Fintech innovation and startups

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

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...

09 May 2017 /retail /startups

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

06 May 2017

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...

06 May 2017 /retail /startups

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...

01 May 2017

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...

29 April 2017 /startups

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...

25 April 2017

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 ...

07 April 2017 /retail

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...

20 March 2017

Retired Member 

What are the Barriers to FinTech Investment?

Is 2017 truly a year of investment for fintech innovation as has been suggested? A report at the end of last year by law firm, Mayer Brown, suggested that financial services firms are keen to make an investment, yet they remain cautious due to the complications presented by strict and changing industry regulation. The report highlights the eager...

15 March 2017 /regulation

Michael Pearson Founder at Clarus Investments

Assessing the Value Created by Fintech Investment

The amount of investment in venture capital backed fintech companies is well documented but how much value is being created and how does that relate to the value of established financial services companies? There are various sources of data on fintech investment levels but the one we have used is from CB Insights. According to this source, the tota...

14 March 2017 /startups