Trends in Financial Services

Five ways fintech is disrupting the financial services industry

05 Mar 2018

Fintech is the buzzword within the banking industry. It refers to the use of technology across all financial services functions. For instance, the simple task of replacing paper-based processes with software and applications is an example of fintech at work. Previously, fintech was mainly used for back-office functions by leveraging software to hel...

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Why banking passwords will soon disappear

27 Sep 2016

Banks, understandably concerned with improving security amidst rising investments in payment technologies, are turning to biometrics for an answer. It is estimated that the market for biometric identification in financial services applications will increase from $123 million in 2015 to $657 million in 2019. A year later, in 2020, payments worth $5...

How Banks and FinTech Start-Ups Can Work Together

16 Sep 2016

Even after the global economic crisis of a decade ago, the world’s largest banks have continued operating much like they always have because of the belief that they were “too big to fail.” Governments for the most part seemed to go along with this reasoning. Then came the rise of the financial technology start-ups. One can compellingly argue, that...

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Artificial intelligence in banking - will it manage your life?

12 Aug 2016

How can Banks help customers manage money throughout their life? In the early days of banking, bankers knew customers and could guide and advise them in person. Today's digital models have taken away that personal connection. Can we use technology to bring back the human connection? At many levels, Artificial Intelligence (AI) can be leveraged to b...