IBS Journal May 2017


IN THIS ISSUE MAY 2017 / ISSUE 27.01


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


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


Contributors Neil Ainger Hannah Prevett


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Regional Account Manager – UK & EU Edward Thomas Tel: +44 792 072 4371 Email: edwardt@ibsintelligence.com


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Head of Research Ashwin Ramakrishnan Tel: +91 9819 148 693


Email: ashwinr@ibsintelligence.com


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ISSN: 0965-674X Visit our website: www.ibsintelligence.com


FEATURE FOCUS AI


Core banking in the cloud Robotics in banking Outsourcing IT


REGULARS Editor’s Note:


Who’s bought what? The Big Interview: On the move:


Startup of the month: Comment:


Cautious optimism at SWIFT London event BBVA likes to move it (with Ripple) Crédit Mutuel in IBM Watson roll-out Wells Fargo tests out AI tech


Nomura launches Indian FinTech initiative Sibos destined for Boston and Singapore Trov raises $45m for global expansion efforts Royal Bank of Canada unveils MyAdvisor Orange Bank set for commercial launch Ripple welcomes BTMU aboard


ANZ enlists Nuance for biometrics roll-out Banks team up for Dutch Payconiq launch Monzo becomes unrestricted bank


NAB announces Girl Geek Academy tie up Al Khaliji rolls out Temenos tech


LBG in exclusive Windows Hello partnership First Private Bank modernises with Misys Atom confirms Will.i.am team up


Mastercard tests out biometric card in S Africa Indian startups target Bitcoin concern Redwood Bank revs up for launch


Transaction banks kick off blockchain PoC with SWIFT gpi Cash sticks around as digital alternatives catch on Starling first challenger onboard with Pay by Bank Clydesdale and Yorkshire Bank unveils Studio B


Core banking systems replacement “absolutely essential”


06 08 08 09 09 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 18 19 19 20 20 21


03


26 29 32 34


05 24 38 41 42 44


Profile: 46 Who’s been saying what: Backchat | Diary:


49 50


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