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Fintech innovation and startups

Disruption, destruction, harmony and creation; Fintech’s new frontier – a place to discuss the cutting edge of innovation.

Retired Member

Retired Member 

2017- The Year of Fintech?

This year started out to be yet an exciting one for Financial Technology, I think it is safe to say 2017 is “the year of Fintech”. I support my statement by drawing attention to the growing interest in these solutions among traditional retail banks. The consumer wants their life to be as mobile as possible, so even the traditional banks have been ...

/inclusion

Damian Kimmelman

Damian Kimmelman CEO at DueDil

Lenders need a new wisdom if they want to capitalise on growth

The banking sector simply isn't lending. And when they are, lending to the wrong businesses. Access to finance continues to be a significant concern for small to medium sized enterprises (SMEs) compared with large enterprises. More SMEs experience issues with bank loan financing compared with corporates. This is worrying considering for two reason...

/retail /startups

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Retired Member 

WHAT 100 STARTUPS WANT FROM THEIR BANKS

Business banking sucks. From accounting to invoicing and the awful customer service, business banking is painful. Our team had loads of pains with business banking. But did other people feel the same way that we did? We sat down with 100 businesses face to face for 45 minutes each to find out. We wanted to figure out what bothers businesses with t...

/retail /startups

Keith Bear

Keith Bear Vice President, Financial Markets at IBM

How will regulation impact the development of blockchain technology ?

Jessi Baker, the Founder and CEO of Provenance, recently said: “At its heart, a blockchain is a system that allows people who don’t trust each other, to trust each other.” There is no doubt that blockchain is all about bringing trust to transactions. For almost any supply chain – be it food, medical records, precious gems and minerals, real esta

Retired Member

Retired Member 

Loyalty is a four-letter word

Why loyalty matters There is one simple reason why you should read this article. | “The purpose of business is to create and keep a customer.” — Peter Drucker How do you keep a customer? With the help of loyalty. However, loyalty is one of those words that are frivolously thrown around left and right. What does loyalty truly mean, when it comes...

/retail /startups

Retired Member

Retired Member 

My First Algo in Python

Last week I mentioned my efforts to produce an algorithm on CloudQuant.com. As a reminder, they are a strategy incubator that provides historical data going back to 2011. If you can produce a trading or investment strategy that produces decent results they will license the algo from you and pay you a portion of the profits from that strategy. You...

Abhishek Chatterjee

Abhishek Chatterjee Managing Partner at Gartner Inc.

How banks can engage, expand and innovate with new market entrants?

Post financial crisis, FS institutes are mainly focusing on improving cost income ratio (reduce cost base), leverage ratios (improve quality of assets and comply with regulations) and return on equity (improve profitability). While banks were busy running a tight ship, there is a parallel ecosystem of fintech and other startups came along and start...

/startups

Retired Member

Retired Member 

An Incubator for Trading Strategies

GLG Partners has hired a head of machine learning. Financial News reports that this is a new role entirely. The article points out that the volume of data that GLG is utilizing is growing. A similar article reports that BlackRock is putting a greater emphasis on computer models. Algos have been around for a while. So these moves make sense. But ho...

Retired Member

Retired Member 

Why EBA hasn’t understood PSD 2!

On Monday 27 March 2017 the European Parliament’s Committee on Economic and Monetary Affairs held a Scrutiny Session on the Final Report on Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2). The scrutiny session is an opportunity for Members of ...

/retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Real Time Economy for EU - How?

Previous posts have aimed at describing the big picture: •https://www.finextra.com/blogposting/13835/real-time-economy-for-eu---big-picture The very compelling Why - the Mission •https://www.finextra.com/blogposting/13836/real-time-economy-for-eu---why The What - the targets in the Vision •https://www.finextra.com/blogposting/13847/real-time-econo...

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