Future Finance

Finextra and Oracle have gathered together some of the industry's top thought leaders to discuss, debate and analyse the key trends and issues within transaction banking, regulations and retail banking. This group will focus on upcoming regulations, new service offerings and industry debate shaping the new financial services landscape with regular blog posts, video interviews, webcasts debates and surveys.

Elton Cane Digital product delivery at News Corp Australia

Would you pay to put your mortgage out to tender?

An Aussie start-up with a new take on online mortgage brokerage is betting a good number of people will. Flongle encourages consumers to carefully map out their ideal mortgage for a new property or refinancing, and then for a fee anonymously put it out to Flongle's network of lenders and brokers to bid on in a "mortgage contest". In a way...

18 September 2014 /retail

Retired Member 

What Apple Pay means for China

The launch of Apple Pay will likely have a profound impact on the payments industry in the US and potentially Europe, but what does it mean for China? A big bite or a small one? After Apple's launch annoucement of Apple Pay in early September, speculation was rife as to what the business model would look like and how Apple and the other players in ...

18 September 2014

Retired Member 

Crowdfunding to the moon: InvestUP

“Back in the 1960s when they were landing on the moon, everyone came together, it wasn’t the U.S. landing on the moon, it was mankind” says James Tuckett, founder and MD of investUP (or just UP), the ‘world’s first crowdfunding supermarket’. It’s an aggregator, a central access point, a platform to give you control over the plethora of debt and equ...

16 September 2014 /wholesale /startups

Elton Cane Digital product delivery at News Corp Australia

Contactless payments are not a choice

If you want a new debit or credit card in Australia, you're getting PayWave or PayPass - there's no choice. And Australian police forces, and at least some consumers, don't like it. Police are bemoaning an increase in contactless credit and debit card fraud arising from stolen tap and go cards, and point to increases in handbag thefts, car break-i...

29 August 2014 /security

Retired Member 

The Next Generation of Analytics

Are Financial Institutions Prepared? Today’s consumers have high expectations − and for good reason. They have become accustomed to, and are increasingly likely to demand, anytime/anywhere connectivity and access to the products, services, and information they desire and need. These expectations carry over to their banking relationships, and banks...

25 August 2014

Elton Cane Digital product delivery at News Corp Australia

Cryptocurrency can cure cancer

There's been a lot of hype and controversy about Bitcoin. Exchanges have bloomed, been taken down, been hacked and evolved. Regulators are running this way and that. The tech and mainstream media has jumped on board, variously predicting crash and burn or a transformed digital currency future. And there have been a bunch of followers, tweaking the...

07 August 2014

Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software

Is Today's Approach to Banking App Development Quick Enough?

2 hours and 19 minutes. That's how much time the average person spends on mobile apps every day. With a mere 22 minutes spent on the mobile web, consumers are growing more and more used to having an app for everything. And, in this regard, banking services are no different. Banking app usage is through the roof! Over the years, growth in the use o...

22 July 2014

Dan Barnes Writer at Information Corporation

Google search: What’s my credit score?

The hype around big data is, ironically, huge. There is more to big data technology than the marketing bandwagon. The scale of the difference that systems like Hadoop – the open-source platform based on Google’s storage model – can have on making sense of lots of input at once is interesting to observe. Using parallelised, decentralised processing...

01 July 2014 /regulation

Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software

Mobilizing Your Loyalty Programs

Last weekend I was out shopping for apparel for my family at a retail outlet I prefer for all my clothing purchases. Being a weekend, the queue at the payment counter was characteristically long. After what seemed like an interminable period, I finally arrived at the counter. The visibly harried and overworked lady at the counter mechanically and ...

24 June 2014 /payments

Retired Member 

Dodd Frank Stress Test Results

So much has been written in the news about the US Banks that failed the Fed’s recent stress test. While it certainly is not a pleasant experience for those institutions, we need to look for the lessons that can be learned in this situation and discuss ways to lessen the stress of stress tests within boardrooms. Stress Testing must be an integral p...

10 June 2014 /regulation