Non-bank competitors

640 articles tagged with this keyword

/people

TransferWise to make 750 hires

Online money transfer firm TransferWise plans to add 750 jobs over the next six months, equivalent to more than a third of its current workforce.

/payments

Payments have become tech arms race say banks

The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which they are unprepared.

/cloud

Microsoft’s Satya Nadella on how to build partnerships ‘beyond two ships passing in the night’

Months after striking a deal with Microsoft to become a ‘cloud-first’ bank and migrate all core applications to the cloud by 2025, Bill Winters, group chief executive of Standard Chartered joins Satya Nadella, CEO of Microsoft at Singapore Fintech Festival 2020 to discuss resilience, the future of digital transformation and why a good partnership is central to achieving this.

/inclusion

Google and Alphabet CEO Sundar Pichai: ‘Online has been a lifeline in Southeast Asia’

Speaking at Singapore Fintech Festival 2020, CEO of Alphabet Inc and its subsidiary Google Sundar Pichai highlights that “online has been a lifeline in Southeast Asia” and eight out of 10 people have revealed that “technology helped them navigate the pandemic.”

/startups

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

/cloud

EBAday 2020: Banks, fintechs or card networks, what will be disintermediated after cloud adoption?

While day one discussions centred around how open banking needs to reach a point where it is just accepted as a conventional way that consumers, corporates and banks can manage their accounts and make payments, panel sessions on the second day of EBAday 2020 focused on how the cloud and Payments as a Service (PaaS) can also act as an enabler for open banking, potentially cutting out rails that are currently acting as intermediaries.

/Non-bank competitors

The Future of Payments 2020

570 downloads

/cloud

Electrifying cloud migration with strategy and security

The cloud can power innovation for financial institutions. As reported by McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver, as well as the offerings provided by technology vendors.

/cloud

How the cloud adds value to open banking business models and strategy

While open banking was initially regarded by many as a typical compliance exercise, following the implementation of the Second Payments Services Directive (PSD2), banks are now shifting gears and going beyond the regulatory requirements by leveraging the benefits of open APIs to cater to customer needs and innovate open banking business models.

/Non-bank competitors

Digital Transformation Accelerated

710 downloads

/devops

WEF executive: Traditional finance business model no longer working

Simon Torrance, senior adviser at corporate innovation firm, Rainmaking, claims that the traditional financial services business model is no longer working.

/retail

Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

Jesse McWaters, Mastercard’s vice president of global digital public policy, believes the way people think about Big Tech companies entering financial services are mistaken.

/crypto

EU proposes first set of rules for crypto assets

The European Union has taken a major step forward in its bid to regulate the crypto assets world after its executive branch issued its most extensive proposals to date for supervising the growing sector.

/regulation

Why Railsbank wants to make lemonade from the Wirecard fiasco

Could the purchase of Wirecard Card Solutions (WCS) by Railsbank be the perfect opportunity to drive regulatory change? Railsbank founder and CEO Nigel Verdon thinks so, but stability must come first.

/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.