consumers demand excellence, aging infrastructure, data silos, and security risks make this level of omnichannel experience delivery a monumental challenge for financial institutions. <br /> <br /> In this FStech podcast, Jaspreet Sandhu, solutions engineer for FSI and UKI Healthcare at Riverbed Technology talks about how FIs can unlock the future of banking through seamless digital experiences while ensuring their systems<br /> still meet the highest bar for security and compliance. <br /> <br /> Sandhu also discusses the transformative potential of AI for omnichannel personalisation, while also examining how FIs can overcome obstacles to gaining a unified view of customers, and better compete with digitally native FinTech challengers.</div> <audio controls> <source src="/fst/podcast/Riverbed-podcast-12-03-final.mp3" type="audio/ogg"> <source src="/fst/podcast/Riverbed-podcast-12-03-final.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 22/03/2024</span> </div> </div> </div> <br> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Exploring DORA: What the landmark regulation means for financial institutions</div> <div class="podcastdescription">In this FStech Podcast, Michael Bratton, Principal Consultant at Riskonnect, joins FStech Editor Jonathan Easton to examine the Digital Operational Resilience Act (DORA) – what it is, its impact on the financial services sector, and what financial institutions should do to ensure their compliance.<br /> <br /> In an in-depth presentation on the subject, Bratton drills into the details of why the European Commission is introducing this long-awaited piece of legislation and its proposed benefits for the financial services sector. He also discusses how financial services institutions can and should be using this as an excellent opportunity to review their operational resilience, continuity planning and risk management.<br /> <br /> The podcast also includes a conversation between FStech and Riskonnect’s Bratton looking at the implications of DORA for the way financial institutions manage their third-party relationships, how the regulation accounts for the rapid pace of technological change and its impact on operational risk, strategies for how financial institutions can ensure DORA compliance without sacrificing agility, and much more.<br /> <br /> This FStech Podcast was originally recorded in 2023 as a webinar which can be accessed in the show notes on the podcast page.</div> <audio controls> <source src="/fst/podcast/Riskonnect-Dora-Podcast.mp3" type="audio/ogg"> <source src="/fst/podcast/Riskonnect-Dora-Podcast.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 04/03/2024</span> </div> </div> </div> <br> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Data Streaming and Consumer Duty: Transforming customer experience in banking</div> <div class="podcastdescription">Introduced at the end of July, the Consumer Duty is a game-changing new set of rules and guidance for financial services institutions in the UK, and companies must look to modernise their systems in adherence with it in mind to create the best customer experience possible</div> <audio controls> <source src="/fst/podcast/Confluent-DataStreamingAndConsumerDuty.mp3" type="audio/ogg"> <source src="/fst/podcast/Confluent-DataStreamingAndConsumerDuty.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 20/02/2024</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Safeguarding economies: DNFBPs' role in AML and CTF compliance explained</div> <div class="podcastdescription">Join FStech editor Jonathan Easton and Adam McLaughlin, global head of Financial Crime Strategy & AML SME at NICE Actimize and Graham Mackenzie, head of AML at the Law Society of Scotland.</div> <audio controls> <source src="/fst/podcast/SafeguardingEconomies-podcast-v2.mp3" type="audio/ogg"> <source src="/fst/podcast/SafeguardingEconomies-podcast-v2.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 31/01/2024</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Confidential Computing in finance: Bridging innovation, security, and regulation</div> <div class="podcastdescription">Increasingly sophisticated cyberthreats from malicious actors are targeting financial institutions more and more, while ever-growing regulatory commitments – including the Digital Operational Resilience Act (DORA) introduced earlier this year – are compounding the number of issues which security professionals are having to keep on top of to ensure smooth operations. <br /> <br /> It is for these reasons that top banks and other financial services institutions (FSIs) are turning to confidential computing – a term which refers to the use of advanced technology and security measures to protect sensitive financial<br /> data and computations from unauthorised access or exposure, even when it's being processed or analysed in external or third-party environments. <br /> <br /> In this FStech podcast, FStech editor Jonathan Easton is joined by Dr. Richard Searle. vice president of Confidential Computing at Fortanix, to discuss why the technology is emerging as a critical component of modernising financial services and its ability to help FSIs strike a balance between innovation and security in an increasingly interconnected and data-driven industry.</div> <audio controls> <source src="/fst/podcast/FortanixPodcast7thSeptember-2023-Edit.mp3" type="audio/ogg"> <source src="/fst/podcast/FortanixPodcast7thSeptember-2023-Edit.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 21/09/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">The impact of rising costs on affordability for small businesses in the UK</div> <div class="podcastdescription">After a long period of low interest rates, we’ve recently seen unprecedented rises in the Bank of England base rate to levels not seen in more than a decade causing significant concern for consumers which is being compounded by the ongoing cost-of-living crisis.<br /> <br /> While the implications of current economic uncertainties are grabbing headlines for how household finances are being affected, underreported is the impact these uncertainties are having on businesses which might not be able to absorb these temporary operating cost increases.<br /> <br /> In this latest FStech podcast John Griffiths, Market Engagement Director, Credit & Risk, Business Information at Experian, discusses the company’s latest Affordability Report which outlines how rising costs have impacted small businesses in the UK and that while we may be seeing increasing interest rates, economic performance has been resilient, despite the challenges of the latter half of 2022.</div> <audio controls> <source src="/fst/podcast/ExperianPodcast1stAugust2023.mp3" type="audio/ogg"> <source src="/fst/podcast/ExperianPodcast1stAugust2023.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 05/09/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Future-proofing CX in finance: Trends, technologies, and strategies</div> <div class="podcastdescription">The role of a financial institution’s approach to customer experience (CX) is something which should never be underestimated. With the wealth of options available to customers in 2023 – whether they are consumers or enterprise – banks, insurers and other financial institutions need to look for ways that they can stand out from the crowd.