865 Results from /inclusion
Retired Member
According to Gartner, by the end of 2020, 20% of citizens in developed nations will use AI for everyday operational tasks and a whopping 85% of CIOs (Chief Information Officers) will be piloting AI programs for their organizations through buy, build and outsourcing efforts. By the end of 2018, use of AI is predicted to be widespread through common...
26 December 2017 /ai /inclusion Asia Financial Services
The number of mobile phone users in the world is likely to surpass 5 billion within the next year. As this number grows, it’s no wonder why most banks have their own mobile app or at least a way for their customers to access finances on-the-go. Yet 3.5 billion people worldwide are excluded from the financial system. Surely there is a way for these...
08 December 2017 /inclusion
Following the meteoric rise of Bitcoin, which recently skyrocketed in value past $11,000, it’s clear that advancements in the fintech industry are changing the monetary landscape as we know it. Whether through a cryptocurrency or other emerging technology, such as mobile money and blockchain, physical cash is being replaced by digital alternatives...
05 December 2017 /inclusion Financial Inclusion
Richard Carter Managing Director at Equiniti Credit Services
A New Game Awaits Digital fluency and a thirst for convenience are making the UK’s borrowers more capricious and cost-sensitive than ever. Interest rate rises, and new regulations will add fuel to this fire next year, and lenders that can’t keep up will get burned. 1) Lowest price wins In the digitised age of credit price comparison sites,
30 November 2017 /retail /inclusion Innovation in Financial Services
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
By Dr. Roboadvice Banks have been growing their cost/income ratios with serious cost reductions since 2008. But from now on, the real breakthroughs will primarily have to come from income growth. Online retailers like Amazon are great at growing their income, but this is not what banks usually excel in! New target groups, new product market combin...
20 November 2017 /ai /inclusion Digital Banking Trends
Access to finance is consistently highlighted as a serious concern for small to medium businesses (SMEs), which is worrying considering they are the lifeblood of our economy. Their contribution to the British economy is set to exceed £241bn by 2025, up 19 per cent from last year’s figure of £202bn according to research from the Hampshire Trust Ban...
14 November 2017 /inclusion Open Banking
Can IoT transform last mile delivery of financial services to rural India? While rural banking in India is heavily reliant on channel partners and distribution networks, an emphasis on digitizing and automating would give rise to greater cost efficiencies, as well as increased banking transparency and accountability. The Internet of Things (IoT) c...
09 November 2017 /inclusion Innovation in Financial Services
Stacey Small Business Development at The Glue
The word innovate was first recorded in 1540. Somewhat surprising, to hear people banging on about it like it’s a revolution. What does innovation mean? And is innovation really ‘a new world for banking’ or should it be ‘a new bank for the world?’ Are fancy interfaces an imperative or is there a bigger picture that bears far more valuable fruit? I...
01 November 2017 /inclusion Financial Inclusion
Raj Chaudhary Financial Service Consultant at Infosys
Fintech has been a talk in town since long now. Regtech, on the other hand is still being discussed a fad or future. It’s time. Regtech, slowly but steadily is becoming the BUZZWORD in regulatory compliance. Regtech was received well sometimes with open hands and sometimes seen with uncertainty. Here we discuss Regtech, its evolution and landscape...
30 October 2017 /regulation /inclusion Fintech
Bob Lyddon Consultant at Lyddon Consulting Services
Catalonia is not a part of the SEPA Area; it has no central bank and so it has no Eurosystem member. Its financial infrastructure is, however, SEPA-compliant, meaning domestic and cross-border high-value payments are made and received through TARGET2, domestic low-value through Iberpay, and cross-border low-value through Iberpay and EBA STEP2. Bank...
28 October 2017 /payments /inclusion Fintech innovation and startups
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