What lies ahead in 2013?

FStech has been asking leading industry players for their take on key 2013 financial sector technology trends. The January/February issue will include 13 stand out predictions for the year ahead, taking in the likes of Big Data, the cloud, DDoS, social media and mobile payments

Sample comments….

“Apple’s traction in the financial sector rapidly expanded during 2012 and it continues to accelerate. During 2012 it became clear that social end users now want access from any device to the corporate network – iPhone/iPad or Android. Social users found their own solutions, such as Google Drive and Dropbox for sharing corporate files, putting IT departments at risk of losing control and losing relevance by not responding to the demands of their end users.” - Alan Laing, VP EMEA, Acronis

“The financial sector has always been subject to data retention and compliance regulations. However in 2013 these increasing pressures to be compliant with data retention, data management legislation and best practice will see customers evaluate cloud/hosting providers more ruthlessly. Cloud and hosting providers must be able to securely and efficiently store and manage data to the level that the financial sector requires.” - Alistair Mills, CEO, Six Degrees

“2013 is shaping up to be the year where the banks may lose their prized possession of being the primary processor of payments. Many other organisations are jumping on the bandwagon; retailers, internet companies and mobile telecomms operators all producing different mobile wallet technology. NFC will continue to be a great technology for data sharing but will not be a key player in the payments space due to the inherent security risks. 2013 will be the year where mobile payment gets some real traction. I predict big increases in the prevalence of mobile PED’s for small/mobile business secure card payments as the cost and ease of use of these devices/applications makes them acceptable for the millions of small businesses that today rely on cash and cheque payments.” – Huw Thomas, managing director, PMC

The January/February edition of FStech will be available in early February. To guarantee your copy, subscribe at: http://www.fstech.co.uk/fst/fstsubscriptions.php

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