<br /> <br /> The latest State of Customer Experience Europe repor from Genesys presents a fascinating and illuminating insight into this area and “uncovers how rapidly shifting customer preferences and declining satisfaction with digital channels are creating mounting business risks for organisations worldwide.”<br /> <br /> In this FStech podcast, David Porter, Industry Director of Global Financial Services at Genesys joins FStech Editor Jonathan Easton to discuss the report’s findings, examine where banks are falling behind in CX and answer how they can set themselves apart by prioritising the wants and needs of their customers.</div> <audio controls> <source src="/fst/podcast/Genesyspodcast5thJune2023.mp3" type="audio/ogg"> <source src="/fst/podcast/Genesyspodcast5thJune2023.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 22/06/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Tackling cybercrime at the root – the importance of prevention in financial cybersecurity</div> <div class="podcastdescription">While cyber crimes are a reality that cyber professionals in the financial sector have had to and will continue to live with, bank fraud teams have long been focusing on analysing instances of fraud after they happened. There is however now growing momentum for financial institutions to take a more proactive approach to preventing cyber threats before they can take hold.<br /> <br /> In this podcast, Dr. Trevor Human, Director of Professional Services at HID Global, joins FStech Editor Jonathan Easton to discuss how financial institutions can be proactive in their approach and how can they prevent cyber attacks on their infrastructure.</div> <audio controls> <source src="/fst/podcast/HIDglobalPodcast-24thApril-2023.mp3" type="audio/ogg"> <source src="/fst/podcast/HIDglobalPodcast-24thApril-2023.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 11/05/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Evolving opportunities for digital leaders in financial services</div> <div class="podcastdescription">There are a number of key challenges facing organisations looking to establish themselves as digital leaders in the financial sector, but fundamentally it boils down to two key factors: technology, and mindset.<br /> <br /> The first is a question of how FSIs can excel and exploit the opportunities in the market if you don’t have the right equipment. The second comes down to a wider shift in approach and attitudes to truly disrupt the market.<br /> <br /> In this podcast, FStech Editor Jonathan Easton and Hector Arias, Banking Sector Global Lead, at enterprise open source software leader Red Hat discuss the findings of company’s recently published report, Evolving Opportunities for Digital Leaders in Financial Services, and how FSIs can champion innovation in the industry.</div> <audio controls> <source src="/fst/podcast/DigitalLeaders-redhat23-2-2023.mp3" type="audio/ogg"> <source src="/fst/podcast/DigitalLeaders-redhat23-2-2023.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 28/03/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How to remain resilient on your cloud journey</div> <div class="podcastdescription">Financial Services organisations are expanding their services and moving an increasing number of vital applications to the cloud.<br /> <br /> Almost half of FSIs use a multi-cloud strategy, using an average of three cloud providers, and this number is set to rise. <br /> <br /> At the same time, the regulators want to add a layer of protection. The European Union’s incoming Digital Operational Resilience Act, or DORA, aims to improve the digital resiliency of the entire financial system. <br /> <br /> To delve further into these challenges and find possible solutions for FSIs, FStech was joined by Armin Warda Chief Technologist FSI - EMEA at Red Hat.<br /> <br /> The podcast looked at how FSIs can overcome issues that prevent them satisfying consumer expectations and the demands of regulators.</div> <audio controls> <source src="/fst/podcast/redhat21-2-2023.mp3" type="audio/ogg"> <source src="/fst/podcast/redhat21-2-2023.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 14/03/2023</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Fighting fraud – disruption, regulation and the UK's ongoing battle with cyber crime</div> <div class="podcastdescription">In mid-2021, UK Finance revealed that banking customers in the country lost a record 1.3 billion pounds in 2021 to cyber fraud, arguing that the country is experiencing an 'epidemic of fraud' and that 'collaborative action' is required in order to regain control.<br /> <br /> Not even the government is insulated from this—it admitted that as much as 4.9 billion pounds of the 47 billion pounds lent by banks to 1.1 million companies between May 2020 and March 2021 as a part of the government's Bounce Back Loan programme was lost to fraudsters.<br /> <br /> To cover the regulations and technologies being deployed to combat fraud, FStech was joined by Chen Kirsch, Senior Business Consultant at Nice Actimize.<br /> <br /> On the podcast, Chen Kirsch and host Jonathan Easton discussed whether measures like Confirmation of Payee (CoP) will reduce the fraud and scam risks associated with Authorised Push Payments (APP). There are concerted efforts to help with APP risks and all aspects of financial controls are currently being reviewed. Controls like fraud technology, fraud prevention regulations focused on consumers and financial institutions, and the role third-parties can play in combatting cybercrime in the financial sector.</div> <audio controls> <source src="/fst/podcast/Nice_Actimise-1stDecember2022.mp3" type="audio/ogg"> <source src="/fst/podcast/Nice_Actimise-1stDecember2022.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 18/12/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">The next big leap in cloud for FS</div> <div class="podcastdescription">The shift to cloud in financial services is now well underway, with large institutions at various stages of their cloud journey in a bid to keep up with the rapid digitization of products and services, and the need to access and leverage data from multiple locations.<br /> <br /> However, for most firms what they have done so far is only the tip of the iceberg in terms of the potential of cloud to transform businesses.<br /> <br /> To examine the next big leap in cloud, FStech was joined by Anubhav Mehrotra, Head of Financial Services, UK & Ireland at HCLTech.<br /> <br /> The podcast covered how financial services providers are planning to leverage the full value of cloud technology for the next phase of company-wide digital transformation as well as key strategies for dealing with a growing list of challenges from changing regulatory requirements, to legacy systems and skills shortages.</div> <audio controls> <source src="/fst/podcast/FStechandHCL-0922.mp3" type="audio/ogg"> <source src="/fst/podcast/FStechandHCL-0922.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 06/09/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Data streaming: unleashing the value of data in motion in financial services</div> <div class="podcastdescription">For many financial services institutions (FSIs), data is a critical part of their operations. However, the millions of accrued datapoints that traditional finance institutions hold are only as valuable as they are accessible.