1068 Results from 2020
Lisette Anciaes Senior Account Director at TCA Group of Companies
Incentive travel is an important subcategory of the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry – used by many top companies as a “perk” to help incentivize, motivate or inspire employees and partners across their organization. Often tied to a company’s long-term goals, top-tier employees are effectively given a “carrot” tha...
06 October 2020 /payments /covid-19 Trends in Financial Services
Brad Hyett CEO at phos
One result of the pandemic has been the acceleration of the adoption of contactless forms of payment. First triggered by the fact that the virus could spread through the physical exchange of objects, the change was then consolidated by the need to implement social distancing within stores. The result is that consumers across all demographics have ...
06 October 2020 /payments /covid-19
Michael Boukadakis CEO at ENACOMM
In the first half of 2020, $2 trillion in cash landed in deposit accounts of U.S. banks and credit unions, according to FDIC data. From corporate borrowing to cash-hoarding and stimulus checks, the unprecedented surge was a result of the pandemic. Megabanks saw the greatest deposit gains—they have the most U.S. retail customers, after all, and serv...
06 October 2020 /retail /sustainable Disruption in Retail Banking
Adam Holden Chief Executive Officer at NorthRow
Due to time, cost and loss of productivity required to deliver a KYC remediation project, many firms delay activity or avoid the challenge altogether until the regulator comes to call. However, with the current market volatility and increasing levels of financial crime, sitting on a back-book of inaccurate or out-dated client data will expose your...
05 October 2020 /regulation Financial Risk Management
Hirander Misra Chairman and CEO at GMEX Group
There are numerous initiatives underway in Seychelles to foster innovation in FinTech, including digital assets and services. We explore what that means in a regional context in relation to future developments in this space. It may come as a surprise to many that Seychelles is the major global hub for Bitcoin trading activity. Analytics provider Cr...
05 October 2020 /crypto /markets Digital Asset Class (DAC)
Konstantin Rabin Head of Marketing at Kontomatik
It is not a surprise anymore that the fintech industry is developing at rapid steps around the world. The digitalization, which led to the improvement in various industries is visible and tangible in every aspect of our lives and it shows no signs of slowing down. As time passes the progress will become even noticeable. Developing countries in the...
02 October 2020 /inclusion Fintech
Andrew Beatty Head of Wealth, Retirement & International at FIS
There’s a familiar adage, “If it ain’t broke don’t fix it.” While its origins are unclear, it’s essentially a great excuse for doing nothing. A stark reality is that many banks run on platforms that are older than most of their employees. Why? Because they do work. However, as management guru Peter Drucker proclaims, “If you want something new, yo...
01 October 2020 /people /retail Banking Strategy, Digital and Transformation
Carlo R.W. De Meijer Owner and Economist at MIFSA
Smart contracts are one of the most popular and talked about subjects being built in the blockchain industry. As processes are increasingly digitalised, it is becoming necessary to find a way to make reliable, digital business agreements. Smart contracts are a great alternative for replacing traditional contracts, that are often complex, slow and ...
30 September 2020 /crypto Blockchain Observations
Gustav Korobov Senior Sales Executive - Core Banking platform at Advapay
Today companies have rapidly shifted to cloud technologies. With the disruptive technologies and innovations, unprecedented changes have been taking place in all industries, including Financial Services and Digital Banking. As we can see, cloud technologies have brought different benefits to the stage – for example, resources optimisation in combi...
30 September 2020 /retail /startups Fintech
Retired Member
The lockdowns and the dread of going to crowded places have taken a toll on most of us, but not fintech companies. Europe, for example, has witnessed a 72% boost in fintech use. However, such a blessing can come with unwanted curses - the biggest one being new security challenges. The COVID-19 era is a complicated one, and not all of its problems ...
30 September 2020 /security Futuristic Banking
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