Ensuring sustainable growth
During November 2017 I was journeying down the Caribbean coast of Mexico. Taking in the magnificent Mayan ruins and the crystal clear blue waters I was enjoying a fantastic time away from life in London. However, I was brought right back to reality when I lost my bank card and started fretting about the hours […]
Brexit or not, AML regulation is here to stay
As a lot of UK business in the wake of Brexit are looking to shift clients or office space to their European neighbours, upholding intercontinental regulatory standards will become more and more important. In order to maintain amiable trade relations with the EU in a post-Brexit world, British banks will need to maintain EU Anti-Money […]
Green New Business Deal
The cost of climate change has the potential not just to decimate our natural environment and resources, but to impact our health, destroy communities, reduce productivity and threaten the global supply chains that buoy our collective wealth. As signatories to the United Nation’s Paris Agreement, the United Kingdom has pledged to do its part to […]
Open Banking’s ominous Friday 13th
14th September is the date that banks across Europe have been working towards to implement the Regulatory Technical Standards that will ensure compliance with PSD2, but, for me at least, it seems more appropriate to consider the last working day before the deadline – the far more ominous Friday 13th – as the real crunch […]
Kicking Goals: Lessons for Financial Institutions from FIFA’s Women’s World Cup
With audience viewing having increased 5-fold since the last FIFA tournament, England’s defeat over Scotland in June drew a record-breaking 6.1 million viewers on BBC, 38% of the available audience. This was followed by the 11.7m viewers who watched England’s heartbreaking loss to the USA (take that, Love Island!), proving the women’s game can standalone […]
Manchester Digital Conference
Woodhurst were at the first Manchester Digital conference last week, which showcased the future of digital. Packed full of interesting content, I’m excited to share my three favourite sessions from Fingopay, DWP and Fuzzy Labs. Digital payments Fingopay’s Simon Binns delivered a fascinating talk on biometric payment tech, which has enabled making payments with your […]
The new sheriff in town
They provide no direct revenue or income for banks. They have been described as the “killjoys of finance”. They have put the brakes on some of the most lucrative services banks can offer. Yet, they are the fastest growing job in the financial services industry. With so much focus on job growth in the tech […]
Fraudsters reaping the rewards of data harvested from discarded devices
Whether your smartphone has succumbed to inbuilt obsolescence, or the latest Apple phone release is simply shinier than the last, there is no denying that consumers are swapping, reselling or trading in their devices with increasing frequency. Today, on average a Westerner upgrades their smartphone every 18-24 months. Whipping out a Blackberry at a business […]
The trials and tribulations of onboarding
Setting up Woodhurst required us to complete a huge number of tasks behind the scenes to get ready for launch. One of the most fundamental was setting up a business bank account so we can transact with our clients and pay our staff. We expected this to be relatively simple so settled upon a traditional […]
IoT isn’t revolutionising Financial Services… yet
The world is full of sensors collecting information on things; more and more of these sensors are connected to the internet making this information available in real-time: The Internet of Things. IoT has made big waves in businesses with complex supply chains, which are ripe for efficiency gains using IoT. DHL claim to have improved […]