<br /> <br /> For traditional FSIs, accessibility is often a sticking point. All too often, useful data that could be meaningfully deployed is stored in legacy data repositories and is therefore difficult to access in an efficient manner. FinTechs, deployed with digital-first in mind at the outset, are generally not faced with this issue. <br /> <br /> Data streaming can overhaul existing infrastructure and harness data so it is available on-demand as organisations require it. Beyond accessibility, a data streaming solution has the potential to analyse data in new and innovative ways which can add greater value from the front to the back office of an organisation. <br /> <br /> During this podcast, FStech was joined by Peter Pugh-Jones, part of the financial industries team at Confluent, to talk us through the way in which a data streaming solution can leverage and apply data in ways the result in quick, improved decision-making and help realise insights that enrich the customer experience.</div> <audio controls> <source src="/fst/podcast/Confluent-podcast-0922.mp3" type="audio/ogg"> <source src="/fst/podcast/Confluent-podcast-0922.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 06/09/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Digital workers: How is AI changing the rules for sanctions and compliance teams?</div> <div class="podcastdescription">Compliance teams in financial services companies are currently battling a perfect storm of new and complex challenges; a rise in global regulatory action combined with new sanctions on entities and individuals following Russia’s invasion of Ukraine has led to an exponential increase in workload for employees.<br /> <br /> Alongside this, employees are also shouldering the burden of staff shortages as financial services firms battle for specialised talent with big tech companies in the era of the Great Resignation, all while firms look to tighten their belts to cope with rising inflation and costs.<br /> <br /> As a result, compliance teams are experiencing burnout, overwhelm and exhaustion, pushing them to seek out other opportunities and compounding the problem for managers.<br /> <br /> To combat these challenges and free up staff time for value-add tasks, some FS firms are exploring the potential of AI-driven digital workers. This highly specialised digital workforce is being used to replicate many of the more manual and process-based tasks performed by sanctions teams, with avatars functioning as hyper-efficient members of the team. FS firms are also using these digital workers to scale flexibly at peak times and reduce capacity or virtual headcount in a responsible way if demand falls.<br /> <br /> During this podcast, FStech was joined by Daniel Hazel, Global Head of CLM at WorkFusion to talk us through the role that digital workers can play in lightening the load on an overstretched sanctions workforce.</div> <audio controls> <source src="/fst/podcast/WorkFusion_podcast-0722.mp3" type="audio/ogg"> <source src="/fst/podcast/WorkFusion_podcast-0722.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 29/07/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How can FSIs ensure compliance as channels of communication evolve?</div> <div class="podcastdescription">There has never been a time when FS firms didn’t have to deal with monitoring illicit employee communications. But the introduction of ever more channels of communication, with new apps appearing seemingly every month, means there are more ways than ever for mishaps - and malicious activity - to fall under the radar.<br /> <br /> Organisations now need to shift through unprecedented volumes of metadata to pick up on "signals" which can indicate compliance infractions. Particularly as evolving data protection and data privacy regulations in the UK, the US, and Europe mean that the potential negatives of non-compliance are higher than ever before.<br /> <br /> As a result, many firms are turning towards AI and machine learning to sift through their metadata, and to pick up on valuable signals that can save their firms from potential disaster.<br /> <br /> To delve further into these challenges as well as some possible solutions, FStech was joined by Shaun Hurst, Principal Regulatory Advisor and Dr Kevin Keenan, Senior Director of Data Science at Smarsh.</div> <audio controls> <source src="/fst/podcast/Smarsh_Podcast_17-06-2022.mp3" type="audio/ogg"> <source src="/fst/podcast/Smarsh_Podcast_17-06-2022.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 17/06/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Prevention vs cure: What are the best cyber security approaches for FS companies looking to control the cost of cyber liability insurance?</div> <div class="podcastdescription">Research shows that organisations with compromised user credentials (normally through data breach) are many times more likely to fall victim to a ransomware attack. And when you consider that the rate of ransomware attacks has more than doubled in the past year, it’s no wonder that the cost of cyber liability insurance - which is designed to support a business in the event of an attack or a breach - has risen exponentially in the last year.<br /> <br /> Many insurance providers now expect to have visibility of a network’s data security and potential vulnerabilities before they are able to assess risk and make an accurate quote for coverage. And with the cost of coverage reaching tens of thousands of pounds per year depending on an organisation’s size and cyber risk exposure, financial services providers are under growing pressure to prove to insurers that they have the right authentication, controls, and oversight to stop the bad actors at the front door - or risk hefty premiums.<br /> <br /> In addition, failure to arrange the right cyber liability coverage can leave FSIs either overcharged or dangerously exposed to the financial and reputational consequences of a successful cyber attack, meaning an ounce of prevention in this case is worth far more than a few pounds of cure.<br /> <br /> During this podcast FStech was joined by Richard Archdeacon, advisory CISO at Duo, now part of Cisco, to delve further into these challenges. Specifically, Richard explores who should be responsible for cyber oversight, what insurers are looking for when it comes to weighing up the cost of a cyber-attack, and what financial institutions should have in place before they even begin talking to an insurer for cover.</div> <audio controls> <source src="/fst/podcast/Duo-podcast-prevention-vs-cure-05-2020.mp3" type="audio/ogg"> <source src="/fst/podcast/Duo-podcast-prevention-vs-cure-05-2020.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 05/05/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How is data helping companies fight evolving fraud risks?</div> <div class="podcastdescription">The face of fraud is changing. Whether you look to the rise of romance scams, purchase scams, or the emergence of new types of crypto and investment fraud, novel strands and variants are emerging almost every day. And with many UK workers still working remotely, cybercriminals are taking advantage of the increased attack surface which the shift to remote working can offer.<br /> <br /> Though financial institutions have taken steps to stem the growth of fraud, including the introduction of Confirmation of Payee (CoP), these steps haven’t been enough to impede its growth.<br /> <br /> As part of efforts to stop fraud, companies are turning towards data analytics, blending a combination of data from different sources, as well as leveraging the power of AI and machine learning (ML) to pick up on suspicious activity. This is helping to inform their efforts as they fight Authorised Push Payment fraud and scams, customer account takeover attempts, card fraud, and money mule activity.