ANALYST VIEWS

INSIGHTS

ANALYST VIEWS

Filter By:
E.g., 2021-02-26
E.g., 2021-02-26
February 22, 2021
2021 will see an influx of new companies launch debit, credit, and prepaid card programs in the U.S. and globally, fueled by card processing platforms and Banking-as-a-Service providers that have made it easier than ever to launch cards and other banking products. And other players, such as banks and credit unions, card networks, and card manufacturers, recognize an opportunity to support or...
Read Full Post
February 17, 2021
When I transfer money from my bank account to my son’s account at the same financial institution, he can (and generally does) spend the money moments later. If I lose a bet to a friend and have to pay him US$20 in cash, he can spend it right away. Consumers expect money to move from one person to another immediately. But that’s not true in a lot of places in the payments ecosystem.  When...
Read Full Post
February 8, 2021
If you are buying or selling a house, your realtor will tell you that the value of the property is determined by  “location, location, location.” For insurance companies, location is just as crucial. For an underwriter to accurately assess the risk on a property, it is essential that they consider the location of the property. How close is it to the coastline? Is it on a flood plain?...
Read Full Post
January 29, 2021
By Spencer Mindlin and Christian Benson If you’re confused about what’s been going on with GameStop and its wider implications, you’re not alone. Throughout this week, I have been receiving inquiries from friends and colleagues keen to understand what this all means. The truth is that, far from being a simple market occurrence, the events of the past week represent the intersection of...
Read Full Post
January 13, 2021
The role of insurance is to bring some predictability, manageability, and stability into what is, in essence, a chaotic and uncertain world. After what we have all experienced in 2020, any form of normality would be welcomed. Fortunately, at the beginning of 2020, many property and casualty insurers were focused on digital transformation to ensure continuity and management of their business...
Read Full Post
December 29, 2020
Chargebacks are often the bane of most merchants’ existence, as they take time and resources away from productive efforts. Businesses would love to close their eyes, click their heels three times, and have chargebacks go away. If only it were that simple, Dorothy! But preventing chargebacks is becoming that simple. Newer industry solutions are putting more control in the hands of merchants—...
Read Full Post
December 28, 2020
A vulnerability in the SolarWinds Orion product paved the way for immense cybersecurity attacks in 2020. Attackers slipped into corporate and government agency networks using compromised user credentials and then used powerful exploits to gain elevated administrative privileges. Central to the attacker’s strategy was security assertion markup language (SAML). It is a standard that guides networks...
Read Full Post
December 24, 2020
Hundreds of articles have already been written about the recent sophisticated campaign to penetrate government agencies and enterprises using a doctored software update to SolarWinds Orion, SolarWinds’ network management product. Up to 18,000 SolarWinds customers may have been affected. It’s likely that the cybersecurity community will learn more in the coming weeks, but what we know now points...
Read Full Post
December 17, 2020
For the second year in a row, Aite Group has partnered with TransUnion to conduct a comprehensive survey of the third-party debt collections industry. The industry was rocked this year by the sudden economic downturn and need to work remotely brought about by the COVID-19 pandemic. While some companies have done a brilliant job of pivoting to this “new normal” and are reporting strong results...
Read Full Post
December 17, 2020
While Sibos was a little different this year, what remains the same is that the payments industry is still banking on ISO 20022 to become the de facto standard of payments messaging. In an interesting session, Saqib Sheikh, the global head of the ISO 20022 program for SWIFT, referred to ISO 20022 as the next-generation standard for how entities speak to one another in payments. This simple...
Read Full Post

HOW CAN WE HELP?

If you have a question specific to your industry, talk with an Aite Group analyst.  Call us today to learn about the benefits of becoming a client.

 

Receive email updates relevant to you. Subscribe to entire practices or to selected topics within practices.