All articles by Patrick Brusnahan
Patrick Brusnahan
Patrick is the editor of Private Banker International and Life Insurance International. You can reach him at patrick.brusnahan@verdict.co.uk
Risk and reputation: Latvia tackling money laundering
Eastern Europe is regularly regarded as a hub for money laundering activity with scandal after scandal revealing more and more money pipelined through the region. However, certain players are trying to combat this. Latvia-based Norvik Bank, in collaboration with FICO, is one of those. Patrick Brusnahan investigates
PrivatBank nationalised by Ukrainian government
The Ukrainian government has acquired 100% of the shares of PrivatBank to place the countrys largest deposit holder under temporary administration.
The Digital Banking Club: Can bots be bankers?
As soon as new technology appears, the banking industry wonders if it can be applied to the financial sector. The latest additions are chatbots, which are AI-enabled messaging services. However, can these be utilised successfully? And will customers consider them to be a helpful addition? Patrick Brusnahan writes
Contactless technology making waves
According to Timetric research, the global contactless card transaction value will almost quadruple between 2016 and 2020, while the global mobile NFC transaction value will grow more than fivefold. Why is contactless affecting the payments world with so much vigour? Patrick Brusnahan takes a closer look
Cashs loss is digitals gain in India
The cancellation of INR500 ($7.50) and INR1,000 has highlighted Indias lack of digital financial options.
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As India’s cash crisis continues, digital may be the way forward
The decision from the Indian government to cancel the legal tender of INR500 ($7.50) and INR1,000 denomination notes, in an effort to tackle the black money issue, has had widespread effects on the populace. Maybe its the perfect time to embrace the digital realm. Patrick Brusnahan investigates
The millennial shift in Europe is real, but is it important?
There are constant discussions on how to attract the millennial market. This has never been more prevalent as the millennial sector, roughly aged between 18 and 35, are now coming into the peak of their purchasing power and economic productivity. How can banks attract this bunch? Patrick Brusnahan reports
Are we going to chat lots with chatbots?
With the popularity of messaging apps, WhatsApp has over one billion people on the platform while Facebook Messenger has approximately 800 million active users; its no surprise that banks want to access this port.
Fintech moving away from the fringes of the sector
A constant debate within financial services is whether the stampede of emerging fintech companies is mere hype or a true form of disruption. Are they here to help banks or to replace them? What cannot be denied is that the fintech sector has come in hot, but just how hot? Patrick Brusnahan reports
Fujitsu launches customer onboarding solution
Fujitsu has launched Smart Origination, customer onboarding technology which claims to enable financial institutions to collect, process and verify documents in less than five minutes.