How technology can help community banks to survive

Community banks have always been the prop and stay of small counties’ residents. Yet, statistically, the number of community banks have been steadily falling (from 15,957 in 1985 to only 5,874 by the...

Digital Banking Trends

What will replace the card schemes?

There has been much talk recently about how card payments will replace cash altogether in the future. I have talked previously about my opinion that the card schemes (Visa, MasterCard, Amex etc)

Innovation in Financial Services

Want to Stay Ahead of the GDPR? Utilize Biometrics

The soon to be enacted General Data Protection Regulation – better known as GDPR – has been a cause for concern for many financial institutions. Although it represents good news for consumers by stren...

Digital retail wallet: 5 Reasons it makes sense

The retail landscape is evolving rapidly as emerging technologies and trends are changing expectations of the in-store experience. As retailers look to find their place in this brave new world, many a...

Banks should beware potential electric shocks

A new report from Stanford University economist Tony Seba claims that no new petrol or diesel cars, buses or trucks will be sold anywhere in the world within the next decade. If this occurs, as people...

The 7 bank commitment to blockchain has many implications not just for trade finance but for the evo

Last week’s announcement by the seven bank Digital Trade Chain Consortium is another strong indication that the “peak hype” discussions around blockchain are somewhat misplaced. This blockchain networ...

Capital Markets Technology

Going digital - part two

'Going digital' doesn't necessarily mean that your business has been transformed. To become fully digital enterprises, companies need to shift the focus inward and innovate the employee experience. Pa...

Digital Banking Trends

Demise of cash

Bank of Finland report - ATMs (branch share very small): 2014: 145,1 million times 2015: 136,9 2016: 123,4 Billion € 2014: 14,4 2015: 13,9 2016: 12,9 Old expensive habit exiting.

Digital Banking Trends

Handling Money Flows: The Crucial Financial Aspect of Any Business

Money makes the business world spin. It is the blood of the global economy and the air companies breathe. Alas, a team of professional financial advisers can cost an arm and a leg. Some small business...

Finance 2.0

Is cloud the future for core banking?

Two questions. Do you agree that in just three years from now, every new core banking system that goes live will do so in the cloud? And do you agree that any new bank starting now would be mad to go ...

Compliance in the Cloud?

There is always a trade-off If you ask a cyber security expert to secure your enterprise environment, they may not allow anyone to login or even access email remotely and would request that you use pa...

Asia Financial Services

Bank e-id service rules the waves

Bank of Finland statistics out. e-id service figures show huge growth: 2014: 56,23 million times 2015: 69,35 2016: 84,70 Reusing ready habit, ready infra and integrating it into a rapidly growing numb...

Digital Banking Trends