search.noResults

search.searching

note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
IBS Journal February 2018


IN THIS ISSUE FEBRUARY 2018 / ISSUE 28.10


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


Senior Editor Bill Boyle Tel: +44 7909 954 991


Email: billb@ibsintelligence.com


Senior Reporter Alex Hamilton Tel: +44 7555 518 679


Email: alexanderh@ibsintelligence.com


Junior Reporter Henry Vilar Tel: +44 7747 357 769


Email: henryv@ibsintelligence.com


Design & Production Simon Turner Email: simon@west-hill.co.uk


Advertising Sales Manager Angus Chapman Tel: +44 7958 691 538


Email: angusc@ibsintelligence.com


Senior Account Executive Cristian Tarcatu Tel: +44 7764 838 741


Email: cristiant@ibsintelligence.com


Account Executive Rushikesh Dixit Tel: +91 9820 888 569 Email: rushikesh.dixit@ibsintelligence.com


Account Executive Ridhie Kheria Tel: +91 7208 306 364


Email: ridhiek@ibsintelligence.com


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


Digital Marketing Manager Shadab Khan Tel: +91 9920 739 363


Email: ShadabK@ibsintelligence.com IBS Intelligence


A Division of Cedar Management Consulting International LLC, Tel: +44 2075 202 630


UK/Europe Lenta Business Centre, Suite 105, 180-186 Kings Cross Road, London WC1X 9DE, UK


Americas 55 W. Jackson Boulevard, Suite 557 Chicago, IL 60604, US


ISSN: 0965-674X


BANKING INDUSTRY ARCHITECTURE NETWORK REGULARS


Editor’s note


The Big Interview: Hans Tesselaar, BIAN Good month/bad month


Start up of the month - Emma The month in fi gures Who’s bought what On the move


Backchat | Diary


05 35 41 44 46 47 48 50


BIG INTERVIEW: HANS TESSELAAR 35


Varo Money and Ledger each enjoy funding success South Korea denies crypto ban as China ramps up regulation deVere Group rides the Bitcoin hype as it announces new crypto app Russian banking malware intercepts SMS messages and steals data CGI: Banks should be getting ready for a digital-fi rst, value-added future Sharjah Islamic Bank unveils ATM for visually impaired customers Wells Fargo to close 900 branches Trump dismisses big bank penalties


Insight: Open Banking is seen as an opportunity, not a threat


07 09 10 11 12 13 15 16 17


World Economic Forum: Cybercrime and data breaches most likely risks in 2018 18 News analysis: Why banks can’t wait for the 871(m)-review outcome News analysis: How MiFID II will make it harder for SMEs to blossom


19 20


FEATURE FOCUS - CORE BANKING A look ahead to what could happen in 2018


How banks are modernising their back offi ce systems Emerging dynamics of Transaction Banking systems


Taking control of Transaction Banking from aspirational millennials


03


22 25 29 33


www.ibsintelligence.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52