<br /> <br /> To discuss these challenges, as well as some possible solutions, Will McCurdy, Content Editor of FStech spoke to Freddy Arthur, Fraud Strategy Leader for EMEA at NICE Actimize.</div> <audio controls> <source src="/fst/podcast/Fstech_Nice_Fraud_podcast_proof2-0322.mp3" type="audio/ogg"> <source src="/fst/podcast/Fstech_Nice_Fraud_podcast_proof2-0322.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 28/03/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Can we stop criminals using corporates to launder money?</div> <div class="podcastdescription">Despite the best efforts of regulators, organised crime continues to represent a huge part of the global economy. Criminal groups are funnelling billions of dollars of revenue every year through accounts, which needs to appear to be legitimate. With the large transactions involved, criminals are favouring companies as convenient fronts to launder money at scale, because consumer accounts simply can’t handle the numbers.<br /> <br /> Banks who are found to be assisting organised crime by facilitating illicit transactions face huge potential financial losses, regulatory penalties, and the threat of long-term reputational damage. Many banks, even in a digital age, still rely on paper to a large degree, or struggle with a myriad of data access and data governance issues across different localities as they onboard corporate clients and carry out AML risk assessments. In response, many banks are exploring how they can leverage data analytics and real-time transaction monitoring in the fight against money laundering.<br /> <br /> To delve further into these challenges, as well as some possible solutions, Will McCurdy, Content Editor at FStech spoke to Adam McLaughin, Global Head of Financial Crime Strategy and Marketing at NICE Actimize.</div> <audio controls> <source src="/fst/podcast/NiceActimize-podcast-100322.mp3" type="audio/ogg"> <source src="/fst/podcast/NiceActimize-podcast-100322.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 10/03/2022</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Data platforms: How are FSIs transforming the customer experience?</div> <div class="podcastdescription">The tidal wave of digital financial services driven by the pandemic has put data and analytics squarely at the centre of growth strategies for FSIs. <br /> <br /> But as customers demand ever-more personalised and efficient services many firms are struggling to keep up, with vital data stuck in silos and legacy systems making it a near impossible challenge to draw out key insights.<br /> <br /> To tackle this challenge, many FSIs are exploring the potential of end-to-end data platforms, which use AI, machine learning and automation to consolidate data and unlock the potential of data assets.<br /> <br /> To delve further into these topics and explore potential solutions, FStech was joined by Anubhav Mehrotra Senior Vice President and Head of Financial Services UK&I at HCL Technologies.</div> <audio controls> <source src="/fst/podcast/FStechHCL-podcast-1221.mp3" type="audio/ogg"> <source src="/fst/podcast/FStechHCL-podcast-1221.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 13/12/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Modernizing Insurance: A reality check</div> <div class="podcastdescription">In today’s world of digital platforms, the insurance industry is racing to catch up with customer demand for real-time, personalised services across a range of channels and apps. <br /> <br /> But as the InsurTech competitors step up the speed and ease of access to insurance and begin to build the Open Insurance ecosystem, more established players are struggling to prioritise and orchestrate the cultural, technological and infrastructural shifts necessary to adapt to the new realities of digital business.<br /> <br /> During this podcast we were joined by Jeff Picozzi, global insurance lead at Red Hat look at some of the key modernisation strategies available to insurers and conduct a reality check on just how advanced the industry is in its shift to digital, as well as what the future of the Open Insurance ecosystem looks like.</div> <audio controls> <source src="/fst/podcast/RedHat-podcast-insurance-1121.mp3" type="audio/ogg"> <source src="/fst/podcast/RedHat-podcast-insurance-1121.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 19/11/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Why financial services firms need an open hybrid cloud</div> <div class="podcastdescription">Financial services institutions are increasingly turning to hybrid cloud solutions as they modernize their organizations and look to meet customer demand for digital services. But what does this actually look like?<br /> <br /> Taking an open source approach to cloud can also help to overcome some of the key pitfalls many FSIs fall into when it comes to cloud transformation, such as cloud-vendor lock-in, growing regulatory pressures and the change in culture and skills required by new ways of storing, using and sharing data.<br /> <br /> An open source approach to hybrid cloud can offer distinct benefits, such as enhanced support, more freedom with cloud- and vendor-agnositicism, and ability to scale with greater consistency and efficiency, but how advanced are FSIs in their cloud journeys, and what are some of the main business challenges faced by organisations as they seek to harness the advantages of the cloud?<br /> <br /> To delve further into these challenges, FStech was joined by Nikolai Stankau, Director for Business Development at Red Hat.</div> <audio controls> <source src="/fst/podcast/RedHat-podcast-1121.mp3" type="audio/ogg"> <source src="/fst/podcast/RedHat-podcast-1121.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 08/11/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How can technology improve trading workflows?</div> <div class="podcastdescription">Trading has traditionally always been an office-based activity. However, the demands of the pandemic didn’t make many allowances for tradition or for company culture. Firms had to adapt their trading operations to a work from anywhere model practically overnight regardless of their circumstances.<br /> <br /> In response, many FSIs are turning towards voice-based technology and biometrics to replicate the benefits of a real-life trading floor in today’s hybrid office, and to ensure compliance and security against a complex regulatory backdrop.<br /> <br /> To explore some of these challenges and opportunities further, FStech was joined by Tim Carmody, Chief Technology Officer, at IPC Systems.</div> <audio controls> <source src="/fst/podcast/IPC_podcast_09-09-2021_edited-version.mp3" type="audio/ogg"> <source src="/fst/podcast/IPC_podcast_09-09-2021_edited-version.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 03/11/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How are FSIs using their security strategy to elevate consumer interactions?