1147 Results from 2019
Daniel Fasnacht CEO&Founder at EcosystemPartners AG
With agile entrepreneurs from Asia, exporting their digital business models to the rest of the world, Western banks will soon face fierce competition. We expect large, traditional firms to fall behind if they do not embrace digital innovations and watch out for competitor’s, especially from China. Any firm that wants to be a competitive provider o...
15 January 2019 /inclusion Innovation in Financial Services
Retired Member
Today’s global banks and asset managers seek out technology rationalization and cost reduction wherever possible, and increasingly, this includes farming out back-office processes to external providers, which should lead to a slimmer and more manageable stack, with more internal attention paid to value-added activities, better data management, and...
15 January 2019 /regulation
The first service of an GDPR notice – to analytics firm AggregateIQ for its controversial use of voter data – reinforced the severity and significance of GDPR for organisations worldwide. Though the May 25, 2018 deadline for compliance may initially have been treated as a one-off, box-ticking exercise, the reality is that GDPR brings heightened, l...
Christoffer Andvig CEO and Founder at Neonomics
The battle is on: banks are searching for ways to sustain their revenue streams during an emergence of potentially more innovative entrants. The repercussions are widespread, reaching as far as here in Scandinavia. The Nordic region is experiencing a dramatic change in how banks perceive transparency. The traditional players are now ensuring custom...
15 January 2019
Carlo R.W. De Meijer Owner and Economist at MIFSA
It is increasingly becoming a certainty that crypto-assets are here to stay. Also regulators are now more convinced that these will be here for the long run. Long time taken a wait-and-see attitude, there is growing consensus at European regulators to come up with EU-wide regulation. While on the one hand EU regulation could give the crypto marke...
15 January 2019 Blockchain Observations
...to credit cards. An area of financial services that seems to have largely missed the opportunities presented by digital and the experience economy. Instead opting for token gimmicks and sales ploys in a desperate attempt to compete. This presents a massive opportunity for disruption. To be fair, as a product category credit cards have had a lo...
15 January 2019 /retail Banking Strategy, Digital and Transformation
Sadra Boutorabi Product Marketing Director at GPayments
The internet and mobile economy have been going through a boom in the last few years. As a result, the online identity authentication industry is growing and evolving quickly. Effective identity verification continues to be one of the greatest challenges facing business owners, payment providers, and card issuers. There are simply more risks online...
15 January 2019 /security /payments Fintech
Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
Singapore is one of the most vibrant and evolving ecosystems of IT & mobile platforms that are pushing mobile & online payments towards new horizons. I have written about the role played by the banks in adding some vigor to this evolving theatre a few months back, but what we’re witnessing is the organic growth of these mobile ecosystems t...
14 January 2019 Fintech
Bobby Johal Managing Consultant at ACA Compliance
As of January 3rd, the EU’s Markets in Financial Instruments Directive II (MiFID II) has been live for a year. However, firms – and the Financial Conduct Authority (FCA) – are continuing to encounter challenges around the implementation of this significant package of changes. Below are some key areas in regards to which ACA believes that firms s
14 January 2019
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
The Finnish Ministry of Finance has set as a target to make Finland the first Real-time Economy in Europe. We are well on the way and now the MyData.org initiative is bringing in new dimensions. The focus for the RTE-program was to cut the cost of SME administrative processes in half and increase productivity also by lowering risks and making finan...
14 January 2019 /ai Contributed Data
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