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Archive for: May, 2017
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Staying agile: The key to longevity for today’s challenger banks

25 May 2017  |  5878 views  |  0 comments | recommendations Recommends 0

Despite their fragmentation, challenger banks remain united in their need for operational agility. The term ‘challenger banks’ is fast becoming a misnomer, such is the level of diversity displayed by today’s diverse range of financial services providers. At one end of the spectrum are the mobile only banks, like Atom, Monzo and Starling. These are ...

GroupBanking Architecture
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Data Lakes May be Failing Banks, but it Doesn’t Need to be This Way

23 May 2017  |  10091 views  |  2 comments | recommendations Recommends 0

The reality for many banks is that data lakes are becoming data swamps, with business users unable to access the large volumes of machine-generated, clickstream, and externally generated data that lives amongst their depths. Regardless of their good intentions, data lakes have become bottlenecks at most banks simply because it’s too difficult for b...

TagsRetail bankingInnovationGroupData Management 101
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Retired Member
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How hard is it to build a digital insurer?

17 May 2017  |  4189 views  |  0 comments | recommendations Recommends 0

At least 10 teams in Germany are currently trying to build a new fully digital insurer. Among them are for example the startup Ottonova from Munich or the Finleap Venture Element. Other young tech c

TagsInnovationStart upsGroupFintech innovation and startups
Retired Member
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Automation and AI key to future bank profitability

15 May 2017  |  5875 views  |  0 comments | recommendations Recommends 0

More and more bankers are suffering sleepless nights over spiralling, often out of control, costs and declining, or even disappearing, margins... And if they aren't, they should be. If they don't do s...

TagsRisk & regulationPost-trade & opsGroupPost-Trade Forum
Retired Member
a non-active Finextra member

Escrow Payment Services a boon to B2B Market Place

12 May 2017  |  9652 views  |  0 comments | recommendations Recommends 0

B2B Market Place With the advent of new technology and sky rocketing business needs B2B market place is gaining momentum like never before. It’s been predicted by industrialist and experts, that by 20...

TagsPaymentsGroupInnovation in Financial Services
Retired Member
a non-active Finextra member

Top 4 Startup Goals in 2017

10 May 2017  |  5841 views  |  0 comments | recommendations Recommends 0

Running a startup is a difficult job, especially if you are not 100 percent sure whether you are going in the right direction. This is why long-term goals can help you shape your business plan and kee...

TagsStart upsGroupTrends in Financial Services
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