1147 Results from 2019
Scott Cutler Director, at Fortinet
From social media apps to exercise tracking and online shopping, today consumers are producing data at an unprecedented rate and businesses of every type are under pressure to ensure the safety of that data and maintain customer trust. But there are few types of data more sensitive than financial information – which means businesses in the financi...
18 December 2019 /security Information Security
Anish Kapoor CEO at AccessPay
As we hurtle forward into a new decade, we are surrounded by a seemingly limitless range of new technologies. All we have to do is reach across the sofa to our smartphones, think of anything we want or need, and we can be sure, ‘there’s an app for that’. A plethora of platforms, scant standardisation Technology proliferation is also becoming increa...
18 December 2019 Fintech innovation and startups
Retired Member
Wealth management is transforming faster than most professionals realize because the industry’s customer base is changing. Three trends are driving a paradigm shift in wealth management that will become clear in 2020. The most visible trends are the rise of intergenerational wealth, and the growing number of high-net worth women. For example, the
18 December 2019 /ai /wealth Trends in Financial Services
Todd Clyde CEO at Token.io
You have probably seen the headlines about banks not being ready for PSD2 – as the deadline approached and then passed, they were hard to miss. While it is true that less than 50% of banks have met all of the requirements mandated by the EU legislation, this is far from the full story. The open banking outlook for Europe is, in fact, brighter than ...
18 December 2019 Open Banking
Tim Duncan Founder/CEO at FinTechCommons.org
Summary: Last week the FDIC announced that it was issuing a new rule that will modify two definitions in the regulations regarding deposits that are facilitated by third parties to banks and other insured depository institutions (“IDIs”). Given that the new OCC “Fintech Bank Charter” is dead in the water, this may be the most important developm...
18 December 2019 /regulation /inclusion Inclusive FinTech
Satya Swarup Das Director, Products/Solutions Management at Unisys
Financial institutions have traditionally been comfortable in maintaining the ownership of customer relationships. The digital disruption in last 3-4 years has pushed them to adopt newer ways of banking, especially due to advent of plethora of fintech companies and neo-banks. That phase is gradually settling down with banks adapting to the tsunami...
17 December 2019 Futuristic Banking
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
“Data is the new oil” – you’ve probably heard this quote all too frequently by now. I can’t deny this is an interesting parallel, given data (just like oil) can be mined, stored and transformed in order to power other technologies and create value. However, I think this parallel is not only misleading, but dangerous when you consider the broader c...
17 December 2019 Open Banking
Joris Lochy Product Manager at Intix | Co-founder at Capilever
1. Introduction "Open" has recently become a new buzzword in the financial services industry, i.e. open data, open APIs, Open Banking, Open Insurance…, but what does this new buzzword really mean? "Open" refers to the capability of companies to expose their services to the outside world, so that external partners or even compet...
16 December 2019 Fintech
Rowland Park CEO at Limeglass Limited
An information advantage has become one of the most important competitive edges in the financial markets today. Receiving the right data, faster than competitors, is a significant driver of performance. However, while firms invested over $50 billion in 2019 into market data[1], investment in technology to make the consumption of financial research...
16 December 2019 /markets Fintech
Urvish Macwan Team Leader at Hyperlink Infosystem
In every 30, 40 or 50 years, the status quo must be challenged, modified, transformed, in order to avoid the accumulation of power, centralization, totalitarianism, and corruption. Corruption is inherent in power systems, and there is no more tyrannical power than power over money. Only one billion people worldwide have access to banking services...
16 December 2019 /crypto Blockchain Observations
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