</div> <div class="podcastdescription">Over the past eighteen months, the UK financial industry has been forced to react quickly to a rapidly changing fraud landscape. As the nature of fraud activity shifts, banks and other financial institutions are facing a myriad of new risks, threats, and challenges. <br /> <br /> Meanwhile, the coronavirus pandemic has had a huge impact on people's lives, forcing the sector to deal with increasingly difficult consumer circumstances. Financial services providers have had to approach these unprecedented scenarios with a level of sensitivity and compassion. Many are looking to security strategies that streamline the authentication process, to ensure customer interactions are as stress-free and simple as possible. <br /> <br /> To explore some of these challenges and opportunities further, FStech was joined by Ian McGuire Security and Biometrics Specialist at Nuance.</div> <audio controls> <source src="/fst/podcast/FStechNuance-podcast-1021.mp3" type="audio/ogg"> <source src="/fst/podcast/FStechNuance-podcast-1021.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 20/10/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Fraud in Focus: Shifting from fraud detection to fraud prevention</div> <div class="podcastdescription">The rapid rise in digital and online activity has opened up a new battleground in the fight against fraud for financial services providers (FSIs), who face a range of emerging fraud vectors and increasingly sophisticated scams. <br /> <br /> And while customers moving online provides the perfect cover for criminals looking to carry out authorised push payments (APP), synthetic ID and transaction fraud, other trends, such as the rise in information from data breaches being sold on the dark web, and sophisticated website-related fraud are also on the up. <br /> <br /> As a result, FSIs are racing to keep up with this fast-changing risk landscape as they look to protect customer data and their own systems from fraud. At the same time, customers are expecting an increasingly streamlined payments service across digital channels and mobile, creating a perfect storm of risk for FSIs looking to reduce friction while managing evolving fraud risk.<br /> <br /> To delve further into these challenges FStech was joined by Glenn Fratangelo, Head of Strategy and Marketing, Enterprise Fraud Management at Nice Actimize.</div> <audio controls> <source src="/fst/podcast/FStechNice-Fraud-podcast-1021.mp3" type="audio/ogg"> <source src="/fst/podcast/FStechNice-Fraud-podcast-1021.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 18/10/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How is data driving customer value and business decision making for FSIs?</div> <div class="podcastdescription">In the last 12 months, a digital tidal wave has hit the financial services industry, leading to a corresponding surge in data volumes. But as the data landscape becomes more complex, many financial services providers are buckling under pressure to ensure that more data translates into greater value for the customer and better business decision making.<br /> <br /> with data locked in silos across disparate business units, and legacy technology often providing a further barrier, many are finding that efforts to leverage data from across the enterprise for business gains are more of an aspiration than a reality.<br /> <br /> Coupled with this, FSIs are also operating in a changing risk landscape while pressure grows to make operations more compliant, streamlined, and efficient.<br /> <br /> To explore these challenges and possible solutions in more detail, FStech was joined by Joe Lichtenberg, director of product and industry marketing, at InterSystems.</div> <audio controls> <source src="/fst/podcast/InterSystems-podcast_final_0921.mp3" type="audio/ogg"> <source src="/fst/podcast/InterSystems-podcast_final_0921.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 29/09/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Automation in FS: Myths vs Reality</div> <div class="podcastdescription">Much has been written about automation, with banks, insurers and FinTechs all exploring the potential for automated technologies to drive efficiencies by replacing manual tasks, accelerate workflows and create new products and services through AI and machine learning. <br /> <br /> But how true is it to say that financial services companies have fully embraced automation, and how many are still just at the start of their journey, even after the digital shockwaves of the pandemic? <br /> <br /> And once the technology is implemented, what processes are ripe for automation, which are proving more of challenge, and how are senior leaders integrating automation into company cultures without fuelling employees’ fears over the changing nature of work? <br /> <br /> To discuss these questions in more detail FStech was joined by Monica Sasso, chief technologist for EMEA at Red Hat.</div> <audio controls> <source src="/fst/podcast/FStech-Redhat-Podcast-fstech-0921.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech-Redhat-Podcast-fstech-0921.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 21/09/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How are banks providing omnichannel customer experience?</div> <div class="podcastdescription">In the on-demand economy, customers now expect to be able to engage with their service provider - be it a streaming service, online retailer, or banking provider, at the click of a button and on the channel of their choice. <br /> <br /> As a result, financial services providers are under mounting pressure to leverage data, AI and automation to provide a personalised and seamless customer experience, whether the customer is accessing online, via an app or calling the customer service phone line. <br /> <br /> And while FinTechs and InsurTechs enable customers to switch smoothly between online chatbots and a human advisor, more established banks are struggling to connect all of the elements of the customer journey. <br /> <br /> To delve further into the key challenges and opportunities for FSIs in building an omnichannel customer journey. FStech was joined by Monica Hovsepian, Head of Worldwide Financial Services Industry Strategy at OpenText.</div> <audio controls> <source src="/fst/podcast/Opentext-podcast-0921.mp3" type="audio/ogg"> <source src="/fst/podcast/Opentext-podcast-0921.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 06/09/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Reality check: monetising Open APIs</div> <div class="podcastdescription">In the age of data-driven financial services, Application Programming Interfaces (APIs) have become the essential building blocks of digital channels such as the apps and online banking services used by millions of customers.<br /> <br /> But as the data ecosystem evolves, and Open Banking shifts into Open Finance and Open Data, APIs are becoming far more than just gateways for data exchange between applications and systems: they are in the process of becoming drivers of real innovation and strategic value.<br /> <br /> As a result, FSIs who are slow to adopt this approach and fail to unlock the potential for new products and services, risk losing out to more nimble, Open API-enabled competitors. <br /> <br /> In this podcast we were joined by Alfonso Navio, business strategist for financial services at Red Hat to explore how FSIs are leveraging APIs to drive value for their customers.</div> <audio controls> <source src="/fst/podcast/RedHat-podcast-0821.mp3" type="audio/ogg"> <source src="/fst/podcast/RedHat-podcast-0821.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 13/08/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Fact or friction: What do we really know about consumer banking?