XL Catlin’s James Tuplin on the liability issues raised by PSD2 and open banking

James Tuplin, head of cyber and technology, media and telecoms – International at XL Catlin

Open banking, which enables customers and SMEs to share their current account information securely with third-party providers, throws up some liability questions, explains James Tuplin, head of cyber and technology, media and telecoms – International at XL Catlin.

Long gone are the days when you had to go into your bank to withdraw cash, but a bank branch nevertheless remains a fixture of most high streets. Technological advancements and new regulations, though

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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