920 Results from /startups
Alex Kreger Founder and CEO at UXDA Financial UX Design
Bill Gates said that banking will always be needed, but banks as we know could easily disappear. And FinTech is all about winning changes and everyday finance improvements. In 2015 venture capitalists raised $19.1 billion USD to support FinTech revolution. With the five biggest banks controlling nearly $15 trillion in assets, FinTech’s $19.1 billi...
15 December 2016 /retail /startups Innovation in Financial Services
Retired Member
Now IT development costs are so low for start-ups I feel that technology is no longer the key edge for FinTechs. I read an interesting press release recently from an early stage vendor who was just announcing a strategic partnership with a large data vendor. I found it particularly interesting because they touch on the nub of the challenge that man...
13 December 2016 /startups
The global financial crisis inflicted a lot of pain on most banks. Strong antagonism between Main Street and Wall Street coupled with market crash aftershocks left these traditional portals for money management crumbling with disappointing end-of-year financial statements, dissatisfied shareholders and disillusioned customers. Since then, the emer...
09 November 2016 /startups
James Sinclair
Over the last 10 years or so, payment terms of companies have increased from an average of half a day to two and a half days, as a way of better managing cash flow and maintaining working capital in larger firms. As a result of this, it translates into an average of 120 day payment terms, which means businesses may not receive final payment 4 mont...
29 October 2016 /startups
Brett King CEO & Founder at Moven
I've been in Fintech since before we called it Fintech. Some would say that Fintech has been around for decades, as soon as Bank of America deployed ERMA (Electronic Recording Method of Accounting) in the 1950s, but even though the term was commonplace by 2009 amongst practitioners, the term Fintech got very little industry use until 2013, and the...
25 October 2016 /startups Innovation in Financial Services
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight
New technologies drive cost/income breakthroughs New technologies like machine learning, biometry and block chain have entered the financial industry and will impact the banking battle on cost/income big time! The results of the Finextra/AdviceRobo survey produced this summer on Robo-Advice show that there is an increasing awareness of the potenti...
21 October 2016 /regulation /startups
We’ve all got them: friends, ex-colleagues or LinkedIn connections who’ve made the move from a big corporate to a start up. I was about to follow suit. The fintech boom was attracting more and more people from some of the large corporates I’ve worked with, but the rationale of the exodus was made clear one night over a drink with an old friend. The...
13 October 2016 /startups
Jon Carp Director at Finceler8 Limited
After my last blog entry - When Is A Salesperson Not A Sales Person - I now share some further experiences. My colleagues and I are often are approached by companies to help raise funds for their future growth and success. We have to be careful here because introducing to the investor network, whilst potentially fruitful, can also carry a risk to r...
22 September 2016 /startups
Dennis Gada Vice President, Financial Services at Infosys
Even after the global economic crisis of a decade ago, the world’s largest banks have continued operating much like they always have because of the belief that they were “too big to fail.” Governments for the most part seemed to go along with this reasoning. Then came the rise of the financial technology start-ups. One can compellingly argue, that...
16 September 2016 /sibos /startups
David Mann Executive Specialist at Various
Structuring a business so it is capital and tax efficient sounds boring to most who aren’t accountants, but if you can pay your staff better and compete in the market more aggressively, it’s no longer a boring topic. If you can operate more efficiently with business units set in rapid response structures to drive marketshare, and deliver better pro...
16 September 2016 /startups Innovation in Financial Services
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