</div> <div class="podcastdescription">As consumers adapt their habits and increasingly transact online, demand for digital financial services has risen exponentially.<br /> <br /> As a result, financial institutions (FIs) are under pressure to provide smooth onboarding processes, featuring the most up to date and easy to use technology combined with security and compliance – or risk losing the customer at the first hurdle. <br /> <br /> To delve further into these challenges, FStech partnered with HID Global to conduct a survey to shed some light on how financial institutions in UK and around Europe view these challenges. <br /> <br /> In this podcast, Dean Stevenson, a consultant and secure identity specialist at HID Global, explores the results of this recent survey and how FIs are keeping customers safe while reducing friction.</div> <audio controls> <source src="/fst/podcast/FStech_and_HID_podcast_06-07-2021_proof2.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech_and_HID_podcast_06-07-2021_proof2.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 27/07/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Bending the risk curve in the hybrid workplace</div> <div class="podcastdescription">As the workforce prepares for the long-term shift to hybrid working, financial services organisations are considering how the established operating model should change to maintain both security and agility. But hybrid working comes with its own challenges. Whether it’s personal devices accessing corporate data and applications or cybercriminals exploiting vulnerabilities opened up by remote access – the risk is vast.<br /> <br /> Enhancing IT security seems an obvious route to address the challenge, but how do FS organisations meet the demand for agility without increasing complexity? And what measures should they consider to make hybrid working secure without reducing employee productivity? <br /> <br /> Additionally, how are companies integrating secure access into wider strategic priorities as they scale?<br /> <br /> To answer these questions and explore possible solutions, FStech was joined by Helen Patton, Advisory CISO and Richard Archdeacon, also Advisory CISO at Duo, a secure access specialist (now part of Cisco).</div> <audio controls> <source src="/fst/podcast/Duo-podcast-fsech-0621.mp3" type="audio/ogg"> <source src="/fst/podcast/Duo-podcast-fsech-0621.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 09/06/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">How are financial services institutions managing risk in real-time?</div> <div class="podcastdescription">The past year has brought unprecedented disruption for financial services providers and their customers. <br /> <br /> For many, the pandemic-induced risk landscape has created new challenges for FSIs including balancing disruption detection, digesting information from all over the globe, and managing a co-ordinated response. From local COVID-19 lockdown mandates affecting physical branches to cyber criminals targeting financial services providers, there are devastating consequences for an organisation’s reputation and bottom line when crisis response is inadequate. <br /> <br /> As a result, FSIs have been under pressure to ensure they have 24/7 visibility of emerging risks, so that they can respond swiftly to protect their customers and employees while ensuring operational resilience across their physical and digital presence around the world.<br /> <br /> To tackle this challenge, forward looking FSIs are exploring the potential of real-time alerting platforms, which use AI to process billions of data units daily from thousands of public information sources such as social media, blogs, information sensors, and the deep web, to alert customers to emerging and sudden threats as they occur. <br /> <br /> To delve further into these challenges for retailers and possible solutions FStech was joined by Helen Sutton, Senior Vice President of EMEA and APAC sales at Dataminr.</div> <audio controls> <source src="/fst/podcast/Dataminr-FStech-podcast-0621.mp3" type="audio/ogg"> <source src="/fst/podcast/Dataminr-FStech-podcast-0621.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 09/06/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Counting the cost of downtime for FSIs</div> <div class="podcastdescription">Banks are under immense pressure to undergo rapid transformation and roll out innovative new products and services at the same pace as their competitors, while at the same time ensuring the high-quality customer experiences which consumers now expect.<br /> <br /> Attempting large scale digital transformation in a short period of time always carries a degree of risk when it comes to operational continuity, with some FSIs left counting the devastating cost of IT failures and data breaches to their reputation, compliance and their bottomline. <br /> <br /> This situation has only been made more difficult by the fact that many FSIs are simultaneously attempting to undergo migrations to the cloud, while also carrying years of accumulated legacy infrastructure at a time when employees are working from home, which can make visibility across all their networks and applications an almost impossible task. <br /> <br /> All these factors combine to mean that when a system fails or is brought down by malicious actors, the process of establishing root cause and ensuring full recovery can be excruciatingly slow, with the impact on customer trust reverberating well beyond the weekly news cycle.<br /> <br /> To delve further into these topics as well as some possible solutions to these dilemmas, FStech was joined by Phillip Gervasi, Senior Technical Evangelist, at Riverbed.</div> <audio controls> <source src="/fst/podcast/Riverbed-podcast-05-21.mp3" type="audio/ogg"> <source src="/fst/podcast/Riverbed-podcast-05-21.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 20/05/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Cracking down on digital communications risks in FS</div> <div class="podcastdescription">The shift to remote working has triggered an explosion of digital communications challenges for financial services firms - and a corresponding surge in the data privacy risk. As employees send millions of emails and messages across digital collaboration platforms, financial institutions are in a race against time to protect their systems, employees and reputation from the devastating consequences of a data breach.<br /> <br /> However, while much of the data privacy focus for FSIs centres around securing end points, the shift to cloud and boosting cyber security measures, research shows that over 90 per cent of data leaks are caused by human error - with emails sent to the wrong recipient one of the most common ways a company can expose itself to risk of GDPR non-compliance and cybercrime. And as the regulators step up scrutiny - and dish out eye watering fines for breaches- many FSIs are fighting an uphill battle to improve employee awareness of the potential costs of making a mistake.<br /> <br /> To combat this challenge, many firms are turning to automated data privacy platforms, which use AI and machine learning to scan emails and digital communications for compliance before they are sent with real-time warnings, which can prevent sensitive information from ending up in the wrong hands.<br /> <br /> To delve further into these challenges and possible solutions in digital communications risk, FStech was joined by Rick Goud, Chief Information Officer at secure communications provider Zivver.