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Fintech discussions and conversations around the development of fintech.
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As the presence of fintech in various industries keeps growing, its impact on some industries is getting harder to ignore. Financial services in particular have benefited a lot from the integration of various modern financial technologies in their work, and we’re likely only seeing the tip of the iceberg, with more coming up not too far on the hor...
17 August 2018 /inclusion
Daniel Fasnacht CEO&Founder at EcosystemPartners AG
After the financial crisis, Western banks where paralysed with lawsuits, fines and regulatory requirements. The lack of innovation paved the way for a new industry (fintech), focusing on data and clients that lost trust in large banks and their intransparent and complex financial products. Challenger banks from Asia are about to export their digit...
15 August 2018 /inclusion
Fintech is one of the most rapidly growing fields at the moment, not just in the technological sector but as a whole. And it makes a lot of sense when one considers the numerous implications it has in our everyday lives, especially when it comes to large-scale institutions’ operations and the way they are able to meet the demands of large numbers ...
10 August 2018
1980 was a great year. Post Notes had its debut. Cable News Network launched and the US men’s hockey team beat the Russian team. Most data was stored in file structures like VSAM. Not until 1983, when IBM launched DB2, did data processing take a leap from file based structures to relational databases. Between 1980 and today computer processing has...
The current situation around India’s agriculture is not very pretty, as the country has found itself in a dire state in some regions due to the government’s attitude towards its need for farmers. It’s not clear when the situation is going to stabilize – or how – but it’s interesting to note that the growth of the fintech sector has given local far...
29 July 2018
Michael Pearson Founder at Clarus Investments
My updated research on fintech financing and performance shows that valuation growth for most of the start-ups in the sector is still very strong (on paper) but that revenue growth and profitability continue to be a challenge, even for the companies which have been operating for more than 5 years. The analysis is based on a sample of 39 privately-...
26 July 2018 /startups
Modernising a bank is not easy and most of the difficulties come down to legacy systems. Banks need to adopt new digital core banking platforms, but what’s blocking adoption are the worries that come with transferring data from a legacy system to a new digital one. The two main worries any bank has when looking to modernise systems are: Will i...
25 July 2018 /retail
Currently, in the world of finance, there is a growing number of banks and Fintech services trying to compete by offering various solutions to their users─rich with features, functions and innovations. At the same time, the expectations of the users are growing rapidly as well. Once the user has felt what it is like to utilise a great product, the...
17 July 2018
There is plenty of talk about cybersecurity both internally and externally. And it’s no surprise that cybersecurity in the financial sector in particular is a huge industry. Cybercrime in general is a $600 billion industry, and at some point in all those breached accounts and compromised security, financial institutions will pay either directly or...
12 July 2018 /security
Aamil Ghani Associate at Bovill
On the coat-tails of Monzo, Starling and other ‘challengers’, e-money and payment service providers are increasingly looking to “upgrade”: become authorised to be a bank. There is a logical path to be taken: starting as a payment services firm, which is not able to hold customer balances overnight, to becoming an e-money firm, which can hold e-wal...
10 July 2018 /regulation
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