1068 Results from 2020
Carlo R.W. De Meijer Owner and Economist at MIFSA
In one of my earlier blogs, I mentioned that Facebook’s efforts to launch its Libra cryptocurrency triggered intense debates over who would control money in the future. It has also forced Central Banks to think about and explore their own digital currency. According to recent research, at least 18 central banks are currently developing digital curr...
12 February 2020 Blockchain Observations
Niall Twomey Chief Technical Officer at Fenergo
In the previous blog, I examined the current compliance challenge and how e-KYC utilities can solve the age-old challenges of collection, validation and processing of customer data and documentation. In this blog, I look at the KYC utility models of the past and the three key learnings we can take from these experiments for the second coming of e-...
11 February 2020 /regulation Financial Transformation
Konstantin Rabin Head of Marketing at Kontomatik
Earlier last month, news feeds were abuzz about a major acquisition within the financial industry, when Visa purchased fintech startup - Plaid, for a substantial sum of $5.3 billion. Although major news, for the majority of the readers this was the first time they have heard about Plaid, raising the questions of how could this company that many ha...
11 February 2020 /inclusion Fintech
Alex Kreger Founder & CEO at UXDA
We are living in a very competitive age. There are all kinds of digital financial services to choose from, and plenty of new ones enter the market every year. Customers are overwhelmed with the choices, and their expectations are constantly rising. For many entrepreneurs, this turns out to be a dead end, leading their businesses to bankruptcy. Mea...
11 February 2020 /retail Digital Banking Trends
Joshua Frith Managing Director at The Dubs
2019 brought us the rise of podcasts, micro-influencers and personalisation. In 2020, they’re here to stay — and several new finance content marketing trends will join them. Many are global, but some will impact your local market more than others, so keep an eye on your neighbours. Here’s what to expect from finance content marketing in Australia,...
10 February 2020 Marketing in Financial Services
Joris Lochy Product Manager at Intix | Co-founder at Capilever
In recent years, the usage of the term "Financial Inclusion" has risen exponentially. As with any buzzword, it is used and misused by many companies to boost their corporate image and get support from different governments (e.g. subsidies). As with so many buzzwords, the term has become so much overloaded, that it now encompasses a wide ...
10 February 2020 /sustainable /inclusion Financial Inclusion
Shirish Netke President at Amberoon
Last week, the US Department of Treasury published its 2020 Strategy document that "employs a whole-of-government approach to guide the public and private sectors in addressing 21st century illicit finance challenges." The report highlights the risk-based approach as central to the 2020 Strategy. The report classifies vulnerabilities a...
10 February 2020 /ai /crime Banking Regulations
Keith Stonell Managing Director, EMEA at Guidewire
The “gig economy” is growing rapidly. Technology acceleration has enabled businesses like Deliveroo to pioneer its working model in the UK. The increasing number of contractor jobs has risen from 1.3 million in 2018 to 4.7 million and it seems that more industries are shifting to an ad hoc basis when it comes to employing staff. For insurers, this...
10 February 2020 /inclusion Innovation in Financial Services
Boris Huard
As we enter a new decade, many financial providers plan to harness the power of automation and invest in advanced analytics such as Machine Learning and Artificial Intelligence to help transform their processes. With this transformation, many are currently investing in major projects to bring together disparate data sources together into one cohere...
10 February 2020 /ai
Barley Laing UK Managing Director at Melissa
Time pressure and cost are two big issues faced by those in financial services as they seek to ensure compliance with a proliferation of new know your customer (KYC) and anti-money laundering (AML) regulations. One of those that recently became law is the Fifth Anti-Money Laundering Directive (5AMLD), with its focus on strengthening transparency ru...
10 February 2020 /regulation Digital Identity Management
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