</div> <audio controls> <source src="/fst/podcast/Zivver-podcast-0521.mp3" type="audio/ogg"> <source src="/fst/podcast/Zivver-podcast-0521.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 17/05/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Taking Open Banking one step further</div> <div class="podcastdescription">Open Banking is already proving to be a significant disruptor in the current financial services market. It’s providing a new way to elevate customer experience by harnessing data to improve services and offer a much wider range of products.<br /> <br /> But what if Open Banking could be taken one step further? Imagine an ecosystem that goes beyond the standard format and instead reaches customers outside of but related to financial services, enabling banks and financial institutions to offer an even wider range of products.<br /> <br /> Alexandra Leonards spoke to Hans Tesselaar, executive director for the Banking Industry Architecture Network (BIAN), about the opportunity to expand and adapt Open Banking.</div> <audio controls> <source src="/fst/podcast/BIAN-podcast.mp3" type="audio/ogg"> <source src="/fst/podcast/BIAN-podcast.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 21/04/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">6AMLD is your data ready?</div> <div class="podcastdescription">With just months to go until 6AMLD is set to be fully enforced in June, organisations are scrambling to adapt to an environment that assigns additional liability for breaches to senior managers and threatens heavier sanctions across the board, with organisations all too aware of the financial and reputational risk should the regulator come knocking. <br /> <br /> But with the anti-money laundering risk landscape changing rapidly, as new threats emerge from digital payments and increased cyber security risk, organisations are being forced to re-evaluate their underlying technology infrastructures as well as improve employee awareness of their responsibilities with regards to 6AMLD.<br /> <br /> These teams have only a few months to tackle the multitude of challenges surrounding data management, data visibility and data siloes, without compromising user experience in the process. <br /> <br /> To delve further into these topics as well as some possible solutions, FStech was joined by William Brown, Head of Global Product Management at Bottomline Technologies to take a look at how organisations are implementing the digital transformation and transparency measures needed to be ready on time for the deadline.</div> <audio controls> <source src="/fst/podcast/Bottomline-FStech-podcast.mp3" type="audio/ogg"> <source src="/fst/podcast/Bottomline-FStech-podcast.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 19/04/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Know Your Customer: Managing evolving risks throughout the customer lifestyle</div> <div class="podcastdescription">There have been easier times for customer onboarding. The money laundering industry is currently estimated at being worth around two trillion worldwide, every year, and the challenges posed to FSIs by the introduction of the EU’s 6th AML directive, Brexit, and the pandemic are well established.<br /> <br /> But these challenges are amplified by the fact many organisations are still unaware of where the data truly lies within their organisation. Many are weighed down by siloed legacy IT which holds data from different business areas in systems that are unable to “talk” to each other. And many organisations simply don’t have the right data needed to onboard customers risk-free in the first place.<br /> <br /> Faced with these challenges, FSIs are tasked with minimizing the risk of cyber criminals and fraudsters – whose techniques are rapidly evolving – from infiltrating their systems without alienating customers with onerous and time consuming onboarding processes and sending them straight into the hands of competitors.<br /> <br /> To combat this problem, some are exploring the potential of AI and analytics to provide a more complete view of customer data, which helps to strike the fine balance between giving customers what they need when they need it and minimizing risk for the FSI. At the same time, emerging technologies such as biometrics offer organisations new strategies to keep one step ahead of the criminals.<br /> <br /> To delve further into these topics as well as some possible solutions to these dilemmas, FStech was joined by Adam McLaughlin, global head of financial crime strategy and marketing at Nice Actimize.</div> <audio controls> <source src="/fst/podcast/FStech-and_NiceActimize.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech-and_NiceActimize.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 25/03/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Becoming digital: how are wealth management firms transforming while respecting tradition?</div> <div class="podcastdescription">As the demand for digital services skyrocketed during the pandemic, financial services providers had to move faster than ever before to provide continuity for their customers across digital channels and platforms. And while retail banks make headway against the digital challengers, many sectors, notably wealth management, investment and asset management are struggling to keep up with the pace of change.<br /> <br /> As a result, digital advocates working in traditional wealth management firms are making the urgent business case for digital transformation to prepare for the future. However, many are experiencing pushback from senior leaders concerned that digital transformation goes against the grain of a rich heritage of highly personalised service and relationships extending back many generations, as well as highlighting the cost and security implications of moving customer data onto new technology at a time of disruption. <br /> <br /> But as customers from millennials to more mature investors become more mobile, wealth management needs to evolve quickly to survive while retaining the tailored customer experiences and seamless service that set traditional financial services providers apart. <br /> <br /> To delve further into these topics as well as some possible solutions to this digital dilemma, FStech was joined by George Baily, marketing lead for wealth at Crealogix.</div> <audio controls> <source src="/fst/podcast/FStech-Crealogix.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech-Crealogix.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 11/03/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Digital threat: can a strong cyber strategy boost competitiveness?</div> <div class="podcastdescription">With the coronavirus crisis prompting a vast shift from in-branch operations to online, like most industries, financial services has needed to adapt. <br /> <br /> Open Banking is also disrupting the market, with both banks and FinTechs looking to boost customer experience by harnessing data to offer improved services and a wider range of products. <br /> <br /> Both the shift to online and the disruption of Open banking have created opportunities for the market to grow and adapt, but they’ve also generated a whole host of new privacy and security concerns. With the backdrop of the pandemic to boot, there’s never been a more challenging time for the market.