Community
Fintech discussions and conversations around the development of fintech.
As the owner, you will also give up ownership if you leave this group.
Sam Boboev COO & Co-Founder at Botcommerce
In 2010–2012, something began to change in people’s behavior. The changes happened so slowly and naturally that most of us did not even pay attention to them. 10 years ago, the iPhone 4 was already on sale we used the phone as a tool that performs certain functions: make calls, check the map or listen to songs. Now smartphones have become our compa...
06 November 2020 /payments /startups
Claus Christensen CEO at Know Your Customer
The lens through which we have traditionally looked at anti-money laundering compliance is changing. This is due to a number of factors. First, there is the rise of FinTechs, whose whole functioning and success is based on a digital-first approach and a customer-centricity that were not common in financial services until recently. Then there is a...
06 November 2020 /regulation /crime
Conchur Gill Associate Partner, Payments at Be | Shaping The Future
Much of the discussion on the FinTech phenomenon in recent years has referred to FinTechs coming to market with differentiated products and innovative business models to challenge incumbents. Excitement about the growth potential of these companies has led to some confusion, especially on the issuer side of things. There is a common conflation betw...
04 November 2020 /payments /retail
Fintechs, perhaps surprisingly, don’t see a future where they have won and incumbent players have lost. J.P. Morgan says “challenger banks expense bases are every very well developed and their revenue channels or their ideas for how to monetize their customers are very, very underdeveloped.” “By far the most popular [business strategy] has been ‘we...
Retired Member
The payment industry has a long tradition of outsourcing, partnering, and collaborating across a wide set of organisations. Many parties are involved each time a customer buys something with a plastic card, pays a bill or sends funds overseas. The wider business world is waking up to the concept of the extended enterprise. This is when several org...
28 October 2020 /security /regulation
Four years ago, and continuing until very recently, robo advisory was all the rage. It was impossible to go to any wealth conference without at least one of the speakers expounding the virtues of the technology revolution and how it was going to disrupt ‘established wealth management’. Viewing the industry today, I feel a little cheated… on the su...
27 October 2020 /wealth /inclusion
Daire Ferguson CEO at AvaTrade
The COVID-19 pandemic has affected all aspects of our lives. Setting aside the health implications, twelve months ago we could have had no idea that the way we work and socialise would change so dramatically. In the world of trading, we’ve seen further market volatility – on top of the political shifts like Brexit and talks of trade wars and prote...
22 October 2020 /markets /covid-19
John Cragg Chief Executive Officer at MYHSM
Security and compliance in the payments ecosystem cannot be underestimated and should always be adhered to. Yet, understanding the complexity of the various security standards is something that cannot be taken lightly, and regulatory compliance is constantly evolving so navigating it can be a major task. The introduction of PCI Security is intende...
21 October 2020 /security /payments
Stefan Pajkovic CEO at TradeCore
On average it takes at least 2 to 3 years for a fintech company to transition from an initial proposition to being market ready, often at the cost of millions of pounds. In the current COVID environment, where it’s more difficult to develop products and prove profitability to investors, many industry commentators are warning of a ‘fintech spiral ...
16 October 2020 /regulation
Reed Luhtanen Executive Director at U.S. Faster Payments Council
In a year where we’ve seen the emergence of the COVID-19 pandemic, the raging wildfires in California, a hurricane season so active we’ve exhausted the alphabet, and more, “unprecedented” has become an all too familiar term. And these incomparable times have had considerable impact on the American people, particularly from a financial perspective....
15 October 2020 /payments /covid-19
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.