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IBS Journal April 2016


in this issue News


Lloyds Banking Group offers mortgage advice via video link Santander launches voice banking initiative Amazon’s virtual helper adds Capital One to roster Atom buys Grasp as go live date approaches Barclays looks to boost Brits’ digital skills


Barclays’ “atrocious” transfer rates at centre of lawsuit BBVA introduces recycling ATMs to Spanish market Breaches spark ANZ compliance systems overhaul Chase banks on online reboot


ICICI Bank scores a core banking systems first Mondo fuses physical and digital with Thames LBG/Google claim banking data analytics first


Mizuho Bank and Fujitsu create hack-proof blockchain Sveriges Riksbank takes stand on cashless society RBS tests out AI with a human touch The month in numbers…


TSAM Europe Conference & Expo 2016 round-up


Santander InnoVentures backs blockchain surveillance venture Building bridges to tomorrow: contactless and banking innovation Half of retail banks predict end of branches by 2020 UK banks back initiative tackling lack of women in top jobs Santander taps tech heavyweights for digital advice New book offers industry insider’s look at FinTech explosion MEFTECH 2016: FinTech leads way in new industrial revolution Jumio files for bankruptcy, eyes sale to early backer Saverin solarisBank BaaP service greenlighted in Germany Visa Europe sets sights on contactless laggards


1 1 6 6 7 7 8 8


10 10 11 11 12 14 14 15 16 17 18 19 20 20 21 22 23 24 27


solarisBank’s Marko Wenthin 24


Chairman, Cedar Sanjiv Anand Email: sanjiva@ibsintelligence.com


Senior Editor Scott Thompson Tel: +44 7528 807 353 Email: scott.thompson@ibsintelligence.com


Reporter Alex Hamilton Tel: +44 7555 518 679 Email: alexanderh@ibsintelligence.com


Sales Manager Angus Chapman Tel: +44 7958 691 538 Email: angusc@ibsintelligence.com


Marketing Manager Abhijit Chakravarty Tel: +91 7718 868 804 Email: abhijitc@ibsintelligence.com


Feature Focus Greater data boom under BCBS 239


The grand merger – ins and outs of a data migration Strategic decisions in data warehousing programmes


34 36 38


Graphic Designer Pooja Bhatia Tel: +91 9920 151 037 Email: poojab@ibsintelligence.com


Sales Administrator Sandra Carr Tel: +44 7548 848 585 Email: sandrac@ibsintelligence.com


Editor’s Note: Who’s bought what? Startup of the month: Tibit


The Big Interview: Original FinTech On the move: Events Diary: Backchat:


© IBS Intelligence 2016 5


28 30 40 44 46 46


IBS Intelligence A Division of Cedar Management Consulting International, LLC Tel: +44 2075 202 630 Email: info@ibsintelligence.com UK/Europe Lenta Business Centre Suite 109 180-186 Kings Cross Road London WC1X 9DE UK


ISSN: 0965-674X


www.ibsintelligence.com


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