<br /> <br /> Traditional banks not only have to address changing consumer habits and a greater reliance on digital banking, but also face growing competition from alternative banks, including digital-only platforms.</div> <audio controls> <source src="/fst/podcast/FStech-and-Deloitte.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech-and-Deloitte.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 22/02/2021</span> </div> </div> </div> <div class="podcastwrap"> <div class="podcastimage"><img src="/fst/images/FStech-Podcast-Logo2020-620s.jpg"></div> <div class="podcasttextwrap"> <div class="title-left title-style04 underline04">Spotlight on automation and analytics in the data centre</div> <div class="podcastdescription">Financial sector firms are already struggling to keep up with the ever-changing performance demands of applications, and the current pressure on firms to improve time to market and scale rapidly is only adding to these concerns.<br /> <br /> Automation and object storage can complement core banking applications, which can be difficult migrate to the cloud, and enable better monitoring, management, and optimisation of infrastructure.<br /> <br /> Though banks are currently awash with unstructured data, only a small percentage of this data contains the insights needed to ensure compliance and storage performance. The metadata which object storage enables can allow IT teams to isolate performance bottlenecks and spot compliance issues wherever they may be located, in way traditional file or block storage can't do.<br /> <br /> Automation can give banks the rapid provisioning on-premise that they have accustomed to in the cloud, while the introduction of AI enabled self-healing in data centre can help them scale the systems rapidly without issue.<br /> <br /> To delve deeper into these topics, FStech was joined by, Tom Christensen, Chief Technology Officer for Northern EMEA at Hitachi Vantara.</div> <audio controls> <source src="/fst/podcast/FStech-and-Hitachi.mp3" type="audio/ogg"> <source src="/fst/podcast/FStech-and-Hitachi.mp3" type="audio/mpeg"> Your browser does not support the audio element. </audio> <div class="jsarchivedate"> <span class="jsarchiveposted"><span style="font-weight:bold;">Posted:</span> 11/02/2021</span> </div> </div> </div> </div> </div> </div> <!-- End .post --> </div> <!--========== End .COL-MD-7 ==========--> <!--========== BEGIN .COL-MD-3 ==========--> <div class="col-md-3"> <div class="jswrap4"><div class="jstitle4">The human firewall: Activating employees to safeguard financial data</div><div class="jswrap5"><video class="jsvideo4" poster="/fst/images/metomic-the-human-firewall-videocover.png" controls="" width="100%"><source src="https://www.fstech.co.uk/fst/the-human-firewall-ondemand-fireside-chat/video.mp4" type="video/mp4"><source src="/jwplayer/" type="video/ogg"> Your browser does not support HTML5 video.</video></div><div class="jswrap6"><div class="jstext4">As financial services increasingly embrace SaaS and cloud-based technologies, they face emerging threats to safeguard sensitive customer data. While comprehensive IT security measures are essential, the active involvement of employees across organisations is pivotal in ensuring the protection of sensitive data.</div></div></div> <br> <div class="sidebar-add-place"><a href="/fst/furture-ai-conf-overview-MPU" class="link-06c"></a><p class="rightsmall"><div style="padding-top:0px;"><a href="https://www.fstech.co.uk/Online/FStechFutureofAI_Conference_Overview_.pdf" target="_blank"><img src="/fst/images/300x300-FStech-Ai-conferencebrochure.gif" border="0" alt="BANNER" title="BANNER"></a></div></p></div> <div class="sidebar-add-place"><a href="" class="link-06c"></a><p class="rightsmall"></p></div> <div class="jswrap4"><div class="jstitle4">Building a secure financial future for instant payments: The convergence of ISO 20022 and fraud detection</div><div class="jswrap5"><video class="jsvideo4" poster="/fst/images/building-a-secure-financial-future-for-instant-payments-videocover.png" controls="" width="100%"><source src="https://www.fstech.co.uk/fst/on-demand-webinar-ISO-20022-and-fraud-detection-instant-payments/video.mp4" type="video/mp4"><source src="/jwplayer/" type="video/ogg"> Your browser does not support HTML5 video.</video></div><div class="jswrap6"><div class="jstext4">The financial landscape is rapidly evolving its approach to real-time transactions under the ISO 20022 standard, and financial institutions must take note. With examples such as the accelerated adoption of SEPA Instant Credit Transfers in Europe and proposed New Payment Architecture (NPA) programme in the UK, the need for swift and effective fraud detection is more crucial than ever.</div></div></div> <br> <div class="jswrap4"><div class="jstitle4">Data Streaming and Consumer Duty: Transforming customer experience in banking</div><div class="jswrap5"><video class="jsvideo4" poster="/fst/images/data-streaming-and-consumer-duty-videocover-aq1023.png" controls="" width="100%"><source src="https://www.fstech.co.uk/fst/transforming-customer-experience-in-banking-confluent-webinar/video.mp4" type="video/mp4"><source src="/jwplayer/" type="video/ogg"> Your browser does not support HTML5 video.</video></div><div class="jswrap6"><div class="jstext4">Introduced at the end of July, the Consumer Duty is a game-changing new set of rules and guidance for financial services institutions in the UK, and companies must look to modernise their systems in 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application</p></a></li> <li style=""><a href="/fst/4-simple-steps-to-securing-your-microsoft-365-environment.php"><div class="mostreadnumbers">8</div><p style="">4 Simple steps to securing your Microsoft 365 environment</p></a></li> </ul> </div> <!-- End #tab1 --> </div> </div> </div> </div> </div> <!-- END EXPERT VIEWS--> <div class="jswrap4"><div class="jstitle4">From insight to action: Empowering financial institutions through advanced technology and collaborative information sharing</div><div class="jswrap5"><video class="jsvideo4" poster="/fst/images/nice-from-insight-to-action-videocover.png" controls="" width="100%"><source src="https://www.fstech.co.uk/fst/advanced-technology-and-collaborative-information-sharing-webinar/video.mp4" type="video/mp4"><source src="/jwplayer/" type="video/ogg"> Your browser does not support HTML5 video.</video></div><div class="jswrap6"><div class="jstext4">The use of Information sharing in enhancing financial crime prevention has been universally agreed as being beneficial. However no-one has been able to agree on how information can be shared safely without breaching data protection laws or having the right systems to facilitate this, Information sharing has re-emerged as a major consideration for financial institutions (FIs) ahead of the Economic Crime and Corporate Transparency Bill being made into law in the UK.</div></div></div> <br> <div class="sidebar-add-place"><a href="" class="link-06c"></a><p class="rightsmall"></p></div> <div class="sidebar-add-place"><a href="" class="link-06c"></a><p class="rightsmall"></p></div> <div class="sidebar-add-place"><a href="" class="link-06c"></a><p class="rightsmall"></p></div> <div class="sidebar-add-place"><a href="" class="link-06c"></a><p class="rightsmall"></p></div> </div> <!--========== End .COL-MD-2 ==========--> <div class="col-md-2"> <div class="sidebar-add-place"> <A TARGET="_blank" HREF="https://www.fstech.co.uk/fst/link.php?url= 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