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Sorry but the central theme of this post is unsubstantiated. It's easy to name drop reports from the Forresters of the world without linking to and / or quoting from them but can you list, say, five ways in which traditional banks have "not kept pace with the evolving digital-first customer lifestyle" but digital-only neobanks have?

If your broad brushstroke claim is true, how come neobanks haven't made much dent on traditional banks, despite coming into existence nearly a decade ago?

IMHO, prescriptions for improvement are more likely to be taken seriously when the problem definition is convincing. As of now, it's anything but.

Gone are the days when startups were expected to breakeven by Series C and definitely become profitable by IPO. Over 80% of tech companies in the USA last year were of loss making companies. In reality, digital companies in general and fintechs in particular have disrupted virtually nothing other than the notion of profit. Hats off to N26 for coming out and saying openly that it's not focusing on profits. 

Fintech Shouldn’t Stop Chanting The Disruption Mantra

Most techs that are mainstream today went thru' a phase when all they did was only provide a boost to brand image e.g. ERP in the late 1980s & early 1990s when it became de rigueur for companies to declare that they'd implemented an ERP package in their IPO filings; putting an 'i' or 'e' or '@' before anything in the late 1990s & early 2000s viz. eBusiness, eApplications. To that extent, contrary to how it appears at first blush, reputation boost received by announcing a blockchain project is actually a good thing. Of course, like those previous techs, blockchain will also eventually have to do more than just provide reputational boost. Key to that, IMO, is to pick and choose the applications for which blockchain really provides a compelling value proposition instead of exhibiting a cult-like behavior that blockchain will do everything including make your coffee. 

Regulated Blockchain - Oxymoron Or Killer App?

Happy to say but I told you so!

Upside Of Brexit For IT Industry

Any idea what is the extent of credit card fraud as a percentage of total credit card transaction volumes in Africa? 

This cryptocurrency exchange closures on the grounds of getting hacked is becoming a bit too frequent, if not too convenient. Is there a robust way to find out if the exchange was the victim of the hack as it claims or actually the perpetrator? 

Great post. With my background in digital payments, I have a vested interest in the proliferation of digital payments. Personally, I pay with credit card as far as possible. However, that's only me. I appreciate that every consumer should have the right to choose whatever method of payment they like (within reasonable limits). On a side note, I've heard that USD was legal tender in the limited sense of debt settlement - I believe that much is stated in the dollar bill itself. However, thanks for pointing out that BoE also defines legal tender in the same narrow context. That being the case, it's very ironic that many banks I know refuse cash for settlement of credit card outstandings.

In FCA delays introduction of Strong Consumer Authentication rules, I'd wondered when merchants in Europe will be ready for SCA. Looks like the period is 18-36 months, assuming this is not one of those things that either happens in 6 months or not at all.

To answer my own question, "Let's see when merchants in Europe will be ready for SCA", as of now, it's 18-36 months.

https://www.finextra.com/newsarticle/34101/payments-lobby-calls-for-18-month-delay-to-consumer-authentication-rules

"Tagit’s digital banking solutions are flexible enough to adopt the latest innovations in the digital space, including...".

Yo @Finextra, if it's now permissible to pitch specific company's products / services on Finextra blog posts, I've a long line of companies interested!